Higher rates are wreaking havoc on these two ETFs. Traders see one bouncing back
The relentless surge in rates is breaking the back of two key macro trades that had been holding firm.
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CNBC Top News
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Business · 3993 articles · page 38 of 111 · fetched about 1 hour ago
Hurricane Polo lashes Mexico's Baja California Sur, carries on toward mainland
Polo hit land as a category 2 hurricane south of Las Barrancas, halfway down the state's west coast.
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Netflix has sold off in September. Deutsche Bank says buy the dip
Analyst Bryan Kraft upgraded the streaming giant to buy from hold.
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Senate advances college sports bill aimed at regulating NIL deals
The Senate voted Monday on the bill, which would create a national framework for name, image and likeness deals in…
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SpaceX is poised for a big comeback after recent struggles, says TD Cowen
Investors should scoop up shares of SpaceX as growth in the artificial intelligence and space industries will drive…
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Zuckerberg, Amodei among tech executives set to meet Trump Tuesday
The AI safety debate has raged in recent weeks, with Amodei, Musk and OpenAI CEO Sam Altman calling to pace the…
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Trump’s municipal bond portfolio reaches as much as $1 billion as policy overlaps mount
President Donald Trump disclosed municipal bond holdings worth $300 million to $1 billion, including debt tied to…
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Anthropic warns investors of AI’s 'existential risk to humanity' in IPO prospectus, reports say
Anthropic's IPO filing dedicates 80 pages to the risks of AI, nearly double the 48 pages it spends discussing its…
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CNBC Daily Open: AI’s creators sound the alarm — while others keep building the infrastructure
When the AI boom first took off, companies were competing to see what their AI models can do. Now, they reassure…
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Luckin Coffee weighs entry into Middle East markets, chairman tells CNBC
Luckin is weighing a push into Middle East markets while deepening its foothold in Southeast Asia, with backing from…
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Forget relying on long-dated Treasurys for protection, strategist says. 4 alternatives he likes
Investors should look beyond the traditional 60/40 equities-and-bonds mix when it comes to building portfolio…
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There's still room for rotation into tech, Deutsche Bank says. Here's why
There is still room to run with regards to rotation in tech stocks due to outperformance in the sector, Deutsche Bank…
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India readies $25 billion for Deep Tech investment as U.S. and China race ahead
In a bid to cut its reliance on foreign tech, India tries to catch up with China and the U.S. by readying an investment…
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Australia says more hikes not off the table after raising rates to 15-year high
The hike of 25 basis points was in line with expectations by economists polled by Reuters.
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U.S., Iran hold separate mediator talks as Mideast oil exports hit war-time high
Iranian and U.S. officials reportedly met separately with mediators Monday to push for a ceasefire, as Middle Eastern…
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Oil extends gains as Middle East supply concerns persist
The U.S. and Iran are reportedly talking separately to mediators as part of renewed efforts to end the conflict, with…
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Samsung to inject $1 billion into Nvidia- and KKR-backed AI infrastructure firm
Samsung Electronics and its five affiliates are investing $1 billion in KKR-launched Helix as the group expands its…
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Anthropic leaders to control AI lab to promote public good over market forces: Reuters
Anthropic's IPO filing shows how it is creating a new "Founder LLC" vehicle aimed at serving the common good, while…
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Anthropic's IPO prospectus shows sweeping AI vision, surging costs: Reuters
Anthropic is making a massive bet that AI will transform the global economy more profoundly than industrialization,…
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OpenAI abandons plan to release upcoming model as safety concerns escalate
The heads of OpenAI and rival Anthropic have both indicated recently that top AI labs should slow the pace of model…
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CNBC's The China Connection newsletter: Spectacle-heavy Trump-Xi summit was more about domestic messaging
Much of the pageantry was meant for the leaders' constituencies at home, analysts said.
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LeBron James is already boosting ticket and merchandise demand for Philadelphia 76ers
NBA star LeBron James is having a major financial impact on the Philadelphia 76ers and Philadelphia, boosting…
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AMD briefly joined the $1 trillion club. Cramer says its monster run isn’t over
CNBC’s Jim Cramer said AMD’s run isn’t over, arguing the rise of agentic AI will drive significant demand for the…
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AMD acquiring Fei-Fei Li's World Labs AI firm in deal worth $8.2 billion
AMD previously invested in World Labs before the acquisition, which is the chipmaker's second biggest on record.
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Feds can't withhold counterterrorism funds from states to force election admin changes, judge rules
The judge said FEMA never explained how the election changes it wanted were "tied to the goal of shoring up…
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Khanna to introduce AI safety bill with ban on 'recursive' technology until safeguards exist
The proposal joins a chorus of other measures being put forward in Congress as the body mulls how to regulate AI.
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Trump announces plan for $15 billion steel plant, would be largest in U.S. history
Trump's announcement with Mesabi Metallics comes as Americans' souring views of the economy are poised to shape the…
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Elon Musk, SpaceXAI subpoenaed by NYC in AI safety investigation
The New York City Council issued a subpoena to Musk, requiring that he or another representative of SpaceXAI testify in…
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Michael Burry believes the AI bubble 'may burst' sooner than he first believed
The famed short seller is switching to puts with expiries in June for his major tech short bets.
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OpenAI sparked Hugging Face bids with early investment offer ahead of Nvidia's $13 billion deal
Hugging Face saw a flurry of deal interest before Nvidia agreed to buy the open-source platform for roughly $13…
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Treasury yields rise as march to multiyear highs continues
Treasury yields edged higher on Monday as investors look ahead to fresh economic data releases this week.
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A relief rally could be coming soon for these stocks getting hurt by higher rates, says Katie Stockton
The deeply oversold condition of the utilities sector increases the likelihood of a short-term relief rally over the…
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Meta hires MongoDB CEO CJ Desai to lead enterprise unit. MongoDB shares crater
Desai will lead the new Meta Enterprise Platform unit and report to CEO Mark Zuckerberg.
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Boeing 737 Max 10 certification delayed by software issue, FAA says
The FAA administrator said the Max 10 will be delayed until the agency can assess a software issue on the aircraft.
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Supreme Court Justice Alito will not participate in big climate change case next week
Environmental groups had called for Supreme Court Justice Samuel Alito to recuse himself from the case involving…
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Meta's splashy new business AI hire offers yet another reason to bank on Zuckerberg
By poaching MongoDB's CJ Desai, Mark Zuckerberg shows he's serious about building an enterprise AI business.
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