Sanergy Group shares rebound as firm blames ‘forced sale’ for 98% slump
The Hong Kong listed company saw its stock price slump 98% on Tuesday. Sanergy Group shares have now increased 78% after the Chinese company said a ‘forced sale’ had driven the plunge in its stock.
Fuji Soft could consider Bain’s proposal if binding offer submitted
Fuji Soft said it has received a counteroffer proposal from Bain Capital and would consider it if the U.S. private equity firm submits a binding offer.
NFL season expected to spur record $35 billion in legal sports wagers
Joe Milton III #19 of the New England Patriots scrambles from the pressure of Kyu Blu Kelly #36 of the Washington Commanders during the third quarter of a preseason game at Commanders Field on August 25, 2024 in Landover, Maryland. Scott Taetsch | Getty Images Sport | Getty Images Football is back, and it’s expected […]
PagerDuty’s stock falls despite earnings beat, as these factors weigh on outlook
The CFO says deals could take longer to close and smaller businesses are still “a headwind to growth.”
Soaring sports team values pressure owners on taxes, succession
A detail view of a NFL shield logo paint of the field during a preseason game between the Los Angeles Rams and the Houston Texans at NRG Stadium on August 24, 2024 in Houston, Texas. Ric Tapia | Getty Images Sport | Getty Images Sports team owners benefiting from soaring team values are also facing […]
‘We’re happily married, mediocre gay men’: We’re 58, earn $160,000 and saved $2.2 million. We grew up poor. Our families treat us like ATMs. Are we OK?
“Our relatives are very poor, and our acquaintances are either single men getting by paycheck-to-paycheck, very successful professionals or trust-fund babies.”
Steph Curry says he wants to be an NBA owner in the future
Four-time NBA Champion Steph Curry is already planning for life after basketball. The 10-time NBA All-Star spoke to CNBC’s “Squawk on the Street” on Tuesday about the rest of his basketball career, his various businesses and goals for after his playing career ends. The 36-year-old Curry has a media company, Unanimous Media, and a youth […]
Tesla Cybertruck is in a category of its own for better or worse
A Tesla Cybertruck in front of a graffiti mural on Aug. 28, 2024 in Detroit. Michael Wayland / CNBC DETROIT – Spaceship. Dream car. UFO. Dumpster. Cool. Stupid. Phenomenal. Abomination. Those were all words used to describe the Tesla Cybertruck during a 24-hour rental of the vehicle in metropolitan Detroit. They were expressed by strangers, […]
Pfizer and Valneva report positive results in mid-stage trial of Lyme disease vaccine
The Phase 2 trial was evaluating the vaccine called VLA15 following a second booster dose given one year after the first one.
OpenAI may lift cap on profits as it courts Apple and Nvidia, report says
OpenAI is in talks to amend its cooperate structure to make itself more friendly potential investors, including by potentially removing its cap on profits
