Chip stocks suffer worst stretch in 16 months as AI fatigue grips the market
Anticipation is building for Anthropic’s investor day, as Wall Street grows less patient with heavy AI spending.
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JPMorgan Chase blocks outside AI agents like Muse, Instinct from directly accessing accounts
JPMorgan Chase won't allow outside artificial intelligence agents to access customer accounts and operate on their behalf, CEO Jamie Dimon said Tuesday, citing risks to the company and its customers as tech firms includ…
More Republicans come out against Trump's diesel deal with Putin
More Republicans are speaking out against President Donald Trump's decision to let Vladimir Putin's Russia temporarily export diesel fuel on the global market, expanding the bipartisan blowback over the deal.
Michael Dell says AI needs safeguards and controls, and government has a role to play
Dell Technologies CEO Michael Dell said that artificial intelligence models "have to have safeguards and controls" as the debate rages on over the threats the rapidly evolving technology could pose to humans.
Gen Z renters are the only group more likely to feel successful by investing than buying a house
“Instead of focusing on homeownership, many are prioritizing financial freedom and debt-free living.”
Airport attacks put aviation in crosshairs of geopolitical conflicts
Deadly attacks on Saudi Arabia's second-busiest airport over the past week are highlighting how conflicts in the Middle East are upending air travel on a larger scale.
Walmart to cover some GLP-1s, inhalers and insulin for employees at no cost as it expands benefits
Walmart plans to cover more than 250 prescriptions, including some insulin, inhalers and GLP-1s for diabetes, at no cost to its employees in 2027, the company confirmed to CNBC on Tuesday.
SpaceX Pauses After Strong Recovery Rally
The US dollar surged across the board on Wednesday on the more hawkish than expected dot plot (the consensus was looking for no cuts or hikes this year). The median dot showed one rate hike this year and some of those h…
Anthropic to disclose new revenue numbers as AI lab financials become central to tech trade
Anthropic plans to disclose its third-quarter financials for the first time at a meeting with potential investors on Wednesday as the artificial intelligence giant prepares for what could be the largest initial public o…
Bank Earnings Q3 2026: Goldman +30% Beat, JPMorgan Misses Revenue
Goldman Sachs Group Inc. reported third-quarter revenue of $18.68 billion, surpassing the consensus estimate of $16.71 billion. The surge was driven by a 72% increase in equities trading revenue to $6.44 billion, which …
Apple releases HomeView smart home hub with screen as showcase for Siri AI
Martin Shkreli violated lifetime pharma industry ban, FTC and states say in contempt claim
Shkreli was banned from the pharmaceutical industry after a trial found that he organized an illegal scheme to perpetuate a monopoly for the drug Daraprim.
Hedge-fund legend Paul Tudor Jones says the stock market faces a really challenging 2027. Here’s why.
U.S. stocks could face a serious test in 2027 as a tsunami of new equity issuance threatens to upend the artificial-intelligence-driven bull market, according to hedge-fund billionaire Paul Tudor Jones.
The latest inflation data is expected to show price increases are accelerating
Wednesday's closely watched reading on consumer prices could show intensifying inflationary pressures as energy costs keep climbing.
Who should pay for a birthday dinner? I always treat my guests.
“I feel like I just end up paying for other people’s birthday dinners a lot, as well as my own, which is an imbalance.”
White House has asked Ambassador Kimberly Guilfoyle to resign, new Trump press secretary says
The White House has asked U.S. Ambassador to Greece Kimberly Guilfoyle to resign, press secretary Katie Zacharia said Tuesday in her debut briefing.
Why this little known Chinese chipmaker has caused a global stock rout
China's leading memory chipmaker CXMT has reportedly made progress on new designs.
Six Flags’ stock slumps toward 16-year low after fatal incident
A fatal accident on a Six Flags Entertainment roller coaster sent shares of the amusement-park operator near the lowest level of the year.
Stocks Settle Lower as Crude Prices Jump and Chipmakers Fall
The S&P 500 Index SPY closed down by -0.47% on Thursday, the Dow Jones Industrial Average DIA closed up by +0.10%, and the Nasdaq 100 Index QQQ closed down -1.39%. December E-mini S&P futures (ESZ26) fell -0.41%, and De…
Iran reportedly fortifies nuclear sites as it prepares for possible U.S. strikes after midterms
A Saudi-led coalition fighting the Houthis – a Yemeni militant group backed by Tehran – said it had intercepted another attack on Riyadh.
‘Breaking Bad’ star Aaron Paul sells L.A. home for $7.5 million; he now lives in Paris
“Breaking Bad” star Aaron Paul has finally found a buyer for his historic Los Angeles home, selling the storied property for $7.495 million more than a year after putting it on the market.
Paul Tudor Jones says 2027 could be a really challenging year for the stock market
Legendary hedge fund manager Paul Tudor Jones told CNBC that next year could be a tough one for the stock market because of increased equity supply from big tech IPOs coming down the pipe, as well as a potential reckoni…
JPMorgan shares fall as profit misses, fixed-income trading revenue disappoints
I called Steve Hanke on the afternoon of July 14, days after he’d flagged something he called a dual bubble forming in AI markets, and one day after IBM suffered the worst single-day stock crash in its 115-year history.…
UnitedHealth keeps medical costs under control — and raises its outlook again
The health-insurance giant said its medical-cost ratio was 88.4% in the third quarter of this year, as the company tries to rein in spending on medical care.