Generative AI ‘FOMO’ is driving tech heavyweights to invest billions of dollars in startups
Tech giants are backing artificial intelligence startups, often investing huge sums in exchange for access to the technology.
Best Buy offers to screen LGBTQ nonprofit donations after conservative pressure, filing shows
In an email exchange with a conservative think tank, tucked into an SEC filing, the electronics retailer offered to screen its employee groups’ donations to LGBTQ causes.
Trump’s deals to sell Bibles, sneakers and perfume are unprecedented for a presidential candidate, experts say
Donald Trump is promoting an array of products, including Bibles, sneakers and perfume, while he runs against President Joe Biden.
Key Fed inflation gauge rose 2.8% annually in February, as expected
The core personal consumption expenditures price index was expected to increase 0.3% in February.
3 presidents, celebrity performances and protester interruptions at Biden campaign’s $26M fundraiser
The Biden campaign said a sold-out crowd of more than 5,000 supporters at Radio City Music Hall helped raise a record amount for a single event.
Tesla’s awful quarter has Wall Street on edge ahead of delivery numbers
Tesla shares plunged 29% in the first quarter, the worst period for the stock since the end of 2022 and the third-steepest quarterly drop on record.
Watch CNBC’s live coverage of Friday’s key inflation data
The Commerce Department on Friday will release the February reading for the personal consumption expenditures price index.
Reddit shares plunge almost 25% in two days, finish the week below first day close
Reddit shares are plummeting from the rally highs experienced after the social messaging company’s IPO last week.
Wall Street could be in for another good quarter after an exuberant start to the year, history shows
Many investors are deliberating whether the rally can continue in the second quarter, or if stocks are due for some sort of consolidation.
