Bitcoin cracks $60,000, sinking to lowest level since October 2024
The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets.
Trump administration, OpenAI discussing possible government stake in the AI startup
OpenAI CEO Sam Altman first shared the idea with the Trump administration in 2025, according to a source.
Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
Another big jobs report in May has swept aside the possibility of interest rate cuts anytime soon.
Alphabet is seeking fresh capital as stock's 4-week losing streak tests investor appetite
Alphabet expects capex to reach up to $190 billion this year, double last year's spending, and the company is turning to investors to help fund its expansion.
Crypto mutiny on Strategy: Shorts target 'MSTR' in bitcoin bloodbath
Flows around Strategy (MSTR) and the company's variable-rate preferred stock STRC are turning bearish this week.
Trump wants Bill Pulte to fire big chunk of national intelligence office staff: WSJ
President Trump's comments are sure to roil members of Congress who criticized the appointment of Bill Pulte as acting national intelligence director.
Prediction market firms face growing scrutiny as Congress weighs regulation
Rep. Bryan Steil, R-Wisc., is working on a bill to ban Congress members and their staff from certain bets on prediction markets such as Kalshi and Polymarket.
Apple's WWDC: Tim Cook's AI legacy at stake in his final developer conference as CEO
Apple heads into WWDC with Tim Cook’s AI legacy, Siri’s future as an agentic platform, and the stock’s rich valuation all on the line.
Warren Buffett disciple Guy Spier built career on value investing. A rare cancer changed everything
After a glioblastoma diagnosis, value investor Guy Spier rethought wealth, time and legacy — and the impact he can have on rare disease research.
Inside the $850 million Obama Presidential Center ahead of its Juneteenth opening
President Obama's library will cost $30 to visit, making it the most expensive presidential museum or library in modern history.
Model routing is a fix for AI overspending. That's a problem for OpenAI and Anthropic
Companies are shifting from running everything on the most powerful AI model to matching each task to the right one, a practice called model routing.
Boeing to start 737 Max production on new assembly line July 6, CEO says
The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month.
Lululemon cuts annual outlook, citing 'negative' media commentary and disappointing product launches
Lululemon is expecting its situation to get a lot worse before it gets better, as it issued weak guidance for the full year.
The gold chart looks precarious. Here's how to profit
Gold is at a technically precarious juncture, and the good news for you is that options market may be mispricing the risk.
No tech, no problem. Dow makes record and traders think these stocks can lead now
Traders bought about 5,300 calls in the State Street Health Care Select Sector SPDR ETF (XLV) on Thursday, compared to just over 1,000 puts, according to data from ThinkOrSwim.
Apple stock is coming hot into next week's WWDC. How the company can meet the moment
When it comes to Apple and what investors in the stock at these levels care about, it is all about Apple Intelligence
Odds of a Fed hike this year jump on prediction markets
Following an unexpectedly hot jobs report, prediction market traders see a 52% chance the Federal Reserve increases interest rates this year.
AI is designing OpenAI's next model in a sign of 'superintelligence': SoftBank's Masayoshi Son to CNBC
SoftBank CEO Masayoshi Son said his forecast of artificial superintelligence arriving in 10 years was "conservative" and thinks it will be here sooner.
Amazon unveils latest warehouse robot as tech giants continue AI layoffs
"Our experience of robots is that it's actually driven up employment rather than the reverse," Amazon executive John Boumphrey told CNBC.
LinkedIn co-founder Reid Hoffman is leaving Microsoft's board after almost a decade
Reid Hoffman was one of OpenAI's first donors, and he left its board in 2023 as the nonprofit cozied up with Microsoft.
Broadway's $1.9 billion season is the latest sign of consumers splurging on experiences
Sunday's Tony Awards follow a record-breaking season on Broadway. The awards often lead to further ticket sales for winning shows.
Trump Accounts don't 'rule' child investments, advisor says: How your options compare
Trump Accounts, along with 529 plans, custodial accounts for minors and Roth IRAs, are all valuable options depending on the child's needs and long-term goals.
Family offices bet on sports, from pickleball leagues to smart soccer balls
While AI startups dominate deal-making news, investment firms of the ultra-rich are still keen on sports.
Where investors may find the next 'big wave' for AI trade
Tim Urbanowicz, chief investment strategist at Innovator from Goldman Sachs Asset Management, tackles the AI boom.