Minority owner Jeanie Buss of the Los Angeles Lakers and her husband, Jay Mohr, prior a first round NBA playoffs game between the Lakers and the Minnesota Timberwolves at Crypto.com Arena in Los Angeles, April 19, 2025. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images Los Angeles Lakers governor Jeanie Buss is…
The Paramount Pictures logo is displayed on a water tower in Los Angeles, California, on August 6, 2026. Michael Yanow | Nurphoto | Getty Images Paramount Skydance will seek to force the states holding up its merger with Warner Bros. Discovery to pay for the fees and costs associated with the delay, according to a…
Avishek Das | Lightrocket | Getty Images Synchrony Financial, the credit card issuer for brands including Amazon, Walmart and Lowe’s, is working with OpenAI to allow shoppers to buy products directly inside ChatGPT using their store cards. The deal is one of the first major moves by a U.S. consumer lender to bring financing, payments…
Ferrari’s first fully electric car, called Luce, in a handout image obtained by Reuters May 25, 2026, after the luxury sports car maker unveiled the model. Ferrari | Via Reuters A personalized model of Ferrari’s first fully electric vehicle has sold for $40 million in a charity sale, defying market skepticism and setting a record…
Rivian’s in-vehicle AI assistant launched in its vehicles on May 12, 2026. Michael Wayland / CNBC DETROIT — What’s the best advanced driver-assistance system on the market? Ask Rivian Automotive‘s new artificial intelligence and it will say its creator. “Rivian’s is truly exceptional … an unmatched blend of safety and technology,” the chatbot told me…
Americans are keeping their cars longer than ever before, with the average U.S. vehicle age rising to 12.8 years, according to Mobility Global. But some industry analysts and forecasters worry that highly complex software-defined vehicles will age more like smartphones. These vehicles rely on sophisticated computers and software to control many functions that were once…
No surprises on inflation and new financing developments in the artificial intelligence trade drove the record-breaking action on Wall Street last week. The S & P 500 and Nasdaq both dropped modestly Friday but managed to post their third straight winning weeks. The S & P 500 rose above 7,800 during Thursday’s session for the…
Thomas Fuller | Lightrocket | Getty Images Anthropic‘s revenue surged more than 14-fold in the second quarter from a year earlier, Bloomberg News reported Friday, underscoring the rapid growth of the Claude chatbot maker as it prepares for a potential blockbuster initial public offering. The AI company reported preliminary revenue of more than $11.5 billion…
Homes line the streets of a neighborhood in Thousand Oaks, California, May 23, 2026. Kevin Carter | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds,…
Lamborghini on Friday launched the Revuelto SV, a limited-edition hybrid version of its V12 Revuelto that’s the fastest and most powerful car ever built at its factory. The model is the latest in Lamborghini’s storied “SV” line, which began 55 years ago with the Miura SV and has showcased lighter, more aerodynamic and more powerful…
