Nvidia discloses $21 billion stake in SpaceX at end of second quarter
Elon Musk, chief executive officer of Tesla Inc., left, and Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg…
Trump family-backed crypto firm World Liberty gets conditional bank charter approval
Zach Witkoff, co-founder and CEO of World Liberty Financial and chairman of Alt5 Sigma Corp., right, and Eric Trump at the Nasdaq MarketSite in New York, Aug. 13, 2025. Adam Gray | Bloomberg | Getty Images A federal financial regulator has conditionally…
Goldman’s latest cash cow is all about funding the AI infrastructure boom
Wall Street’s largest banks are riding a lucrative new wave — bankrolling the AI gold rush. Goldman Sachs was a key facilitator in this week’s artificial intelligence funding announcements from both Nvidia and Intel . These are just two of…
Prediction markets scrutiny mounts from regulators and banks
The Commodity Futures Trading Commission is conducting an internal review into «mention markets» on prediction platforms, people familiar with the situation told CNBC Friday. Mention markets are made up of contracts where traders speculate on whether…
OpenAI talent exodus raises ‘huge red flag’ ahead of IPO
When OpenAI hired Denise Dresser from Slack to be its chief revenue officer in December, Fidji Simo, a top-ranking executive, said in a blog post that Dresser’s «experience will help us make AI useful, reliable, and accessible for businesses…
Treasury yields: traders digest retail sales, monitor the Middle East
The 10-year U.S. Treasury note yield rose on Friday after the latest retail sales figures missed expectations and the U.S. said its naval blockade of Iranian ports could continue «indefinitely.» The 10-year yield — the key benchmark for U.S. government…
Luigi Mangione pleads guilty in federal case for UnitedHealthcare CEO killing
Luigi Mangione appears at an evidence suppression hearing at Manhattan Supreme Court on May 18, 2026 in New York City. Jeenah Moon | Getty Images Luigi Mangione pleaded guilty Friday in New York federal court to stalking that led to the killing of…
Massive polling misses in Wisconsin, Michigan primaries
State Rep. Francesca Hong was supposed to win Tuesday’s Wisconsin Democratic gubernatorial primary by around 20 percentage points, according to the latest public polling. Instead, the Democratic socialist lost by less than 1 percentage point.…
NATO fighter jets shoot down drone over Latvia
NATO fighters shot down a drone over eastern Latvia on Friday, the country’s armed forces said, in an incident authorities linked to «Russian electromagnetic warfare.» The drone was destroyed over the Balvi region by aircraft taking part in…
Putin visits disputed Kuril Islands, Japan protests
Japan’s Prime Minister Sanae Takaichi responds to questions from reporters at the Prime Minister’s Office in Tokyo on May 25, 2026. Prime Minister Sanae Takaichi said on May 25 the government will compile a $19 billion supplementary budget to…