“Investors are now in the AI mindset,” the CEO of Nium told CNBC. “Like, whatever it costs. I want in on AI. They’re going to burn a lot of money.”
Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties
Foundation was started in April by Synapse CEO Sankaet Pathak, Tribe Capital CEO Arjun Sethi, and LeBlanc, cofounder of Cobalt Robotics.
GameStop tanks with huge volume in the call options owned by ‘Roaring Kitty’
The sell-off in GameStop shares intensified in afternoon trading, coinciding with a spike in trading volume in the call options that “Roaring Kitty” owned.
Fed holds rates steady, indicates only one cut coming this year
The Federal Reserve on Wednesday released its decision on interest rates following this week’s policy meeting.
Here’s the Fed’s new rate forecast that’s moving the markets
The Federal Reserve on Wednesday projected only one rate cut for the remainder of 2024, down from its March forecast that called for three reductions.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting.
Stocks making the biggest moves midday: Oracle, Apple, Rentokil Initial and more
These are some of the stocks posting the largest moves in midday trading.
Keith Gill has some tough choices to make on his GameStop options with Wall Street ready to pounce
Roaring Kitty might be pondering on what to do with his massive options position against GameStop and he could have some tough choices to make.
Inflation slows in May, with consumer prices up 3.3% from a year ago
The consumer price index was expected to increase 0.1% on a month basis and 3.4% from a year ago.
Stocks making the biggest premarket moves: Oracle, Paramount, Birkenstock, Rentokil Initial and more
These are the stocks posting the largest moves in the premarket.