Why ESPN’s historic streaming launch may actually cost it subscribers

Why ESPN’s historic streaming launch may actually cost it subscribers

A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. ESPN is making history Thursday with the launch of its everything-in-one direct-to-consumer product….

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Fix-and-flip real estate investors pull back

Fix-and-flip real estate investors pull back

Marioguti | E+ | Getty Images 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…

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WMT, HPE, CART, BNL and more

WMT, HPE, CART, BNL and more

Check out the companies making headlines in premarket trading. Walmart — The big-box retailer slipped more than 2% . Walmart fiscal second-quarter revenue beat analyst estimates . Adjusted earnings of 68 cents per share may not have compared with the LSEG consensus estimate of 74 cents. The country’s largest retailer raised its full-year earnings and…

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Instacart will struggle as competition heats up, Wedbush says

Instacart will struggle as competition heats up, Wedbush says

Increasing competition in the grocery delivery space could send Maplebear lower over the coming months, according to Wedbush Securities. The firm downgraded Maplebear, which does business as Instacart, to underperform from neutral and slashed its price target to $42 from $55, which implies nearly 8% downside from Wednesday’s close. This comes as shares have faced…

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How billionaire family offices bet on stocks during tariff turmoil

How billionaire family offices bet on stocks during tariff turmoil

Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices are known to invest for the long haul, sometimes for generations….

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Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut

Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut

Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on inflation. Speaking to CNBC from the Fed’s annual symposium in Jackson Hole, Wyo., Schmid pushed back on market pricing that points strongly to the Federal Open Market Committee lowering its key…

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