The AI rotation stole the spotlight from a strong start to earnings season
The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season. Cooler-than-expected June reports on consumer and producer prices offered encouraging signs that inflation continued to ease,…
Two unexpected revelations in Warren Buffett’s CNBC interview
1. 00:00 – Buffett on his decision to stop donations to Gates Foundation BECKY QUICK: Warren, first of all, thank you for sitting down and talking with us today. I appreciate it. WARREN BUFFETT: It’s always good to sit down. (Laughs) BECKY…
Korean beauty products are becoming mainstream in the U.S.
Shoppers during the grand opening of an Olive Young store in Pasadena, California, May 29, 2026. Kyle Grillot | Bloomberg | Getty Images When Olive Young opened its first U.S. outpost in late May, shoppers were already camping out, and the line spanned…
U.S. military says it completed latest round of strikes against Iran
U.S. Navy warships transit the Arabian Sea in close formation as CENTCOM forces continue to promote regional security and stability, June 30, 2026. Source: US Navy The U.S. military said early Saturday it ended a seventh straight night of strikes against…
Economic outlook is worsening and Trump is getting blamed, CNBC survey finds
Despite a booming stock market and improving inflation numbers, the public is as depressed about the economy as it has been since the years just after the pandemic and increasingly concerned about the cost of everyday goods, according to the latest CNBC…
Epstein victims blast Trump nominee Todd Blanche after meeting
Epstein survivors and family members stand behind former Attorney General John Ashcroft and Jeffrey Epstein survivor Dani Bensky as she speaks during the second day of acting U.S. Attorney General Todd Blanche’s Senate Judiciary Committee…
Apple, Nvidia vie for title of world’s most valuable company
Apple and Nvidia battled it out on Friday for the title of world’s most valuable company, with the iPhone maker briefly topping the long-time leader in market value. Shares of Nvidia briefly dropped about 3% and its market value dipped to $4.84…
SpaceX stock has cratered nearly 23% since company joined Nasdaq-100
SpaceX employees go to work at the SpaceX facility in Hawthorne, California, on the day of their company’s initial public offering, June 12, 2026. Mike Blake | Reuters SpaceX stock has posted losses in nine of the last 10 trading days, and as of…
Trump administration is dictating access to frontier AI models: Sources
President Donald Trump points his finger as he signs an executive order on AI next to Senate Commerce Committee Chairman Ted Cruz, R-Texas, left, and Commerce Secretary Howard Lutnick, in the Oval Office at the White House in Washington, Dec. 11, 2025.…
Leather jacket worn by Nvidia CEO goes for just under $1 million at Sotheby’s auction
Nvidia Corp CEO Jensen Huang speaks at the COMPUTEX forum in Taipei, Taiwan May 29, 2023. Ann Wang | Reuters Nvidia CEO Jensen Huang is rarely seen without his leather jacket. It’s his signature look. He’s been wearing them for nearly 20…