Johnson & Johnson faces earnings test after health-care stock rebound
J&J’s second-quarter report will test whether recent gains are backed by drug and device growth, not just a market shift into defe...
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Section
Stocks
Meta employees sue over alleged AI role in layoffs
Current and former Meta workers allege internal AI tools helped select layoffs in a discriminatory way; Meta says people made the...
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AI spending boom lifts Goldman Sachs and JPMorgan to record revenue
Goldman Sachs and JPMorgan posted record quarterly revenue as AI-linked trading, deals and financing spread beyond tech stocks.
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Senators pitch Social Security reform process as 2032 shortfall nears
A bipartisan Senate bill would force Congress to debate Social Security fixes before a projected retirement trust fund depletion i...
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June inflation eased as energy prices fell, but oil risk remains
The CPI rose 3.5% from a year earlier in June, down from May as gasoline and energy costs declined, the Bureau of Labor Statistics...
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Zipline hires Tesla, Waymo and Uber veterans as drone delivery expands
The startup says it has topped 2.5 million commercial deliveries and is adding senior leaders as U.S. volume accelerates.
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SK Hynix options debut as memory-chip ETFs draw bigger action
SK Hynix options began trading Tuesday, but activity lagged Micron and a memory-chip ETF despite a sharp rise in the stock.
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Lucid denies bankruptcy talk after stock volatility
Lucid shares swung sharply after an EV-focused site reported the company was weighing bankruptcy or going private, claims Lucid ca...
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New York pauses new large AI data centers for one year
Gov. Kathy Hochul’s order targets power-hungry AI facilities as electricity costs and grid concerns become political flashpoints.
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Cybersecurity stocks rise after IBM flags AI-driven spending rethink
IBM CEO Arvind Krishna said AI-related cyber worries are causing some customers to pause major deals and reassess budgets.
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Goldman Sachs jumps after earnings beat and stronger deal backlog
Goldman Sachs topped second-quarter estimates as trading and investment banking surged, prompting CNBC’s Investing Club to lift it...
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T. rex fossil Gus sells for record $50.1 million at Sotheby’s
The 67-million-year-old specimen topped its estimate and became the priciest dinosaur fossil ever sold at auction, according to So...
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