Iranian crude oil exports have plunged in August as the U.S. relies on economic pressure through its naval blockade, rather than military strikes, to coerce Tehran into a deal to fully reopen the Strait of Hormuz. Tehran has loaded about 260,000 barrels per day for export at its ports so far this month, a decline…
An aerial view of Marvell Headquarters in Santa Clara, California, United States on June 2, 2026. Tayfun Coskun | Anadolu | Getty Images Marvell Technology shares fell 6% on Friday despite a second-quarter revenue beat, as its raised fiscal 2028 outlook failed to meet investors’ elevated expectations. The chipmaker said Thursday that it now expects…
Salesforce CEO Marc Benioff appears at the 2023 Dreamforce conference in San Francisco on Sept. 12, 2023. Marlena Sloss | Bloomberg | Getty Images For the better part of a year, Salesforce CEO Marc Benioff has been hearing that his company could get wiped out by AI. He’s scoffed anytime someone has asked him about…
GTA VI website displayed on a screen and PlayStation DualSense controller are seen in this illustration photo taken in Krakow, Poland on July 1, 2026. Nurphoto | Nurphoto | Getty Images Streaming platforms struggled to handle huge demand for the first official preview of the upcoming “Grand Theft Auto 6” on Thursday, sending shares of…
When I interviewed Dolly Parton in 2015, the woman famous for her relentless optimism surprised me by talking candidly about a period when she had struggled with depression. “I was having some personal problems and beginning to feel a little guilty about my success,” the trailblazing singer-songwriter told me during a conversation at her beloved…
Meta CEO Mark Zuckerberg leaves the federal courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial, Feb. 19, 2026. Jon Putman | Anadolu | Getty Images Meta‘s watershed social media trial just wrapped up in California, but now attention is shifting to the wider industry with TikTok, YouTube…
Sports betting has become fairly ubiquitous in the U.S. since the Supreme Court lifted a federal ban on the practice in 2018. More than a quarter (27%) of Americans and over half (52%) of men aged 18 to 49 say they have an active online sportsbook account, according to a Siena Poll from February. Many…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The stock market is failing to hold onto its morning gains, as Wall Street digests Federal Reserve Chairman Kevin Warsh’s speech at the annual Jackson Hole…
Tanya Reynolds, Jason Sudeikis and Brendan Hunt in “Ted Lasso,” now streaming on Apple TV. Courtesy: Apple TV Apple on Friday increased the monthly price of Apple TV, its streaming service, to $14.99, or $119 per year. It was previously $12.99 per month, or $99 per year. Apple TV is included in Apple One, a…
If Federal Reserve chair Kevin Warsh wanted to put the bond market on alert, he certainly got his wish Friday: odds of an interest-rate hike by the central bank in its September meeting jumped to nearly 60 percent after Warsh’s speech in Jackson Hole, compared to just 35 percent on Thursday, according to Fed funds…
