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IBM announces new quantum processor, plan for Starling supercomputer by 2029
IBM's introduction of the Quantum Nighthawk processor and the development of the Starling supercomputer reflect a substantial investment aimed at advancing computational capabiliti...
Read Full Article →World Bank sharply cuts global growth outlook on trade turbulence
The updated forecast indicates a notable slowdown in worldwide economic expansion, reflecting increased uncertainties in international commerce and signaling the weakest growth per...
Read Full Article →Boeing airplane orders rise to highest level since late 2023 ahead of Paris Air Show
In May, Boeing secured 303 airplane orders, marking a notable increase in demand that could positively impact the company's revenue and production plans moving forward.
Read Full Article →69-year-old CEO says he turned 19 employees into millionaires after selling the company in a $1 bill...
After selling a majority stake in Dave's Hot Chicken for $1 billion, the 69-year-old CEO enabled 19 employees to achieve millionaire status through their ownership shares.
Read Full Article →Anduril tops 2025 CNBC Disruptor 50 list as interest and investment in defense tech booms
Anduril’s leading position on the 2025 CNBC Disruptor 50 highlights growing investor confidence and substantial financial momentum within the evolving sector of defense technology...
Read Full Article →As GOP weighs Obamacare cuts, the party's constituents are more likely to use marketplace coverage,...
As Republicans deliberate reducing support for health insurance marketplaces, a significant portion of their voter base depends on these plans, highlighting potential financial imp...
Read Full Article →'Collateral damage': Fund managers lobby Congress over Section 899 to avert foreign investors leavin...
Fund managers are urging lawmakers to reconsider Section 899, citing concerns that recent tax legislation may discourage overseas investors from participating in the U.S. equity ma...
Read Full Article →Temu and Shein are pivoting to Europe in face of U.S. tariffs. But they may not get a warm welcome
Temu and Shein’s strategic move toward the European market aims to mitigate tariff-related costs, but ongoing regulatory challenges there may impact their overall financial perform...
Read Full Article →Jim Cramer says Circle Internet stock is 'too hot' to buy up here
Jim Cramer highlighted that Circle Internet’s recent market performance suggests caution for investors considering purchase at current prices due to potentially inflated valuation...
Read Full Article →Crypto CEO accused of laundering $500 million linked to sanctioned Russian banks
The Department of Justice alleges that the cryptocurrency executive facilitated the movement of $500 million through connections with sanctioned financial institutions and governme...
Read Full Article →FDA approves Merck’s RSV shot for infants, ramping up competition with Sanofi and AstraZeneca
Merck’s newly authorized RSV vaccine for infants is expected to impact the market by challenging established treatments, potentially influencing sales and market share among leadin...
Read Full Article →Topgolf Callaway stock jumps 11% after director scoops up more than $2 million worth of shares
A director with connections to BlackRock and OpenAI recently acquired over $2 million in Topgolf Callaway shares, contributing to an 11% increase in the company’s stock value.
Read Full Article →Millions of student loan borrowers were promised an interest-free break. This woman's debt is still...
Despite assurances that interest would not accumulate during the SAVE forbearance period, some borrowers have observed increases in their loan balances, raising questions about the...
Read Full Article →OpenAI hits $10 billion in annual recurring revenue fueled by ChatGPT growth
OpenAI has reached a milestone of $10 billion in yearly recurring income, largely driven by increased demand and usage associated with its language model services.
Read Full Article →Robinhood shares drop after the online brokerage fails to get the nod to join the S&P 500
The decline in Robinhood’s stock reflects investor reaction to the company not being added to the S&P 500, which many viewed as a missed opportunity for increased market exposure.
Read Full Article →CEO recession expectations decline from April scare, survey says
Recent survey results indicate that fewer than 30% of top executives anticipate an economic downturn or reduced growth in the coming half-year, reflecting a shift in financial outl...
Read Full Article →Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows
The reduction in expected inflation for the coming year, influenced by a decrease in trade tensions, may impact market expectations and investment decisions moving forward.
Read Full Article →IonQ buys UK quantum startup Oxford Ionics for more than $1 billion
The acquisition reflects growing investments in quantum technology as companies seek to advance development and capitalize on emerging opportunities within this rapidly evolving in...
Read Full Article →Jim Cramer sees a 'bizarre' rotation in the market — plus, Starbucks makes a move in China
Jim Cramer highlights unusual shifts in investment trends, while Starbucks expands its presence in China, potentially impacting market dynamics and investor strategies moving forwa...
Read Full Article →Warner Bros. Discovery split throws the future of TNT Sports into question
The corporate separation of Warner Bros. Discovery raises uncertainty about TNT Sports’ distribution strategy, potentially affecting its revenue streams and long-term financial sta...
Read Full Article →'He’s like Iron Man': Jensen Huang lit up London Tech Week — and we were in the room
Nvidia's CEO Jensen Huang’s prominent presence and enthusiastic reception at London Tech Week highlight the company’s influential role and potential impact on the European tech mar...
Read Full Article →Watch out for this No. 1 red flag when buying your home: I've seen people miss this 'again and again...
According to real estate agent Dana Bull, overlooking a common but critical issue during a home purchase can lead to costly problems, emphasizing the importance of thorough evaluat...
Read Full Article →Jim Cramer's top 10 things to watch in the stock market Monday
Market participants remain cautious ahead of upcoming U.S.-China trade negotiations and key economic reports, as these developments could influence stock performance and investment...
Read Full Article →Chipotle to launch Adobo Ranch dip after sluggish start to the year
Introducing the new Adobo Ranch dip at an additional 75 cents could impact Chipotle’s revenue by encouraging more purchases and potentially improving sales following a slow financi...
Read Full Article →Sports agency Elevate launches $500 million college investment as payment landscape evolves
Elevate's $500 million investment initiative reflects the growing financial opportunities and changing dynamics in college athletics, as institutions explore innovative methods to...
Read Full Article →World's biggest sovereign wealth fund says EU markets need single regulator
Norges Bank Investment Management highlighted that coordinating regulatory oversight across European markets could enhance their competitiveness and attract greater investment by a...
Read Full Article →Nvidia CEO says the UK is in a 'Goldilocks' moment: 'I'm going to invest here'
Nvidia's CEO highlighted the current UK environment as highly favorable for business, indicating plans to allocate capital to support growth and innovation within the region.
Read Full Article →China and U.S. trade officials to hold talks in London
The discussions between American and Chinese trade representatives in London are expected to impact economic relations and influence future policies affecting global markets and in...
Read Full Article →Job market is 'trash' right now, career coach says — here's why
Economic uncertainty has led employers to reduce hiring efforts, resulting in fewer job opportunities and increased challenges for individuals attempting to secure employment in th...
Read Full Article →Nvidia’s Huang says programming AI is now like training a person
Nvidia’s CEO highlighted that advancements in AI programming are transforming the development process, potentially driving substantial growth and investment opportunities within th...
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