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This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Wednesday. This year’s FIFA World Cup is not over yet. But as CNBC’s Alex Sherman reports, media companies are already looking at ways to acquire the rights to the next show.Stock futures plunged this morning after President Donald Trump said the ceasefire between the United States and Iran was “over,” reigniting concerns about a broader Middle East conflict.The average of the three major stocks recorded losses yesterday.Here are five important things investors need to know to start their trading day.1. Focus on oilSailors observe the…
Khloe Kardashian had doubts about doing her own show with Lamar Odom”Khloe & Lamar” first aired on E! on April 10, 2011, and seemed like a natural spinoff from the mothership “Keeping Up With the Kardashians,” which already spawned “Khloe & Kourtney Take Miami” and “Kourtney & Kim Take New York.” But according to Chloe, now 41, that wasn’t her idea. “Khloe and Lamar were very guided by Lamar,” she said in a written statement. “I was really thin. And I didn’t really want to jeopardize the family brand, which was Keeping Up at the time. I thought there were…
European teams made it through the World Cup’s round of 16, leaving Argentina and Morocco as the only non-UEFA nations remaining.Morocco didn’t need Ismael Saibari against Canada, but the Atlas Lions will be without him if they hope to match their 2022 feat of reaching the semifinals.Recommended stories list of 4 itemsend of listEgypt, Africa’s other Round of 16 representative, cornered Argentina, but fell victim to some questionable calls and non-decisions. Hossam Hassan accused officials of favoring Argentina, but he was not the first to do so.The United States and President Donald Trump have filed a lawsuit with FIFA to…
Check out the companies making headlines before the bell: Fiserv — Fintech stocks rose more than 5% after the Wall Street Journal reported, citing sources, that Fiserv is in talks with major U.S. banks, including JPMorgan and Bank of America, to sell its payments infrastructure business, which handles debit card transactions. Vertex Pharmaceuticals, Crinetics Pharmaceuticals — Vertex will acquire Crinetics in a $10 billion deal to acquire treatments for rare hormonal diseases, the companies announced Monday. Vertex stock fell nearly 1%. Crinetics stock has nearly doubled. First Solar — The solar module maker rose nearly 3% after Deutsche Bank upgraded…
Jeff Bezos’ Blue Origin has raised about $10 billion in its first external funding round that values the rocket company at $130 billion, people told CNBC’s Andrew Ross Sorkin. Mr. Bezos will invest $2 billion in the round, in addition to about $4 billion from his hedge fund Corchu Management, said the people, who requested anonymity because the details are private. There is significant demand for the remaining $4 billion, with several large investors expected to participate. Funding rounds heat up following Elon Musk’s blockbuster initial public offering space x last month. SpaceX raised nearly $86 billion, including underwriter options,…
Paris — Let the people decide. That was the defiant message from two of the world’s most famous populists on Tuesday, when Nigel Farage and Marine Le Pen announced within hours of each other that they were willing to defy their own country’s norms to get the same opinion before the same jury, as mainstream politics in France and Britain currently hang in the balance. In France, Marine Le Pen announced her defiant fourth presidential bid on the evening news, just hours after a court said she was legally able to do so. At a sweltering court in central Paris,…
Already, 40 teams remain in the United States or are on their way to compete for soccer’s ultimate championship at the 2026 FIFA World Cup.The top four seeds all advanced, but who will survive after 100 of the tournament’s 104 games have been played?Moroccan defender Javad El Yamik (#18) reacts after losing the semi-final match against France at the 2022 World Cup at Al Bayt Stadium in Doha, Qatar (Yukihito Taguchi/USA TODAY Sports)Atlas Lions seek revenge on FranceQuarterfinal 1: France v Morocco – Thursday, 20:00 GMT – BostonRecommended stories list of 4 itemsend of listThis will be a long-awaited rematch…
Rivian all-electric vehicle motherboard.Michael Weiland/CNBCRivian Automotive Shares fell 18% on Tuesday after the electric vehicle maker announced a public offering of 75 million shares of its Class A common stock.Tuesday’s stock performance was the worst since 2024 and the fifth-worst day on record.The capital increase was made during after-hours trading after Rivian shares rose 8.1% on Monday. The stock rose 19% last week as well.Based on Monday’s closing price of $20.14 per share, Rivian will raise approximately $1.51 billion in the offering. Rivian said in a filing that it plans to use the proceeds to fund an equity stake as…
As businesses new and old rush to take advantage of AI, many AI startups say their revenues aren’t just growing, they’re accelerating rapidly and reaching their next milestone in a shorter time frame. The list of startups below reports such a flywheel growth pattern. One thing to note is that even though they use the term “ARR”, the underlying metrics these companies use are different. Some may refer to annualized recurring revenue (ARR), or contractual revenue that you pay for but have not yet billed. Some refer to annualized run-rate returns, and others project annual returns by calculating trailing 12-month…
OpenAI CEO Sam Altman speaks to journalists after meeting with U.S. House Minority Leader Hakeem Jeffries at the Capitol in Washington, DC, June 3, 2026. Brendan Smialowski AFP | Getty ImagesOpenAI announced it will make GPT-5.6’s Sol, Terra, and Luna models publicly available on Thursday, about two weeks after the artificial intelligence company limited the release to a “small group of trusted partners” at the request of the U.S. government.”Happy Architecture,” OpenAI CEO Sam Altman wrote in a post to X late Tuesday.OpenAI announced the model in June and initially agreed to release it to a select group of organizations…