Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Waymo recalls about 3,900 robotaxis after some drove into ‘freeway construction zones’
After some Waymo robotaxis drove into closed construction zones, the company implemented a recall to fix underlying software issues.
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Next week’s inflation data just got even more important. Here’s what’s ahead for the market
Investors will now laser in on any signs that the central bank could hike interest rates against a backdrop of a buoyant stock market.
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Amazon investigating engineers who criticized AI data center expansion
Five Amazon employees testified at Seattle City Council meetings where officials sought feedback on a year-long data center new construction pause.
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Bears step up bets against high-yield sector, shaking up bond traders
The iShares iBoxx High Yield Corporate Bond ETF (HYG) saw elevated put volume on Thursday.
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Trump administration temporarily cuts student loan interest rates for borrowers on autopay
The Trump administration announced it will offer federal student loan borrowers who sign up for autopay a larger interest rate discount.
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The average SpaceX buyer post-IPO is almost under water after two-day slide
Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.
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NBA to name winning bids for Europe teams in the coming months, deputy commissioner says
The NBA plans to name winning bidders for 12 permanent European teams in the next 60 to 90 days, Deputy Commissioner Mark Tatum told CNBC.
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Wall Street recovers from Fed slump, and the next step for Amazon’s AI chip ambitions
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Trump DNI pick Pulte poised to get access to U.S. intelligence despite congressional bid to thwart
With President Donald Trump halting his nomination of U.S. Attorney Jay Clayton as director of national intelligence, Bill Pulte is set to take on the role.
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Kalshi traders see greater than 50% odds the Fed will hike rates this year
The Federal Reserve suggested higher rates could be in the cards, and traders on Kalshi see growing odds of a hike in 2026.
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