AI-related layoffs a boost for stocks? Not necessarily
The data underscores an uncomfortable reality.
Kevin Warsh comes into the Fed facing a big ‘family fight’ over cutting interest rates
With inflation spiking and Treasury yields surging, Warsh is likely to confront a Federal Open Market Committee in no mood to ease.
Trump’s second meeting with China’s Xi in a year steers the U.S. away from Taiwan again
U.S. President Donald Trump had said arms sales to Taiwan would be on the agenda for his talks with Chinese President Xi Jinping which ended Friday.
Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines
The Omaha-based company built a position worth more than $2.6 billion, making Delta Berkshire’s 14th-largest holding at the end of March.
‘Biggest bottleneck in the AI buildup’ fuels DRAM ETF to record
The Roundhill Memory ETF (DRAM) just reached $10 billion in assets at the fastest pace ever for an exchange-traded fund according to TMX VettaFi.
NFL wants certain trading contracts banned from prediction markets like ‘first play of game,’ injuries
The letter, which was reviewed by CNBC, calls for banning certain contracts and raising the age requirements for participation on sports-related contracts.
Stocks making the biggest moves midday: Cerebras, Microsoft, ServiceNow, Papa John’s & more
These are the stocks posting the largest moves in midday trading.
Stephen Miran exits the Fed. How he set the stage for Kevin Warsh.
The outgoing Fed governor shares big ideas with the incoming chair.
Stocks making the biggest moves premarket: Applied Materials, Intel, Magnum Ice Cream and more
These are the stocks posting the largest moves premarket.
Bill Ackman built Microsoft stake in first quarter during selloff, betting on AI and cloud growth
Bill Ackman’s Pershing Square Capital Management has built a position in Microsoft, the billionaire hedge fund manager said Friday in a post on X.