Cisco Systems acquires cybersecurity software company Splunk for $28 billion, causing Cisco's shares to fall and Splunk's shares to rise.
CNBC News & Breaking Stories
Movie Review: 'Dumb Money' recalls GameStop squeeze, when regular investors clashed with Wall Street
"Dumb Money" is a movie that tells the real story of a financial rebellion led by small investors against Wall Street. It focuses on the GameStop stock surge and the impact it had on hedge funds. The film aims to champion the little guy and shed light on the flaws of the financial system. The cast includes Paul Dano, Pete Davidson, America Ferrera, and Seth Rogen. The movie highlights the power of social media and the role it played in the stock market frenzy.
Disney has received an offer of $10bn from media mogul Byron Allen for its ABC TV network, local stations, and cable channels, as the company seeks to focus on streaming. Allen's offer is preliminary and could change, but is based on the assumption that the assets generated $1.25bn in earnings over the past year. Disney has also held talks with Nexstar Media Group about ABC and its eight local TV stations. No decision has been made about a sale, but the negotiations could help establish the value of television assets.
Social Security benefits may be reduced by 77% in the future due to financial pressures, but changes are likely to be made to prevent cuts.
Disney and Charter Communications have reached a deal to end their distribution dispute, which resulted in ESPN, ABC, and Disney Channel being pulled from Spectrum cable service. The agreement includes a discounted wholesale price for subscribers for Disney streaming services.
Bill Gates and Elon Musk had a confrontational meeting in 2022 over Gates shorting $1.5 billion worth of Tesla stock, according to a new biography. Musk was upset and "super mean" to Gates during the meeting. The book also reveals Gates' criticism of Musk's beliefs on climate change and Mars colonization.
Texas' electric grid is on the verge of blackouts due to tight grid conditions caused by high temperatures and reduced reserves. Conservation efforts are being urged.
Taylor Swift's concert film "The Eras Tour" and the next installment of the "Exorcist" horror franchise are both hitting theaters on Oct. 13.
Ryan Reynolds: How he earned $450 million from Aviation Gin and Mint Mobile, despite his admission of not being an investing wizard
Actor Ryan Reynolds has made over $450 million from brand deals with companies like Aviation Gin and Mint Mobile, despite admitting he's "no wizard" at investing. Reynolds is known for his "valued-added investing" strategy, using his name and face to tell a startup's story and increase its return on investment. This tactic is becoming increasingly popular among venture capitalists and angel investors like Reynolds, as well as retail investors using equity crowdfunding platforms. Despite the risks, Reynolds has had a series of nine-figure exits and continues to invest in startups like Nuvei Corp.
Florida Gov. Ron DeSantis urges Disney CEO Bob Iger to drop the lawsuit accusing him of political retaliation.
Former WWE CEO Vince McMahon was raided by federal agents last month over allegations of paying multiple women "hush money" for sexual misconduct claims. McMahon denies any wrongdoing.
Christine Romans, a veteran journalist and anchor with CNN's "Early Start," is leaving the network for a new opportunity. CNN will temporarily feature rotating anchors for the show.
Fast food stocks fluctuate after quarterly earnings reports, some exceeding expectations.
A downtown mini market in Los Angeles has sold a winning Powerball ticket worth $1.08bn. Although the buyer has yet to step forward, many have speculated about how their life is about to change. The majority of winners opt to receive half of the jackpot in an immediate lump sum payment. The National Endowment for Financial Education has previously shown that up to 70% of lottery winners spend all their winnings and go broke within a couple of years. Mark Cuban, billionaire investor and star of ABC's "Shark Tank", advises winners to hire a tax attorney and wealth manager to help them make informed decisions about their newfound wealth.
UK regulator rejects Microsoft's proposed remedies for Activision-Blizzard acquisition, demands restructuring.
Jessica Simpson turns to her mom Tina for financial aid after repurchasing her eponymous fashion label
Jessica Simpson opens up about sacrifices made to regain financial ownership of her brand.
Alef's Model A flying car has received approval from the Federal Aviation Authority (FAA), making it the first vehicle of its kind to be approved for use in the US. The car is entirely electric and has a range of 110 miles. It contains eight rotating blades underneath its bodywork, allowing it to rise vertically and then rotate sideways for forward propulsion. The vehicle is designed to "hop" over congested areas due to traffic jams or road accidents. Alef has received strong pre-order interest for the Model A, which is priced at $300,000.
What news can we find under CNBC News Section?
Exploring the News Content Universe of CNBC
So, have you ever wondered "What news content can be found under the topic 'CNBC'?". Well if that's been nagging at your curiosity - let's dive in together.
CNBC, originally an acronym for Consumer News and Business Channel, is more than just a standard business news outlet. It’s like the treasure chest for anyone with interests in finance, economics, or stock markets.
The beauty of CNBC lies not only in its detailed financial analyses but also within its broader spectrum presentations on global events. For instance one day they might present an elaborate expose on Wall Street happenings; another day their journalists bring back sharp political insights from Washington D.C. Does it sound like something from your favorite mystery bestseller? That’s right! The intriguing mix of business-related narratives makes CNBC simply captivating.
The channel presents real-time live streaming covering market-moving stories, international trade issues during trading hours which should gladden any investor heart Like cherries on top are their extensive interviews with CEOs of big leagues to fledgling start-ups; vetting everyone alike to give us insightful peeps into corporate minds."Isn't adding such personal perspectives brilliant?"
But hey! CNBC isn’t just about hard-core finance though—a smorgasbord of topics awaits leisure readers too: lifestyle features including travel destinations and food reviews; tech-savvy updates hinting where our future may lie (AI-robots anybody?) and even intriguing reports to keep sports enthusiasts hooked. To sum up-it quite feels like reading through a massive global magazine every time!
In essence,'the topic: CNBC', offers a comprehensive viewfinder onto world affairs sprinkled attractively with business know-how & lot more...It’s all out there waiting for you/your clicks folks!