Tag: Breaking News: Business
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Anthropic appoints former Fed Chair Ben Bernanke to its independent trust
Members of the trust advise Anthropic leadership and do not hold any equity in the company.
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Jim Cramer: ‘Costco’s in a funk’ but still a good name in a bad neighborhood
Costco’s moderating June comps growth reinforce that the stock’s premium valuation leaves little room for disappointment.
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OpenAI’s newest AI model is 54% more token efficient on agentic coding, Altman tells CNBC
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu OpenAI CEO Sam Altman told CNBC that it’s GPT-5.6 Sol model is 54% more token efficient on agentic coding tasks. The company
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June home sales disappoint as prices reach an all-time high
Home sales dropped in June month over month as mortgage rates remain stubbornly high. Prices hit an all-time high.
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PepsiCo earnings miss estimates as North American consumers tighten their budgets
PepsiCo reported weaker-than-expected quarterly earnings despite strong international demand.
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Levi Strauss beats quarterly expectations, raises guidance and dividend
Levi Strauss beat quarterly expectations on the top and bottom lines during its fiscal 2026 second quarter.
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SpaceX stock closes below debut price at $148 in two-day slide after Nasdaq 100 inclusion
SpaceX’s record IPO raised a total of $85.7 billion after underwriters exercised the “greenshoe” overallotment.
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Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation
The investor believes regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks of sportsbooks.
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Used EVs keep getting more expensive amid Iran war, high gas prices
The Manheim Used Vehicle Value Index for EVs — which tracks prices of used vehicles sold at its U.S. wholesale auctions — increased 12% compared to June 2025.
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Delta launches ‘basic business’ fares without lounge access, seat selection
Delta is launching basic business and other stripped-down premium classes that come with fewer perks.
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