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.

Nvidia's stock closed at its first record since October, as a rally in Intel pushed chipmakers higher.
Anthropic said its latest agreement with Google expands on a longstanding partnership between the two companies.
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.
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.
Pennsylvania has four competitive House races in 2026, all of which are in areas where Gov. Josh Shapiro has AI data center expansion plans.
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.
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.
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.
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.
The high-profile trial between Elon Musk and Sam Altman is scheduled to begin Monday with jury selection.
The decision could have important ramifications for policymaking at an especially delicate time.
Tanker traffic through the strait remains very low as the U.S. and Iran try to enforce competing blockades during a fragile ceasefire agreement.
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.
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.
President Trump has said the government could buy Spirit.
President Donald Trump's nomination of Kevin Warsh to replace Federal Reserve Chair Jerome Powell had been effectively blocked because of the investigation.
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 the platform now see an 86% chance that Warsh's nomination is confirmed by the U.S. Senate by May 15.
The VanEck Semiconductor ETF (SMH) tracking the sector is up more than 30% this month.
Intel's strong quarter is driving sharp gains in another chipmaker.
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.
It's a big shift toward supporting psychedelic-based medicines for treatment-resistant depression, PTSD and substance use disorders, the FDA said.
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.
The Federal Reserve's April meeting, potentially Jerome Powell's last as chair, may impact many consumer borrowing and savings rates.