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The Latest Breaking News from CNBC

SpaceX Valuation Soars To $150B After Share Sale, Continues To Outpace Expectations

Rocket manufacturer achieves remarkable 9.5% increase in valuation, plans for future growth

Zenger

Bad news Marvel fans, Bob Iger wants Disney to start pulling back on the superhero content

Disney will be making less content—and spending less on what it makes.

Fortune

The ‘money doctor’ says forget the ‘propaganda’—inflation is ‘history’

Johns Hopkins University economics professor Steve Hanke told CNBC Thursday that, with the money supply contracting, the inflation era is over.

Fortune

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Bob Iger hints at getting out of the TV game: 'They may not be core to Disney'

He said Disney would consider dropping ABC from its holdings and is discussing finding a “strategic partner” for ESPN.

Fortune

Elon Musk once said 'with artificial intelligence, we are summoning the demon.' Now he's starting an AI company

Musk has called A.I. a bigger risk to humanity than North Korea. But he said he was "a huge idiot" for leaving OpenAI.

Fortune

Google reportedly ditched its AI chatbot app targeted at Gen Z users

With apps like Snapchat and Instagram releasing and testing AI-based chatbots individually, Google had plans to introduce one other than Bard.

Android Central

Despite reports, the UK regulator is NOT backing down over Xbox's Activision deal

A CNBC report claimed that Microsoft and the UK CMA had already agreed to a small "divestiture" to get the deal approved. Turns out that was likely false. Here's what's happening next.

Windows Central

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Here's What Royal Enfield Could Be Planning To Release Later In 2023

While Triumph, Bajaj, Harley, and Hero have grabbed headlines on new middleweight bikes in the first half of 2023, here's what could be next for Royal Enfield.

RideApart

Google quietly scraps an A.I. chatbot ‘interesting for Gen Z,’ report says

The bot, called Bubble Characters, even gave relationship advice.

Fortune

Blue Origin's BE-4 rocket engine exploded during June 30 test: report

One of Blue Origin's powerful BE-4 rocket engines exploded about 10 seconds into a test on June 30, CNBC reported.

Space

Sam Altman just took a nuclear energy startup public for $500 million—and he says A.I. and energy are required for 'a great future'

The CEO and cofounder of OpenAI has a long-held interest, bordering on obsession, with clean energy.

Fortune

Millions of HCA Healthcare customers have data stolen - here's what you need to know

It's unclear what type of data was stolen in the attack, but the company claims no clinical information was taken.

TechRadar

Beyonce, Bruce Springsteen and Taylor Swift could be making inflation worse

Local economies might be experiencing a 'Beyonce blip' or a surge from Swift—but the boom could have a downside.

Fortune

Robert F. Kennedy Jr. said he ‘was not an investor’ in Bitcoin. Financial disclosure form reveals he holds north of $100,000 in the cryptocurrency

The Democratic candidate for president is a noted Bitcoin booster.

Fortune

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Zenger

Meta Unfurls Threads, But Tangles With Threads.com, Started By 3 Former Facebook Employees

Threads has over 10 million downloads already and displayed the potential to outpace Twitter.

Barchart

Has Amazon Stock Peaked? - Not if You Believe Its CEO Who Says Amazon Is Focused on AI

Amazon stock may not have peaked if you believe Andy Jassy who believes its AI chips give it an advantage over competitors. One way to play this is to short out-of-the-money puts for income.

Fortune

Twitter owner Elon Musk has taken first steps in creating an ‘everything app’ to rival WeChat. It’s going to be an uphill battle

Despite receiving key regulatory licenses, Musk faces greater challenges in building out his dream app.

Zenger

Jim Cramer Backs Meta’s Threads, Which Will Compete With Musk’s Twitter

"I say game, set, match, Zuckerberg," the TV personality said Wednesday on CNBC's 'Squawk On The Street.'

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news in one place.

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Los Angeles Times

‘The Profit’ producers win in arbitration after $30 million lawsuit from bankrupt contestant

NBCUniversal and companies linked to its CNBC show “The Profit” and its frontman, entrepreneur Marcus Lemonis, have prevailed in a legal dispute with one of the show’s contestants.

Fortune

The American Dream is alive–but doubts loom this 4th of July

Most Americans believe they're on their way to achieving the American Dream–but growing pessimism is being driven by Gen Z and those with less education.

Zenger

How This Couple Plans To Retire By 35 On $25,000 A Year

Minneapolis couple aims for early retirement with frugal lifestyle and strategic savings

TechRadar

How to watch Premier League: live stream every game of the season

Here's how to watch Premier League live streams for every match of the 2023/24 EPL season from anywhere in the world.

Barchart

Tesla's Surging Deliveries Imply Free Cash Flow Could Rise - Bullish for TSLA Stock

Tesla reported 10.2% gains in total EV deliveries and 8.8% production gains for Q2 over Q1. This implies its free cash flow could surge in its July 19 release of Q2 financials - a bullish signal for TSLA stock.

Laptop

The 5 most disturbing ways AI is currently being used

Artificial Intelligence — it’s brilliant, isn’t it? Until it’s in the wrong hands, anyway. Then it’s absolutely terrifying.

The Guardian - US

ESPN lays off about 20 on-air talent as part of ‘cost savings’ by Disney

ESPN has reportedly laid off about 20 on-air personalities, including some of the network’s most well-known commentators, analysts and journalists

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