Top News - CNBC

1. Amazon hikes 2026 capex to $220 billion due to higher memory costs

2. AI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say

3. Reddit shares sink 11% on 'choppy' search referrals even as results blow past estimates

4. Meta sinks 8%, continuing record losing streak, while Microsoft jumps 15% as AI trade splits

5. Anthropic says its Claude models 'gained unauthorized access' to other organizations' systems

6. Nexus Data Centers in advanced talks to secure $15B for Google-backed Anthropic data center

7. Rivian reduces 2026 spending plans, narrows earnings guidance

8. Trump promised a 'golden age' for agriculture. Farmers in Iowa say they're still waiting

9. Fast-fashion retailer Shein’s 3-year IPO odyssey cost it the ‘golden time’ to go public

10. Jersey Mike's stock falls 6% in public market debut after pricing shares at $23

11. Jim Cramer says this hedge fund's blowup reveals the hidden risks of leverage

12. Amazon soars after CEO Andy Jassy makes the case for its massive AI investment

13. China’s open-weight model lead exposes America’s AI blind spot

14. Coinbase shares fall after crypto exchange posts disappointing second-quarter results

15. Microsoft's Xbox chief lays out plan to pass rivals on margin by 2030 in memo to employees

16. Trump says sanctions bill should include tariffs on Iran, despite 'trivial' trade with U.S.

17. OpenAI cuts prices for two of its GPT-5.6 AI models as companies grow sensitive to costs

18. AMD and Micron surge, Lam Research climbs 17% as chip stocks rip higher

19. UEFA threatens World Cup boycott over FIFA private equity investment plan

20. 'The Odyssey' extends stay in 70 mm Imax theaters as shows sell out weeks in advance