Bill Ackman built Microsoft stake in first quarter during sell-off, betting on AI and cloud growth
Bill Ackman, founder and CEO of Pershing Square Inc., attends his company’s IPO at the New York Stock Exchange (NYSE),...
Alphabet Class A
David Tepper’s Appaloosa nearly doubles Amazon stake, adds Sandisk in the first quarter
David Tepper's Appaloosa Management ramped up several technology and artificial intelligence-related bets in the first quarter, according to a regulatory...
Sundheim's D1 Capital bought several tech stocks last quarter — with one big exception
Daniel Sundheim's D1 Capital bought into a plethora of well-known technology stocks in the first quarter, but Meta didn't get...
AI chip bubble rivals French stocks in 1700s, surpasses Nasdaq during dot-com frenzy by one measure
The artificial intelligence rally has already reached historic proportions and is now passing some famous — or rather, infamous —...
Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines
Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024.CNBCBerkshire Hathaway...
Cerebras almost doubles in Nasdaq debut, topping $100 billion market cap after blockbuster IPO
Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the...
Americans still feel pessimistic about the economy. When will it get better?
American consumers have been pessimistic for so long that now economists are wondering when — or even if — households...
U.S. can hold AI talks with China because ‘we are in the lead,’ Bessent tells CNBC as nations plan safety protocol
The U.S. can talk to China about artificial intelligence because "we are in the lead," U.S. Treasury Secretary Scott Bessent...
SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan...
OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment
Microsoft CEO Satya Nadella took the stand in the Musk v. Altman trial on Monday, where he testified that Elon...
Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth...
At TV upfronts, AI is in and corporate shuffles are reshaping the lineup
Advertisers will be hearing about the slate of live events in the coming year — and how AI is being...
Meet the YouTube whisperers, a booming class of advisors behind MrBeast and other million-dollar channels
When wildlife TV personality Forrest Galante sat down for his monthly call with YouTube consultant Paddy Galloway, he received some...
Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year
Nvidia founder and CEO, Jensen Huang, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in...
Amazon Prime Day 2026 is in June. Get a $150 Amazon gift card and extra rewards with the right credit card
For the first time in five years, Amazon's Prime Day sale will take place in June. The company evaluates Prime...
States crack down on tax break for wealthy investors
Lake Oswego in Oregon.Bradleyhebdon | Istock Unreleased | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth...
Gilt yields ease as UK PM Starmer says 'tough' election results won't make him quit
British Prime Minister Keir Starmer gives an update on the situation in the Middle East at Downing Street Briefing Room,...
CNBC Sport: Media's TV upfront presentations have become an NFL showcase
Key PointsNFL Commissioner Roger Goodell plans to attend the Disney upfront in New York next week, sources told CNBC.YouTube and...
Uber pops 8% as company issues higher-than-expected bookings guidance
Uber reported first-quarter revenue on Wednesday that missed estimates, but the ride-hailing giant issued bookings guidance for the current quarter that...
China hosts Iran's top diplomat just days ahead of Trump's high-stakes visit
BEIJING, CHINA - JULY 15: Iran's Minister of Foreign Affairs Seyed Abbas Araghchi and Russia's Minister of Foreign Affairs Sergei...
