Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Trump says Council of Economic Advisers head Pierre Yared is leaving
The Council of Economic Advisers has provided the president with information and advice on both domestic and international economic policy since 1946.
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Micron CEO: Customers driving hard bargain on price contributed to memory shortage
Micron CEO Sanjay Mehrotra said years of aggressive pricing pressure left the memory industry underinvested, contributing to today’s supply shortages.
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Jim Cramer says the AI trade has shifted — and these stocks are leading now
CNBC’s Jim Cramer said Wall Street is rewarding the companies supplying the artificial intelligence boom rather than the technology giants funding it.
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Dow futures dip after blue-chip index posts strongest first-half performance since 2021: Live updates
The Dow Jones Industrial Average rose 8.9% in the first half of 2026.
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Michael Burry says he’s shorting Caterpillar for the first time after it nearly doubled in the AI-driven rally of 2026
“Caterpillar jumped out at me,” Burry said. “I have never shorted Caterpillar. It has always done great for me on the long side in the past.”
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Trump’s annual financial disclosure shows more than $580M in crypto-related income
Trump’s 927-page financial disclosure report for 2025 totals more than 900 pages detailing holdings in cryptocurrency and stocks.
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Record chip rally adds $2 trillion in combined value to Micron, Intel and AMD in second quarter
Wall Street poured into chipmakers not named Nvidia in the second quarter, as the artificial intelligence boom expanded to include more suppliers.
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Palo Alto, CrowdStrike both have best quarter ever as AI threats bolster cyber demand
The cybersecurity leaders are leaning into identity security, a critical cyber segment, as AI agents outnumber humans
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Anthropic launches AI drug discovery program, joining tech giants in betting on healthcare
Anthropic will start an internal drug discovery program, part of a new push to sell artificial intelligence tools to drugmakers.
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