Epic Games is eliminating 16% of its workforce and selling Bandcamp
Epic Games said on Thursday that it’s laying off 16% of its workforce and is selling Bandcamp, which it acquired last year.
Eutelsat and OneWeb combine to create European satellite giant as Musk’s Starlink pressures sector
As competition in the multibillion-dollar space industry heats up, the U.K.’s OneWeb and France’s Eutelsat have combined.
S&P 500 rises slightly on Thursday, but is still on pace for its worst month of the year: Live updates
Wall Street tried to regain some of this month’s steep losses and traders kept an eye on Treasury yields.
Delivering Alpha recap: Bill Ackman on bonds and the biggest market calls from the annual CNBC investor summit
CNBC’s Delivering Alpha: Market-moving news from top Wall Street stock and bond managers, tech and real estate investors, and hedge fund icon Bill Ackman.
How surging trade with China is boosting Russia’s war
Russian customs data filed as recently as August 2023 point to the continued supply of battlefield equipment, including drones, helmets, vests and radios, from China, new analysis by CNBC shows.
Saudi soccer league says big-money player purchases are only the first step in a long-term strategy
The big-spending Saudi Pro League is aiming to build its global broadcasting presence and become one of the top 10 soccer leagues in the world, its chief operating officer, Carlo Nohra, told CNBC.
Here are Thursday’s biggest analyst calls: Meta, Apple, Amazon, GE, Sunrun, Micron, Microsoft & more
Here are the biggest calls on Wall Street on Thursday.
Crude prices fall, pulling back from highest levels in more than a year
Oil prices fell after surging to their highest in over a year.
China’s chip equipment firms see revenue surge as Beijing seeks semiconductor self-reliance
China has looked to boost its domestic semiconductor industry, as it targets self-reliance and to wean itself off of foreign semiconductor firms.
Schott Pharma shares climb in Frankfurt debut
The German pharmaceutical company debuted on the Frankfurt stock exchange Thursday at 30 euros per share.
