Tag: business news
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Intel rises 9% after Trump says company will partner with Apple on U.S. chip design
The boost continues Intel’s recent rally as the chipmaker bounces back from years of headwinds.
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SpaceX shares hold steady after three-day rally loses steam
Investor bullishness showed signs of waning on Wednesday, as shares sank 5%.
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Treasury 2-year yield post-Fed spike ‘exaggerated’ or is there room for more? Strategists weigh in
Markets pushed up short-term Treasury yields after Kevin Warsh’s first Fed meeting, though strategists disagreed on whether the move signals a lasting shift toward tighter policy.
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Google Gemini co-lead Noam Shazeer leaves for OpenAI
Google’s vice president of engineering and a co-leader of its Gemini AI models announced Wednesday he is leaving the company to join OpenAI.
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India’s largest stock exchange files for IPO as mega-listings gather pace
India’s largest stock exchange sets the ball rolling for mega IPOs this year as it files papers to go public.
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CME CEO Terrence Duffy says the exchange operator will sue CFTC over perpetual futures
Outgoing CME CEO Terrence Duffy said that the exchange operator will sue the CFTC over the agency’s decision to approve perpetual futures.
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Ford has a new battery business to ride the AI wave. Here’s where Cramer stands on the stock
CNBC’s Jim Cramer said Ford’s new battery storage business gives the automaker a credible way to capitalize on the AI infrastructure boom.
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Analysis: Chairman Kevin Warsh’s task forces are the key to understanding the new Fed
The new leader of the Fed left interest rates alone but made clear how he plans to rewire the central bank.
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Here are the five big takeaways from Kevin Warsh’s first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
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Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026
The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.
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