Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Megayacht Amadea sold for $187 million to Dubai billionaire with Trump ties
The sale of the Amadea caps a turbulent and controversial history for the 348-foot yacht, which was seized from a sanctioned Russian oligarch.
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SpaceX stock could face further pressure as first batch of shares unlock since IPO
With the first tranche of SpaceX shares held by insiders unlocking, the stock could see downward pressure.
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Shaquille O’Neal says WNBA players’ treatment of Caitlin Clark is a rite of passage
Harsh fouls against Clark and WNBA officiating have fueled a national debate, with some lawmakers demanding accountability from the league.
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Stocks making the biggest moves premarket: Zillow, Peloton, Sandisk, Moderna & more
These are the stocks posting the largest moves in the premarket.
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Warner Bros. Discovery reports 10% jump in streaming revenue ahead of proposed Paramount combination
Warner Bros. Discovery’s streaming segment surpassed $3 million in revenue for the second quarter, marking a 10% increase from the year prior
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EU urges Caribbean nations to shut down golden passport programs or face travel restrictions
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu In late June, the European Union formally requested that five Caribbean nations shut down their citizenship-by-investment programs by 2028 or
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Peloton posts first ever annual net profit, but shares drop as outlook disappoints
Peloton delivered its first ever annual profit in fiscal 2026 but it’s still working to generate sales growth as consumers pull back on big ticket purchases.
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Versant raises 2026 outlook on strength of platforms segment and advertising momentum
Versant noted revenue growth in its platforms business, which includes Fandango and GolfNow, and now, the recent acquisition of Full Swing.
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Gold price hits highest level since June on weak payrolls data and Hormuz deal hopes
Spot gold rose as high as $4,295 per ounce before paring gains to $4,268 per ounce on Thursday. Gold futures were seen trading at $4,329 per ounce.
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World’s biggest spirits maker pops 6% on $1 billion cost-cutting plan
Diageo, whose brands include Johnnie Walker scotch whisky, Captain Morgan rum and Guinness stout, said costs relating to the savings program will amount to $1.2 billion.
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