DeepSeek founder’s quant fund piles into China tech IPOs
Liang Wenfeng, founder of startup DeepSeek, delivers the keynote speech during the 10th China Private Equity Golden Bull Awards on August 30, 2019 in Shanghai, China. Vcg | Visual China Group | Getty Images DeepSeek, the lab that put Chinese artificial…
FDA approves Gilead HIV pill Bixlenvo designed to simplify treatment
Gilead Bixlenvo drug Courtesy: Gilead The Food and Drug Administration approved a once-daily HIV pill from Gilead that could help simplify care for some patients, the company announced Thursday. The drug, marketed as Bixlenvo, is aimed at patients whose…
Fed Chairman Kevin Warsh delivers his key Jackson Hole speech Friday
Federal Reserve Chairman Kevin Warsh speaks during a news conference at Federal Reserve headquarters in Washington, July 29, 2026. Win Mcnamee | Getty Images The Federal Reserve‘s cryptic chairman is set to deliver his much-awaited keynote address…
Cramer says Nvidia and Salesforce earnings upended two bear narratives
CNBC’s Jim Cramer on Thursday said strong earnings results from Nvidia and Salesforce shattered two of Wall Street’s biggest tech bear narratives, sending both stocks soaring. «We were in the grip of some lies and damn lies, backed by…
UAE ‘spy sheikh’ takes 49% stake in Trump family crypto bank venture
United Arab Emirates national security advisor, Sheikh Tahnoon bin Zayed Al Nahyan, meets with President Donald Trump at the White House, March 18, 2025. Courtesy: Donald J. Trump | Via Truth Social The powerful United Arab Emirates official known as the…
Gap Q2 2026 earnings
Gap on Thursday announced a new CEO for its Old Navy banner, effective Nov. 2, as the retailer tries to reinvigorate sluggish sales performance at the brand. Michael Francis, who was appointed the chief customer officer at Old Navy in May, will take over…
Okta skyrockets 29% and CrowdStrike surges 17%, leading cyber rally
Jonathan Raa | Nurphoto | Getty Images CrowdStrike and Okta shares surged on Thursday after earnings showed that artificial intelligence adoption is pushing customers to spend more on cybersecurity tools. Both companies beat Wall Street’s estimates…
Trump signs order to rename Lake Ontario ‘Lake America’ amid Canada trade war
U.S. President Donald Trump speaks during an event in the Oval Office of the White House on August 27, 2026 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images President Donald Trump on Thursday signed an executive order that he said will…
Salesforce stock soars, on track for second-best day ever
Shares of Salesforce jumped more than 20% Thursday after the company reported a beat on second-quarter earnings and announced an expanded partnership with artificial intelligence startup Anthropic. The stock is on pace for its second-best day ever,…
James Talarico teams with Mark Cuban on new healthcare ‘monopolies’ plan
Texas Senate candidate James Talarico (D-TX) speaks at a campaign rally on March 2, 2026 in Houston, Texas. Talarico is visiting various locations around the state in the lead up to tomorrow’s primaries. Danielle Villasana | Getty Images Texas…