CoreWeave founders Brian Venturo, at left in sweatshirt, and Mike Intrator slap five after ringing the opening bell at Nasdaq headquarters in New York on March 28, 2025. Michael M. Santiago | Getty Images News | Getty Images Artificial intelligence hyperscaler CoreWeave said Monday it will acquire Core Scientific, a leading data center infrastructure provider,…
Key Points After a slow spring, investment firms of the ultra-rich made 60 direct investments in June, according to Fintrx. Family offices flocked to biotech and health-care firms such as Antheia, seeking to make an impact and returns at the same time. Antheia founder Christina Smolke told CNBC’s Inside Wealth family offices’ patient capital makes…
Film directors Rian Johnson (L), Greta Gerwig (C), and Guillermo Del Toro (R) Getty Images Netflix isn’t interested in bringing movies to theaters. The company’s leaders have said they see theatrical movie releases as an “outdated” model. Yet for more than a decade, the streamer has lured in some of Hollywood’s biggest directors to make content…
Check out the companies making the biggest moves in premarket trading: Tesla — The E.V-maker tumbled 6% after CEO Elon Musk said he would form a new political party called “America Party.” Musk has been engaged in a feud with President Donald Trump, who called the new party “ridiculous.” Geo Group , CoreCivic — The…
Citi see an expanding market for Nvidia’s AI business as the company leads global sovereign AI build-outs and continues to scale Blackwell. Analyst Atif Malik raised his price target on Nvidia to $190 from $180, which suggests shares can jump 19.2% from their latest close. Malik’s bullish thesis is partly driven by the uptick in…
Apple shares picked up a gain and an upgrade from Jefferies going into the holiday weekend, but the ” Fast Money ” traders aren’t seeing fireworks. “The back half of the year for a company like Apple is going to be a problem,” RiskReversal Advisors’ principal Dan Nathan said on Wednesday’s show. “They still don’t…
Independent analyses – ranging from Yale University to the Wharton School to the Congressional Budget Office – have each said that President Donald Trump’s budget plan will add trillions of dollars to the U.S. deficit over the next 10 years. What’s at stake if the deficit continues on its upward trajectory? This year, the U.S….
SINGAPORE / BEIJING — A Chinese company with a new twist on gold jewelry is taking aim at global luxury giants with its first overseas store. Laopu Gold opened in Singapore on June 21, just outside the Marina Bay Sands casino. During the first two weekends, wait times stretched from one to two hours, according…
Private credit has swiftly emerged as one of the hottest corners of global finance, and its rapid rise is prompting alarm bells. Once a niche player catering to middle-market borrowers — or companies that fall between small businesses and large corporations, which are typically underserved by traditional banks — private credit has grown into a $1.7 trillion industry ….
Wall Street’s blistering three-month rally on cooling trade tensions will be put to the test this week. It’s an exceptionally light week of economic data and earnings releases, which means every little piece of information investors do get will be magnified. Against that sparse backdrop, President Donald Trump ‘s trade policy ahead of a long-awaited…
