Tuesday’s big stock stories: What’s likely to move the market in the next trading session
Stocks ended Monday near the flatline as investors prepared for the Federal Reserve’s Jackson Hole summit. Here’s what’s on CNBC’s radar Tuesday. <
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Is the AI industry in a bubble, as OpenAI CEO says?
Sam Altman, CEO of OpenAI, and Lisa Su, CEO of Advanced Micro Devices, testify during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images There’s a bubble…
Bayreuth’s 2025 production of Wagner’s ‘Meistersinger’ features a Technicolor look — and a twist
BAYREUTH, Germany — In Wagner’s home theater, a twist has been added to the classic opera “Die Meistersinger von Nürnberg.” Instead of Walther joining the guild of master singers and preparing to marry Eva after he wins the song contest, in Bayeuth’s new version she grabs the medal out of the young knight’s hands, returns…
Deion Sanders Adjusting to Coaching at Colorado Without Sons Shedeur, Shilo
Deion Sanders attempted to play it cool when asked about not coaching his sons — Shedeur and Shilo — this season. “It’s easy,” the Colorado coach said in front of a room full of Buffaloes fans at a kickoff luncheon. “Especially not having Shilo get on my last nerve.” There were laughs from the audience…
Analysts downplay AI bubble worries as Altman looks to spend trillions
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…
Asia markets mostly fall as investors await Fed summit
Ulsan city skyline from the Hamwolru Pavilion. People can enjoy beautiful cityscape for free. Ulsan, South Korea. Insung Jeon | Moment | Getty Images Asia-Pacific markets mostly fell Tuesday as investors await the outcome of the talks between U.S. President Donald Trump, Ukraine’s President Volodymyr Zelenskyy and European leaders at the White House. Japan’s Nikkei 225 benchmark ticked…
Tristan Rogers, who played super spy Robert Scorpio on ‘General Hospital,’ has died at 79
Tristan Rogers, who played legacy character Robert Scorpio on ABC’s “General Hospital,” died Friday, less than one month after he made a special appearance on the soap opera. He was 79. “The entire ‘General Hospital’ family is heartbroken to hear of Tristan Rogers’ passing,” said Frank Valentini, the show’s executive producer, in a statement. “Tristan…
Cubs To Give ‘Frustrated’ Kyle Tucker Days Off Amid Struggles
It hasn’t been the best of times for Kyle Tucker, and now the Chicago Cubs will hope time away from the grind will help their star slugger. Cubs manager Craig Counsell said Tucker will take some days off amid an extended slump, which culminated with fans at Wrigley Field booing the right fielder in Monday’s…
Hamas accepts proposed deal for ceasefire with Israel and hostage release: Reuters
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…
Intel is getting a $2 billion investment from SoftBank
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel and SoftBank announced on Monday that the Japanese investment giant will make a $2 billion investment in Intel, the embattled chipmaker. SoftBank…