Finance
Trump Media surges after expansion into financial services including crypto and ETFs
Trump Media is expanding into financial services, including investment vehicles, the firm announced Wednesday.Shares of the Truth Social parent company,...
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Deutsche Bank shares drop 5% after quarterly profit falls, cost target scrapped
Germany's largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply in the last three months of 2024,...
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DoubleLine’s Gundlach says his base case is one rate cut this year, two reductions maximum
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6, 2019.Adam Jeffery | CNBCDoubleLine Capital CEO Jeffrey...
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The Fed meets for the first time since Trump’s term started. Here’s what to expect
US Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC,...
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Steve Cohen says AI will be decadeslong theme, but Monday proves it won’t be a ‘straight line’
Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024.CNBCMIAMI BEACH, Fla. — Billionaire investor Steve...
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Italy’s Mediobanca rejects Monte dei Paschi’s ‘destructive’ 13-billion-euro takeover bid
The logo of a Mediobanca Premier bank branch in Brescia, Italy, on Friday, Jan. 24, 2025.Bloomberg | Bloomberg | Getty...
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How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq sell-off
A young Chinese AI startup, DeepSeek, sparked a massive rout in U.S. technology stocks Monday as its highly competitive —...
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BlackRock’s Fink sees potential risks and says the bond market will tell us where we are going
BlackRock CEO Larry Fink said President Donald Trump's efforts to unleash capital in the private sector could have unintended consequences that...
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Chinese AI applications now have bigger aims — they’re looking beyond chatbots
The World Artificial Intelligence Conference in Shanghai on July 6, 2023.Aly Song | ReutersBEIJING — A slew of releases last...
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‘World’s first downside protected bitcoin ETF’: Calamos unveils a safer way to play crypto
A major exchange-traded fund provider is trying to take the volatility out of bitcoin investing.Calamos Investments launched the Calamos Bitcoin...
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