Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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T. rex sells for $50 million, becoming the most expensive dinosaur fossil ever auctioned
It passes a stegosaurus skeleton that billionaire hedge funder Ken Griffin bought for $44.6 million in 2024.
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Barclays believes SK Hynix’s U.S. shares can double. Here’s why
The memory shortage will allow price increases that will boost revenue, Barclays says.
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Apple in talks with startup that shrinks AI models to run on an iPhone
PrismML says its compressed version of Alibaba’s Qwen model uses up to 15 times less memory, potentially advancing Apple’s AI push.
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U.S. trade official says ‘very few’ Nvidia H200 AI chips have been shipped to China
The remark is a sign that H200 shipments to China have restarted, potentially boosting Nvidia’s sales even higher.
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Social Security cost-of-living adjustment estimate for 2027 falls as inflation cools
New estimates show Social Security’s annual cost-of-living adjustment for 2027 may be between 3.7% to 3.8%. Here’s what to know.
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Stocks making the biggest moves midday: IBM, Goldman Sachs, CleanSpark, HCA Healthcare & more
These are some of the stocks posting the largest moves midday.
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Bank of America says investors are too bullish so forget about summer market upside
Strategist Michael Hartnett worries the sheer level of optimism is a contrarian sell signal, saying investors should reduce their exposure to stocks.
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Here’s the inflation breakdown for June 2026 — in one chart
The consumer price index rose 3.5% in June from a year earlier, a deceleration after several months of upward moves.
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Jim Cramer says don’t bite on Apple sell call; buy his new chip favorite
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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Paramount still plans to close WBD merger by end of September despite lawsuit
Paramount is still planning for its acquisition of Warner Bros. Discovery to close by late September despite lawsuit challenge from state attorneys general.
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