Alphabet paces for worst day in a year on AI concerns after high-profile exits
Google parent Alphabet has seen consecutive high-profile artificial intelligence researchers leave.

Google parent Alphabet has seen consecutive high-profile artificial intelligence researchers leave.
SpaceX has turned its Colossus data center into a commercial computing power platform, landing recent deals with Anthropic, Google and Cursor.
Alan Greenspan presided over the Federal Reserve for 19 years under four presidents and mastered the art of obfuscation known as Fedspeak.
Micron and Cerebras report this week. Also there's heavy options activity in Super Micro.
A rally following the company's record breaking IPO on June 12 has cooled, with stock dropping the past two full days of trading.
Iranian supertankers have switched on their transponders, after going dark during the war, as they depart the Persian Gulf loaded with oil.
Both chambers of Congress are expected to advance a sprawling housing package this week that's aimed at creating more supply and making homes more affordable.
Pennsylvania Gov. Josh Shapiro touted a $20 billion economic development deal last June, the state's largest ever. It's caused Shapiro no shortage of grief.
Will Cathcart will step down as the head of WhatsApp and move into another role at the company. Kunal Shah will take over.
JD Vance said U.S.-Iran talks in Switzerland made progress, with Tehran agreeing to allow IAEA inspectors back into Iran.
SpaceX on Monday unveiled a senior unsecured notes offering and said it held about $100.8 billion in cash.
The Meta CEO is seen as next to join the Tesla and SpaceX CEO. Nvidia CEO Jensen Huang is seen as the second-most-likely.
CNBC Elite Advisors recognizes wealth management firms serving high net worth and UHNW clients.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Keir Starmer’s exit puts Andy Burnham, gilts, sterling and the next UK chancellor in focus for investors.
Childcare can be expensive for both parents and their employers. Yet existing tax incentives to help defray those costs may go unused, a new report finds.
Target Chair Brian Cornell built the retailer into a $100 billion-plus giant, but recent struggles and underperformance have fueled investor calls for change.
Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.
The update comes even as industry trackers showed Iranian tankers have continued to sail through the strait.
With broader macro uncertainties driving pocketed volatility across the automotive sector, patient options traders have an exceptional set-up to harvest high-quality premiums.
Keir Starmer said he will resign as U.K. prime minister and Labour leader, triggering a contest to choose his successor.
UPS is announcing a new investment in healthcare logistics as demand for the temperature-controlled category booms, CNBC has learned exclusively.
Microsoft's embrace of natural gas shows a willingness to invest in fossil fuels to meet the power demand needed in its data centers.
Raising the minimum wage has been a progressive policy winner at the ballot box, but recent losses suggest an economic mood slowing its political momentum.