Like the XLF Financials ETF, the iShares U.S. Broker-Dealers and Securities Exchanges ETF (IAI) has come under pressure in recent weeks, falling back to its November low. The obvious challenge now is whether the price can hold and bounce from this key support zone. Tuesday, it did exactly that — a constructive first step, but we are not out of…
Why has the sell-off in software stocks — driven by artificial intelligence disruption fears — been so dramatic and seemingly unending? In this Club Check-in, CNBC’s Paulina Likos and Zev Fima answer that question by diving into an important concept that investors use to evaluate stocks called terminal value. Software profits have not collapsed, and…
NEW YORK — Sondra Lee, a dancer and actor discovered by the legendary choreographer-director Jerome Robbins and originated the role of Tiger Lily on Broadway in “Peter Pan” and played Minnie Fay in the original production of “Hello, Dolly!,” has died. She was 97. Lee died Monday of natural causes in her New York City…
Will Power just looked at the question on the sheet in front of him and just laughed. “Ooooohhh,” he said, followed by a word not suitable for print. The question was about him. When the 25 full-time INDYCAR drivers met with FOX Sports last month, we gave them a six-question survey to fill out. They…
OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters Joshua Kushner’s Thrive Capital invested roughly $1 billion in OpenAI at a $285 billion valuation in December, a source confirmed Wednesday. It is a preferential deal for the venture capital firm that has long…
Check out some of the companies making headlines in midday trading. Coinbase — The cryptocurrency exchange’s stock jumped 12% as it launched stock trading on its platform. The move is part of Coinbase’s strategy to become the place for investors to trade not only cryptocurrency but also stocks, exchange traded funds and place prediction market…
Bill Gates, chair of the Gates Foundation, speaks at the Bloomberg Philanthropies 2025 Global Business Forum in New York on Sept. 24, 2025. Michael Nagle | Bloomberg | Getty Images Bill Gates spoke about his association with Jeffrey Epstein in a town hall meeting with employees of the Gates Foundation, a spokesperson for the nonprofit…
MILAN — Uma Thurman’s casual front-row look for Maria Grazia Chiuri’s debut as Fendi creative director during Milan Fashion Week on Wednesday provided a sneak peek of a cold-weather collection that veered from solid daywear to sensuous evening looks, anchored by fur-forward outerwear. The front row was star-packed, including Thurman in a classic white blouse…
The future of the NFL will be front and center in Indianapolis at this week’s Scouting Combine. But before the prospects take the field in the underwear Olympics and try to boost their draft stock, let’s take some time to learn what the stars of tomorrow think about the NFL and the college game. We…
Dr. Richard Axel at Le Bernardin Prive in New York on July 26, 2017. Craig Barritt | Getty Images Dr. Richard Axel, a Nobel Prize-winning scientist, said he is stepping down as co-director of Columbia University’s Zuckerman Mind Brain Behavior Institute on the heels of his association with notorious sex predator Jeffrey Epstein drawing public…
