Bitcoin price extends gains, briefly tops $81,000 as crypto rally gathers pace
Bitcoin briefly surged past $81,000 as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the recent crypto rally.
Porsche inks $1.5 billion deal for AI deployment with India’s largest IT services firm Tata Consultancy
Indian IT services giant TCS has secured a $1.5 billion contract to deploy AI for German sports carmaker Porsche.
Gold hovers near three-month high on dollar weakness, Treasury bond buyback plans
Gold prices fell Tuesday after rising to their highest in over three months.
CNBC Daily Open: Washington escalates on two fronts; Nvidia earnings in focus
Markets are bracing for more tests this week, including Nvidia’s earnings, an inflation reading, and the Fed’s Jackson Hole symposium.
CNBC’s The China Connection newsletter: Robots need help learning human skills. These AI companies are rushing to meet the demand
Humanoid robots still take a long time to complete human tasks. Several startups in China are trying different ways to collect and use training data better.
S&P 500 closes higher, Dow posts three-day win streak as Treasury yields retreat
Treasury yields fell for another day. Chip stocks also moved higher, with investors looking ahead to Nvidia’s earnings.
Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can’t clear it
An antitrust challenge by a group of state attorneys general has left Paramount CEO David Ellison hunting for avenues to get his deal for WBD done.
BlackBerry found a second life in car software. Now it’s looking to robotics
BlackBerry CEO John Giamatteo explains how its QNX car software helped reshape the company — and why it sees robotics as a major growth opportunity.
Trump admin unveils anti-Iran global sanctions plan, signals China not exempt
The Trump administration unveiled a plan to isolate Iran’s economy by threatening to impose secondary sanctions on the Islamic Republic’s “enablers.”
A massive trade just happened in gold. The options market is buzzing
Twenty minutes after the market opened Monday, someone sold almost 116,000 420-strike calls in the SPDR Gold Shares ETF (GLD) expiring Sept. 18.
