CNBC.com’s Pippa Stevens brings you the day’s top business news headlines. On today’s show, CNBC.com’s MacKenzie Sigalos reports on ethereum’s London hard fork update and what it means for miners. Plus, President Joe Biden announces a new electric vehicle initiative with carmakers, but Tesla is left out of the event.
00:00 – CNBC After Hours, August 5, 2021
0:23 – S&P posts new record close
1:01 – Ethereum gets a major upgrade
2:56 – Numbers Round
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Ethereum upgrade marks beginning of the end for traditional ether mining: CNBC After Hours