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finance

Jun 26, 2026 · 9 min read

OpenAI and Anthropic face new AI reality as companies shift from tokenmaxxing to efficiency

Companies are tightening their AI budgets to focus on getting a return on their investment, and that could dampen growth rates at OpenAI and Anthropic.

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CNBC Finance

finance

Jun 26, 2026 · 2 min read

One factor that may be partly behind the S&P 500's curious action this week

There were plenty of reasons for stocks to post a big move on Thursday, but the S&P 500 ended almost exactly where it closed Wednesday.

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CNBC Finance

finance

Jun 26, 2026 · 2 min read

Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch

World Cup trading and the end of its U.S. waitlist are driving rapid growth for Polymarket's prediction market platform.

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CNBC Finance

finance

Jun 26, 2026 · 7 min read

Rise in memory chip costs puts pressure on retailers of laptops and smartphones

As the global race for AI moves forward, a shortage of memory chips has begun to drive up prices of consumer electronics and may lead to product shortages.

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CNBC Finance

finance

Jun 26, 2026 · 5 min read

'The cult of Elon': SpaceX investors grapple with volatility amid big swings

SpaceX stock has seen big spikes and drop in its opening two weeks as a public company.

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CNBC Finance

finance

Jun 26, 2026 · 3 min read

Volkswagen plans to cut 15% of its workforce and close four German plants, report says

Auto giant Volkswagen is reportedly planning to cut 100,000 jobs and end production at four German plants over the coming years.

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CNBC Finance

finance

Jun 26, 2026 · 7 min read

Estrogen patches are hard to find, and it may not be resolved any time soon

Estrogen patches are in short supply as demand for menopause treatments skyrockets, and it could take at least a year for manufacturers to catch up.

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CNBC Finance

finance

Jun 26, 2026 · 1 min read

How quickly should a battered Venezuela restructure its debt?

After two devastating earthquakes, the country is trying to seal a quick deal with bondholders but some are concerned

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Financial Times (FT)

finance

Jun 26, 2026 · 2 min read

Micron falls 5% in premarket, paring earlier gains amid tech rout

Micron Technology's shares tumbled on Friday amid a global sell-off in technology stocks.

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CNBC Finance

finance

Jun 26, 2026 · 5 min read

Shipping rebounds in Strait of Hormuz one week after U.S.-Iran deal – but fragile confidence threatens recovery

Shipping traffic through the strategically vital Strait of Hormuz is recovering one week after the U.S. and Iran signed an interim peace deal.

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CNBC Finance

finance

Jun 26, 2026 · 1 min read

Why poor countries won’t restructure

Low-income countries are facing deeper shocks, but are refusing to restructure. Why?

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Financial Times (FT)

finance

Jun 26, 2026 · 3 min read

Red Lobster's Ultimate Endless Shrimp promotion described as a 'car crash for the company, lawsuit says

"Thai Union doubled down on a campaign to squeeze out every drop of value that it could," creditors said

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CNBC Finance