August new home sales soar 20%
Sales of newly built homes rose a much larger-than-expected 20.5% in August compared with July to the highest level since January 2022, according to the U.S. Census. It is also the largest one-month gain since August 2022. Sales were 15.4% higher than August 2024. This count is based on people out shopping in August and […]
‘Never my intention to make light’ of Kirk murder
“Jimmy Kimmel Live!” returned to air with an emotional monologue Tuesday night, roughly one week after the late night show was suspended by Disney’s ABC broadcast network. The program was initially pulled “indefinitely” following comments by host Kimmel during a show monologue that criticized members of President Donald Trump’s MAGA movement for their reaction to conservative […]
Sure, there’s a risk of a bubble in AI stocks, so invest in them, says Wells Fargo strategist
Wells Fargo’s chief equity strategist Ohsung Kwon said the AI trade will continue to dominate stock market gains, until this beaten-down area of the economy starts to show signs of life.
Morgan Stanley plans to offer crypto trading through E-Trade next year
Morgan Stanley is months away from offering crypto trading to retail customers through its E-Trade division as the Wall Street giant embraces what it called a transformative moment for the wealth management industry. The firm is working with the startup Zerohash — which Morgan Stanley also took an investment stake in — for liquidity, custody […]
Here’s Palantir’s ‘secret sauce,’ which these analysts say can boost the stock even more
Bank of America notes the benefits of Palantir’s forward deployed engineers, who embed within customers to help deploy the company’s technology offerings.
Startup Zerohash raises $104M from Morgan Stanley, SoFi, Apollo
Edward Woodford, founder and CEO of crypto infrastructure firm zerohash. Courtesy: zerohash Crypto infrastructure startup Zerohash has raised $104 million in funding with backing from financial firms including Morgan Stanley and SoFi, CNBC has learned. The Series D round was led by Interactive Brokers, the global automated trading firm, and includes strategic investors who are […]
Nexstar, Sinclair won’t air return on ABC affiliates
Jimmy Kimmel speaks during the Disney Advertising Upfront showcase event on Tuesday, May 13, 2025 at North Javits in New York City. David Russell | Disney General Entertainment Content | Getty Images Nexstar Media Group, one of the largest owners of broadcast TV stations, said it would not air the return of “Jimmy Kimmel Live!” […]
Micron’s stock gains as the memory-chip maker clears a high bar
Wall Street expected a beat-and-raise quarter from Micron, which indeed gave an outlook far stronger than what analysts were expecting as AI drives strong demand for memory chips.
Disney raises prices for streaming packages
Thomas Fuller | Lightrocket | Getty Images Disney on Tuesday unveiled price increases for its streaming subscription packages beginning Oct. 21. The stand-alone Disney+ ad-supported plan will see a $2 increase to $11.99 per month, while the premium no-ads plan will jump $3 to $18.99 per month or get a $30 annual hike to $189.99 […]
What Jimmy Kimmel says in his first show back may not matter. Disney has already been hammered by the culture wars.
The decision to pull Kimmel off the air sparked calls for a boycott from his supporters, and the move to bring him back has angered conservatives, putting Disney in an unwinnable position.
