Rivian share sale tests options traders after stock decline
Rivian’s planned 75 million-share sale hit the stock, while options traders weighed dilution against a larger cash buffer.
By Marcus V. Thorne 1 month agoSection
Markets
Meta cloud plan divides analysts as AI spending scrutiny rises
Meta is weighing a cloud service tied to its AI infrastructure, Bloomberg reported, as analysts debate whether the move offsets or...
By Sarah Jenkins 1 month ago
Appeals court keeps Trump name off Kennedy Center during challenge
A D.C. Circuit panel said Trump and the Kennedy Center board had not shown irreparable harm from leaving the name off the façade.
By Sarah Jenkins 1 month ago
Used EV prices rise as gas costs lift demand, Cox says
Cox Automotive said wholesale used EV prices rose 12% in June from a year earlier, far outpacing the 1.7% gain for non-electric ve...
By Amanda Ross 1 month ago
Social Security delay could strain Treasury market, researchers warn
Mercatus researchers say waiting until the OASI fund nears depletion in 2032 could raise borrowing pressure and threaten wider fis...
By Amanda Ross 1 month ago
Cramer trust exits Arm after 75% gain on April purchase
Jim Cramer’s Charitable Trust sold its remaining 118 Arm shares at about $303.46, CNBC’s Investing Club said, ending the position.
By Amanda Ross 1 month ago
Beshear asks McConnell’s office for health update after weeks in hospital
Kentucky’s governor sought a public update as Sen. Mitch McConnell remains hospitalized more than three weeks after his June 14 ad...
By Amanda Ross 1 month ago
Community gap reshapes Americans’ view of the dream
A CNBC and SurveyMonkey survey found 72% of U.S. adults tie the American Dream to financial stability, while 35% include community...
By Marcus V. Thorne 1 month ago
Waymo adds four US cities to driverless ride rollout
Alphabet’s robotaxi unit will begin employee rides in San Diego, Las Vegas, Tampa and Denver before opening service more broadly.
By Sarah Jenkins 1 month ago
OpenAI to widen access to GPT-5.6 after US-requested pause
OpenAI said GPT-5.6 Sol, Terra and Luna will be released publicly after an initial restricted rollout requested by the U.S. govern...
By Sarah Jenkins 1 month ago
Delta adds stripped-down premium fares for business and first class
Delta will sell lower-tier premium tickets that exclude lounge access, advance seat selection and some flexibility, following a si...
By Marcus V. Thorne 1 month ago
Employers hold line on weight-loss GLP-1 coverage as claims costs rise
An IFEBP survey found 36% of U.S. employer plans cover GLP-1s for obesity and diabetes, unchanged from 2025, as claims linked to t...
By Sarah Jenkins 1 month ago