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 […]
Continue readingU.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.
Continue readingHyundai 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.
Continue readingWhy 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.
Continue readingSpaceX 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.
Continue readingGM 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.
Continue readingThe 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.
Continue readingAmazon 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.
Continue readingLandry 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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