Analysts from Morgan Stanley came away from the Wall Street bank’s big tech conference last week with greater conviction on a handful of tech companies. In early March, Morgan Stanley hosted its annual Technology, Media & Telecom conference in San Francisco, where dozens of companies, including Microsoft , Nvidia , and Walmart , gave their…
In an aerial view, the Strategic Petroleum Reserve storage at the Bryan Mound site is seen on October 19, 2022 in Freeport, Texas. Brandon Bell | Getty Images News | Getty Images The International Energy Agency on Wednesday agreed to release 400 million barrels of oil to address the supply disruption triggered by the Iran…
Meta’s 5-gigawatt Hyperion data center under construction in Richland Parish, Louisiana, Jan. 9, 2026. Courtesy of Meta Meta on Wednesday revealed four custom, in-house chips tailored for artificial intelligence-related tasks as part of the company’s massive data center expansion plans. The specialized silicon is part of the Meta Training and Inference Accelerator, or MTIA, family…
District attorney says Rihanna, A$AP Rocky and their 3 children were all home when woman fired shots at her LA house <
For the first time in 11 years, the Chiefs did not make the postseason. After the disappointing year, there were calls for roster overhauls. Kansas City answered by making a few moves in free agency that could help make it competitive again. However, there were lingering questions about whether franchise icon, tight end Travis Kelce,…
U.S. Interior Secretary Doug Burgum speaks as he attends with Venezuela’s interim President Delcy Rodriguez (not pictured) to deliver statements at Miraflores Palace, in Caracas, Venezuela, March 4, 2026. Leonardo Fernandez Viloria | Reuters U.S. Interior Secretary Doug Burgum said Wednesday that the International Energy Agency should release oil stockpiles to address the massive supply…
Prices consumers pay for a broad range of goods and services rose in line with expectations for February, offering a final look at inflation pressures before an oil shock tied to the Iran war rattled the outlook. The consumer price index increased a seasonally adjusted 0.3% for the month, putting the 12-month inflation rate at…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images JPMorgan Chase is reducing its exposure to the private credit industry by marking down the value of loans held by the bank as…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. If you’re a fan of commercial real estate, or Netflix’s “Owning Manhattan” (or both), check out Ryan Serhant’s sitdown with CNBC’s Diana Olick. Stock futures are around flat this morning. The three major indexes finished yesterday’s session little changed. Here…
ROME — Italy has bought a rare portrait by baroque painter Caravaggio for 30 million euros (about $35 million), one of the largest state investments ever for a single artwork, the country’s Culture Ministry said Tuesday. The portrait, painted around 1598 and attributed to Caravaggio in 1963, depicts Maffeo Barberini, a nobleman who later became…
