News

Trex Overhauls Distribution Network, Raises 2026 Outlook After Q2 Beat

TREX

Q4 Earnings Suprise Could Offer Trex Stock a Path to RecoveryTrex (NYSE:TREX) said it is overhauling its distribution network by appointing Specialty Building Products, or SBP, as its sole national distributor by year-end while expanding its roster of regional distribution partne

How US commerce secretary's Epstein links were uncovered by British whistleblower

Simon Andriesz made the discovery about Howard Lutnick in publicly released Epstein files.

'Nobody underwrote for that': Private credit faces a key test as higher rates squeeze borrowers

Private credit is facing a new pressure point from elevated rates, which could hit under-pressure borrowers.

AI agents could change how software companies get paid, Sierra co-founder says

AI, PAYD

AI agents are designed to do more than answer questions. They are meant to complete tasks. Sierra co-founder Clay Bavor joins CNBC's Arjun Kharpal to discuss how AI agents are moving from demos into real business workflows, especially in customer service, sales and support.

China exports jump at fastest pace since 2021 as AI boom, tariff rush lift trade

China's trade growth accelerated far more than expected in June, as booming global demand for AI hardware and a rush by exporters to beat anticipated tariff hikes turbocharged shipments.

Trump's Hormuz toll plans bring oil supply risks back in spotlight

President Donald Trump's plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus.

US Mexican food chain Chipotle to open first restaurant in Mexico

Other US fast food brands have struggled to succeed in the countries their dishes originated.

U.S. launches strikes against Iran for a third night, while Tehran targets Gulf neighbors

The U.S. has launched a third consecutive night of strikes against Iran, as Tehran targets U.S. military facilities in the region.

CNBC Daily Open: Hormuz toll threats, Mideast tensions keep investors on edge

Dwindling hopes of a Mideast peace deal and a tech sell-off sent U.S. benchmark indexes lower overnight, while Asia markets traded lower Tuesday.

Okta Fireside Chat Reveals Plan to Secure the Coming Wave of AI Agents

OKTA

Okta’s AI Moment May Be Bigger Than Investors RealizeOkta (NASDAQ:OKTA) executives outlined the company’s strategy for securing artificial intelligence agents during a technical session focused on product direction, identity governance and emerging enterprise risks tied to agenti