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Category Archives: Uncategorized

Space stocks saw big gains this week in part due to ‘Trump-Elon trade’ rally, analysts say

Several pure-play space stocks rallied 20% or more this week, in part driven by what sector analysts say is a “Trump-Elon trade.”

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Disney is turning record parks profits — even before its big expansions

Disney is breaking ground on new additions and updates to its theme parks, but it will be several years before they become available to the […]

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U.S. companies could be caught in the crosshairs if China retaliates to fight Trump

China’s retaliation tactics could range from economic changes to matters of diplomacy and security.

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Hyundai names North American exec Jose Munoz as CEO, effective Jan. 1

Hyundai Motor Co. on Thursday named Jose Munoz as the next president and CEO of the South Korean automaker, effective Jan. 1.

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Why Home Depot made an $18.25 billion bet on the pro business

The retailer’s acquisition is boosting the business as home improvement demand remains slow.

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SpaceX president says ‘there is plenty of room for competition,’ as Starlink nears 5 million customers

SpaceX President and COO Gwynne Shotwell urged on rivals in comments Friday, describing competition as healthy for Elon Musk’s space company.

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GM lays off 1,000 employees amid reorganization, cost-cutting

The layoffs, which were announced Friday morning via email to those impacted, were across the business.

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The top 10 family offices for startup investments

CNBC partnered with Fintrx to analyze single family offices that made the largest number of investments in private startups in 2024.

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Amazon Prime Video to stream Diamond regional sports networks

The newly rebranded FanDuel Sports Network will be available as an add-on subscription for Prime customers living within the team’s designated geographic area.

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Landry CEO Fertitta becomes Wynn Resorts’ largest individual shareholder with nearly 10% stake

Billionaire casino mogul and Landry CEO Tilman Fertitta has increased his stake in Wynn Resorts to 9.9%

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