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AMD stock continues rally after OpenAI deal, now up 43% this week so far

by CNBC Markets | October 9, 2025 2:05 am | US Markets

Investors took the partnership to mean that AMD could become a viable challenger to Nvidia’s current top position in the AI chip market.

IRS furloughs nearly half of its workforce due to government shutdown

by CNBC Markets | October 9, 2025 2:05 am | US Markets

The IRS furloughs came on the same day that the Senate again fell short of passing a funding resolution that would end the federal government shutdown.

CoreWeave stock rallies as it introduces new AI tools for developers

by CNBC Markets | October 9, 2025 12:15 am | US Markets

CoreWeave is working to expand its business with tools targeting software developers, while adding capacity to accommodate business from Meta and OpenAI.

Air traffic control shortages add to U.S. flight delays

by CNBC Markets | October 9, 2025 12:15 am | US Markets

The government shutdown is exacerbating concerns about the strain on air traffic controllers, a shortage of whom has vexed airline executives for years.

Divided Fed officials saw another two interest rate cuts by the end of 2025, minutes show

by CNBC Markets | October 9, 2025 12:15 am | US Markets

Officials were strongly inclined to lower rates, with the only dispute seeming to be over how many cuts were coming.

AMD’s deal with OpenAI gives Nvidia much-needed challenger in market it dominates

by CNBC Markets | October 9, 2025 12:14 am | US Markets

The last time AMD played the role of distant challenger Intel was the giant in semiconductors.

5 things Nvidia’s Jensen Huang said about the state of the AI race with China

by CNBC Markets | October 8, 2025 11:09 pm | US Markets

While the U.S. may be leading in advanced chip designs, Huang warned not to discount China’s growing chip development.

Senate again rejects funding bills as government shutdown enters second week

by CNBC Markets | October 8, 2025 11:09 pm | US Markets

President Donald Trump and Republicans accuse Democrats, who want any funding bill to include health-care protections, of holding the government hostage.

Florida man charged with intentionally setting Pacific Palisades fire in LA

by CNBC Markets | October 8, 2025 11:08 pm | US Markets

The Palisades Fire in early January burned thousands of homes and killed multiple people as flames spread rapidly in heavy winds up to 100 miles per hour.

Nvidia’s Huang says he’s surprised AMD offered OpenAI 10% of company in ‘clever’ deal

by CNBC Markets | October 8, 2025 9:15 pm | US Markets

OpenAI and AMD reached a deal on Monday, with OpenAI committing to purchase 6 gigawatts worth of chips over multiple years.

Senate to vote on funding bills again as government shutdown enters second week

by CNBC Markets | October 8, 2025 9:14 pm | US Markets

President Donald Trump and Republicans accuse Democrats, who want any funding bill to include health-care protections, of holding the government hostage.

James Comey pleads not guilty to charges sought by Trump, trial set for Jan. 5

by CNBC Markets | October 8, 2025 8:09 pm | US Markets

“My family and I have known for years that there are costs to standing up to Donald Trump,” former FBI Director James Comey said after being indicted.

Nvidia shares rise after CEO Huang says AI computing demand is up ‘substantially’

by CNBC Markets | October 8, 2025 7:15 pm | US Markets

The scale of Nvidia’s plans have raised doubts about whether the AI industry can secure the power needed to fuel its ambitions.

Bank of England warns of ‘sharp market correction’ if AI bubble bursts

by CNBC Markets | October 8, 2025 7:15 pm | US Markets

The Bank of England has warned that risk of a sharp market correction has increased, amid stretched AI-related valuations.

Nvidia’s Huang says he’s surprised AMD offered 10% of the company in ‘clever’ OpenAI deal

by CNBC Markets | October 8, 2025 7:14 pm | US Markets

The deal includes a warrant for OpenAI to buy up to a 10% stake in AMD.

What the government shutdown means for commercial real estate

by CNBC Markets | October 8, 2025 5:10 pm | US Markets

A federal shutdown affects data collection, causes uncertainty for CRE dealmaking and hits investor confidence.

Borrowers head back to riskier mortgages, looking for any potential savings

by CNBC Markets | October 8, 2025 5:09 pm | US Markets

Mortgage demand weakened again but for those in the market, adjustable-rate loans are getting more popular, as they offer lower interest rates.

Amazon launches prescription vending machines at One Medical clinics in Los Angeles

by CNBC Markets | October 8, 2025 4:24 pm | US Markets

The kiosks are operated by Amazon Pharmacy and stock a range of commonly prescribed medications, such as antibiotics, inhalers and blood pressure treatments.

Auto giant shares tumble as European Union’s new steel tariffs spark industry panic

by CNBC Markets | October 8, 2025 4:21 pm | US Markets

Shares of Europe’s biggest automakers fell on Wednesday, amid industry concern about the impact of the European Union’s new steel import quota plan.

The global M&A engine is roaring, fueled by megadeals and rate-cut bets

by CNBC Markets | October 8, 2025 7:19 am | US Markets

The nine-month global deal value stood at over $3.4 trillion — a 32% year-on-year jump and the strongest showing since 2021, according to Mergermarket.
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