Disney shares rise on plans to hike streaming service prices. How the pros are playing it
Pros on CNBC discussed Disney after the company’s fiscal third-quarter earnings call laid out plans to hike prices on their streaming platforms.
Tech investors face ‘new era’ of China restrictions after Biden order limits funding in A.I., chips
Following President Biden’s executive order to limit tech investments in China, venture capitalists will have even less exposure to the world’s No. 2 economy.
A buying opportunity has emerged in this A.I. darling, two top analysts say
Investors may want to consider snatching up shares of this artificial intelligence darling, according to some Wall Street analysts.
Record hot ocean temps could turbocharge the hurricane season, says NOAA
There’s a 60% chance this year will have above-normal hurricane activity, according to the agency.
Americans held in Iran placed under house arrest as part of a planned prisoner swap
It’s part of a planned exchange between that will include the release of roughly $6 billion in Iranian government assets blocked under sanctions.
Stop searching for ‘the next Warren Buffett’ — The ‘Oracle of Omaha’ is impossible to copy
Buffett took control of Berkshire in 1965 — and the conglomerate is now more successful than ever.
Virgin Galactic launches first tourist flight to space
Virgin Galactic flew its second commercial spaceflight Thursday, its first carrying private-paying tourists.
Why insider trading is so difficult to stop
Insider trading cases are difficult to prove because of the legal gray area and the high threshold for proof regarding proof of intent.
X CEO Linda Yaccarino explains reason for getting rid of Twitter name
X CEO Linda Yaccarino explained to CNBC on Thursday why the company decided to get rid of its Twitter branding.
SMIC posted a drop in second-quarter revenue on persisting weak chip demand
SMIC posted a drop in second-quarter revenue amid ongoing U.S. sanctions and a sluggish recovery in global chip demand.
