Elon Musk companies are gobbling up Nvidia hardware even as Tesla aims to build rival supercomputer
While Elon Musk says Tesla is trying to build an AI supercomputer, his companies are spending billions of dollars on Nvidia hardware.
Darden posts first same-store sales decline since pandemic, offset by Ruth’s Chris acquisition
LongHorn Steakhouse was the company’s only division to report same-store sales growth.
Reddit prices IPO at $34 per share in first major social media offering since 2019
Reddit priced its IPO on Wednesday at $34 a share, valuing the social media company at about $6.5 billion.
Foremost Group CEO Angela Chao was intoxicated during fatal car accident in Texas pond: police
Angela Chao, sister-in-law of Sen. Mitch McConnell, died when her Tesla went into a pond at a Texas ranch. She was CEO of shipping company Foremost Group.
Amazon gets boost from 72% pop in AI company Astera Labs’ IPO
Amazon is poised to benefit from the Astera Labs IPO after signing agreements that allow it to buy about 2.3 million shares.
Fed holds rates steady and maintains three cuts coming sometime this year
The Federal Reserve on Wednesday released its decision on interest rates following its two-day policy meeting.
The Federal Reserve holds interest rates steady, with no immediate relief for consumers from sky-high borrowing costs
As the Federal Reserve postpones rate cutting, here’s what that means for your credit card, mortgage rate, auto loan and savings account.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January.
Don’t trust Trump’s ‘impossible’ appeal bond claims, attorney general tells judges
Trump’s lawyers “supply no documentary evidence that demonstrates precisely what real property they offered,” to potential bond insurers, the AG’s office wrote.
Reddit power users balk at chance to participate in IPO as Wall Street debut nears
Reddit is inviting some users to participate in its IPO this week, but moderators told CNBC that they’re not taking the company up on its offer.
