LeBron James signs Fanatics deal, leaves Upper Deck

LeBron James signs Fanatics deal, leaves Upper Deck

LeBron James signs with Fanatics Collectibles in a trading card deal, leaving Upper Deck after 20 years. Courtesy: Fanatics LeBron James is moving his trading card sponsorship to Fanatics Collectibles after more than 20 years with rival Upper Deck. Fanatics will kick off the deal by selling a unique Bowman brand card featuring a dual … Read more

Here’s what happens when it starts trading

Here’s what happens when it starts trading

Crypto investors are waiting for the Securities and Exchange Commission to approve a raft of spot bitcoin applications, likely Wednesday With a spot bitcoin ETF now looking very real, attention is turning to the details of how it will trade, how much it will cost, how much of the runup in bitcoin is due to … Read more

What Wall Street wants to see from Hollywood in 2024

What Wall Street wants to see from Hollywood in 2024

Picture Alliance | Picture Alliance | Getty Images It’s the third act of the streaming wars. That’s the time a hero, seemingly beaten and broken, rises up and saves the day. But Wall Street is worried that hero may never come for Hollywood. Legacy media companies including Disney, Warner Bros. Discovery, Comcast and Paramount Global … Read more

Saudi Arabia nearly doubles estimate for the value of its mineral resources

Saudi Arabia nearly doubles estimate for the value of its mineral resources

Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during its Future Minerals Forum held in Riyadh this week, ministers told CNBC. Estimates for the kingdom’s untapped mineral reserves have jumped from $1.3 trillion in a 2016 forecast to $2.5 trillion, according to Saudi Mineral Resources … Read more

Ecuador president declares war on armed gangs after TV station attack

Ecuador president declares war on armed gangs after TV station attack

Ecuadorean security forces patrol the area around the main square and presidential palace after Ecuadorean President Daniel Noboa declared the country in a state of “internal armed conflict” and ordered the army to carry out military operations against the country’s powerful drug gangs, in downtown Quito on January 9, 2024. Rodrigo Buendia | Afp | … Read more

YouTube launches First Aid Information Shelves to help in emergencies

YouTube launches First Aid Information Shelves to help in emergencies

People walk past a billboard advertisement for YouTube in Berlin, Germany, on Sept. 27, 2019. Sean Gallup | Getty Images YouTube is taking steps to fight against medical misinformation, especially when it comes to finding immediate tips on how to handle an emergency. The company on Wednesday introduced a feature called First Aid Information Shelves, … Read more

Market likes AI technology for advertising, not health care

Market likes AI technology for advertising, not health care

CNBC’s Jim Cramer on Tuesday shared what he learned from his two days at JPMorgan‘s health-care conference. He marveled at the myriad of uses for generative artificial intelligence in health care, but concluded that Wall Street is more concerned with using that new technology for advertising. Cramer told investors that “Magnificent Seven” members Amazon and … Read more

AI election disruption poses the biggest global risk in 2024

AI election disruption poses the biggest global risk in 2024

Alfieri | Digitalvision Vectors | Getty Images As around half of the world’s adult population heads to the polls in a bumper year of elections, concern over the role of artificial intelligence in disrupting outcomes has topped the list of the biggest risks for 2024, according to a new report. The World Economic Forum’s “Global … Read more

Global fintech investment plunges 51% in 2023 but UAE defies slowdown

Global fintech investment plunges 51% in 2023 but UAE defies slowdown

Europe’s fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks. Oscar Wong | Moment | Getty Images The fintech industry saw more pain in 2023, with overall investment falling by half as higher interest rates and worsening macroeconomic conditions caused investors to … Read more

An unpleasant surprise for crypto bros

An unpleasant surprise for crypto bros

Omar Marques | Lightrocket | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Bitcoin slides after … Read more