Baker Hughes sees no slowdown in energy projects despite higher rates as AI buildouts stoke LNG demand
Baker Hughes has yet to see higher borrowing costs slow investment in major energy projects.
Z.ai shares tumble over 10% after $5 billion fundraising, its second major raise in two months
Z.ai shares tumbled after the Chinese AI company announced its second major fundraising in two months.
Iran says it destroyed U.S. advanced drone over Hormuz as Middle East conflict intensifies
Iran said it downed an advanced American drone over the Strait of Hormuz, as Tehran and Washington trade warnings and strikes with no sign of de-escalation.
10-year Treasury yield hits 5% before reversing as traders await Fed meeting
The 10-year U.S. Treasury note yield moved lower after reaching a multiyear high on Monday ahead of this week’s Federal Reserve interest rate decision.
Prediction markets are becoming more professionalized, but also harder to beat
The institutionalization of prediction markets threatens to erode the edge of skilled traders who earn off mispricing and market inefficiencies, experts say.
CNBC Daily Open: Peace talks amid pipeline shocks
Statements from the BRICS summit over the weekend had a common thread: Nations want peace in the Middle East.
Jim Cramer questions Anthropic CEO’s slowdown manifesto and puts forth an action plan
While I have grown tired of his endless proclamations, Dario Amodei does raise points that will impact many stocks if the spending curb proceeds.
Oil prices rise after Saudi Arabia shuts down critical pipeline that bypasses Strait of Hormuz
Saudi Arabia has faced escalating attacks from Iran-allied militant groups in recent days.
Stocks slide to begin week as 10-year yield briefly touches 5%, oil rises: Live updates
The S&P 500 fell on Monday as investors monitored a major shakeup in the pipeline for artificial intelligence initial public offerings.
Anthropic’s Amodei says China presents ‘toughest dilemma’ for his proposed AI slowdown
OpenAI CEO Sam Altman, Demis Hassabis, the chair of Google DeepMind, and Elon Musk have all welcomed Amodei’s proposal.
