Tag: business news
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Baldwin, Khanna propose new direct foreign investment review board to probe Trump’s deals
Sen. Tammy Baldwin and Rep. Ro Khanna, both Democrats, raised concerns with President Donald Trump’s courting of foreign investment.
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Prometheus live updates: Bezos and Bajaj’s exclusive interview with CNBC
Prometheus is Jeff Bezos’ AI startup that launched in November with $6.2 billion in funding. Vik Bajaj is his co-CEO.
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Shiny new toy: Retail traders are dumping AI favorites for SpaceX
Individual investors have dumped stocks including Micron, Advanced Micro Devices and Marvell.
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DoorDash lets customers use photos, prompts to order food and book reservations in latest AI push
DoorDash wants to let users simplify the ordering and reservation process through AI.
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Trump says U.S. will seize Iran’s Kharg Island and other ‘oil infrastructure points’
Trump said the forthcoming operations to take over Iran’s oil infrastructure, and its oil and gas markets, would be similar to U.S. actions in Venezuela.
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ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuEuropean Central Bank (ECB) President Christine Lagarde addresses the media after the ECB’s Governing Council meeting, at the ECB headquarters in Frankfurt, Germany,
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SpaceX soon-to-be millionaires are set to spend big on luxury homes, watches and private jet travel
SpaceX employees have to wait to sell their shares, but many are already planning how to spend their windfalls.
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Huge private equity software bets most at risk as investors face returns squeeze, Apollo says
Apollo’s deputy global head of private equity warned that PE investors should prepare for a “bifurcation” in returns.
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Bank of America buys into agentic AI trade, double upgrades this stock
The bank thinks a growing market for CPUs will be a boon to the chipmaker that has surged more than 60% since its first quarter earnings report release.
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Here are the odds of bear markets in each stock index this summer
For the S&P 500, a technical bear market decline of 20% from the closing high of 7,610 would mean a slide to 6,088.
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