PayPal is trying to drag its 435 million users into the $120 billion stablecoin market — here’s why
The company is entering an extremely crowded market already dominated by stablecoins like tether and USDC. Crypto chief Jose Fernandez da Ponte explains why.
Outperforming analysts reveal 2 new oil and gas stock picks — with one expected to rise by 35%
The analysts’ basket of picks has surged by 145% since inception. Now, they have revealed two new stock ideas which they expect to outperfom.
Alibaba, TSMC and more: Goldman Sachs names stocks to play 3 A.I.-related sectors
CNBC Pro takes a look at 15 stocks that turned up on the bank’s artificial intelligence screens covering hardware, semiconductors and applications.
Dow sheds nearly 200 points, Nasdaq drops 1% as August slide resumes ahead of inflation report: Live updates
Investors are coming off a down session for the major averages Tuesday.
From $40 billion to ‘going concern’ — WeWork warns of possible bankruptcy
With losses mounting and cash dwindling, WeWork said in a filing that there’s doubt about its potential as a “going concern.”
ESPN launches sportsbook in partnership with Penn Entertainment
Penn Entertainment and Disney’s ESPN are partnering to launch a sportsbook, which will be branded ESPN Bet.
Apple is planning to move the button to hang up a call in new iPhone software
Apple’s iOS 17 will include one of the biggest revamps to the iPhone’s phone app in years.
New data shows Tesla could have a China problem, Bank of America says
The firm reiterated its neutral rating on shares, saying the sales drop may continue until a new lower-priced model is introduced in 2025 or 2026.
These stocks had the biggest earnings surprises because of A.I.
RBC Capital Markets is praising some companies that experienced the biggest profit surprises due to AI in the second-quarter earnings season.
Bitcoin rises from a two-week trading lull as Moody’s downgrade hits U.S. banking sector
Bitcoin rose in opposition with the market after the crypto failed to move more than 1% in either direction for 14 straight days.
