Nvidia CEO Huang says $5 billion stake in rival Intel will be ‘an incredible investment’
“We’re going to become a very large customer of Intel CPUs, and we’re going to be a large supplier of GPU chiplets into Intel” chips, Huang said.
SEC revises rules that paves way for new spot crypto ETFs: CNBC Crypto World
On today’s episode of CNBC Crypto World, digital currencies rise following the Fed’s decision to cut interest rates by a quarter point. New spot crypto ETFs launch for trading after the SEC changes a rule to streamline listings. Also, Thomas Perfumo, a global economist at Kraken, shares his outlook on bitcoin and new crypto-tied ETFs […]
Bank stocks typically rally when there are rate cuts without a recession, says Wells Fargo’s Mayo
Bank stocks may advance over the next few months following the Federal Reserve’s decision Wednesday to cut benchmark lending rates.
Trump’s pressure on the media is mounting with Kimmel sidelined ‘indefinitely’
Kimmel’s hiatus is drawing comparisons to CBS’ cancellation of “The Late Show With Stephen Colbert” and raising questions about the protection of free speech.
CrowdStrike pops 12% on upbeat long-term guidance at investor day
The cybersecurity firm shared strong long-term guidance this week and announced plans to buy AI security company Pangea.
Trump hints at ‘good news’ coming on the Russia-Ukraine war
U.S. President Donald Trump admitted that he had been surprised by how difficult the conflict between Russia and Ukraine has been to resolve.
How robotic beehives use AI to protect bees from climate change
A robotic beehive from startup Beewise is using AI to protect bees from the various impacts of climate change. Essential bee colonies are dying off quickly.
Notion rides AI boom to $500 million in annual revenue, but Microsoft competition looms
Notion, which competes with Google and Microsoft in productivity software, has seen soaring revenue growth thanks to a host of AI tools.
The stock market could see nearly 50% upside if investor allocations reach dotcom bubble levels
The equity allocation of non-bank investors is “significantly” below the roughly 55% global allocation seen in 2000, JPMorgan found.
The Fed’s rate cut masked large internal differences about where policy is going
While the final rate vote was lopsided, he Fed showed considerable uncertainty on the future.