Nvidia stock closes at record, pushing market cap past $5 trillion
Nvidia's stock closed at its first record since October, as a rally in Intel pushed chipmakers higher.
Google to invest up to $40 billion in Anthropic as search giant spreads its AI bets
Anthropic said its latest agreement with Google expands on a longstanding partnership between the two companies.
Pirro could reopen Fed probe at any time, Democratic senators warn
Sens. Elizabeth Warren and Dick Durbin, in a letter obtained first by CNBC, question Jeanine Pirro's mention of reopening a probe of Fed Chair Jerome Powell.
Special Forces Sgt. in Polymarket Maduro raid bet case released; Kalshi says it blocked him
Sgt. Gannon Ken Van Dyke was involved in planning the raid to capture Nicolás Maduro even as he allegedly made Polymarket bets that paid off from that raid.
AI data center backlash threatens Pennsylvania GOP incumbents in 2026 election
Pennsylvania has four competitive House races in 2026, all of which are in areas where Gov. Josh Shapiro has AI data center expansion plans.
Analysis: The threat to the Fed's independence isn't over
President Donald Trump has waged a long campaign to rein in the Fed. Prosecutors' decision to drop an investigation into Jerome Powell isn't the end.
How the restaurant group behind NYC's Carbone is overcoming young people shunning alcohol
Major Food Group CEO Mario Carbone said younger consumers are spending less on alcohol and more on experiences, which is playing into his company's strategy.
How a new Amazon-backed Hollywood production startup deploys AI for speed and cost-cutting
A new AI-powered hybrid Hollywood startup backed by AWS is betting that cutting-edge production tech can cut costs, speed up filming and bring jobs back to LA.
20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
Meta said it's cutting 10% of its workforce, just as Microsoft announced that it's offering employee buyouts for the first time in its 51-year history.
Musk v. Altman heads to court next week. Here's what's at stake
The high-profile trial between Elon Musk and Sam Altman is scheduled to begin Monday with jury selection.
Will he stay or will he go? With criminal probe over, Fed Chair Powell faces big decision
The decision could have important ramifications for policymaking at an especially delicate time.
Strait of Hormuz may not fully reopen until second half of 2026, Baker Hughes says
Tanker traffic through the strait remains very low as the U.S. and Iran try to enforce competing blockades during a fragile ceasefire agreement.
Kushner, Witkoff — not Vance — heading to Pakistan for 'direct talks' with Iran, White House says
President Donald Trump said he is in no rush to make a peace deal, claiming the Iran war has harmed stocks and oil prices less than he expected.
Bessent defends U.S. dollar swap lines as Iran war harms global finances
President Donald Trump, asked on CNBC's "Squawk Box" this week about a possible UAE swap line, appeared to say he is in favor of it.
Clock ticks on Spirit Airlines as bondholders weigh Trump bailout. Here's what could happen next
President Trump has said the government could buy Spirit.
DOJ ends Powell probe, lifts hurdle for Trump’s Fed chair nominee Warsh
President Donald Trump's nomination of Kevin Warsh to replace Federal Reserve Chair Jerome Powell had been effectively blocked because of the investigation.
Amazon custom chips get a boost from Meta, giving the cloud giant another path to win in AI
Amazon hits a record high after its new Meta deal highlights how AWS is gaining traction in AI through both cloud capacity and its custom chips.
Bettors on Kalshi now see Warsh likely confirmed by mid-May after DOJ drops Powell probe
Bettors on the platform now see an 86% chance that Warsh's nomination is confirmed by the U.S. Senate by May 15.
Buying chip stocks is getting pricey. Traders don't care
The VanEck Semiconductor ETF (SMH) tracking the sector is up more than 30% this month.
AMD shares soar 12% on no company news. Here's what has investors so excited
Intel's strong quarter is driving sharp gains in another chipmaker.
Nuclear reactor company X-energy shares surge 27% as AI drives interest in its IPO
Advanced nuclear reactor company X-energy began trading Friday as the AI boom and electrification broadly spark a flurry of interest in the nuclear industry.
FDA fast-tracks psychedelic drug research following Trump executive order
It's a big shift toward supporting psychedelic-based medicines for treatment-resistant depression, PTSD and substance use disorders, the FDA said.
Regeneron weighs overseas price for Otarmeni, gene therapy for rare type of hearing loss
Regeneron will make its newly approved gene therapy available for free in the U.S. The company hasn't yet decided how much it will charge in other countries.
Fed is likely to hold rates steady — here's how that impacts consumer costs
The Federal Reserve's April meeting, potentially Jerome Powell's last as chair, may impact many consumer borrowing and savings rates.