Finance
Robinhood shares drop 12% this week amid losses in bitcoin, AI stocks
Omar Marques | Lightrocket | Getty ImagesRobinhood shares suffered brutal weekly loss as the once-red-hot trades in bitcoin and AI...
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Japanese concerts in China are getting abruptly canceled as tensions simmer
The Beijing music venue DDC was one of the latest to have to cancel a performance by a Japanese artist...
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Bitcoin falls to lowest level since April
Andriy Onufriyenko | Moment | Getty ImagesBitcoin dropped on Thursday to levels not seen in more than six months, as...
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‘Robotaxi has reached a tipping point’: Baidu, Nvidia leaders see momentum as competition rises
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles.BaiduBEIJING —...
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Fed minutes show divide over October rate cut and cast doubt about December
Federal Reserve officials were at odds during their October meeting over cutting interest rates, divided over whether a stalling labor...
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Blue Owl calls off merger of its two private-credit funds after announcement rattles stock
Blue Owl has decided to call off the merging of two of its private-credit funds after the deal caused some...
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Alphabet rallies after Berkshire reveals stake. Why Buffett’s firm likely bought it
Warren Buffett ahead of the Berkshire Hathaway Annual Shareholder Meeting in Omaha, Nebraska, in 2023.David A. Grogan | CNBCAlphabet shares...
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Klarna tops third-quarter revenue estimates in first earnings report since IPO
Sebastian Siemiatkowski, CEO and Co-Founder of Swedish fintech Klarna, gives a thumbs up during the company’s IPO at the New...
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Fed Governor Waller backs December rate cut as support for weakening labor market
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the...
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Jeffrey Gundlach sees one of the ‘least healthy’ stock markets of his career, urges 20% cash
Jeffrey Gundlach, CEO of DoubleLine Capital LP, speaks during an interview with CNBC on the floor at the New York...
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