Rising stocks, IPOs helped create 287 new billionaires this year
Wall Street sign in New York with American flag and Christmas tree lights in the…
LONDON — A charity co-founded by Prince Harry in Africa to honor his late mother, Princess Diana, has sued him for defamation after he stepped down as a patron last year. Sentebale, which supports young people living with HIV in Botswana and Lesotho, filed suit last month in London’s High Court, according to court records…
Can Juke Harris’ scoring prowess translate to success in his junior season? After two years at Wake Forest, in which the Deamon Deacons missed the NCAA Tournament both times, Harris entered the transfer portal. He averaged 21.4 points per game as a sophomore, mastering the mid-range as he shot 55.5% from inside the arc. But…
Is Nike done? That’s the question Jim Cramer posed Friday morning on CNBC after what he called a “very damning” analyst downgrade. “I’ve been trying to figure out whether it is a mistake or whether we can give [CEO Elliott Hill] till October,” Jim said later on Morning Meeting for Club members. October is important…
Warfare is undergoing a fundamental shift where tech with big price tags is being challenged by a more agile, decentralized model, spearheaded by Silicon Valley-backed start-ups, industry watchers told CNBC. The traditional defense model — notorious for development cycles that can span decades — is coming under increasing pressure. Companies are instead betting on a…
Revolution Medicines could be on the cusp of a breakthrough. The company expects to soon release results from a Phase 3 trial of its experimental drug that could become the first targeted treatment for pancreatic cancer, the deadliest of the major cancers. Just 13% of people with pancreatic cancer live five years after they’re diagnosed,…
We’re two weeks into the MLB season and while still very early, with just a handful of games to judge, teams and players are starting to give us clues as to who they might be going forward. Despite losing three out of their last four games, the Yankees sit atop the American League East with…
While the health-care sector broadly continues to search for direction, drug stocks have been the clear leaders — and Merck stands out as one of the strongest performers in the group. Over the past few months, the stock has demonstrated a notable ability to leverage multi-week consolidation phases into clean breakouts and sustained advances. Since…
Elbit Systems has soared 60% so far in 2026, and is set to add further to those gains gains, according to Bank of America. In a research report out Friday, the bank reiterated a buy rating on shares of the Israeli defense company and hiked its 12-month price target to $1,075, implying a nearly 16%…
Apple is casting a new line to reel more users into its prized ecosystem, a money-printing machine with fresh hardware as the lure and services as the hook. The tech giant announced its most affordable laptop in history last month with the rollout of the MacBook Neo. With a starting price of $599, the Neo…
The Travis Hunter two-way experiment with the Jacksonville Jaguars may be winding down before it ever fully gets off the ground. While Hunter is recovering “exceptionally well” from his season-ending knee injury — which he suffered in October of last season — the Jaguars plan to have Hunter be a “full-time” cornerback who contributes as…