OpenAI and Anthropic are making 10 times more revenue than all Chinese AI models combined, research group Rhodium says
Rhodium Group's latest analysis of Chinese and U.S. AI companies also found that low revenue did not necessarily…
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CNBC Finance
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Here are five key takeaways from Wednesday's Fed rate hike
The Fed on Wednesday delivered a much-expected interest rate hike.
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Here is what changed in the new Fed statement under Warsh
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's…
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Senate is still a toss-up, but Democrats now have slight edge, prediction market traders think
Traders on both Kalshi and Polymarket see Democrats with one of their best chances to flip the U.S. Senate since the…
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Stocks making the biggest moves premarket: SK Hynix, J.B. Hunt, Expedia & more
These are the stocks posting the largest moves premarket.
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China says AI CEOs' call for a slowdown is 'fear mongering'
Chinese state media's reports of the daily press conference also noted that all groups should work together for AI…
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Stocks making the biggest moves midday: Zscaler, CrowdStrike, Marvell Technology, Rum Group & more
These are some of the stocks posting the largest moves midday.
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NFL and midterm elections set up prediction markets for a critical fall season
The 2025 football season and 2024 presidential election pushed prediction markets into the prominence they enjoy today.
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Goldman picks China healthcare stocks for a post-AI trade
Chinese stocks' earnings tracked by Goldman Sachs grew at their highest quarterly pace in five years.
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Inflation is outpacing wage growth again, squeezing Americans’ paychecks
In August, consumer prices rose 3.4% over the past year while wages increased just 3.1%.
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Stocks making the biggest moves midday: Dell, Skyworks Solutions, GameStop & more
These are the stocks posting the largest moves midday.
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Ant International partners with Visa, Mastercard on developing AI payments
Visa, Mastercard and Ant International are working on common standards for AI-agent payments — including ways to verify…
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Stocks making the biggest moves midday: Meta, Centerspace, Apple, Casey's General Stores, Signet & more
These are the stocks posting the largest moves midday.
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Adani Enterprises shares jump as airport unit enters into $1 billion fundraising deal
The investors will subscribe to new shares in three tranches and collectively own about 5.54% of the airport operator…
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How one hedge-fund manager built his firm to be powered entirely by AI agents
It's a stark example of a growing reality on Wall Street as firms test the benefits and limits of AI in finance and on…
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Stocks making the biggest moves after hours: ServiceTitan, Mission Produce, Chime Financial and more
These are the stocks posting the largest moves in after-hours trading.
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Sugar is outperforming the stock market this year. Here's what's driving it, and where it can go from here
The sweetener's prices surged last week, reflecting a sharp deterioration in the global supply outlook.
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Stocks making the biggest moves midday: Sandisk, Tesla, Lululemon, Quanex, AMC & more
These are the stocks posting the largest moves midday.
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Berkshire CEO Greg Abel says Japanese bond yields not a challenge for trading houses right now
In an appearance on CNBC's "Squawk Box," Greg Abel said that yields in the country are still relatively low.
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China's Xi builds diplomatic clout with multiple state visits ahead of Trump summit
Chinese President Xi Jinping is expected to make his first visit to India before traveling to the U.S. for a meeting…
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Fed Governor Barr says he'll support rate hike if inflation doesn't ease
The policymaker said he's concerned about "broader price pressures taking hold" as inflation has prevailed above the…
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Stocks making the biggest moves midday: PG&E, Edison International, Apple, Howmet Aerospace, Eli Lilly & more
These are some of the stocks posting the largest moves midday.
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Kalshi partners with brokerage Alpaca as it tries to build its international audience
The prediction market platform and the financial infrastructure and brokerage startup are working to get Kalshi's event…
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Crypto exchange Gemini not at fault for collapse of Earn lending program, arbitrator says
An arbitrator earlier this month said Gemini Space Station did not mislead users of its Earn program.
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Corn and wheat prices jump to highest prices in more than three years
Corn and wheat futures have surged to their highest levels in more than three years. But the reasons for these recent…
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September Fed decision is now a coin flip as rate hike odds increase post Warsh
Odds rose after Warsh's speech in Jackson Hole, Wyo., where he discussed that he still is frustrated with the overall…
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Fed Chairman Kevin Warsh delivers his key Jackson Hole speech Friday. Here's what to expect
Prior Fed chairs have used the speech as an opportunity to lay out broad policy frameworks and intentions.
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Stocks making the biggest moves midday: Meta, Abercrombie & Fitch, Zoom, Intuit & more
These are some of the stocks posting the largest moves in midday trading.
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China's short-drama producers flood the market with cheap bets — and let audiences pick the winners
The short-drama model offers an alternative to traditional entertainment, but rising distribution costs and…
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Stocks making the biggest moves midday: Dick's Sporting Goods, Marvell, AMD, Kura Oncology & more
These are the stocks posting the largest moves midday.
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Crypto extends gains after biggest 3-day rally since 2023
Bitcoin and crypto stocks extended their rally after the flagship cryptocurrency broke out of its trading range.
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Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Citigroup and Wells Fargo have room to buy a big regional bank as regulators have opened the door to megadeals. Five…
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Samsung plans up to $80 billion in shareholder returns after SK Hynix buyback
Samsung Electronics plans shareholder returns totaling 90 trillion won to 110 trillion won, including about 30 trillion…
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Labubu maker Pop Mart shares fall as key ex-China sales data drop, Citi cuts price target
Pop Mart shares fall after announcing first-half earnings.
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Stocks making the biggest moves midday: Walmart, Deere, CrowdStrike, Moderna & more
These are some of the stocks posting the largest moves midday.
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Fed officials saw need for rate hike if inflation doesn't cool, minutes show
The Federal Reserve on Wednesday released minutes from its July 28-29 policy meeting.
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