Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Morgan Stanley says quantum computing could be a $100 billion market one day. Here’s its top stock to play the trend
The investment bank upgraded Quantinuum to overweight from equal-weight, with a $62 price target that implies roughly 88% upside from Wednesday’s close.
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Apple and Meta team up to make Muse AI model run on Mac computers
Apple and Meta are collaborating to make Muse Spark Open easier to run locally on clustered Mac Studio systems, according to the companies.
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CoreWeave credit default swaps hit distress levels as investors sour on AI debt
Signs of distressed deepened in CoreWeave on Thursday.
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Stocks making the biggest moves midday: CoreWeave, Salesforce, Rocket Lab, Kimberly-Clark & more
Here are some of the companies making headlines in midday trading.
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International Energy Agency to release more than 20 million barrels of diesel as soon as possible
The Trump administration pushed Europe to release diesel stocks as prices in the U.S. surged to record highs in September.
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JetBlue’s new domestic first class, BlueFirst, is now on sale
JetBlue announced that BlueFirst, its new domestic first class option, is available for booking on more than 30 routes. It launches December 8.
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What’s behind the sell-off in AI neocloud stocks like CoreWeave and Nebius
Neoclouds share the same business model and many of the same customers.
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Josh Brown says this is his AI roller coaster stock
Josh Brown and Sean Russo take a look at one stock that’s 60% more volatile than the broader market.
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Economists: Hot PPI shows Fed’s work is not done
‘We see real risks the Fed will deliver another rate hike in two weeks’ time,’ one Fedwatcher warns
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