S&P 500 pulls back from record Tuesday, Nasdaq closes lower as chip stocks sell off: Live updates
The S&P 500 fell on Tuesday, weighed down by a report that pointed to weakness in OpenAI as well as a rise in oil prices.
CNBC’s The China Connection newsletter: AI is moving into the physical world — fast
From cars to robots, industries across China are seeing AI expand from cloud-based systems into devices.
Judge in Musk v. Altman seats nine-person jury. Opening arguments start Tuesday
The Musk v. Altman trial kicked off at a federal courthouse in Oakland, California, with jury selection followed by opening arguments.
Pharma bets a little-known form of cholesterol will underpin its next blockbuster heart drugs
Novartis, Amgen and Eli Lilly are betting that slashing levels of a particularly bad form of cholesterol could deliver the next blockbusters in cardiology.
Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era
Dalio said that if Kevin Warsh were to cut rates, it would risk damaging confidence in the central bank at a critical moment.
Nvidia, Intel call buyers defy the dip in chip stocks
One of the biggest trades in the group this morning is a $2.2 million purchase of 2,168 $210-strike calls in Nvidia that expire May 15.
Investors usually ‘sell in May and go away.’ Why that may not work this year
The maxim may not hold up this year, as a stock market at all-time highs exhibits signs of further momentum.
Trump discussed Iran’s Hormuz Strait proposal with top aides, White House says
The Trump administration has repeatedly insisted that the central goal of the conflict is keeping Iran from ever obtaining a nuclear weapon.
Former Google DeepMind researcher’s AI startup raises record $1.1 billion seed funding to pursue superintelligence
Ineffable Intelligence has emerged from stealth with a $5.1 billion valuation.
Prediction markets prepare to invade one of crypto’s biggest and riskiest trades
There’s a land grab underway in the U.S. for perpetual futures, one of the biggest and riskiest parts of crypto — and prediction markets want a piece of it.
