Tag: business news

U.S. President Donald Trump (R) is greeted by Chinese President Xi Jinping at the Great Hall of the People on ...

Cisco’s stock pops 17% on surging AI orders, as company says it’s cutting almost 4,000 jobs

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Cisco CEO Chuck Robbins speaks at the Semafor World Economy summit in Washington on April 15, 2026.Alex Wong | Getty ...

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

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Kevin Warsh was confirmed Wednesday as the next Federal Reserve chair, taking over the central bank at a time when ...

Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami

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Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share, above the expected range, as ...

Beer demand stumbles as gas prices surge, data shows

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A customer shops for beer in a supermarket in New York on Jan. 22, 2026.Charly Triballeau | AFP | Getty ...

Why this unheralded AI stock can go higher despite its recent massive rally

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Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a ...

Series of court decisions weaken Democrats’ odds of winning the House

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The US Supreme Court in Washington, DC, US, on Monday, April 20, 2026. Graeme Sloan | Bloomberg | Getty ImagesTwo ...

Alibaba’s core profit plunges 84% even as AI and cloud growth accelerate

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Jaap Arriens | Nurphoto | Getty ImagesAlibaba on Wednesday said its core profitability plunged in the March quarter amid heavy ...

Traders believe inflation could near 5% this year

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A customer shops for produce at an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell | ...

Jensen Huang is joining Trump’s China trip after the U.S. president called the Nvidia CEO

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