Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Abel goes his own way with new Berkshire investments, including billions for AI
Warren Buffett tells CNBC’s Becky Quick new Berkshire Hathaway CEO Greg Abel has “launched” with his first major deal.
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U.S. strikes Iranian sites after Iran launches drones, in latest Gulf flare-up
U.S. Central Command said in a post on X that the U.S. then struck Iran’s surveillance sites in Goruk and Qeshm Island, which are both on the Strait of Hormuz.
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Russia’s Sechin says U.S. companies benefit from the closure of the Strait of Hormuz
The closures of the Strait has rattled global markets, sending oil prices to multi-year highs, stoking global inflation and undermining economic growth.
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Cramer’s lightning round: Buy Reddit
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Cramer’s week ahead: Stocks face pressure from rates, oil, and a flood of new offerings
CNBC’s Jim Cramer warned that rising interest rates, elevated oil prices, and a wave of AI-related stock offerings could continue to pressure the market.
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AstraZeneca CEO says AI is reshaping drug development — and helping boost the odds of success
AstraZeneca CEO Pascal Soriot said AI is helping the company develop medicines faster and make smarter decisions throughout the research process.
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Marvell Technology and Flex to join S&P 500 index, replacing Pool and Campbell’s
The move highlights the growing importance of the technology sector to the stock market.
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A sell-off like Friday’s is ‘rarely the top’ of a rally, says Wharton’s Jeremy Siegel
The artificial intelligence-driven rally is different from previous market bubbles, according to Siegel, who likened it to the Industrial Revolution.
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