Friday's big stock stories: What’s likely to move the market in the next trading session
The S&P 500 closed at a record on Thursday, aided by cooling oil prices and tame inflation reports. Tune in to CNBC Friday morning for Disney CEO Josh D'Amaro.
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Reddit is joining the S&P 500 after months of speculation. Analysts have these concerns.
After past snubs, social-media site Reddit has landed a spot on the S&P 500, sending shares on an after-hours rally Thursday.
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Markets are looking eerily calm as investors chase FOMO rally
By nearly every headline measure, investors have never looked more relaxed in a year not short of wild rides. But that calm may not be as reassuring as it looks.
Careem’s founders put in $100,000. Seven years later, Uber bought it for $3.1 billion
Mudassir Sheikha left McKinsey to co-found Careem in 2012, putting in $50,000 of his own money. Seven years later, Uber agreed to acquire the company for $3.1 billion.
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‘It feels like a medical miracle’: How did a single QR code coupon cut my $618 Walgreens prescription to $15?
“This medication was generic.”
Reddit stock jumps on inclusion in S&P 500
Reddit shares jumped on the company's inclusion in the S&P 500.
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Workday’s stock sees a record surge. Could a buyout spark a software revival?
Shares of the HR software company rose 18% on Thursday on reports of a potential private-equity acquisition.
Mamdani's NYC pied-à-terre tax can continue rollout during court appeal
The tax championed by Mayor Zohran Mamdani has drawn the ire of President Donald Trump, who said it must be stopped and vowed to explore federal options.
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‘I didn’t know what else to do:’ Patients take their health-insurance battles to Facebook and LinkedIn
Pushed to their limits, patients are turning to social media to plead for help getting their medical care covered.
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More than half of Gen Z redirected money away from investing and toward sports betting over the past year
The results of a recent survey from wealth-management platform Betterment are making America’s financial advisers cringe.
Kennedy Center board votes to put Trump name on facade despite court order
President Donald Trump's name was removed from the Washington, D.C., performing arts center in June as the result of a lawsuit by an Ohio congresswoman.
These charts show why stocks keep rallying. Profit margins are the highest on record
Recent FactSet data show that the rise in earnings is not coming from sales growth alone.
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SpaceX set an IPO record. Now there’s hope that Anthropic could shatter it.
A new report says that some Anthropic investors expect the company to seek a $2 trillion to $3 trillion valuation, above SpaceX’s $1.7 trillion milestone.
Trade court upholds Trump's closure of 'de minimis' loophole
President Donald Trump in a Truth Social post celebrated the continued closure of the deminimis exemption as a "BIG WIN."
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The average car loan is now $785 a month — and lasts for almost 6 years
Americans borrowed a record $211 billion to pay for their cars last quarter.
Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant
As Tim Cook gets set to step down as Apple CEO, he's offering a glimpse into what he may be doing as chairman.
These are Mizuho's top real estate picks for August. They also offer attractive yields
Mizuho sees upside ahead for an office real estate investment trust, as well as one that focuses on retail properties.
Workday skyrockets 18%, trading halted multiple times on report of Silver Lake takeover
Workday investors have been on edge over the prospect of AI disrupting its business model
Cramer: How words of wisdom from Gene Hackman help me make peace with investing mistakes
This is an excerpt from the CNBC Investing Club's August Monthly Meeting, which was held Thursday.
UConn women's coach Geno Auriemma says WNBA should shift focus away from transgender debate
Geno Auriemma said the WNBA should steer attention away from the transgender athlete debate and focus more on basketball.