Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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House expected to pass affordable housing bill, send it to Trump’s desk
The House on Tuesday could give final passage to a bill aimed at lowering costs for homebuyers and reining in private equity.
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South Korea’s stock market just had one of its worst days ever. Why Morgan Stanley says it’s not breaking down
The Kospi index fell about 10% in Tuesday’s session, marking its worst session since March.
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Alphabet added to Dow Jones Industrial Average, replacing Verizon
Alphabet will replace Verizon in the Dow Jones Industrial Average.
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Stocks making the biggest moves after hours: FedEx, Cerebras, KB Home & more
See which stocks are posting big moves after the bell.
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CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny
The commission has now sued nine states in total in its battle to defend what it sees as its exclusive right to regulate event contracts.
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Cerebras reports 92% revenue growth in chipmaker’s first earnings report since IPO
Cerebras went public on the Nasdaq in May, giving Wall Street access to a pureplay AI company.
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Bill Gates testimony on Jeffrey Epstein ties released by House oversight panel
“I should never have met with Epstein in the first place,” Bill Gates told members of the House Oversight and Government Reform Committee.
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An off-grid power project gets a major proof of concept. What it means for GE Vernova
AI data centers powered by off-grid power plants took a major step forward this week, a good sign for GE Vernova as industry challenges pile up.
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FedEx posts strong earnings results in last quarter with freight business
FedEx posted strong fiscal fourth quarter earnings on Tuesday in the company’s last quarter that included the freight business before its spin-off.
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An AI price war could steal the thunder from pending Anthropic, OpenAI IPOs
Companies are bemoaning AI’s hefty price tag, and some are looking at cheaper models that are nearly as good.
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