A vessel is anchored off the coast of Sharjah in the United Arab Emirates on Aug. 3, 2026. AFP | Getty Images Oil rose Friday amid worries over supply disruptions after Iran published a restrictive draft plan for the Strait of Hormuz. Futures for international benchmark Brent crude for October delivery gained 1.25% to $83.52 a…
Meta CEO Mark Zuckerberg has repositioned the social media giant as an AI company. Vincent Feuray | AFP | Getty Images Tensions are high between Meta Platforms and Indian regulators after the company came under fire in the country twice in short succession. The tech behemoth briefly restricted a Facebook post by Prime Minister Narendra…
SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean Shipping Company), Maersk, and Hamburg Süd branding at Yantian Port on May 1, 2026, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images China’s exports rose more than expected in…
Iranian Parliament Speaker Mohammad Bagher Ghalibaf speaks at a press conference in Tehran, Iran, Dec. 2, 2025. Shadati | Xinhua News Agency | Getty Images Iran’s chief negotiator has accused U.S. President Donald Trump of staging “theater diplomacy,” as Washington and Tehran offer conflicting accounts of bilateral engagement aimed at ending the months-long hostilities. “‘Massive…
Meta was ordered to pay $567 million into an abatement fund in New Mexico as part of a public nuisance case that’s just one of many suits the company faces related to alleged harms caused by its apps. The fund comes on top of the $375 million in civil penalties that Meta was forced to…
Toddler girl looking at and holding a small stack of banknotes while with her other hand holding a credit card. Images By Tang Ming Tung | Moment | Getty Images South Korean parents are ramping up efforts to give their children a head start in building long-term wealth by opening investment accounts even before they…
Grindr CEO George Arison in New York, June 4, 2026. Emma Rose Milligan | Bloomberg | Getty Images Grindr is betting that artificial intelligence can do more than just improve the dating app experience. It believes AI can simultaneously create a new premium subscription business while also dramatically changing how quickly its engineers build software….
An AMD employee installs a the first Helios rack-scale AI system in a data center lab in Rockdale, Texas, on June 24, 2026. Helios comes in four customizable configurations, and this is the one Meta will deploy later this year. Andrew Evers | CNBC Advanced Micro Devices is counting on its graphics processing units to…
Pedestrians pass by a Sweetgreen restaurant on Aug. 4, 2026 in San Francisco, California. Heather Diehl | Getty Images Sweetgreen on Thursday cut its full-year outlook and is now projecting steeper same-store sales declines due to diner fears of eating fresh produce during the ongoing cyclospora outbreak. Shares of the salad chain fell more than…
Jakub Porzycki | Nurphoto | Getty Images Shares of adtech giant AppLovin tanked 17% on Thursday following a second-quarter revenue miss. Here’s how the company performed compared with Wall Street’s expectations, according to LSEG estimates: Earnings per share: $3.76 vs. $3.76 expected Revenue: $1.92 billion vs. $1.94 billion expected In the earnings call Wednesday, CEO…
