Homes line the streets of a neighborhood in Thousand Oaks, California, May 23, 2026. Kevin Carter | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds,
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Reddit shares rose 11% in extended trading on Thursday on the social media company’s inclusion in the S&P 500. The company will join the index on Aug 18, replacing AvalonBay Communities, according to a release from S&P Dow Jones Indices. Companies often see their stocks climb when they’re added to major indexes because fund managers
US President Donald Trump during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Monday, Aug. 10, 2026. Bonnie Cash | Bloomberg | Getty Images Two top Democratic lawmakers are pushing President Donald Trump for answers on the mountain of stock trades made in his name since
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks after the company’s initial public offering at the Nasdaq MarketSite in New York on May 14, 2026. Michael Nagle | Bloomberg | Getty Images Cerebras Systems raised its full-year guidance in the second earnings report following the chipmaker’s initial public offering in May. But the stock
(L to R) Jensen Huang, President and CEO of Nvidia Corporation, Google CEO Sundar Pichai and Mark Zuckerberg, CEO of Meta, arrive for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the US Capitol in Washington, D.C., on Sept. 13, 2023. Andrew Caballero-reynolds | Afp | Getty Images Last month, American tech giants came
Sen. Darline Graham, R-S.C., makes her way to a swearing in ceremony in the U.S. Capitol after she was sworn in on the Senate floor on Tuesday, July 14, 2026. Tom Williams | CQ-Eoll Call, Inc. | Getty Images Polls have begun closing in primary elections across the country, as voters in states such as
Eli Lilly has won its first approval to sell its weight-loss drug Foundayo in Europe, allowing it to compete with rival Novo Nordisk’s Wegovy pill in the U.K. It marks only the second GLP-1 weight-loss pill in the European market and comes just two months after Novo launched its Wegovy pill there. The U.K.’s Medicines
Trump Media & Technology Group on Monday reported a net loss of more than $238 million for its fiscal second quarter on revenue of less than $2 million. That loss, which dwarfed the almost $20 million it lost in the same period last year, was primarily due to declines in non-cash assets, including more than
A group of House Democrats is calling for the leaders of OpenAI, Anthropic and other major AI companies to testify before Congress following a spate of hacking incidents that the lawmakers say “have serious implications for Americans’ safety and security.” “Unfortunately, Congress has so far completely failed to respond to the threats posed by AI
Rep. Max Miller (R-OH) leaves a House Republican Caucus meeting on Capitol Hill on Nov. 19, 2024, in Washington, D.C. Andrew Harnik | Getty Images Republican Rep. Max Miller of Ohio will remain in his reelection race, after a key deadline passed for the GOP to replace him as its nominee, despite mounting calls from
Hirun | Istock | Getty Images Over the past two weeks, OpenAI, Anthropic and Meta all revealed that their AI models went rogue during routine security testing. In explaining what happened, the companies each mentioned the same small Israeli startup: Irregular. Founded three years ago and based in Tel Aviv, Irregular is a niche player
A pedestrian walks by a Verizon store on Nov. 13, 2025 in San Francisco, California. Justin Sullivan | Getty Images Service was down for several hours Saturday afternoon for thousands of Verizon customers in the U.S. The outages began around 3:30 p.m. ET, with Verizon receiving the highest number of complaints at more than 13,000
This picture shows ships sailing near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan on July 13, 2026. AFP | Getty Images Abu Dhabi’s National Oil Company (ADNOC) said one of its vessels was targeted by a missile while transiting the Strait of Hormuz in the early
Ukraine’s President Volodymyr Zelenskyy meets with U.S. Senator Lindsey Graham (R-SC), amid Russia’s attack on Ukraine, in Kyiv, Ukraine May 30, 2025. Ukrainian Presidential Press Ser | Via Reuters Read more CNBC politics and policy coverage The bill would impose tariffs of up to 100% on countries that are within the top five purchasers of
The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of Labor Statistics reported Friday in a snapshot that showed a slowing employment picture. Nonfarm payrolls fell by a seasonally adjusted 23,000 for the month, compared with a downwardly revised 20,000 for June. The Dow Jones
Iranian Parliament Speaker Mohammad Bagher Ghalibaf speaks at a press conference in Tehran, Iran, Dec. 2, 2025. Shadati | Xinhua News Agency | Getty Images Iran’s chief negotiator has accused U.S. President Donald Trump of staging “theater diplomacy,” as Washington and Tehran offer conflicting accounts of bilateral engagement aimed at ending their months-long hostilities. “‘Massive
A general view of logo and signage for a Burger King, Home of the Whopper on January 29, 2026 in London, United Kingdom. John Keeble | Getty Images Restaurant Brands International on Thursday reported quarterly earnings that topped analysts’ expectations, fueled by strong growth for the once-struggling Burger King, both domestically and abroad. “Burger King’s performance is
The Etsy Inc. headquarters in the Brooklyn borough of New York, US, on Tuesday, June 25, 2024. Victor J. Blue | Bloomberg | Getty Images Etsy said Wednesday it’s laying off about 220 employees, or roughly 12% of its workforce, as the online marketplace looks to simplify its organizational structure and innovate faster in an
President Donald Trump‘s mass deportation campaign has caused the costs of groceries, homes and healthcare to rise and local economies to contract, a new report from the pro-immigration advocacy group America’s Voice. The group deems those added costs the “ICE Tax” — a reference to U.S. Immigration and Customs Enforcement — and on Wednesday released
The SpaceX headquarters is seen on Monday, Aug. 3, 2026 in Hawthorne, CA. Eric Thayer | Los Angeles Times | Getty Images After SpaceX spent way more on its AI buildout than analysts expected, executives tried to convince investors on Tuesday that it’s all worthwhile, claiming that the company is making its money back within
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