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Under Armour splits with Steph Curry as it focuses on strengthening core brand
CNBC· 2025-11-14 06:32
Stephen Curry #30 of the Golden State Warriors looks on during the game against the Sacramento Kings during the 2024 Play-In Tournament on April 16, 2024 at Golden 1 Center in Sacramento, California.Under Armour and Stephen Curry have mutually agreed to end their 13-year partnership effective immediately, they said on Thursday. The sudden announcement separates Curry Brand, which makes basketball shoes and apparel, from Under Armour. Curry will maintain sole ownership of Curry Brand and is free to find anot ...
AI isn't a bubble but rather an opportunity, JPMorgan's Erdoes says
CNBC· 2025-11-14 06:04
投资机会 - 摩根大通资产与财富管理首席执行官认为投资者应关注人工智能带来的未来机会而非当前是否存在泡沫 [1] - 人工智能带来的机会尚未被充分认识或理解 [1] - 行业正处于人工智能诸多应用的起点阶段 [2] 市场估值与表现 - 市场对于人工智能相关公司的估值倍数存在分歧 公司尚未通过实际使用完全体现价值 [2] - 对英伟达 AMD等众多人工智能相关公司估值飙升的担忧导致市场反复波动 [2] - 股市出现抛售 录得一个多月以来最差单日表现 [3] - 尽管存在波动 市场仍徘徊在历史高点附近 [2]
Trump tariffs are helping drive U.S. beef prices to new highs
CNBC· 2025-11-14 06:01
President Donald Trump is blaming the meat packers and U.S. cattlemen for rising beef prices, but the tariffs on beef from Brazil, Australia, New Zealand, Uruguay, feed, farm equipment and machinery are all adding to the price surge.The United States is a big buyer of Australian, Brazilian, and New Zealand beef exports.Brazil is the second-largest beef-producing country and the largest beef-exporting country in the world.Brazilian beef exports tracked by Panjiva plummeted in July and August after multiple t ...
StubHub beats on revenue in first earnings report since IPO, but stock slides
CNBC· 2025-11-14 05:44
Ticket reseller StubHub signage on display at the New York Stock Exchange for the company's IPO on Sept. 17, 2025.StubHub shares sank 5% in extended trading on Thursday after the company reported quarterly results for the first time since its initial public offering in September.Here's how the ticket vendor did in comparison with LSEG consensus:Loss per share: $4.27Revenue: $468.1 million vs. $452 million expectedRevenue increased 8% in its second quarter from $433.8 million a year earlier, the company said ...
Google says group behind E-ZPass, USPS text scam has been 'shut down' after suit
CNBC· 2025-11-14 05:31
The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany.Google said on Thursday said it has disrupted the foreign cybercriminal group behind a massive SMS text phishing operation within 24 hours of filing its lawsuit."This shut down of Lighthouse's operations is a win for everyone," said Google general counsel Halimah DeLaine Prado. "We will continue to hold malicious scammers accountable and protect consumers."Google filed the suit early Wednesday, seeking t ...
Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk
CNBC· 2025-11-14 03:58
产品召回事件 - 公司召回约10,500台家用备用电池Powerwall 2 [1] - 召回原因为特定Powerwall 2系统中的锂离子电池电芯可能导致设备在正常使用中停止工作 [1] - 该缺陷可能引发过热 并在某些情况下产生烟雾或火焰 造成火灾和烧伤危险 可能导致死亡或严重伤害 [1] 事件原因与影响 - 公司将问题归因于第三方电池电芯缺陷 但未指明具体供应商 [2] - 公司此前收到22起Powerwall 2过热客户报告 其中包括5起火灾 导致轻微财产损失 无已知人员受伤报告 [2]
MLS games head to Apple TV in 2026 as Season Pass subscription ends
CNBC· 2025-11-14 03:57
Inter Miami CF forward Lionel Messi (10) scores a goal during the first half against the New England Revolution at Gillette Stadium.Major League Soccer is stepping onto a bigger stage next year, when all of its matches will find a new home on Apple TV.Beginning in the 2026 season, MLS games will be available on Apple's flagship streaming platform, which currently includes Major League Baseball games as well as scripted series like "Severance."The move marks a big shift for both the league and Apple's media ...
Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts
CNBC· 2025-11-14 03:36
Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on Oct. 29, 2025 in Washington, DC.Federal Reserve Chair Jerome Powell wasn't kidding a couple weeks ago when he said a December rate cut wasn't in the bag.Recent remarks from Powell's colleagues point to plenty of apprehension over whether the central bank should deliver its third consecutive easing of policy when it meets Dec. 9-10.As a result, markets have re ...
Wall Street cools on Oracle's buildout plans as debt concerns mount: 'AI sentiment is waning'
CNBC· 2025-11-14 03:31
Oracle CEO Clay Magouyrk speaks at a Q&A following a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025.Two months ago, Oracle's stock had its best day since 1992, soaring 36% to a record after the company blew away investors with its forecast for cloud infrastructure revenue.Since then, the company has lost one-third of its value, more than wiping out those gains. Midway through November, the stock is on pace for its worst month since 2011.The hype was sparked by Oracle's strengthen ...
Treasury yields rise as investors cheer end of government shutdown
CNBC· 2025-11-14 03:06
U.S. Treasury yields held steady on Thursday as investors welcomed the end of the longest government shutdown in U.S. history.The 10-year Treasury yield rose more than 2 basis points to 4.108%. The 2-year note yield was also up more than 2 basis points at 3.587%, while the 30-year bond yield climbed more than 3 basis points to 4.70%.One basis point is equal to 0.01% and yields and prices move in opposite directions. ...