Wall Street rebounds, earnings and inflation data on deck

Wall Street rebounds, earnings and inflation data on deck

Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Prequels, sequels and pixie dust

Prequels, sequels and pixie dust

Traders work on the floor of the New York Stock Exchange during morning trading on Oct. 4, 2023. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

Microsoft’s $13 billion artificial intelligence bet

Microsoft’s  billion artificial intelligence bet

OpenAI, the company behind the ChatGPT chatbot, was founded in 2015 by a number of researchers, academics and entrepreneurs, including Sam Altman, Greg Brockman and Elon Musk. Altman and Brockman are still at OpenAI, serving as CEO and president, respectively. Musk departed in 2018. At the time, OpenAI said Musk left to avoid a conflict … Read more

Trump Media reports $16 million loss for quarter as revenue falls

Trump Media reports  million loss for quarter as revenue falls

This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022. Stefani Reynolds | AFP | Getty Images Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a … Read more

Maduro orders 10-day ban on X in Venezuela after feud with Elon Musk

Maduro orders 10-day ban on X in Venezuela after feud with Elon Musk

Venezuela’s President Nicolas Maduro addresses the media during an event to sign an agreement to recognize the electoral results of the presidential elections of July 28, at the National Electoral Council, in Caracas, Venezuela, June 20, 2024.  Miraflores Palace | Via Reuters Contested Venezuelan President Nicolas Maduro ordered a 10-day ban on social networking platform … Read more

E.l.f. Beauty (ELF) earnings Q1 2025

E.l.f. Beauty (ELF) earnings Q1 2025

E.l.f. Beauty‘s growth story is still going. The cosmetics retailer on Thursday blew past quarterly estimates again, posting a 50% gain in sales.  The company’s sales soared to $324.5 million in its fiscal first quarter, leading it to raise its full-year guidance. That increase follows a staggering 76% jump in the year-ago quarter. CEO Tarang Amin … Read more

Ad group suspends GARM after of X, Elon Musk’s antitrust lawsuit

Ad group suspends GARM after of X, Elon Musk’s antitrust lawsuit

Elon Musk attends the “Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk” session during the Cannes Lions International Festival Of Creativity 2024 – Day Three in Cannes, France, on June 19, 2024. Marc Piasecki | Getty Images A global advertising group has suspended the operations of a unit focused on … Read more

Palantir jumps on Microsoft partnership to sell AI to U.S. defense

Palantir jumps on Microsoft partnership to sell AI to U.S. defense

Alex Karp, chief executive officer of Palantir Technologies Inc., walks to the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Wednesday, July 10, 2024.  David Paul Morris | Bloomberg | Getty Images Palantir shares climbed about 6% on Thursday morning after the company announced a partnership … Read more

Organizers cancel Taylor Swift concerts in Vienna over fears of an attack

Organizers cancel Taylor Swift concerts in Vienna over fears of an attack

VIENNA — Organizers of three Taylor Swift concerts in Vienna this week called them off on Wednesday after officials announced arrests over an apparent plot to launch an attack on an event in the Vienna area such as the concerts. Swift was scheduled to play at the Austrian capital’s Ernst Happel Stadium on Thursday, Friday … Read more

X Is Boosting the Far Right’s UK Riots as Telegram Scrambles for Control

X Is Boosting the Far Right’s UK Riots as Telegram Scrambles for Control

As asylum centers are boarding up ahead of another predicted day of violent protests across the UK on Wednesday, X owner Elon Musk has stoked tensions by labeling UK prime minister Keir Starmer “#TwoTierKier” and spreading a far-right conspiracy theory that claims white rioters are being dealt with more severely than minorities by police. For … Read more