cnbc_topnews
📰 source: cnbc_topnews · 💼 business homes sold for less than their asking price in 38 of the 50 largest u.s. housing markets in june, per redfin. the biggest discounts hit florida and texas: miami and west palm beach averaged nearly 5% below asking, while houston, austin, tampa, dallas, san antonio,
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📰 source: cnbc_topnews · 💼 business hugging face ceo clément delangue told cnbc china is clearly dominating on open models and could start dominating at the frontier by end of this year or next. chinese models are closing the gap with u.s. frontier systems despite limited access to cutting-edge compute. beijing-based
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📰 source: cnbc_topnews · 💼 business sk hynix will invest 54 trillion won ($38.1 billion) to build two new memory chip plants. one is the yongin fab called y2, getting 35.2 trillion won, and the other is the cheongju fab called m17, getting 19.1 trillion won. the company points
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📰 source: cnbc_topnews · 💼 business european insurers are warning about a growing 'protection gap' as wildfires, heatwaves and extreme weather become a permanent feature of the region's summers. a fire in france and spain since july has destroyed over 300,000 acres, and greece saw outbreaks worsened
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📰 source: cnbc_topnews · 💼 business oil rose friday on supply disruption worries after iran published a restrictive draft plan for the strait of hormuz. brent crude for october gained 1.25% to $83.52 a barrel, while u.s. west texas intermediate for september advanced 1.10% to $78.14. iran&
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📰 source: cnbc_topnews · 💼 business iran's chief negotiator accused trump of 'theater diplomacy' on thursday, after the president called off planned strikes and claimed a deal with tehran was already settled. iranian officials rejected that, saying no talks are underway. parliament speaker ghalibaf mocked trump on x:
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📰 source: cnbc_topnews · 💼 business judge bryan biedscheid ordered meta to pay $567 million into an abatement fund in new mexico on thursday, part of a public nuisance ruling over alleged harms to children on its platforms. the payment adds to the $375 million in civil penalties meta already paid this
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📰 source: cnbc_topnews · 💼 business virginia gov. abigail spanberger will intervene in nextera's $67 billion purchase of dominion energy, the first time a governor has stepped into such a case before the state corporation commission. the florida-based nextera agreed in may to buy dominion, creating the world's
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📰 source: cnbc_topnews · 💼 business salad chain sweetgreen cut its full-year outlook on thursday, projecting same-store sales declines of 7% to 8% for 2026, steeper than the 2% to 4% drop it previously forecast. shares fell more than 15% in extended trading. the company blamed reduced consumer demand for fresh prepared
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📰 source: cnbc_topnews · 📚 research the july jobs report lands friday, and it's not expected to move the needle much. nonfarm payrolls are forecast to add just 83,000, with unemployment holding at 4.2%. that follows a june gain of only 57,000, and economists are watching for
cnbc_topnews
📰 source: cnbc_topnews · 💼 business copper jumped to a record high thursday, with u.s. futures touching around $6.90 a pound before retreating. the rally used to signal stronger global growth, but this time it's harder to read. analysts point to constrained supply, heavy grid investment, tariff uncertainty,
cnbc_topnews
📰 source: cnbc_topnews · 💼 business grindr's ai strategy is showing up in its numbers. the lgbtq dating app reported q2 revenue of $138 million, up 33% from a year ago, and raised its 2026 outlook. revenue is now expected at ~$540 million, with adjusted ebitda of ~$232 million. ceo