Elon Musk’s xAI loses co-founder Tony Wu in latest senior departure

Elon Musk’s xAI loses co-founder Tony Wu in latest senior departure

Jaap Arriens | Nurphoto | Getty Images Elon Musk’s xAI has lost another founding member. Tony Wu announced late on Monday that he resigned from the artificial intelligence startup, becoming the latest co-founder to leave the company. Others, including Igor Babuschkin, Kyle Kosic and Christian Szegedy, have also departed, and Greg Yang announced last month…

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Saint-Gobain wants to solve the U.S. housing dilemma

Saint-Gobain wants to solve the U.S. housing dilemma

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…

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Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’

Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’

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…

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Paramount sweetens WBD bid, stops short of raising value

Paramount sweetens WBD bid, stops short of raising value

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…

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Gordon Haskett upgrades Booking Holdings ahead of earnings, calls AI fears overblown

Gordon Haskett upgrades Booking Holdings ahead of earnings, calls AI fears overblown

Gordon Haskett Research Advisors believes that Booking Holdings ‘ operational advantages are being overlooked amid heightened AI fears. The research firm upgraded the online travel platform to a buy rating from hold. Analyst Robert Mollins’ price target of $5,440 implies an upside of 28%. Shares of Booking Holdings have slipped 14% over the past 12…

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CVS Health (CVS) earnings Q4 2025

CVS Health (CVS) earnings Q4 2025

A pedestrian walks by a CVS store in Greenbrae, California, on July 31, 2025. Justin Sullivan | Getty Images CVS Health on Tuesday reported fourth-quarter earnings and revenue that beat estimates and reaffirmed the 2026 profit guidance that impressed investors, signaling steady progress in the health-care giant’s turnaround plan.  “’24 was a tough year for…

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