Still from Apple’s “F1.” Apple Lights out and away we go. “F1: The Movie” hasn’t even reached the checkered flag of its theatrical run, but it’s already Apple’s best film release ever. The film, distributed by Warner Bros. Discovery, zoomed past $293 million at the global box office over the weekend. This outpaced Ridley Scott’s…
BlackRock’s new acquisition pushes the asset manager one step deeper into private markets. The news The asset management giant on Monday announced an agreement to buy ElmTree Funds, a real estate investment firm that manages roughly $7.3 billion in assets. ElmTree, which leases commercial properties to single-tenant renters, will be integrated into BlackRock’s new group…
White House trade advisor Peter Navarro criticized Apple CEO Tim Cook on Monday over the company’s response to pressure from the Trump administration to make more of its products outside China. “Going back to the first Trump term, Tim Cook has continually asked for more time in order to move his factories out of China,”…
The good times for the stock market will not last long, if Stifel is correct in its assessment. Strategist Barry Bannister said in a note Sunday he expects the S & P 500 to fall 12.4% to 5,500 in the second half of the year. His comments came after the benchmark index made fresh record…
CoreWeave founders Brian Venturo, at left in sweatshirt, and Mike Intrator slap five after ringing the opening bell at Nasdaq headquarters in New York on March 28, 2025. Michael M. Santiago | Getty Images News | Getty Images Artificial intelligence hyperscaler CoreWeave said Monday it will acquire Core Scientific, a leading data center infrastructure provider,…
Key Points After a slow spring, investment firms of the ultra-rich made 60 direct investments in June, according to Fintrx. Family offices flocked to biotech and health-care firms such as Antheia, seeking to make an impact and returns at the same time. Antheia founder Christina Smolke told CNBC’s Inside Wealth family offices’ patient capital makes…
Film directors Rian Johnson (L), Greta Gerwig (C), and Guillermo Del Toro (R) Getty Images Netflix isn’t interested in bringing movies to theaters. The company’s leaders have said they see theatrical movie releases as an “outdated” model. Yet for more than a decade, the streamer has lured in some of Hollywood’s biggest directors to make content…
Check out the companies making the biggest moves in premarket trading: Tesla — The E.V-maker tumbled 6% after CEO Elon Musk said he would form a new political party called “America Party.” Musk has been engaged in a feud with President Donald Trump, who called the new party “ridiculous.” Geo Group , CoreCivic — The…
Citi see an expanding market for Nvidia’s AI business as the company leads global sovereign AI build-outs and continues to scale Blackwell. Analyst Atif Malik raised his price target on Nvidia to $190 from $180, which suggests shares can jump 19.2% from their latest close. Malik’s bullish thesis is partly driven by the uptick in…
Apple shares picked up a gain and an upgrade from Jefferies going into the holiday weekend, but the ” Fast Money ” traders aren’t seeing fireworks. “The back half of the year for a company like Apple is going to be a problem,” RiskReversal Advisors’ principal Dan Nathan said on Wednesday’s show. “They still don’t…
