CoreWeave beats on revenue and lifts guidance, easing AI slowdown concerns
CoreWeave's stock has been hammered heading into the neocloud's Q3 earnings report.
THE LAST TWO WEEKS
Financial news archive
Checked hourly. Source-linked news briefs from the past 14 days. Our original blogs are kept separately and do not expire.
Mississippi Senate: Scott Colom extends tight lead over Hyde-Smith as ballot deadlines hit
Tuesday was the deadline for provisional ballots to be resolved in Mississippi, and the deadline for the receipt of mail-in absentee ballots.
Hegseth impeachment measure vote begins in House
GOP Rep. Thomas Massie, who has clashed with President Donald Trump, kicked off the Hegseth impeachment fight days after a blue wave midterm election.
White House vows to press ahead with tariffs despite midterm backlash over rising prices
Business executives warned at a Washington summit of rising costs and shifting supply chains as polls showed growing opposition to Trump's tariffs.
Homeowners tap equity as HELOC balances post biggest jump since 2005: New York Fed report
The rise in balances on HELOCs marks the 18th consecutive quarterly increase, according to a new report from the Federal Reserve Bank of New York.
GE Vernova sellers have it all wrong — plus, why Fed rate hike odds are soaring
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Fossil CEO says turnaround is ahead of plan as sales return to growth
Watchmaker Fossil said Tuesday that the company is returning to profit and sales growth in the first signs of its turnaround strategy.
Schumer accuses Trump of defending Nvidia CEO Jensen Huang at cost of national security
Rep. John Moolenaar, R-Mich., the Republican chairman of the Select Committee on China and told CNBC he expects answers about Jensen Huang's relationship.
10-year Treasury yield races back to 5% as inflation data, Waller comments drive rate hike expectations
Treasury yields moved higher after a hotter-than-expected CPI report.
Ex-Google recruiter: You're answering 'Tell me about yourself?' all wrong, and other job interview mistakes—do this instead
Former Google recruiter Farah Sharghi shares her best advice for how to turn coffee chats into real introductions and interviews.
Jim Jordan elected House GOP leader
House Speaker Mike Johnson, R-La., announced the day after Election Day he would not run for minority leader in the 120th Congress.
Nvidia hires law firm Wachtell Lipton to lead Jensen Huang affair probe
On Sunday, Huang admitted to having an affair with a woman who has been connected to Chinese intelligence by reports in The New York Times and Financial Times.
Traders bet on a pop for Anthropic's historic IPO
Perpetual futures traders see Anthropic popping on its IPO
Amazon's Ring unveils flying drone and robot to patrol homes and businesses
Amazon's $250 Ring Drone Cam flies from room to room to investigate suspicious activity, and can capture footage at night.
Op-ed: In Nvidia CEO Jensen Huang's alleged China spy scandal, there's plenty of blame to go around
In the AI era, our economic competitiveness, military capabilities, and intelligence edge can be taken down by one man. We aren't prepared. Congress must act.
Alphabet shares appear to have bottomed. How to play it for a quick rebound
After a brutal sell-off, Alphabet appears to be showing signs of a floor. Here's how to trade it with options
Credit card debt climbs to a record $1.29 trillion, New York Fed research finds
As high prices continue to strain household budgets, many consumers have turned to credit cards to help make ends meet.
Fed Governor Waller sees December hike likely, opens door to possible half-point increase
The policymaker said he "is leaning toward" a rate increase in December and could support a half-point hike depending on inflation data.
Our Nvidia downgrade — plus, Cramer is looking to add to this position
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Here's the inflation breakdown for October 2026 — in one chart
The consumer price index rose 0.4% in October, a reduction from September but a level economists said is still uncomfortably high.
Anthropic's trillion-dollar IPO is coming, but retail investors could have owned AI stock much earlier
Anthropic is on target for an IPO that could value the AI company at over $1.4 trillion. Investors had multiple ways to buy the stock much earlier.
U.S. gas prices fall below $4 for the first time since July
Americans may finally find some relief at the pump.
House Oversight calls on DOJ to interview key Epstein witnesses, says govt. ‘failed’ survivors
"The federal government has failed the survivors of Jeffrey Epstein and Ghislaine Maxwell's horrific crimes for decades," Rep. James Comer, R-Ky., said.
Bridgepoint sees opportunity in 're-rated' real estate
While higher interest rates are chasing many investors away from real estate, Bridgepoint Group sees opportunity in overlooked corners of the property market.
Anthropic sets IPO price range of $70 to $78, looks to start trading Nov. 19, sources say
Anthropic's IPO is expected to come roughly five months after Elon Musk took SpaceX public in a record offering.
Rivian CEO says new R2 SUV, autonomy make 2027 an ‘inflection year’ as EV maker marks five years since IPO
Rivian CEO RJ Scaringe says 2027 will be an “inflection year” as the EV maker scales R2 and invests in autonomy.
Jensen Huang's affair with alleged Chinese spy further complicates Nvidia’s China problem
The allegations against Jensen Huang have brought new attention to the Nvidia CEO's potential influence over U.S. policy on chip sales to China.
CoreWeave earnings put debt-fueled AI build-out under scrutiny
CoreWeave’s earnings after the bell could calm fears about its debt-fueled AI buildout — or stoke more fear.
FDA warns of vision loss risk linked to popular GLP-1 drugs like Wegovy, Zepbound
The agency has found evidence of a potential increased risk of a rare eye condition linked to the use of GLP-1 drugs used for weight management and diabetes.
Does anyone feel safe from layoffs right now?
AI fears and a lackluster job market are fueling a looming worry that layoffs are around the corner, even if you do your job well.
How much you can make in 2027 and still pay 0% capital gains tax
The IRS has announced higher long-term capital gains tax brackets for 2027. Here's what investors need to know.
France blames Iran for supermarket refrigerator cyberattacks, weighs sanctions
France said the cyber unit of Iran's Islamic Revolutionary Guard Corps carried out an "unprecedented campaign" that caused millions of euros in damage.
'Markets bottom on bad news' maxim rings true as chip stocks rally amid Nvidia scandal
The cliche is one of those smart-sounding rules of thumb that proves true just often enough to remain a Wall Street cliché in good standing.
How GM is trying to talk used car shoppers into buying new vehicles
Automakers say that substantial shares of the customers walking into a dealership looking for certified used cars end up buying new. Here's how it works.
Polymarket says annualized revenue has topped $1.8 billion
Amid growth of its U.S. exchange, the prediction market platform’s current annual run-rate is $1.8 billion.
Bilt bets on local businesses, hospitality and major sports franchises, expanding beyond residential rewards
Bilt is announcing the launch of two new platforms designed to help local businesses and event venues attract customers and build loyalty.
Trump's 2028 successors are already fighting over who to blame for GOP midterm wipeout
JD Vance, Marco Rubio and Ron DeSantis offer competing explanations for the GOP's midterm defeat as Trump keeps his potential successors guessing.
Trump says Iran war to end 'fairly soon,' plays down prospects of new strikes
“Iran militarily is effectively over,” Trump said, citing the destruction of its navy and surging inflation that he said has hollowed out Tehran's economy.
Trump’s C-SPAN call marks latest surprise post-midterm appearance
Trump called C-SPAN's new primetime show unannounced after a surprise White House briefing-room and ballroom appearances.
PepsiCo to cut about 1,000 jobs as North American business struggles
PepsiCo plans to cut about 1,000 jobs across North America as it streamlines operations and works to revive sales in its home market.
3 unexpected reasons the October jobs report was so strong
October's jobs report blew past economist forecasts. Here are three reasons.
Children’s Place files for bankruptcy protection, seeks buyer
The Children's Place has filed for chapter 11 bankruptcy protection and is seeking bids from potential new owners by Dec. 9.
Jensen Huang exit odds are low on prediction markets after Nvidia probe
Prediction markets traders price relatively low odds that the Nvidia CEO will depart in the near term.
Goldman CEO Solomon says AI financing remains strong despite market jitters
Goldman CEO David Solomon says investor appetite for AI infrastructure remains strong despite a reset in AI stocks and political uncertainty around data centers.
Why the prognosis for healthcare stocks is uncertain ahead of Congress’ new makeup
Healthcare stocks may struggle to find momentum as the Democrats get ready to take over Congress.
Berkshire Hathaway more than doubles buybacks in third quarter as earnings decline
Berkshire Hathaway said Saturday it accelerated its share repurchases during the third quarter, as operating and overall profits took a hit.
Nasdaq drops into correction territory — here’s what typically happens next
Nasdaq’s slide into correction territory puts its history of recoveries in focus. Here's what history shows.
Americans are on a 'treadmill of high inflation' and more rate hikes are likely, Fed's Daly says
San Francisco Fed President Mary Daly called Friday's jobs report "good news for American workers," but noted the pressure inflation is exerting on household finances
The AI ‘credit card’ is getting costlier as CoreWeave bond yield tops 16%
Coreweave's steep yields reflect stress in the AI debt markets as investors worry about a data center slowdown. What comes next.
Top Democrats call to rein in AI buildout after midterms sweep: 'National data center moratorium now'
Democratic winners and progressive lawmakers are calling for tougher limits on AI and data centers after the 2026 midterm elections.
Barkin sees interest rate hikes ahead, but at a gradual pace
In a CNBC interview, the policymaker expressed concern over inflation and said monetary policy will need to adjust.
What the Democratic midterms sweep changes for U.S.-China relations
Analysts note the growing risks around U.S. President Donald Trump's ability to maintain a fragile trade truce.
10-year Treasury yield slides as traders mull over Democrats' midterm victories, oil prices drop
Treasury yields were last little changed Wednesday as investors weighed big wins from Democrats in the U.S. midterm elections.
Stock market after midterm elections: What S&P 500 history shows
Midterms historically precede a strong year for the S&P 500. What to know if Democrats win back Congress
Texas governor race tightens in prediction markets, but Abbott remains favored
Prediction markets still show the Republican incumbent favored to win a fourth term, but the odds have narrowed in recent weeks.
Blackstone president calls for more equity to fund AI buildout as debt risks mount
Blackstone President Jon Gray says AI infrastructure needs more equity as debt investors face concentration risks amid massive spending plans.
Binance’s $6.3 billion hack raises questions about crypto wallet safety
Two high-profile security incidents this week, including the largest crypto theft in history, have raised custody and safety concerns.
It's a 'socialist' bank — and North Dakota Republicans love it
North Dakota's state-owned bank has broad Republican support and is drawing interest from public-banking advocates in other states.
Fed officials are already saying they’ll need to get back to hiking rates
The comments from Federal Reserve Presidents Alberto Musalem and Lorie Logan offer the first morsels of insight into what leaders at the Fed see happening next.
Some Polymarket user funds stolen by hackers; exchange referring matter to U.K. authorities
The outage comes just days before the platform is expected to experience heightened trading during the U.S. midterm elections.
Halloween gets pricier as chocolate costs climb — Hershey may feel the pinch
Higher cocoa and sugar prices are fueling above-average cost inflation for candy
Coinbase net income surges 66% in third quarter, benefiting from bitcoin investment gains
Coinbase posted better-than-expected earnings in the third quarter, largely due to a recovery in the cryptocurrency market.
Aon CEO warns AI data center insurance risks could threaten financing
Aon CEO Greg Case said concentration risk at AI data centers could constrain insurance capacity and alter financing for new projects.
Kalshi valuation jumps to $40 billion in latest funding round
The prediction market platform one year ago was valued at $5 billion.
Bond investor Jeff Gundlach on Fed's rate pause: 'What are you waiting for?'
The DoubleLine founder spoke with CNBC's "Closing Bell" on Wednesday after the Fed held interest rates steady.
Fed holds rates steady despite concerns over inflation
Two of the 12 Federal Open Market Committee voters dissented from the decision. Both wanted to raise rates by a quarter percentage point.
Here is what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.