U.S. House Minority Leader Hakeem Jeffries (D-NY) holds a news conference at the U.S. Capitol on Jan. 5, 2026 in Washington, DC. Joe Raedle | Getty Images House Minority Leader Hakeem Jeffries, D-N.Y., on Monday promised a “massive Democratic redistricting counteroffensive” and said House Democrats would huddle Thursday on the ongoing partisan gerrymandering wars ahead…
The JPMorgan Chase & Co. building before the ribbon cutting ceremony, at the firm’s new headquarters at 270 Park Avenue, in New York City, U.S., Oct. 21, 2025. Eduardo Munoz | Reuters A JPMorgan Chase-led group of banks cut their exposure to a private credit fund co-managed by KKR days before the asset manager announced…
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. Markets are chugging along to new record highs again. Pockets of the tech trade are continuing to surge, with Lumentum , Coherent , Corning , Western…
Microsoft CEO Satya Nadella passes through security at the federal courthouse during proceedings in the trial over Elon Musk’s lawsuit against OpenAI in Oakland, California, on May 11, 2026. Karl Mondon | AFP | Getty Images Microsoft CEO Satya Nadella took the stand to testify in the Musk v. Altman trial in federal court in…
ILLUSTRATION of hantavirus testing concept with laboratory tubes containing cotton swabs and HANTAVIRUS labels photographed in front of a public domain hantavirus related microscopic image released by the U.S. Centers for Disease Control and Prevention in Paris, France, May 8, 2026. Joao Luiz Bulcao | Afp | Getty Images An outbreak of the hantavirus caused…
Michael Burry attends “The Big Short” New York screening Ziegfeld Theater on Nov. 23, 2015 in New York City. Astrid Stawiarz | Getty Images Michael Burry urged investors to scale back exposure to surging technology stocks, saying the current market environment has reached historically dangerous extremes reminiscent of prior speculative bubbles. The famed investor, best…
Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Krisztian Bocsi | Bloomberg | Getty Images Options traders might have found a new big-tech favorite ahead of this week’s earnings: legacy networking giant Cisco, a stock that’s undergone a years-long pivot to software and cloud-based AI technology…
My top 10 things to watch Monday, May 11 1. Usual oil price rally of 2%, which is standard now. Stocks are flat. Maybe that’s what makes this such a standoff. U.S. refineries are now processing 16.3 million barrels per day (bpd) of crude, up from the average 13.5 million bpd. This is unsustainable, but…
Cerebras CEO Andrew Feldman speaks to the media at the Colovore office in Santa Clara, Calif., on March 12, 2024. The Washington Post | Getty Images Artificial intelligence chipmaker Cerebras Systems has increased the estimated price range for its initial public offering. It’s now looking to sell at $150 to $160 per share, according to…
Circle Internet Group has raised $222 million in the presale of Arc, the native token of its new blockchain, as the company looks to expand beyond its core business of issuing the USDC stablecoin, CNBC has learned. Andreessen Horowitz served as the lead investor in the raise with a $75 million investment. Other investors include…
