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CoreWeave pops 60% this week on AI growth momentum, big Nvidia stake

by CNBC Markets | May 16, 2025 11:05 pm | US Markets

CoreWeave’s stock price has had by far its best week since joining the public market in March.

Anthropic closes $2.5 billion credit facility as Wall Street continues plunging money into AI boom

by CNBC Markets | May 16, 2025 11:05 pm | US Markets

Anthropic, founded by former OpenAI research executives, launched its Claude chatbot in March 2023.

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

by CNBC Markets | May 16, 2025 11:05 pm | US Markets

Boeing agreed to plead guilty to fraud charges tied to its troubled 737 Max crashes last year.

Tesla adds long-time Chipotle executive Jack Hartung to board of directors

by CNBC Markets | May 16, 2025 11:05 pm | US Markets

Tesla said in a regulatory filing that long-time Chipotle executive Jack Hartung is joining its board of directors and audit committee.

House Budget Committee rejects Trump agenda bill in major setback for GOP leaders

by CNBC Markets | May 16, 2025 10:17 pm | US Markets

A group of conservative holdouts voted against the massive party-line package, citing concerns over the level of spending cuts and impact to the U.S. deficit.

Consumer sentiment falls in May as Americans’ inflation expectations jump after tariffs

by CNBC Markets | May 16, 2025 8:03 pm | US Markets

Year-ahead inflation expectations rose to 7.3% from 6.5% last month, according to a University of Michigan survey.

The low-end consumer is about to feel the pinch as Trump restarts student loan collections

by CNBC Markets | May 16, 2025 8:03 pm | US Markets

JPMorgan sees this action cutting billions from American’s spendable cash pile each month.

Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

by CNBC Markets | May 16, 2025 8:03 pm | US Markets

Nvidia said it

S&P 500 is flat after weak consumer reading, benchmark still headed for big week: Live updates

by CNBC Markets | May 16, 2025 8:03 pm | US Markets

The S&P 500 rose for a fourth straight day on Thursday, riding a relief rally in response to the U.S. and China agreeing to temporarily slash tariffs.

China tariff ‘stacking’ pushes true cost of import taxes well above 30% on many consumer products

by CNBC Markets | May 16, 2025 8:03 pm | US Markets

President Trump’s pause on the steepest China tariffs masks the true cost many importers are facing from stacking of trade taxes.

This footwear stock is a tariff winner because of zero Asia manufacturing, says Bank of America

by CNBC Markets | May 16, 2025 8:03 pm | US Markets

Shares of this footwear company could be set up for gains even with President Donald Trump’s tariffs, according to Bank of America.

Trump returns to Washington with investment agreements but no major peace deals

by CNBC Markets | May 16, 2025 8:03 pm | US Markets

Trump secured major investment pledges in Saudi Arabia and Qatar, but long-promised peace deals in Gaza and Ukraine remain elusive.

How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated

by CNBC Markets | May 16, 2025 7:02 pm | US Markets

President Donald Trump wants automakers to build more vehicles in the U.S. with American parts, but it’s not as easy as it might seem.

Cable companies Charter and Cox agree to merge

by CNBC Markets | May 16, 2025 5:05 pm | US Markets

Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have entered into an agreement to merge. 

Stock futures are little changed after S&P 500 extends rally for a fourth day: Live updates

by CNBC Markets | May 16, 2025 3:06 pm | US Markets

The S&P 500 rose for a fourth straight day on Thursday, riding a relief rally in response to the U.S. and China agreeing to temporarily slash tariffs.

China calls U.S. trade talks ‘good’ but quiet on next steps, as Trump hints at Xi call

by CNBC Markets | May 16, 2025 3:06 pm | US Markets

Trump has touted earlier this week that he might speak to Chinese leader Xi at the end of this week, while Beijing appeared tight-lipped on that prospect.

Fortnite is now offline on iOS worldwide as Apple blocks game, Epic Games says

by CNBC Markets | May 16, 2025 3:06 pm | US Markets

Fortnite is now unavailable on iOS globally, Epic Games said Friday, after Apple blocked a bid to reinstate the popular game on the App Store in the U.S.

U.S., UAE agree on path for Emirates to buy top American AI chips, Trump says

by CNBC Markets | May 16, 2025 2:09 pm | US Markets

The U.S. and United Arab Emirates are working on a path to allow Abu Dhabi to purchase some of the most advanced American-made chips.

Musk’s xAI says Grok’s ‘white genocide’ posts resulted from change that violated ‘core values’

by CNBC Markets | May 16, 2025 10:06 am | US Markets

Elon Musk’s xAI said an “unauthorized modification” to its Grok chatbot led to unprompted responses about “white genocide” in South Africa.

Former FBI Director James Comey under investigation for post seen as a potential threat to Trump’s life

by CNBC Markets | May 16, 2025 7:06 am | US Markets

Several Trump allies accused Comey of calling for the president’s assassination in a now-deleted Instagram post. He denied it was meant as a threat.
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