A Carvana glass tower sits illuminated on Feb. 23, 2022, in Oak Brook, Illinois. Armando L. Sanchez | Tribune News Service | Getty Images Shares of online used-car retailer Carvana surged Thursday after the company said its second-quarter results would likely come in ahead of its earlier expectations as cost-reduction …

Pavlo Gonchar | Lightrocket | Getty Images Warner Bros. Discovery saw its stock rise for a second straight day Thursday, after announcing it had paid down a portion of its debt load this week. The financial update, announced Wednesday, had been overshadowed by the turmoil at its news outlet CNN, …

Cohere, an enterprise-focused generative artificial intelligence startup, has raised $270 million in a Series C round of venture capital which includes AI giant Nvidia as an investor. As big tech companies race to secure their positions over AI ecosystems, the enterprise giants are making multiple startup investments. In the new …

Former Vice President Mike Pence’s White House bid could highlight a clash over Social Security and Medicare that some of his Republican competitors, including Florida Gov. Ron DeSantis, have been keeping at arm’s length. Pence, who kicked off his campaign Wednesday, has set himself apart from most of the GOP …

The AirCare app shows air pollution, active fires, wind conditions and pollen levels on a map. CNBC While air quality in North America and Europe improved over the last decade thanks to stricter environmental regulations, extreme weather and record wildfires have raised new air pollution concerns. This week, smoke from …

An employee uses a flash grinder to smooth out the metal frame of a sports utility vehicle (SUV) on the production line at the General Motors Co. (GM) assembly plant in Arlington, Texas. Matthew Busch | Bloomberg | Getty Images DETROIT – General Motors plans to invest more than $500 …

Simpleimages | Moment | Getty Images Millionaires moved money out of stocks into cash and cash-like investments in the past year and may add to those allocations over the next 12 months, according to a new CNBC Millionaire Survey. But the average investor may not be wise to mirror the …

Momo Productions | Digitalvision | Getty Images Kids and teens under 18 in Louisiana may soon need their parents’ permission to sign up for online accounts, including for social media, gaming and more, under a newly-passed bill in the state. The measure, which still needs to be signed by the …

Chris Licht, Chairman and CEO, CNN Worldwide, speaks onstage during the Warner Bros. Discovery Upfront 2023 at The Theater at Madison Square Garden on May 17, 2023 in New York City.  Kevin Mazur | Getty Images Entertainment | Getty Images Warner Bros. Discovery CEO David Zaslav could have selected from …

NurPhoto | NurPhoto | Getty Images Check out the companies making headlines in midday trading. GameStop — The meme stock tumbled nearly 18% after the company fired CEO Matthew Furlong and appointed Ryan Cohen as executive chairman, effective immediately. The company didn’t provide a reason for the termination. related investing …