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Market Close: Stocks Higher, S&P 500 Hits New High, Inflation Lingers • 8/13/26
CNBC Television· 2026-08-13 20:21
CNBC market close business news update Thursday. I'm Jessica Edinger. Major averages all in the green with the Dow up 69 points, a tenth of a percent.It was led higher Thursday by shares of Salesforce. They were up 4%. The S&P 500 index up 50 points.That was a half percent. The Nasdaq rose 214 points. That was 8/10en of 1%.Companies whose shares hit fresh all-time highs on Thursday include JP Morgan, Charles Schwab, US Bank Corp, and Bank of America. Live Nation Entertainment, the concert company, Olive Gar ...
Market Midday: Stocks Mixed, S&P 500 Hits Record, Gen Z Pessimism • 8/13/26
CNBC Television· 2026-08-13 17:43
CNBC midday business news update. I'm Jessica Edinger. Markets have turned mixed this afternoon with the Dow now in the red being dragged lower by shares of Cisco.Those are down almost 9%. The S&P 500 index though hitting a fresh record high today. Let's start with the Dow.It's down 86 points. Cisco leading it lower. The S&P 500 index up 31 points, almost a half percent.The Nasdaq adding 145 points. That is a half a percent. Most of the chip makers this afternoon are in the green.Companies whose shares have ...
The BRICS Just Exposed What's Coming... XRP Investors Listen Now!
Ever since the cold card firmware flaw hit the space, cold storage devices are now getting targeted. The cold card firmware flaw is now up to almost 2,000 plus Bitcoin getting wiped from over 7,000 plus wallets, which is just insane. But on top of that, many other cold storage opportunities out there in the space, like for an example, Treasure, are also getting targeted with paid ads to impersonate legit sites through fishing sites.This is insane. This is why this is probably one of the best times to be loc ...
The original “AI” con #Vergecast
The Verge· 2026-08-13 15:00
Joseph Weisenbab is quite an incredible character and he's particularly fascinated by the American notion of the con. He works for General Electric um who at the time had been tasked with producing a new computer system uh really to save the banking system in America because of the use of paper checks. The quantity of checks was so huge that they couldn't be managed by uh human tellers anymore.So they needed to computerize the system and vice was very much part of that computerization process and he almost ...
China Is New Swing Buyer of Oil, Blanch Says
Bloomberg Television· 2026-08-13 14:18
Francisco Blanche of Bank of America writing, we do not think the world has a crude oil problem right now, but are very worried about fuel availability. Francisco joins us now for more. Francisco, wonderful to see you. Great to see you, Lisa.What's going on. Why are oil prices declining today. Well, I mean, look.The the market is incredibly volatile. We have this news that maybe there's more more crude oil coming through, The Strait, but, we still have three of the world's, four main refining centers, basic ...