Cramer says new AI technology can’t help bring down inflation just yet
CNBC’s Jim Cramer on Monday said he is hopeful new AI technology will cut costs, but it will not help lower interest rates any time soon.
Nasdaq jumps to record close, Dow adds more than 100 points ahead of consumer inflation report: Live updates
On Tuesday, traders looked for clarity on future Federal Reserve policy moves after April’s producer price index rose more than expected.
Amazon-backed Anthropic launches its Claude AI chatbot across Europe
Anthropic says that, starting Tuesday, individuals and businesses in Europe will be able to access its Claude chatbot through the web and via an iOS mobile app.
GameStop short sellers lost almost $1 billion in Monday’s monster rally
Short-selling hedge funds suffered a mark-to-market loss of $838 million in the brick-and-mortar video game retailer.
These ‘short squeeze’ candidates are being heavily bet against
As a new meme frenzy unfolds in the market, traders are once again making bets in stocks with high levels of short interest.
Why ether’s supply is growing again and what it means for investors: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
The revived craze for GameStop is confusing Wall Street. It’s ‘not in a position to be profitable’
From a fundamental standpoint, the brick-and-mortar video game company isn’t deserving of such a stock pop.
Melinda French Gates to resign from Gates Foundation, will pursue own philanthropy with $12.5 billion grant
Bill Gates, the founder of Microsoft, and Melinda French Gates divorced in 2021 but since then have continued to operate the Gates Foundation together.
Google and Apple partner to fight location tracker stalking
The move is the latest sign that the two companies are working to address the downside of wireless trackers like Apple’s AirTag.
Freetrade, Britain’s answer to Robinhood, says its CEO is stepping down
British stockbrokerage platform Freetrade told CNBC exclusively Monday that its long-time CEO Adam Dodds has stepped down.
