The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season. Cooler-than-expected June reports on consumer and producer prices offered encouraging signs that inflation continued to ease, while earnings from the nation’s largest banks reinforced the strength of capital markets. At the same time, investors kept one…
1. 00:00 – Buffett on his decision to stop donations to Gates Foundation BECKY QUICK: Warren, first of all, thank you for sitting down and talking with us today. I appreciate it. WARREN BUFFETT: It’s always good to sit down. (Laughs) BECKY QUICK: Yes, I find the same thing. The last time we sat down and spoke with…
Voters in California will decide in November whether to impose a one-time, 5% tax on residents and trusts with a net worth of more than $1 billion. The proposal is deeply controversial, with opponents on both sides of the aisle warning that passage of the measure — the first of its kind in the U.S….
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks pulled back on Friday , capping off another volatile week. Weakness in the hyperscalers — Amazon , Alphabet , Meta Platforms , and Microsoft —…
The Netflix logo is seen on the roof of an office building in Los Angeles, California, on April 16, 2026. Michael Yanow | Nurphoto | Getty Images Netflix reported second-quarter revenue and earnings that were in line with analyst estimates on Thursday as Wall Street is keeping a close eye on the company’s advertising and…
(COMBO) In this combination of files pictures created on December 2, 2025, Brazil’s President Luiz Inacio Lula da Silva speaks during a press conference at the COP30 UN Climate Change Conference in Belem, Para state, Brazil, on November 19, 2025, and US President Donald Trump speaks during a Cabinet Meeting in the Cabinet Room of…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images Asian semiconductor stocks tumbled Thursday, as a sell-off in U.S. chipmakers spilled into the region, with SK Hynix continuing to see massive volatility since its U.S. listing last week. Shares of…
Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon and Goldman Sachs Chairman and CEO David Solomon. Angela Weiss | AFP | Getty Images American megabanks on Tuesday gave evidence that the global artificial intelligence boom isn’t just benefiting tech giants and chip makers. Goldman Sachs and JPMorgan Chase each posted record quarterly revenue…
A Zipline precision drone with a delivery pod underneath. Zipline South San Francisco startup Zipline is adding former Tesla and Waymo execs to its C-suite, and bringing on a former Uber executive to lead its commercial expansion, as the company scales its drone delivery service into new U.S. and international markets. Since Zipline started up…
Worries over rising competition have put pressure on Broadcom , but Morgan Stanley has come to the chipmaker’s defense, calling it “a core AI winner” second only to Nvidia. In a note to clients on Tuesday, analysts at Morgan Stanley said concerns that Taiwan-based semiconductor company MediaTek could significantly steal Broadcom’s share of Google’s tensor…
