A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. French…
Strategy CEO Michael Saylor brushed off concerns about the company’s credit risk if bitcoin continues to tumble. In fact, Saylor said he plans to keep accumulating the cryptocurrency for the company every quarter. “If bitcoin falls 90% for the next four years, we’ll refinance the debt,” the executive said Tuesday on CNBC’s “Squawk Box.” “We’ll…
Key Points UBS downgraded its outlook on U.S. IT stocks on Tuesday, citing lingering “software uncertainty” and increased capital expenditure. The Swiss investment bank’s move comes after a sell-off in software stocks over the past week as investors turn cautious towards the sector. UBS recommended investors diversify exposure to other sectors, including healthcare and utilities….
U.S. Senator Ron Johnson (R-Wisc.) speaks with reporters after a vote in the U.S. Capitol June 3, 2025. Annabelle Gordon | Reuters Sen. Ron Johnson, R-Wis., on Tuesday slammed Democrats for conditioning Homeland Security Department funding on a requirement that federal immigration agents must obtain judicial warrants to carry out key enforcement activities. Johnson, in…
Thousands gathered in San Francisco in the days leading up to the most anticipated game on the NFL calendar. But before the Seattle Seahawks and the New England Patriots took center stage in Super Bowl LX, it was the contactless version of the game that repeatedly found itself in the spotlight. Whether it was the…
Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery, adding a so-called “ticking fee” to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share offer to WBD shareholders. In December, Paramount launched a hostile tender offer for the entirety of Warner Bros. Discovery at $30…
Kalshi saw more than $1 billion in trading volume on Super Bowl Sunday, reaching a daily record high, according to CEO Tarek Mansour. That volume was up 2,700% year-over-year, according to the company. The platform allows users to buy event contracts for outcomes in politics, pop culture, financial markets and sports. “It was an incredible…
Muhammed Selim Korkutata | Anadolu | Getty Images Spotify‘s stock popped 10% as the music streaming platform added more users and bolstered features in newer markets. Here’s how the company did compared to LSEG estimates. Earnings per share: 4.43 euros vs 2.74 euros expected Revenue: 4.53 billion euros vs 4.52 billion euros expected Revenues in…
U.S. Rep. Jim Jordan (R-OH) attends the inauguration of U.S. President-elect Donald Trump at the U.S. Capitol on Jan. 20, 2025 in Washington, DC. Kevin Dietsch | Getty Images House Judiciary Committee Republicans have subpoenaed eight Affordable Care Act health insurers for documents as part of a widening investigation of potential fraud surrounding the use…
It’s hardly a surprise that filmmaker Emerald Fennell, who possesses a particular interest in shocking and riling her audience, was drawn to Emily Brontë’s “Wuthering Heights.” This is a novel that has vexed critics since the beginning, with one in 1848 decrying its “vulgar depravity and unnatural horrors.” Nearly 179 years after its publication, “Wuthering…
