Memory chips and storage drives are becoming a major bottleneck in the artificial intelligence buildout, driving companies’ capital expenditures higher. Chipmakers warn the supply crunch will get worse before it gets better, and Wall Street sees an opportunity. Quarterly earnings from the hyperscalers like Alphabet and Microsoft released this week showed solid cloud revenues underpinning…
Paulo Dybala’s time with the Argentine national team appears to have reached its conclusion. When head coach Lionel Scaloni submitted his preliminary 55-man roster for the 2026 World Cup on Monday, the Roma forward’s name was omitted. Scaloni opted to move forward without the 32-year-old playmaker, likely signaling an end to Dybala’s run with La…
Minnesota went 14-3 last season and still didn’t win its division. That’s how competitive the NFC North was a year ago. Which squad is favored to win the division this season? Here are the odds at DraftKings Sportsbook as of Aug. 31, as well as what to know about the division. NFC North Packers: +165…
Juventus is one point away from a seeded playoff spot in the UEFA Champions League knockout stage thanks to a pair of goals from two of CONCACAF’s finest, Weston McKennie and Jonathan David. McKnennie, who represents the United States at the nternational level, opened the scoring for Juventus against Pafos in the 67th minute, receiving…
Palantir‘s stock fell 6% on Tuesday as Wall Street analysts raised concerns about the company’s elevated valuation and “Big Short” investor Michael Burry revealed a short position in the software company. During an interview with CNBC’s “Squawk Box” on Tuesday, CEO Alex Karp ripped into short sellers, calling their moves “market manipulation.” Karp called the…
Cg Tan | E+ | Getty Images Millionaires are increasingly dissatisfied with their wealth managers and accountants, but they prize their personal trainers and therapists, according to a new survey. Only a third of millionaires use a wealth advisor for their financial planning and 1 in 5 plan to fire their advisor due to high costs and poor service,…
Dak Prescott and the Dallas Cowboys were dealt with another roadblock on Sunday. Star wide receiver CeeDee Lamb suffered an ankle injury that caused him to leave the game twice in the first half of the Cowboys’ game against the Chicago Bears. Lamb suffered the injury after making a reception on a screen pass in…
If Fernando Mendoza were not the No. 1 overall pick, there would be no rush to get him onto the field. In that alternate scenario, the Las Vegas Raiders could slot veteran Kirk Cousins into the QB1 spot and no one would give it a second thought. There would be no pressure. No stress. No…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) Follow-through from the dovish takeaway to Wednesday’s Fed rate cut drives a high-torque rotation into economically sensitive assets, helping to offset another sell-down in secular-growth AI plays. As noted for weeks, the market…
SAO PAULO — A jacket worn by football legend Pelé in the 1966 World Cup has become a hit among fans of pop singer Bad Bunny since he borrowed it from a collector’s sports merchandise store and used it in his recent concerts in Sao Paulo, in his first performances on Brazilian soil. Bad Bunny’s…
