Airbnb adds hotels, car rentals. Chesky says app can become an 'Amazon for services'
Airbnb CEO Brian Chesky said the rental platform could become an Amazon for travel as the company adds hotels and...
Amazon.com Inc
Jeff Bezos says there is ‘no truth’ to the ‘buy borrow die’ tax strategy
Amazon executive chairman Jeff Bezos said a controversial tax strategy used by the wealthy to borrow against assets to lower their...
AI stocks helped the bull power through multiple threats. But now is this market too out of balance?
The dominance of the AI theme over stock-market performance, corporate profitability, economic growth and investor attention has grown so extreme...
Blackstone to invest $5 billion in AI infrastructure venture with Google, powered by TPU chips
The Google Cloud logo is displayed on a high-definition digital monolith at the entrance of the Google pavilion during the...
Berkshire has revamped its portfolio — here's how the new stocks are trading
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David...
Creator content made the main stage at TV's 'upfront' pitches — and not just for YouTube
Dwyane Wade, left, and Jesse Riedel speak onstage during the YouTube Brandcast event at Lincoln Center in New York, May...
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),...
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...
These three artworks could sell for $100 million each next week as May auctions begin
A large-scale Jackson Pollock drip painting titled, "Number 7A, 1948."Crystal Lau | CNBCA version of this article first appeared in...
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...
Allegiant CEO makes case for low-cost airline model as Sun Country acquisition closes
An Allegiant Air plane lands at Harry Reid International Airport on July 26, 2022, in Las Vegas.Chase Stevens | Las...
Laid-off GM employees tell of ominous email, severance and role of AI
DETROIT — An ominous email about an oddly timed 15-minute virtual meeting. A scripted message from human resources. And an...
The summer box office is off to a hot start as weekend ticket sales top $160 million
The summer box office is off to a sizzling start — and it's only getting started.Over the weekend, domestic ticket...
Here's the inflation breakdown for April 2026 — in one chart
Fuel prices are displayed on a sign as customers fill their vehicles at a gas station in Miami, April 13,...
EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'
EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller GameStop on doubts over the financing...
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...
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...
