Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Powerball fever is spreading as the jackpot hits $1.8 billion — making it the second-largest prize in U.S. lottery history. The enthusiasm for the gargantuan pot is fueling business on Jackpocket, a lottery courier owned by DraftKings and available in 16 states. DraftKings said 15…
It’s finally Home Depot’s time to shine. “[Home Depot] is about to go higher. That’s what you buy right here, right now,” Jim Cramer said on CNBC’s “Squawk on the Street” on Friday morning. Jim’s commentary came after a weak August jobs report, which sent the 10-year treasury yield sliding to its weakest levels since April…
There is more than enough focus on Wall Street about what the Fed will do next, and Friday’s weak nonfarm payrolls report will add to expectations for a rate cut. But maybe there is not enough planning among investors about what they should do to preserve the hefty gains embedded in market portfolios since the…
Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares soared 15% on Friday after the chipmaker said on its earnings call that it had secured a new $10 billion customer. Analysts quickly pointed to OpenAI. Following a better-than-expected earnings report late Thursday, Broadcom CEO Hock Tan told analysts that…
An attendee holds a “Join Our Team” flyer during the Best Hire Chicago Career Fair in Chicago, Illinois, US, on Thursday, Aug. 7, 2025. Jim Vondruska | Bloomberg | Getty Images Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely…
Oliver Zipse, Chairman of the Board of Management of BMW, presents the BMW iX3 on stage at the world premiere before the start of the International Motor Show (IAA Mobility) as the first model in BMW’s “New Class”. Picture Alliance | Picture Alliance | Getty Images German auto giant BMW is doubling down on its…
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla is asking investors to approve yet another outsized pay plan for CEO Elon Musk, according to a financial filing out Friday. The proposed compensation plan for Musk, already the world’s wealthiest individual, consists…
Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Danish renewables giant Orsted on Friday received approval from shareholders for its emergency $9.4 billion rights issue, shortly after the crisis-stricken company issued a fresh profit warning. Orsted’s pitch…
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. CHONGQING, CHINA – MAY 06: In this photo illustration, the logo of Rocket Lab USA, Inc. is displayed on a smartphone screen. Cheng Xin | Getty Images News | Getty…
OpenAI CEO Sam Altman (L) attends a meeting of the White House Task Force on Artificial Intelligence Education in the East Room of the White House on September 04, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images OpenAI has announced it is developing an AI-centered jobs platform as part of…
