Cerebras pops 68% in Nasdaq debut, pushing the AI chipmaker's market cap to $95 billion
Cerebras is taking advantage of a bull market for silicon, as the chipmaker becomes one of the most notable pureplay AI IPOs to date.
Xi warns Trump: Mishandling Taiwan will put U.S.-China relationship in 'great jeopardy'
President Donald Trump met Chinese President Xi Jinping in Beijing on Thursday morning for the start of a high-stakes summit that runs through Friday.
China will order 200 Boeing jets, Trump tells Fox News
President Donald Trump told Fox News that China has agreed to buy 200 Boeing jets, according to a clip that aired Thursday.
Ford surges nearly 20% in two days. It might be an AI 'meme' stock after energy pivot
Ford Motor shares have been on a tear the past couple days, rising on buzz over its ties to the energy storage market.
Dems demand Lutnick resign over Epstein interview: 'You lied'
The White House said in February that President Donald Trump, who has also faced scrutiny over his relationship to Epstein, continues to stand behind Lutnick.
Bond market believes Fed behind the curve on inflation as Warsh takes over
Bond traders are hoping that the central bank's easing bias is replaced with a skewed view toward tightening.
Fed Governor Miran submits resignation, throws support behind Warsh as new chair
Miran served as a contrarian voice on the rate-setting Federal Open Market Committee.
Kash Patel appeals dismissal of defamation lawsuit against ex-FBI official Figliuzzi
Kash Patel, the FBI director, is separately suing The Atlantic for allegedly defaming him with an article that said he has abused alcohol.
CDC says there are no U.S. hantavirus cases currently, 41 people being monitored
The CDC said the risk to the general public from hantavirus remains low.
Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed
Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is "going to keep pumping."
Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?
Kevin Warsh received the fewest votes of any Fed chair in history. Will it cripple him?
Chinese parts are already in U.S. cars as lawmakers warn Trump against China auto deal
Trump-Xi talks spark bipartisan warnings over Chinese automakers, U.S. auto jobs, connected vehicles and China’s growing role in the supply chain.
Crypto industry scores win as Clarity Act regulation bill clears Senate hurdle
The Senate Banking Committee advanced a rules-of-the-road crypto bill known as the Clarity Act by a vote of 15-9.
Nearly 40% chances of stagflation by end of 2026, traders say
Traders are not optimistic about the state of economy by the end of this year, placing high chances of stagflation, a mix of high inflation and unemployment.
U.S. Border Patrol Chief Mike Banks resigns
Controversy over enforcement actions by Border Patrol and ICE led to a partial shutdown of DHS from February to late April.
Some short sellers are seeing opportunity in this tech mania. How they're spotting fake AI stocks
Hedge fund managers said the current environment — fueled by aggressive spending on AI — is creating a fertile backdrop for bearish wagers
UFC's Dana White urges Trump to reverse gambling tax law. His letter moved the prediction market
In the letter, Dana White said that the cap is already starting to create problems for the gambling industry.
China will work behind the scenes to help reopen the Strait of Hormuz, Bessent says
President Trump held talks with President Xi during a two-day summit in Beijing on Thursday.
A Starbucks upgrade tackles a thorny issue pushed by the stock's skeptics
TD Cowen is optimistic that Starbucks is on its way to mounting a successful turnaround, but execution is key.
Musk's China trip during OpenAI trial prompts apology from his lawyer for CEO's absence
Musk sued his OpenAI co-founders Sam Altman and Greg Brockman, alleging they had violated a promise to keep their company a nonprofit.
Goldman says tech stock 'up crash' is sign of even more gains to come
Stocks are rallying so fast it's creating a volatility dynamic that's only been seen four times in history.
These three artworks could sell for $100 million each next week as May auctions begin
The wild card for the May auctions is the Middle East, with the Iran war clouding buyer expectations.
Retail investors have a new 'toy' for speculation, Barclays says
Barclays analysts said predictions markets are seeing trading volume that rivals other speculative investments popular with retail traders.
Trump-Xi summit could hinge on these two crucial tech flashpoints
Access to the world's second largest economy for U.S. tech companies and talks on critical minerals could be key points of discussion.