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),...
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Why Taiwan became the defining issue in the Trump-Xi talks
BEIJING — U.S. President Donald Trump has kept up an uneasy silence about Taiwan following his meeting with Chinese leader...
From train travel to staycations: How holidaymakers are adapting to airlines' jet fuel shortage
Tourists and vacationers sit and lie on their towels on the beach, others play and swim in the English Channel...
FDA shuffles top drug, biologics leaders in latest shakeup
The logo for the Food and Drug Administration is seen ahead of a news conference at the Health and Human...
Jim Cramer fears SpaceX's IPO could be 'destructive' for the rest of market
CNBC's Jim Cramer said Friday he is growing increasingly concerned about signs of speculative excess in the IPO market.The "Mad...
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...
Stephen Miran exits the Fed. How he set the stage for Kevin Warsh.
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025.CNBCFederal Reserve Governor...
Stocks making the biggest moves midday: Cerebras, Microsoft, ServiceNow, Papa John's & more
Check out the companies making the biggest moves in midday trading: Microsoft — Shares rose nearly 4% after Pershing Square's...
Inflation rate projected to hit 6% in the second quarter, top economic forecasters say
Cuts of beef are displayed at Handy Market on May 14, 2026 in Burbank, California. Justin Sullivan | Getty ImagesThe...
Traders now see next Fed interest rate move as a hike following inflation surge
Construction on the Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Monday, Dec. 15, 2025. Al Drago...
'Biggest bottleneck in the AI buildup' fuels DRAM ETF to record
The Roundhill Memory ETF (DRAM) just hit $9.8 billion in assets under management in 43 days— the fastest pace ever...
NFL wants certain trading contracts banned from prediction markets like 'first play of game,' injuries
The National Football League outlined to the Commodities and Futures Trading Commission its views on how sports-related prediction markets should...
Chinese EVs are coming to Canada, and some dealers can't wait to sell them
HALIFAX, NOVA SCOTIA — Michael MacGillivray sees the arrival of Chinese electric vehicles in Canada as a potential game changer."I think...
30-year Treasury yield tops 5.1%, highest in nearly a year
Traders work on the floor at the New York Stock Exchange, April 23, 2026.Jeenah Moon | ReutersU.S. Treasury yields spiked...
Starbucks to lay off 300 U.S. employees, shutter some regional support offices
Starbucks' corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket |...
Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms
The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT...
Stocks making the biggest moves premarket: Applied Materials, Intel, Magnum Ice Cream and more
Check out the companies making the biggest moves premarket: Applied Materials — The semiconductor equipment supplier fell about 2% despite...
