SEC is close to ending mandatory quarterly earnings reports that Trump called for
The SEC formally proposed a rule change that would allow companies to file semiannual reports on a new form, 10-S, in place of the traditional quarterly10-Qs
Stocks making the biggest moves midday: Shopify, Advanced Micro Devices, PayPal, Intel, Coinbase & more
Here are the stocks making headlines in midday trading.
Jerome Powell making a ‘significant mistake’ by staying on at the Fed, Sen. Tim Scott says
Federal Reserve Chair Jerome Powell has said he plans to remain a member of the Federal Reserve board after his term as chair expires this month.
After Coinbase, prediction market traders forecast more tech layoffs ahead
Traders on prediction market platforms give a high probability to layoffs in the tech sector reaching more than 447,000 jobs in 2026.
Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models
The White House is also considering a new AI working group that would explore potential oversight and vet models before release, CNBC confirmed.
Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’
Asha Sharma, the former Instacart and Meta executive who took over Xbox at Microsoft, said the unit doesn’t spend enough time with developers and players.
FDA commissioner defends agency’s drug approval decisions after wave of backlash
U.S. Food and Drug Administration Commissioner Marty Makary, under pressure, defends himself in an interview with CNBC’s David Faber.
Gold and oil have been two of the hottest trades of the past one year. One of them has to break
What’s good for energy stocks may be bad for precious metals if the rally in crude means a rise in Treasury yields, which usually means lower gold prices.
Intel soars 14% on report of Apple chip talks, hits new all-time high
The jump comes on reports that Apple is discussing using Intel chips for its U.S. devices and follows a historic 114% surge last month.
Nvidia and Pulte are helping this startup put mini data centers on homes
A network of Span nodes, communicating with each other across the country, is the equivalent of a small to mid-sized traditional data center.