Low-cost Unmanned Combat Attack System (LUCAS) drones are positioned on the tarmac at a base in the U.S. Central Command operating area. Source: U.S. CENTCOM An Arizona-based battery startup led by a former General Motors executive is moving from making products for all-electric vehicles to making products for the aerospace and defense industries amid the…
Check out the companies making headlines before the bell: Netgear — The San Jose, Calif.-based maker of WiFi routers and network switches surged 11% after the Federal Communications Commission (FCC) banned all imports of consumer routers made abroad, saying they pose national security risks. Jefferies Financial Group — Shares of the investment bank rallied nearly…
Gap is partnering with Google’s Gemini to allow shoppers to check out directly within the AI platform, making it the first major fashion company to work directly with the tech company to fuel agentic commerce, CNBC has learned exclusively. The partnership comes as more and more shoppers move away from traditional search and toward artificial…
Bob Woodward’s next book will be an inside account of how the bestselling author and award-winning journalist came to write so many inside accounts. “Secrets: A Reporter’s Memoir” will offer Woodward’s take on some of the government leaders he has known and the news he has helped break, from Watergate to the inner workings of…
Samuel Boivin | Nurphoto | Getty Images Alibaba on Tuesday announced a new chip designed for agentic capabilities as the Chinese tech giant steps up its semiconductor efforts to fuel its AI push. The XuanTie C950 is a type of chip called a central processing unit (CPU), which Alibaba said will be able to handle the…
The Pro Padel League has raised $15 million in a new funding round, the league announced on Tuesday, highlighting the growing investment for yet another rising racket sport as it gains traction in the U.S. The new raise follows $10 million in seed funding for the league, received in March 2025. The Series A funding…
CoreWeave is poised to gain ground thanks to strong demand for artificial intelligence infrastructure, according to Bank of America Global Research. The bank reinstated coverage of CoreWeave with a buy rating, up from hold. It set a $100 price objective for the stock, suggesting 22% upside from Monday’s close. “CoreWeave is well positioned to capture…
A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Moody’s Ratings on Monday downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings. The ratings firm lowered the debt ratings…
MEMPHIS, Tenn. — President Donald Trump took a surprise tour of Elvis Presley’s Graceland on Monday while in Memphis, a diversion from the war in Iran and efforts to address long lines at U.S. airports during which he marveled at just how famous the King of Rock and Roll was and wondered aloud if he…
The 2026 NFL Draft is still a month away, but astute evaluators have already completed their scouting reports for the top players in the class. Despite the NFL scouting community’s lack of respect for running backs and their ability to carry a team to a championship, Jeremiyah Love has evaluators reconsidering their team-building philosophies heading…
