Stock futures are little changed after major U.S. indexes notch record highs: Live updates
Investors during Monday’s session cheered cooling tensions between the U.S. and China.
OpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’
OpenAI urged the White House to substantially increase the U.S.’ investment in new energy capacity
One chip stock and two health names to own for the long run, according to investor Hulick
Hulick joined CNBC’s “Power Lunch” on Monday to give his bullish take on a handful of stocks.
Amazon to announce largest layoffs in company history, source says
The layoffs will amount to the largest cuts to Amazon’s corporate workforce in the company’s history, according to a person familiar with the matter.
Where to put your cash to work before the Fed cuts rates again
With cash yields set to fall as the Federal Reserve lower interest rates, investors may want to consider putting some of that money to work elsewhere.
Democratic senators ask colleagues to condemn Binance founder’s pardon: CNBC Crypto World
On today’s episode of CNBC Crypto World, bitcoin and other cryptocurrencies rise after the U.S. and China agree on a trade deal framework. Senate democrats also rally colleagues to join a resolution condemning the president’s pardon of Binance founder Changpeng Zhao. Lastly, CleanSpark CEO Matt Schultz discusses the company’s move to pivot from pure-play bitcoin […]
Amazon targets as many as 30,000 corporate job cuts: Reuters, citing sources
The layoffs would represent the largest job cut at Amazon since around 27,000 jobs were eliminated starting in late 2022.
AI is driving huge productivity gains for large companies while small companies get left behind
Artificial intelligence is widening the productivity gap between the large and small companies, furthering the ‘K-shaped economy’ phenomenon.
NBA reviewing prop bets, injury reporting, AI to track wagers after gambling indictment
The NBA has been rocked by a federal criminal indictment that alleges a group of sport bettors exploited inside information about teams and players to wager.
Stocks making the biggest moves midday: Qualcomm, Fermi, Dyne Therapeutics, Organon, Snowflake and more
These are some of the stocks posting the largest moves midday.