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Breaking News: Markets

WTI, Brent fall for third day

by Milton Acorn
WTI, Brent fall for third day

An oil pumpjack is pictured in the Permian Basin in the Loco Hills regions, New Mexico, on April 6, 2023. Liz Hampton | Reuters Crude oil futures fell for a …

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Categories Science

Amazon plans to give Alexa an AI overhaul, monthly subscription price

by Ev Richard
Amazon plans to give Alexa an AI overhaul, monthly subscription price

Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, according to people …

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Categories Technology

AI will power the stock market for the next decade: former Cisco CEO

by Ev Richard
AI will power the stock market for the next decade: former Cisco CEO

John Chambers, CEO of Cisco, at the 2015 CGI Annual Meeting in New York. Adam Jeffery | CNBC Artificial intelligence will power the stock market for the next decade, former …

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Categories Technology

New highs on Wall Street, Fed’s Waller says rate cuts months away

by Adrian Jhonsan
New highs on Wall Street, Fed’s Waller says rate cuts months away

Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2024 in New York City.  Angela Weiss | AFP | Getty Images This …

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Categories World

Trump Media stock falls after posting quarterly loss

by Adrian Jhonsan
Trump Media stock falls after posting quarterly loss

Aytac Unal/ | Anadolu | Getty Images Shares of Trump Media fell more than 10% Tuesday before recovering slightly to close at $44.19 a share, a one day drop of …

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Categories World

Fed’s Waller wants ‘several months’ of good inflation data before lowering rates

by Adrian Jhonsan
Fed’s Waller wants ‘several months’ of good inflation data before lowering rates

Federal Reserve Governor Christopher Waller, citing a string of data showing that inflation appears to be easing, said Tuesday that he does not think further interest rate increases will be …

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Categories World

Activist willingness to buy an Abbott rival, look past baby formula suits

by Shawn Butlere
Activist willingness to buy an Abbott rival, look past baby formula suits

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …

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Categories Health

Biden to release 1 million barrels of gas to reduce prices at the pump

by Milton Acorn
Biden to release 1 million barrels of gas to reduce prices at the pump

A customer gets gas at a Shell station on May 15, 2024 in Miami, Florida.  Joe Raedle  | Getty Images The Biden administration will release 1 million barrels of gasoline …

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Categories Science

Eli Lilly stock hits new highs after a regulatory win in China. This is a big deal

by Shawn Butlere
Eli Lilly stock hits new highs after a regulatory win in China. This is a big deal

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. The Nasdaq edged lower Tuesday, …

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Categories Health

WTI falls 1% but remains rangebound

by Milton Acorn
WTI falls 1% but remains rangebound

A Shell gas station on May 03, 2024 in Austin, Texas.  Brandon Bell | Getty Images Crude oil futures fell more than 1% on Tuesday in the absence of major …

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Categories Science
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