14 earnings, jobs and the Fed are what we’re watching in the market

14 earnings, jobs and the Fed are what we’re watching in the market

It was another tough week for the S & P 500 and Nasdaq despite Friday’s rally, which helped blunt some of the pain. The Dow and small-cap Russell 2000 were again the big winners as the rotation from market darlings to down-and-out names due for a catch-up trade continued. By sector, in this wild trading … Read more

Donald Trump headlines Bitcoin 2024, after a U-turn on crypto

Donald Trump headlines Bitcoin 2024, after a U-turn on crypto

Republican presidential nominee and former U.S. President Donald Trump walks off stage after speaking at a campaign rally at the Van Andel Arena in Grand Rapids, Michigan, on July 20, 2024. Anna Moneymaker | Getty Images NASHVILLE — Former president Donald Trump headlines the biggest bitcoin conference of the year on Saturday afternoon, as the race to capture the votes and the … Read more

Food delivery fees are rising, and everyone’s feeling the pinch

Food delivery fees are rising, and everyone’s feeling the pinch

A food delivery messenger is seen in Manhattan.  Luiz C. Ribeiro | New York Daily News | Tribune News Service | Getty Images Food from the restaurant of your choosing, delivered right to your door — at what cost? Third-party food delivery is becoming the norm for American consumers, as delivery apps like Grubhub, DoorDash … Read more

Crypto firm Ledger hikes price of Stax crypto wallet, launches Flex

Crypto firm Ledger hikes price of Stax crypto wallet, launches Flex

The Ledger Flex is a new, cheaper hardware crypto wallet from French startup Ledger. It sports an E-ink display and can be used to secure a range of crypto assets. The device is retailing at $249. Ledger Cryptocurrency storage company Ledger is raising the price of its iPod-like Stax hardware wallet by 40% — just three … Read more

WNBA, media partners to reevaluate cost of rights after 2028 season

WNBA, media partners to reevaluate cost of rights after 2028 season

Connecticut Sun forward Brionna Jones (left) and Los Angeles Sparks forward Cameron Brink (22) fight for ball possession during a WNBA game between the Sparks and the Sun on June 18, 2024, at Mohegan Sun Arena in Uncasville, CT. Anthony Nesmith | Icon Sportswire | Getty Images The WNBA’s new media rights deal includes a … Read more

Warner Bros. Discovery sues NBA over Amazon media rights

Warner Bros. Discovery sues NBA over Amazon media rights

Adam Silver at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. David Grogan | CNBC Warner Bros. Discovery sued the National Basketball Association on Friday as it tries to maintain broadcast rights for a package of live games. “Given the NBA’s unjustified rejection of our matching of a third-party … Read more

Why deregulation may not unlock media deals for WBD, others

Why deregulation may not unlock media deals for WBD, others

David Zaslav at the Allen & Company Sun Valley Conference on July 9, 2024 in Sun Valley, Idaho. David Grogan | CNBC Comcast Chief Executive Officer Brian Roberts had a not-so-subtle message this week for Warner Bros. Discovery CEO David Zaslav: If you’re selling, I’m not buying. “Instead of engaging in a process to buy content … Read more

GE HealthCare taps Amazon Web Services to build generative AI for medical use

GE HealthCare taps Amazon Web Services to build generative AI for medical use

Jakub Porzycki | Nurphoto | Getty Images GE HealthCare on Thursday announced it is teaming up with Amazon Web Services to build new generative artificial intelligence models and tools that can efficiently analyze complex medical data. The health-care industry is responsible for generating nearly one-third of all data globally, but much of this information isn’t … Read more

Tech’s splurge on AI chips has Meta, Alphabet, Tesla in ‘arms race’

Tech’s splurge on AI chips has Meta, Alphabet, Tesla in ‘arms race’

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Meta CEO Mark Zuckerberg has been assembling a large stockpile of Nvidia chips, spending billions of dollars so his company can develop and train advanced … Read more

NBA picks Amazon for media rights over Warner Bros. Discovery

NBA picks Amazon for media rights over Warner Bros. Discovery

Luka Doncic #77 of the Dallas Mavericks shoots the ball against the Boston Celtics during Game 5 of the 2024 NBA Finals on June 17, 2024 at the TD Garden in Boston. Nathaniel S. Butler | National Basketball Association | Getty Images The National Basketball Association has told Warner Bros. Discovery it doesn’t intend to … Read more