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News
Trump privately met with OpenAI’s Altman at GOP convention, MS Now reports
26+ min ago (139+ words) Sept 14 (Reuters) - U.S. President Donald Trump met privately with OpenAI CEO Sam Altman backstage at the Republican National Convention on Thursday, MS Now reported on Monday, citing three people familiar with the meeting. Altman requested th... Sept 14 (Reuters) â U.S…...
CoreWeave's $2B Nvidia partnership could lift GPU maker's stock as AI infrastructure race heats up
24+ min ago (337+ words) Nvidia becomes CoreWeave's second-largest shareholder in a deal targeting 5 gigawatts of AI data center capacity by 2030 CoreWeave’s stock responded the way you’d expect when a trillion-dollar company essentially says “we believe in you.” Shares climbed 9-12% in trading following the January…...
Bank of America CEO sees at least 10% drop in Q3 investment banking fees
1+ hour, 2+ min ago (241+ words) NEW YORK, Sept 14 (Reuters) – Bank of America expects its investment banking fees to drop by at least 10% in the third quarter, while sales and trading revenue will be flat, CEO Brian Moynihan said on Monday. Shares of BofA extended losses…...
We're turning into a more innovative company: Teva Pharmaceuticals CEO Richard Francis
1+ hour, 1+ min ago (39+ words) Richard Francis, Teva Pharmaceuticals CEO short and pro, joins 'Power Lunch' to discuss the company's turnaround strategy, expanding its market access, its next growth leg, and more. We're turning into a more innovative company: Teva Pharmaceuticals CEO Richard Francis...
Options Action: Options bulls bet on cybersecurity
59+ min ago (43+ words) CNBC’s Oliver Renick reports on the latest action in options market. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get... Options Action: Options bulls…...
Amazon Appoints Cybersecurity Expert Kevin Mandia To Board Of Directors
1+ hour, 4+ min ago (206+ words) Amazon has elected cybersecurity executive and investor Kevin Mandia to its Board of Directors, adding more than 30 years of cybersecurity experience to the company’s board. He is the founder and CEO of Armadin, a cybersecurity company focused on securing large…...
Robinhood to add in-kind redemption and voting for Stock Tokens as TVL tops $170M
2+ hour, 4+ min ago (145+ words) The tokens currently do not offer in-kind redemption or voting rights. Logo via Wikimedia Commons; treatment-A cover, license to verify on approval Robinhood CEO Vlad Tenev disclosed Monday plans for in-kind redemption and voting capabilities for the brokerage’s Stock Tokens…...
EM Equities: Back To Overweight
1+ hour, 14+ min ago (30+ words) Higher global rates are raising the hurdle for returns but have not knocked us off a pro-risk stance. Higher rates and strong equities needn't be contradictory - what drives yields matters....
The Chances of a Federal Reserve Rate Hike Are Surging. Here's What It Means for the Stock Market.
9+ hour, 3+ min ago (438+ words) Interest rates in some parts of the economy were already rising in anticipation of the news. When the Bureau of Labor Statistics confirmed on Friday that the United States' consumer inflation rate was indeed a lofty 3.4% in August, those rates…...
Final Trades: Astrazeneca, Leidos Holdings, Expeditors International and the U.S. 10 year
2+ hour, 57+ min ago (26+ words) The Investment Committee give you their top stocks to watch for the second half. Final Trades: Astrazeneca, Leidos Holdings, Expeditors International and the U.S. 10 year...