Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Sens. Warren, Kelly press Trump administration on effects of tariffs on manufacturing
A pair of Democratic senators is asking for answers from the Trump administration on the effect of tariffs on U.S. manufacturing.
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Google’s online dominance is showing signs of cracking in AI era
While Google remains in a position of strength in the eyes of Wall Street, the AI era is complicating the company’s story.
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AI memory startup focused on cutting token costs raises $98 million
Engram enters the market as the AI industry grapples with a rising cost problem fueled by more expensive models.
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Nike is trying to boost its stock through a turnaround plan. Evercore ISI sees limited upside
Nike has received a downgrade and price target decrease from Evercore ISI due to several challenges it faces as it tries to overhaul its struggling business.
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Stocks making the biggest moves premarket: IBM, Qualcomm, Oracle, Energy Fuels & more
These are the stocks posting the largest moves in early trading.
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Morgan Stanley says investors should scoop up this struggling tech stock that’s ready to outperform
The bank upgraded the hardware and software name to overweight from equal weight.
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Buy IBM as investors underappreciate the strength of its software business, says JPMorgan
The investment bank upgraded the legacy tech name to overweight from neutral.
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Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants
“The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce,” Oracle said.
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Five things to watch in Tuesday’s primaries as New York races take center stage
Tuesday’s primaries in New York, Maryland and Utah test outside money, party power and the influence of Zohran Mamdani and Donald Trump.
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AI groups spend $20 million going head-to-head in New York race pitting Bores, Lasher, Schlossberg
Companies are spending big to shape AI policies at the federal level. And the Manhattan House Democratic primary will be a test of where voters stand.
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