Berkshire Hathaway CEO Greg Abel holds a U.S. flag at a naturalization ceremony hosted by the Iowa Cubs in Des Moines on June 25, 2026. Iowa Cubs/Michael Hill Berkshire Hathaway sharply increased its stake in Alphabet in the second quarter, vaulting the Google parent into its three biggest stock holdings. The sprawling conglomerate also added…
Elon Musk, chief executive officer of Tesla Inc., left, and Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Nvidia disclosed on Friday that its stake in Elon Musk’s SpaceX was…
Zach Witkoff, co-founder and CEO of World Liberty Financial and chairman of Alt5 Sigma Corp., right, and Eric Trump at the Nasdaq MarketSite in New York, Aug. 13, 2025. Adam Gray | Bloomberg | Getty Images A federal financial regulator has conditionally approved an application for a bank charter by an entity connected to World…
Wall Street’s largest banks are riding a lucrative new wave — bankrolling the AI gold rush. Goldman Sachs was a key facilitator in this week’s artificial intelligence funding announcements from both Nvidia and Intel . These are just two of several recent high-profile wins, providing a financial windfall for the venerable investment bank. All three of…
The Commodity Futures Trading Commission is conducting an internal review into “mention markets” on prediction platforms, people familiar with the situation told CNBC Friday. Mention markets are made up of contracts where traders speculate on whether specific words will be used in a speech, a corporate earnings call with analysts and investors or a television…
When OpenAI hired Denise Dresser from Slack to be its chief revenue officer in December, Fidji Simo, a top-ranking executive, said in a blog post that Dresser’s “experience will help us make AI useful, reliable, and accessible for businesses everywhere.” Four months later, Dresser took on added responsibilities when operating chief Brad Lightcap left that…
Luigi Mangione pleaded guilty Friday in New York federal court to stalking that led to him killing UnitedHealthcare CEO Brian Thompson on a midtown Manhattan street in December 2024. Mangione’s lawyers immediately afterward filed a motion in New York state court saying that charges of murder and other counts in that court for Thompson’s slaying…
Jeff Bezos attends the Viva Technology show at Parc des Expositions on June 17, 2026 in Paris, France. Chesnot | Getty Images Entertainment | Getty Images A group that includes Jeff Bezos has struck a deal with Fenway Sports Group to become minority owners in Liverpool Football Club, FSG said Friday. The deal is the…
Josh D’Amaro, chairman of Disney Experiences, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed land on December 19, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Disney CEO Josh D’Amaro told CNBC’s Julia Boorstin on Friday that the company’s parks division marked a “big surprise” last quarter and…
My top 10 things to watch Friday, Aug. 14 — Club portfolio director Jeff Marks wrote today’s newsletter. 1. Stocks are headed for a mixed open following Thursday’s record S & P 500 close. Oil is slightly higher after Treasury Secretary Scott Bessent said in an interview with Newsmax that the U.S. is preparing economic…
