Caitlin Clark of the Indiana Fever dribbles down the court against Cotie McMahon of the Washington Mystics during the first half at CareFirst Arena on June 8, 2026, in Washington. Jess Rapfogel | Getty Images The WNBA is expanding its footprint to CNBC. CNBC-parent Versant announced Wednesday that the business news network will simulcast 11…
CNBC’s Jim Cramer said Tuesday that investors flocking to SpaceX are betting on Elon Musk’s ability to create transformative businesses — not the company’s current earnings power. “The stock is called SpaceX, but it might as well be called Elon Musk,” the “Mad Money” host said. SpaceX has quickly become one of the world’s most…
Stock Chart IconStock chart icon Cava’s year-to-date stock performance. CAVA: “Yes, you want to buy Cava. I think it’s the best of the new concepts. I think there’s something there for everybody. There really is. It’s tasty, clean, fun.” Stock Chart IconStock chart icon Immunitybio’s year-to-date stock performance. Immunitybio: “I will tell you, that’s going…
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC After growing to become one of the largest used car retailers in the U.S., Carvana is expanding into the new vehicle market. The company has quietly purchased seven new vehicle franchises since last year that primarily sell Stellantis‘ Chrysler, Dodge, Jeep…
A sign hangs above the front of a Pizza Hut restaurant on Feb. 9, 2026 in Chicago, Illinois. Scott Olson | Getty Images Yum Brands on Tuesday announced it is selling Pizza Hut to private equity firm LongRange Capital for roughly $1.5 billion. The deal excludes the pizza chain’s locations in mainland China; Yum China…
Public markets are beginning to reopen for biotech companies after several years of muted activity. But the strongest companies may still be more likely to sell themselves to Big Pharma rather than testing investor appetite in an IPO, according to JPMorgan’s top healthcare dealmakers. The IPO window has reopened for high-quality biotech companies, but investors…
Sheldon Cooper | Lightrocket | Getty Images Centene said it offered buyouts to some employees on Monday, as the health insurer grapples with higher medical costs, funding cuts and membership declines. “Centene is positioning the company to lead the future of healthcare — working to deliver a simpler and better experience for our members and…
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of media outside a restaurant in the Hongdae district of Seoul, South Korea, on Friday, June 5, 2026. SeongJoon Cho | Bloomberg | Getty Images Nvidia is aiming to raise at least $20 billion in debt, according to sources with knowledge of the matter,…
The electronic news ticker of Fox News reads headlines at the News Corp. Building in the Midtown Manhattan area of New York City, U.S., July 20, 2025. Eduardo Munoz | Reuters Fox Corp. has reached an agreement to acquire Roku for roughly $22 billion, marking another chapter in media consolidation as the industry grapples with…
Charlie Javice leaves Manhattan federal court after being sentenced to 85 months in prison for defrauding JPMorgan Chase & Co., in New York City, U.S., Sept. 29, 2025. Jeenah Moon | Reuters Charlie Javice, who was convicted of defrauding JPMorgan Chase after selling her company, is seeking a pardon from the Trump administration, The Wall…
