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Family offices prefer to bet on AI boom with stocks versus startups and VC funds

Family offices prefer to bet on AI boom with stocks versus startups and VC funds

Young Asian woman holding smartphone with a computer generated background. Innovation, metaverse and futuristic concepts. Oscar Wong | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Investment […]

Family offices prefer to bet on AI boom with stocks versus startups and VC funds Read More »

YouTube TV, NBCUniversal warn of impending carriage dispute that could lead to network blackout

YouTube TV, NBCUniversal warn of impending carriage dispute that could lead to network blackout

INGLEWOOD, CALIFORNIA – NOVEMBER 17: A detail view of a NBC Sunday Night Football video camera during the first half between the Cincinnati Bengals and the Los Angeles Chargers at SoFi Stadium on November 17, 2024 in Inglewood, California. Ric Tapia | Getty Images Sport | Getty Images YouTube TV subscribers may soon be without

YouTube TV, NBCUniversal warn of impending carriage dispute that could lead to network blackout Read More »

Taylor Swift music producer Jack Antonoff slams Live Nation CEO claims of ‘underpriced’ concert tickets

Taylor Swift music producer Jack Antonoff slams Live Nation CEO claims of ‘underpriced’ concert tickets

Jack Antonoff speaks on stage at “Up Close & Personal” In My Studio With…Jack Antonoff at The Village Recording Studio on Aug. 11, 2025 in Los Angeles, California. Unique Nicole | Getty Images Acclaimed music producer Jack Antonoff is rejecting claims by Live Nation Entertainment CEO Michael Rapino that concert tickets are still “underpriced.” The

Taylor Swift music producer Jack Antonoff slams Live Nation CEO claims of ‘underpriced’ concert tickets Read More »

Costco tops earnings, revenue estimates as warehouse club wins over younger members

Costco tops earnings, revenue estimates as warehouse club wins over younger members

A Costco store in Richmond, California, US, on Thursday, May 29, 2025. David Paul Morris | Bloomberg | Getty Images Costco on Thursday posted fiscal fourth-quarter earnings and revenue that topped analyst estimates. The warehouse club does not share an annual outlook with Wall Street. It will hold an earnings call at 5 p.m. ET.

Costco tops earnings, revenue estimates as warehouse club wins over younger members Read More »

Starbucks to close stores, lay off workers in  billion restructuring plan

Starbucks to close stores, lay off workers in $1 billion restructuring plan

In the message to employees Thursday, Niccol said the company had reviewed and identified stores where the company would be “unable to to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance.” Starbucks executives had previously said that the company would be slowing new openings

Starbucks to close stores, lay off workers in $1 billion restructuring plan Read More »

CarMax stock plummets 20% following ‘challenging’ quarter that missed Wall Street’s expectations

CarMax stock plummets 20% following ‘challenging’ quarter that missed Wall Street’s expectations

A sign is posted in front of a CarMax dealership on April 10, 2025 in Santa Rosa, California.  Justin Sullivan | Getty Images News | Getty Images DETROIT — Shares of CarMax were down by more than 20% in early trading Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations.

CarMax stock plummets 20% following ‘challenging’ quarter that missed Wall Street’s expectations Read More »

Walmart teams up with Spain’s La Liga, furthering the retailer’s investment in soccer

Walmart teams up with Spain’s La Liga, furthering the retailer’s investment in soccer

Real Madrid’s Spanish defender #20 Francisco Garcia fights for the ball with Barcelona’s Spanish forward #19 Lamine Yamal during the Spanish league football match between FC Barcelona and Real Madrid CF at Estadi Olimpic Lluis Companys in Barcelona, on May 11, 2025. Lluis Gene | Afp | Getty Images Walmart is bringing its brand to

Walmart teams up with Spain’s La Liga, furthering the retailer’s investment in soccer Read More »

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