Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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DraftKings CEO Jason Robins says parents should talk with kids about gambling addiction
DraftKings CEO Jason Robins said parents should talk with their children about gambling addiction, describing how he approaches the subject with his own family.
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Robinhood to rally on prediction markets and new offerings, Bernstein says
Robinhood Markets is poised to see considerable upside due to its deepening push into crypto and prediction markets, among other offerings, per Bernstein.
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Luxury round-the-world cruise ends abruptly as fuel costs skyrocket
Cruise operator Villa Vie Residences said it would disembark passengers and crew, and restructure its business due to soaring fuel costs.
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Fed meeting live updates: No hike expected, but all eyes on Warsh for what’s next
Markets are pricing in less than a 10% chance that the FOMC follows up its quarter–point hike in September with another increase.
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A Democratic win in midterms could put prediction markets and the CFTC in the hot seat
A Democratic House could increase scrutiny of prediction markets, the CFTC and the industry’s ties to the Trump family after the midterms.
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Google alters its cloud playbook, enlisting partners to sell more AI chips
Google is opening its TPU business beyond its own cloud as custom chips become a bigger engine for growth.
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Mortgage rates fell for the second straight week, but more borrowers still sought savings in riskier loans
Mortgage rates have fallen over the past two weeks, but demand is only slightly higher, and more borrowers are looking for savings in riskier loans.
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Investors brace for a hawkish hold and tech on tap
Earnings from Alphabet and Microsoft will give another pulse check on AI
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This hospice services stock is outperforming the S&P 500. Jefferies sees more gains ahead
The investment bank upgraded the medical and plumbing services stock to buy from hold.
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Musk’s PAC lawyer runs in Texas House district that is home to billionaire’s business interests
A chip factory being built by Elon Musk’s Tesla and SpaceX is in Texas’s 10th District, where his PAC’s former lawyer Chris Gober is the GOP U.S. House nominee.
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