Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. CNBC MIAMI BEACH, Fla. — Billionaire investor Steve Cohen is standing by his long-term bullish view of artificial intelligence despite the wild volatility recently, saying the transformational shift could take decades to realize. “This is a 10- to 20-year theme. It’s … Read more
U.S. technology firms plunged in premarket trading, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off. Shares of chip designer Nvidia, a huge beneficiary of the AI hype, were down 13.60% at 05:52 a.m. ET ahead of the market open. Netherlands-based chip companies ASML … Read more
The World Artificial Intelligence Conference in Shanghai on July 6, 2023. Aly Song | Reuters BEIJING — A slew of releases last week demonstrate how Chinese companies such as DeepSeek and ByteDance have moved quickly with artificial intelligence models that compete with OpenAI’s ChatGPT. Now, many companies in China are increasingly building on that foundation … Read more
Natural gas exporter Venture Global shares fell 4% in its first day of trading, as the company looked to test investor appetite for energy stocks amid the Trump administration efforts to implement a sweeping agenda aimed at boosting oil and gas production. “The Trump administration has made very clear they support growing LNG exports,” Venture … Read more
An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images American Airlines‘ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending shares down more than 5%. The carrier forecast an adjusted loss per share … Read more
Washington , DC – January 20: President Donald Trump signs a series of executive orders at the White House on January 20, 2025, in Washington, DC. (Photo by Jabin Botsford /The Washington Post via Getty Images) Jabin Botsford | The Washington Post | Getty Images President Donald Trump has launched a sweeping offensive on energy … Read more
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Advertise here Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor … Read more
U.S. President Donald Trump during a rally at Capital One Arena ahead of the 60th presidential inauguration in Washington, DC, US, on Sunday, Jan. 19, 2025. Al Drago | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more
U.S. President-elect Donald Trump and his wife Melania Trump look on as they meet with U.S. President Joe Biden and first lady Jill Biden on inauguration day of Donald Trump’s second presidential term in Washington, U.S. January 20, 2025. Carlos Barria | Reuters U.S. stock market futures rose as Donald Trump was sworn in a … Read more
Melania Meme price on ape.pro website is displayed on a mobile phone with official melaniameme.com website in the background for illustration photo. Beata Zawrzel | Nurphoto | Getty Images Incoming first lady Melania Trump launched her own meme coin ahead of her husband’s inauguration as the 47th president of the United States on Monday. In … Read more