The artificial intelligence boom that Sam Altman helped ignite with ChatGPT in late 2022 is starting to make even him uneasy. Startups with little more than a pitch deck are raising hundreds of millions. Valuations have become “insane.” Capital is chasing a “kernel of truth” with feverish speed. The OpenAI CEO still believes the long-term…
Egyptian Foreign Minister Badr Abdelatty and Palestinian Prime Minister Mohammad Mustafa attend a press conference during their visit to the Rafah border crossing between Egypt and the Gaza Strip, in Rafah, Egypt, August 18, 2025. Sherrif Fahmy | Reuters Hamas has agreed to a 60-day ceasefire proposal with Israel that includes the return of half the hostages held…
Meta Platforms sees largest increase in short interest of any U.S. stock this year, S3 says Meta Platforms, which dropped 2.3% on Monday, has seen the largest increase in short interest of any U.S. stock this year, according to S3 Partners, which specializes in tracking the activity of short sellers, who try and profit from…
An aerial view of properties cleared of wildfire debris which burned in the Eaton Fire on July 03, 2025 in Altadena, California. Mario Tama | Getty Images News | Getty Images The California state legislature passed a bill Monday that ensures homeowners, not lenders, receive at least some of the interest on insurance payouts for…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) Stocks are idling to start a new week, holding just below record highs as Wall Street awaits some potentially consequential updates on the consumer and Federal Reserve policy. The S & P 500…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin, ether and XRP tumble to kick off the week as heightened macro concerns triggered more than $500 million in forced selling of long positions. And, Caitlin Long, founder and CEO of Custodia Bank, which…
As more tariffs take effect on goods imported into the U.S., a specific accounting method could have major implications for how American retailers calculate the impact. A tariff adds to the cost of an imported item when it’s received and paid for when it crosses a border. While there’s debate over who pays that tariff —…
Even as the market trades near record highs, dividend payers – particularly those that have lifted their payments – can bolster portfolios in rocky times. The S & P 500 touched a fresh all-time high on Friday, and it has surged 9.6% in 2025. The broad market index is up more than 30% from its…
Billionaire investor Stanley Druckenmiller ‘s top three biggest holdings at the end of June were all health-care stocks and he also invested back into one of his favorite artificial intelligence plays, Microsoft , according to a regulatory filing. The former lead portfolio manager for George Soros’ Quantum Fund, who now runs his own Duquesne Family…
Check out the companies making headlines in premarket trading: Dayforce — The software stock surged more than 24% after people familiar with the matter told Bloomberg that Thoma Bravo is currently engaged in talks to acquire Dayforce and could do so in the coming weeks. Sunrun — Stock in the solar panel company gained 4%….
