Ceribell’s stock soars 36% in trading debut after pricing IPO at top of range
Ceribell Inc., a medical-device maker that uses artificial intelligence to monitor patient seizures, was on track for a strong trading debut Friday, after its initial public offering priced at the top of its proposed range.
FAA license may come in time for Sunday launch
SpaceX’s next-generation Starship spacecraft, atop its powerful Super Heavy rocket, lifts off on its third launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. March 14, 2024. Cheney Orr | Reuters The Federal Aviation Administration may issue SpaceX its next Starship license in time for a Sunday launch […]
Oil prices set for weekly gain on Middle East fears
Oil futures declined Friday but remained on track for back-to-back weekly gains as investors weighed the threat of a wider Middle East conflict that could threaten crude flows from the region.
Jeff Shell as Paramount president may have runway to make bold changes
Jeff Shell, CEO of NBCUniversal, speaks during a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. Eric Gaillard | Reuters Less than two years after NBCUniversal fired Jeff Shell for alleged sexual harassment, the former CEO is close to finding himself back in the saddle leading a storied […]
Delta Air Lines (DAL) 3Q 2024 earnings
Delta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays. The Atlanta-based carrier on Thursday forecast fourth-quarter adjusted earnings of $1.60 to $1.85 per share, compared with Wall Street estimates of $1.71, according to LSEG, and above the adjusted $1.28 per share it […]
Tesla unveils its Cybercab robotaxi, with no steering wheel and under $30,000
Tesla Inc. unveiled its much-awaited robotaxi at an event in Southern California on Thursday night, showing a prototype of the Cybercab, an autonomous vehicle without steering wheels or pedals that Chief Executive Elon Musk said would cost less than $30,000.
Delta says travelers are trading summer Europe trips for fall getaways
A woman uses an umbrella to protect herself from the sun as she passes past the Colosseum during an intensely hot day in Rome, Italy, on July 11, 2024. Riccardo De Luca | Anadolu | Getty Images Summer trips to Europe are getting too hot for thousands of tourists. Delta Air Lines President Glen Hauenstein […]
AMD’s AI event lacked a wow factor, but here’s one reason investors should be excited
Advanced Micro Devices Inc.’s AI event Thursday lacked a major wow factor, as hopes for more new-customer news did not materialize. But there was some news that should excite investors.
Banks aren’t in the clear just yet
Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom Brenner Tom Brenner | Reuters Falling interest rates are usually good news for banks, especially when the cuts aren’t a harbinger of recession. That’s […]
Wealthy millennials, Gen Z are redefining philanthropy
Solstock | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Wealthy millennials and Gen Zers are redefining the world of charitable giving, seeing themselves more as activists […]
