CNBC Daily Open: Apple reclaims its crown, SpaceX returns to Earth
Nvidia has been dethroned by Apple, with the company reaching a market cap of $4.95 trillion.
Anthropic CEO Dario Amodei says AI company isn’t advocating for ban of open-weight models
Critics have questioned why Anthropic didn’t sign an industry letter last week in support of open-weight models.
CNBC’s The China Connection newsletter: A U.S.-China debate that’s becoming bigger than tariffs
The AI race is heating up so fast this summer that it’s reshaping national priorities in the U.S. and China.
Dow jumps more than 500 points as oil prices slide, investors rotate out of chip stocks
Investors are bracing for a big week of mega-cap earnings and a Federal Reserve meeting.
SpaceX has now lost the equivalent of a full Tesla in market capitalization
Elon Musk’s space company has wiped off more than $1.2 trillion in market cap since hitting a high of $225.64 per share in June.
Nvidia and OpenAI in talks for up to $250 billion backstop to fund AI infrastructure plans
The backstop would let OpenAI raise debt for a data center campus in Pike County, Ohio, on the strength of Nvidia’s credit.
Op-ed: Over 2,000 proposals aim to govern AI. Not a single one addresses a long-term regulatory framework
AI can’t be regulated by the invisible hand of the market. We need a comprehensive future-focused regulatory framework.
Netanyahu, Zelenskyy come to DC for Graham’s funeral, meetings with Trump amid wars
The funeral for Sen. Lindsey Graham is bringing world leaders to Washington at a time when many are eager to meet with President Donald Trump amid wars.
CME launches single stock futures enabling investors to trade SpaceX, Micron and others 23 hours a day
CME Group on Monday launched cash-settled single-stock futures on 55 U.S. equities, along with micro-sized contracts on 22 names.
Stay away from this beer giant as Brazil ‘sin tax’ and post-World Cup hangover weigh on the stock, says Barclays
Belgian beer company Anheuser-Busch is trading at a premium it likely can’t sustain, the bank said.
