China isn’t begging for Nvidia anymore. Here are homegrown tech plays to watch
Perhaps the biggest outcome of the latest U.S.-China trade talks is China’s greater confidence in its homegrown technology.
Big Tech companies, foreign governments scramble after Trump slaps $100,000 annual fee on H-1B visas
The announcement to impose a $100,000 annual fee on H-1B visas sent shockwaves through corporate America.
From shopping carts to superchips: Alibaba rediscovers edge with bold billion-dollar AI pivot
Once best known for e-commerce, Alibaba this month has ramped up its AI investments across robotics and related businesses.
Musk says xAI is not raising capital after CNBC report on $10 billion funding
Elon Musk refuted a CNBC report stating that xAI is currently raising capital. The report suggested a $10 billion raise at a $200 billion valuation to fund data centers and talent acquisition. xAI is expanding its data center capacity, including the Colossus supercomputer, to compete with OpenAI and Anthropic in the AI space.
Wall Street bets on chip boom are getting more concentrated, and it could be good thing for investors
AI and Nvidia’s stock success have made the chip sector one of the market’s most closely watched. There’s an increasing number of ways to invest with ETFs.
Stocks making the biggest moves midday: Brighthouse Financial, Lennar, Apple, FedEx and more
These are the stocks posting the largest moves in midday trading.
Miran says he doesn’t see tariffs causing inflation, putting him in minority on Fed committee
Federal Reserve Governor Stephen Miran spoke on CNBC’s “Money Movers” on Friday.
Kevin Durant has access restored to his Coinbase bitcoin account after years
Kevin Durant has regained access to his Coinbase account containing bitcoins.
Fed Governor Miran says he did not tell Trump how he would vote on rates this week
Federal Reserve Governor Stephen Miran spoke Friday to CNBC.
SEC to propose rule change on Trump’s call to end quarterly earnings reporting, says Chair Atkins
Atkins said if the rule change is approved, it will be left to companies to decide whether they switch to semiannual or stay with quarterly.