KKR said in its mid-year outlook Thursday that AI will drive economic growth for years to come, but only in specific sectors.
Author: admin@finance
Citigroup shares outperform down market after Trump endorsement
Jane Fraser-led Citi fell 1%, less than the rest of the market and some other major banks, after Trump lauded its turnaround in a social media post.
Stocks making the biggest moves midday: Super Micro, Cracker Barrel, Robinhood Markets, truckers & more
These are some of the stocks posting the largest moves midday.
Regulators’ proposed prediction markets rules ban trading on terrorism, assassinations
The proposed rules from the commission will now face a public comment period.
North Carolina Treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic
North Carolina has invested heavily in AI startups OpenAI and Anthropic while avoiding a direct stake in SpaceX.
Consumer prices rose 4.2% annually in May, highest in three years
The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
Stocks making the biggest moves premarket: Super Micro Computer, Cracker Barrel, Nike and more
These are the stocks posting the largest moves in the premarket.
SpaceX staff unite for lower fees: Here’s what to know
CNBC’s Robert Frank joins ‘Squawk Box’ to discuss the latest news from SpaceX.
Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
Beijing escalating AI espionage to catch up with the U.S. on tech, cybersecurity firm says
U.S. cybersecurity giant CrowdStrike said China-based entities made over half of state-sponsored cyberattacks on tech firms for artificial intelligence assets.