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Jeff Green, CEO of The Trade Desk.Scott Mlyn | CNBCShares of The Trade Desk plummeted 39% on Friday, their worst day on record, after the ad-tech company announced the departure of its CFO and analysts expressed concerns about rising competition from Amazon.The Trade Desk, which went public in 2016, suffered its steepest prior drop in February, when the shares fell 33% on a revenue miss. In its second-quarter earnings report late Thursday, the company beat expectations on earnings and revenue, but the results failed to impress investors.The Trade Desk, which specializes in providing technology to companies that want to target users across…

This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money.Corey Retell was always aware of a certain level of privilege.By the standards of Buffalo, New York, his parents fell short of “crazy wealthy,” he says. But Retell and his brother enjoyed the familiar trappings of what he calls a silver-spoon upbringing: regular vacations, a big house, luxury cars and enrollment at an elite private high school.By 2017, having graduated from the University of Pennsylvania debt-free with a degree in philosophy, politics and economics, he’d figured he’d been given…

Artificial intelligence has been a shot in the arm for digital advertising.Meta and Alphabet both reported sales and earnings that beat Wall Street’s expectations, but the strength in digital ad spend was notable.Meta CEO Mark Zuckerberg said during the earnings call that AI helped imbue “greater efficiency and gains across our ad system,” thus contributing to the 22% year-over-year increase of second-quarter sales that hit $47.52 billion.Meta finance chief Susan Li also told analysts during a follow-up earnings call on July 30 that the online ad market appears to have improved since April.In April, Li noted that Asia-based online retailers…

Paris Saint-Germain have signed Lille goalkeeper Lucas Chevalier on a five-year contract for a fee of €40 million ($47 million) plus an additional €15 million ($17m) in potential bonuses, sources told ESPN.Official confirmation will occur in the next few hours, but Chevalier, 23, has passed his medical in Paris and will be their new No. 1 goalkeeper. It leaves Gianluigi Donnarumma, who played a key role in PSG’s history-making season last year, to find a new club this summer.PSG do not want to keep the Italy international and have two top keepers in the squad this season, sources said. The…

Celtic boss Brendan Rodgers is not expecting any imminent new signings as he vows to focus on the players he already has. The Scottish champions have made seven summer signings, but three have been free transfers with Jahmai Simpson-Pusey joining on loan from Manchester City. There are questions about whether the board have sufficiently backed the manager this window – winger Nicolas Kuhn left for Como earlier this month – and some supporters want more attacking options after talisman Kyogo Furuhashi left in January, while Jota is expected to miss a large spell of this campaign through injury. Sunday 10th…

Lip-Bu Tan, CEO of Intel, appears at an event organized by the company.Andrej Sokolow | Picture Alliance | Getty ImagesIntel CEO Lip-Bu Tan addressed “misinformation” about his previous roles after President Donald Trump called for his resignation and raised ethical concerns.” I want to be absolutely clear: Over 40+ years in the industry, I’ve built relationships around the world and across our diverse ecosystem – and I have always operated within the highest legal and ethical standards,” he wrote in a memo to employees on Thursday.Tan said that Intel is working with the White House to address the situation and that…

Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty ImagesBed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first new Bed Bath & Beyond store in Nashville, Tennessee, on Friday with potentially dozens of more to come. This time around, the store has a new name — Bed Bath & Beyond Home — and marks a “fresh start” for the beloved brand, said Amy Sullivan,…

Ethan Nwaneri has signed a new long-term contract with Arsenal. Sky Sports News understands the 18-year-old has penned a five-year deal. England U21 international Nwaneri became the youngest player in Premier League history when he made his Gunners debut in 2022.He has gone on to make 39 appearances for the Gunners in all competitions, including 16 starts. Image: Ethan Nwaneri’s heat map and stats for Arsenal in the Premier League last season “Signing this contract means everything to me,” he told the club website. “I see this as my first real season in men’s senior football, as part of the squad in…

Gold futures hit a record high on Friday after U.S. authorities said tariffs should be imposed on some gold bars — and some strategists say there is more upside ahead for the metal. U.S. gold futures for December delivery touched on an all-time high of $3,534.10 on Friday morning, before climbing down to trade at around $3,495 by 10 a.m. ET. Spot gold , meanwhile, was little changed at around $3,400 per ounce. @GC.1 1D line Gold futures price It came after a “ruling” letter from the U.S. Customs and Border Protection agency (CBP) suggested cast gold bars from Switzerland…

U.S. President Donald Trump speaks during an event to honor recipients of the Purple Heart in the East Room of the White House on August 07, 2025 in Washington, DC. Anna Moneymaker | Getty ImagesPresident Donald Trump on Friday warned U.S. courts against blocking his tariff policy, citing its “positive impact” on the stock market and saying such a move could cause a severe economic downturn.”If a Radical Left Court ruled against us at this late date, in an attempt to bring down or disturb the largest amount of money, wealth creation and influence the U.S.A. has ever seen, it…