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Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?
just now

The first three-plus years of the AI buildout has been funded by record amounts of equity and debt issued by leading tech companies. Nvidia has a new idea.

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Hormuz deadlock: Where oil prices could head next as prospects for an imminent deal fade
47 minutes ago

Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever.

Read more 47 minutes ago on CNBC
'That's a good idea': U.S. and Iran trade reparation demands as Hormuz deal hopes fade
58 minutes ago

The dueling positions Washington and Tehran staked out showed how far apart the two sides remain even as both talked of winding down regional hostilities.

Read more 58 minutes ago on CNBC
FIFA World Cup 'will never be as profitable' if Infantino is ousted, Trump warns amid global soccer revolt
59 minutes ago

President Gianni Infantino pushed FIFA's commercialization drive, which culminated in the largest, most profitable World Cup on record

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Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit
70 minutes ago

IHG reported higher first-half profit as U.S. demand accelerated and Middle East disruption weighed on travel.

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U.S. judge ends graft case against Indian billionaire Gautam Adani
79 minutes ago

A U.S. federal judge has approved the Department of Justice's decision to dismiss the criminal probe against Indian billionaire Gautam Adani on graft charges.

Read more 79 minutes ago on CNBC
Eli Lilly takes weight-loss pill battle global with first Foundayo approval outside U.S.
2 hours ago

Lilly's Foundayo wins U.K. approval, taking its weight-loss pill battle with Novo Nordisk's Wegovy beyond the U.S. market.

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U.S. oil tops $84 as Hormuz deal hopes dwindle and deadlock deepens
2 hours ago

U.S. crude is back above $84 as last week's anticipation of a U.S.-Iran deal dissipates.

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Treasury yields up as oil prices jump and investors await inflation data
3 hours ago

U.S. Treasury yields edged higher Tuesday as investors await July's inflation data print amid ongoing Iran tensions.

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Zelenskyy warns Putin is preparing for escalation by bringing in North Korean military equipment
3 hours ago

His comments come shortly after deadly Russian attacks on cities across Ukraine overnight.

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Intel upsizes stock offering to $20 billion at $95 per share as AI demand accelerates
4 hours ago

Technology giants have shelled out trillions to support insatiable AI demand and the infrastructure buildout.

Read more 4 hours ago on CNBC
Singapore revises its annual growth forecast sharply higher on AI-related boost
8 hours ago

GDP growth for 2026 is now expected to come in at 4.5% to 5.5%, more than double the low end of its previous forecast of 2%-4%

Read more 8 hours ago on CNBC
Trump Media posts $238 million second-quarter loss as crypto declines
13 hours ago

TMTG said it has signed more than 10 customer agreements for Truth API, the service offering faster access to President Donald Trump's posts.

Read more 13 hours ago on CNBC
OpenAI wraps $7 billion share sale ahead of potential IPO
13 hours ago

OpenAI's tender offer has been in the works since the company closed its record-breaking $122 billion funding round in March.

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Trump says he spoke recently to Fed Chairman Warsh, denies regular calls
14 hours ago

The president said he had recently been in touch with the Fed chairman, but denied regular contact amid concerns about central bank independence.

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Trump signs executive order calling for fewer childhood vaccines, falsely linking shots to autism
14 hours ago

The order builds on the Trump administration's efforts to reshape the childhood shot schedule under HHS Secretary RFK Jr., a longtime vaccine skeptic.

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Boeing sells eVTOL subsidiaries, takes stake in Archer
15 hours ago

Boeing is selling three of its subsidiaries to Archer Aviation in exchange for a stake in the eVTOL startup.

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SpaceX stock rebounds, closing above $135 IPO price for first time in weeks
15 hours ago

SpaceX reported better-than-expected revenue in its second-quarter earnings report last week.

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Meta's latest model advances Zuckerberg's vision for personal AI assistants
16 hours ago

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Read more 16 hours ago on CNBC
HHS moves to tighten oversight of food ingredients as safety concerns mount
16 hours ago

HHS moves to tighten oversight of food ingredients and define ultra-processed foods as food safety concerns raise questions about FDA visibility.

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OpenAI expands Daybreak cybersecurity initiative as AI agent threats evolve
17 hours ago

The company introduced Daybreak in May as a way for its ecosystem partners to use its most advanced AI models to adapt to a rapidly changing threat landscape.

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Oil in U.S. Strategic Petroleum Reserve falls below 300 million barrels, lowest since 1983
17 hours ago

U.S. presidents have increasingly ordered massive releases from the SPR in recent years.

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Interest rates may stay higher for longer. What that means for consumers
19 hours ago

Any move toward higher rates would increase borrowing costs for consumers at a time when affordability pressures are already mounting.

Read more 19 hours ago on CNBC
World's biggest chipmaker TSMC's sales surge 45% amid buoyant AI demand
22 hours ago

TSMC makes chips for Big Tech customers like Nvidia and Google, so the firm's financial figures are closely watched as a sign of AI semiconductor demand.

Read more 22 hours ago on CNBC
Meta to open source its most powerful AI model as it takes swipe at OpenAI, Anthropic
23 hours ago

Meta launched Muse Glimmer and plans to release Muse Spark 1.2 weights as Zuckerberg pushes for U.S. leadership in open AI.

Read more 23 hours ago on CNBC
Student loan borrowers face steeper 'marriage penalty' under new repayment plan
23 hours ago

Recent changes to the federal student loan system could impact married couples. Here's what borrowers should consider.

Read more 23 hours ago on CNBC
Santoli: Stocks return to winning ways. Why the market gods may not be satisfied with July's brief pain
24 hours ago

The stock market's winning history – a hit rate of 100% over any past 20-year span - is well understood. But investors recognize – or need to – the genuine hazard in equities.

Read more 24 hours ago on CNBC
Australian rare earth miner surges after U.S. Department of Defense investment
24 hours ago

The Trump administration has backed plans to build an Australian scandium mine as part of a push to challenge China’s critical minerals dominance.

Read more 24 hours ago on CNBC
OpenAI tightens controls on its new model over cybersecurity risks, as AI security debate intensifies
yesterday

The AI lab said it could not rule out a new model had reached "Critical" capability, meaning it could launch cyberattacks against sophisticated cyber defenses.

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Shein faces existential threat as tariffs hit low-price model, putting new focus on services
yesterday

Shein has won over consumers with its low prices but is now seeing shoppers flee after new tariffs and changing regulations forced it to raise prices.

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