Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs
Paramount agreed to pay a Netflix termination fee, but the cost lives on WBD's books until the close of the deal.
Kraft Heinz CEO reveals the company's biggest growth opportunities
Kraft Heinz CEO Steve Cahillane said the company's biggest growth opportunity is reinvesting behind its legacy brands.
Inside India newsletter: Social media is reshaping the world's fastest-growing market for global brands
Social media influencers are urging consumers to read labels and pushing traditional companies to make healthier products or risk being replaced by ne...
Japan's Nikkei 225 tops 61,000 for the first time as Asia markets look past Trump's Iran threats
Asia-Pacific markets jumped, shrugging off renewed tensions in the Middle East.
In 'Musk v Altman', this judge will make the final call
The feud has fuelled a costly showdown between two tech titans.
Asia-Pacific markets set to climb as traders weigh Trump's Iran threats against peace hopes
Asia-Pacific markets were set to climb, shrugging off renewed tensions in the Middle East.
Jim Cramer says Big Tech cannot afford to be cheap on AI spending
Cloud computing giants cannot afford to pinch pennies on the artificial intelligence buildout, CNBC's Jim Cramer argued Wednesday.
Snap issues cautious guidance as Perplexity deal ends, Middle East 'geopolitical situation' causes uncertainty
Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the generative AI startup Perpl...
DoorDash pops 12% on strong earnings, upbeat order growth guidance
DoorDash is in the middle of a massive spending initiative as it builds out a new tech platform following a string of acquisitions.
Will Elon Musk win his lawsuit against Sam Altman's OpenAI? Here's what prediction markets think
Trading activity on Elon Musk's suit against OpenAI is the second highest out of all prediction market contracts related to the billionaire.
Disney pops 7% after streaming, parks drive revenue beat in first report under CEO Josh D'Amaro
Disney revenue topped analyst expectations when the media giant reported its fiscal second-quarter earnings on Wednesday.
Trump says Iran will be bombed at a 'much higher level' if it doesn't agree to peace deal
Stocks rose and oil prices plunged on news reports signaling the U.S. and Iran could soon strike an agreement to end the war.
DoorDash pops 12% on strong earnings, upbeat order guidance
DoorDash is in the middle of a massive spending initiative as it builds out a new tech platform following a string of acquisitions.
FanDuel CEO Amy Howe is out after five years at the sportsbook
Howe has overseen FanDuel during a time of dramatic expansion in sports gambling and as prediction markets have exploded in popularity.
DoorDash pops 14% on strong earnings, upbeat order guidance
DoorDash is in the middle of a massive spending initiative as it builds out a new tech platform following a string of acquisitions.
Apollo CEO Rowan warns of market correction, slams 'egregious' practices at rival insurers
Apollo CEO Marc Rowan warned that markets face an elevated risk of unexpected shocks, saying he is positioning the firm defensively for an expected co...
AMD's Su explains what's behind massive forecast change as stock roars 15% on earnings
CEO Lisa Su highlighted the growing demand for central processing units, doubling her long-term forecast after strong first-quarter earnings.
Nvidia to invest up to $3.2 billion in Corning as part of massive optical fiber deal with 3 new factories focused on AI
Corning is opening three new advanced manufacturing plants in the U.S. dedicated entirely to optical technologies for Nvidia.
Former OpenAI board member says Elon Musk offered her sperm donations
Shivon Zilis is the mother of four of Musk's children. That relationship began as she advised OpenAI.
Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging
Uber and Disney pointed to a resilient spending backdrop, with consumers continuing to shell out for rides, food delivery, vacations and theme park tr...