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Nvidia closes at record as AI chipmaker's market cap tops $3.4 trillion

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Nvidia shares closed at an all-time high on Monday as the chipmaker continues to ride a massive wave of demand for its artificial intelligence chips.

Published: 2024-10-14 20:33:42

Fed Governor Waller sees need for 'more caution' ahead when lowering interest rates

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Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.

Published: 2024-10-14 20:13:14

Trump Media stock surges as election betting odds shift, Truth Social launches streaming site

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The DJT surge came as some election betting markets shifted in favor of Donald Trump over Kamala Harris, and as Trump Media launched a Truth+ streaming site.

Published: 2024-10-14 20:36:10

Warren Buffett's Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal

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Berkshire hiked its bet after Liberty Media completed its deal in early September to combine its tracking stocks with the rest of the entertainment company.

Published: 2024-10-14 17:06:12

Boeing factory strike crosses 1-month mark as pressure mounts on new CEO

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Boeing's CEO Ortberg will answer to investors in his first Oct. 23 earnings presentation as the aerospace giant faces swirling crises.

Published: 2024-10-14 20:28:57

Trump's crypto coin goes on sale with Election Day just three weeks out

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Donald Trump's World Liberty Financial is set to launch its token on Tuesday, but prospective investors have been told little about the project.

Published: 2024-10-14 21:37:45

SpaceX’s Starship rocket completes fifth test flight, lands booster in dramatic catch

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SpaceX launched its fifth test flight of its Starship rocket on Sunday, taking a major step forward in the vehicle's development.

Published: 2024-10-13 14:18:49

Elon Musk is on track to become a trillionaire by 2027. Here's why the rich keep getting richer

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Wealthier individuals typically have larger portions of their assets in the stock market, while middle-income households hold more wealth in real estate.

Published: 2024-10-12 10:04:01

Jim Cramer explains why the Magnificent Seven have lasting strength in the market

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The Magnificent Seven includes Amazon, Alphabet, Apple, Microsoft, Nvidia, Meta and Tesla.

Published: 2024-10-14 22:59:59

Harris proposes 1 million forgivable loans to Black entrepreneurs, as Trump makes inroads

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Vice President Kamala Harris unveiled an "Opportunity Agenda" plan for Black men, which includes providing forgivable loans to entrepreneurs.

Published: 2024-10-14 17:30:22

Election betting: Appeals court fast-tracks CFTC challenge to Kalshi political bets

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The Commodity Futures Trading Commission opposes the offer of bets on political races offered in contracts by Kalshi and other event-based platforms.

Published: 2024-10-14 21:16:53

Elliott asks for December special meeting at Southwest Airlines, cuts board slate to 8

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Activist investor Elliott Management has requested a Dec. 10 special meeting date at Southwest Airlines, as it seeks to oust CEO Bob Jordan.

Published: 2024-10-14 17:37:20

Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more

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With the U.S. election less than a month away, the country and its corporate sectors are staring down two drastically different options.

Published: 2024-10-13 13:36:31

We still have this lagging chipmaker on our buy list as the stock market pushes to more new highs

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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Published: 2024-10-14 18:48:21

Retirees can shop for health-care coverage during Medicare open enrollment. It's a great time to review costs, experts say

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From Oct. 15 through Dec. 7, Medicare enrollees have the ability to switch plans for 2025. Here's what changes experts say to watch for next year.

Published: 2024-10-14 19:39:37

Tuesday's big stock stories: What’s likely to move the market in the next trading session

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The S&P 500 and Dow Industrials rose to fresh records on Monday. Here's what CNBC is watching going into Tuesday.

Published: 2024-10-14 23:38:14

Why Honeywell CEO Vimal Kapur doesn't think the AI payoff will come from productivity

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Honeywell's CEO Vimal Kapur says the biggest issue that AI can solve in an industrial setting is a generational shortage of skilled labor.

Published: 2024-10-14 15:08:45

Pro-Palestine protestors cause disturbance outside the New York Stock Exchange

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A pro-Palestinian protest erupted outside of the New York Stock Exchange on Monday.

Published: 2024-10-14 17:00:55

Here's who would benefit from Trump's proposed tax break on car loan interest

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A tax deduction on car-loan interest proposed by former president Donald Trump would likely benefit wealthier taxpayers who buy expensive cars, experts said.

Published: 2024-10-14 18:46:05

Nobel economics prize for 2024 awarded to Daron Acemoglu, Simon Johnson and James Robinson

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The winner of the award, officially the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel," receives $1 million.

Published: 2024-10-14 18:19:18

The Federal Reserve may have pretty much just hit its 2% inflation target

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In fact, economists at Goldman Sachs think the Fed may already be there.

Published: 2024-10-11 19:43:54

U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again

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Soft demand in China has weighed on the market for months.

Published: 2024-10-14 18:52:43

Boeing to cut 17,000 jobs as losses deepen during factory strike

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Boeing said it will lay off about 10% of its workforce as its losses deepen from an ongoing factory strike.

Published: 2024-10-14 12:48:03

Russian oil trade is rising with record crude volumes on 'dark fleet' vessels despite sanctions, price cap

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Lloyd's List reports record volumes of Russian oil carried on "dark fleet" vessels and sanctioned tankers without known insurance in September. 

Published: 2024-10-14 18:21:07

Trump's tax cuts could expire after 2025. Here's how top-ranked advisors are preparing

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Trump's tax cuts could expire after 2025. Here are tax-planning strategies from top-ranking advisors before the tax breaks sunset.

Published: 2024-10-13 13:55:14

'The choice of the people': How Modelo and Corona maker Constellation Brands won the loyalty of Hispanic consumers in the U.S.

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A focus on Latinos in the U.S. has helped drive growth in Constellation Brands' beer business.

Published: 2024-10-12 12:26:22

ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth

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American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.

Published: 2024-10-14 13:21:12

South Fork Wind offers a glimpse at what's possible as offshore wind power projects struggle to gain traction

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The first commercial-scale offshore wind farm in the U.S. is now connected to the grid, but the industry faces an uncertain future, plagued by high costs.

Published: 2024-10-13 13:09:50

Trump to move fast on tariffs, says Wall Street firm, citing clients who met with ex-trade chief

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Lighthizer, the U.S. trade representative during Trump's first term, is a top prospect for a number of potential Cabinet posts if Trump wins the White House.

Published: 2024-10-13 13:47:26

Stripe, Wise founders want a 'tech renaissance' in Europe to help region rival Silicon Valley

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Founders of some of Europe's largest technology unicorns are calling for the creation of a single pan-European entity to promote startups and innovation.

Published: 2024-10-14 11:52:53

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