Goldman Sachs' Ashok Varadhan pointed to three reasons for his constructive outlook. Read the original report.
Month: August 2026
Rockstar Energy founder Russ Savage told CNBC he now controls 12 million shares of Celsius Holdings, amounting to roughly 4.7% of the energy drink company. Read the original report.
Short interest in SpaceX fell to about 11% of the company's publicly traded shares Wednesday, down sharply from a peak of 34% last week, according to S3. Read the original report.
Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending. Read the original report.
CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt. Read the original report.
Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion. Read the original report.