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Trump Accounts are on track to reach roughly 70 million auto-enrolled accounts by the middle of October, said Social Security Administration Commissioner and Internal Revenue Service CEO Frank Bisignano. Enrollment Milestones Ahead Bisignano made the remarks Friday on CNBC’s “Power Lunch.” He said about 7 million child
Dell Technologies (NYSE: DELL ) is surging Friday amid strong broader market AI momentum. Investors are refocusing on the company's exposure to the booming AI data-center buildout. The Nasdaq is up 0.94% while the S&P 500 has gained 0.67%. Dan Ives Recommends When it comes to looking at ways to play the AI trade, Dan I
Netflix Inc. (NASDAQ: NFLX ) is leaning on live programming, advertising and its global subscriber scale to revive growth as investors weigh weaker engagement, a lack of breakout hits and intensifying competition from Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ) YouTube and other streaming platforms. The debate comes
Robinhood Markets Inc. (NASDAQ: HOOD ) shares jumped 5% Wednesday after the company announced plans to expand trading hours, add crypto perpetuals and introduce AI-powered automated trading tools. Robinhood stock is moving in positive territory. Why is HOOD stock trading higher? The HOOD Summit Announcements According
Narravance said its Viral Stocks Detector by ChatterFlow is now available as an Agent App within Robinhood Agents. The subscription product is aimed at surfacing social-media chatter and sentiment around stocks and sectors.
ThetaRay said Laure Richmond, formerly CFO at TMX VettaFi, TMX Datalinx and Instinet, has joined as chief financial officer. The company said she will lead finance, capital allocation and operational scaling.
NVIDIA Corp. (NASDAQ: NVDA ) stock traded higher by almost 1% during Tuesday's premarket session as traders lean into a steady risk tone for mega-cap tech. Nasdaq futures are up 0.13% while S&P 500 futures have shed 0.03%. The Big Tech giant is looking beyond chip sales to unlock more value from the AI buildout by expa
Treasury Secretary Scott Bessent appointed Jefferies strategist David Zervos as a department counselor to advise the agency on rising bond yields. A ‘Wall Street Geek’ Joins the Treasury According to CNBC, Zervos, who called himself a “Wall Street geek” in a brief interview, will serve in a broad advisory capacity and
For best results when printing this announcement, please click on link below: Haig Partners Serves as the Exclusive Advisor on the Sale of Metropolitan Ford, Freeway Ford and Suburban Chevrolet in the Minneapolis Market to Walser Automotive Group Haig Partners LLC ( ), a leading buy-sell advisory firm to auto retailers
House Speaker Mike Johnson said the White House meeting will weigh innovation, oversight and safety. The meeting comes as leading AI companies call for slowing development of increasingly capable systems.
Tata Motors expects to conclude a one-year period with over 750,000 vehicle sales, including up to 130,000 electric vehicles, as the automaker expands its portfolio with the launch of the Aries compact sedan, the company's MD & CEO Shailesh Chandra told CNBC-TV18.The automaker has introduced the Ar…
Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman warned of the potential risks posed by artificial intelligence at the United Nations Security Council on Wednesday, calling for greater international cooperation to manage increasingly capable AI systems. What Did the AI Tycoons Say? Altman called for coordination be
Investor Peter Schiff questioned Federal Reserve Chair Kevin Warsh ‘s inflation outlook after McDonald’s Corp. (NYSE: MCD ) CEO Chris Kempczinski warned elevated inflation and squeezed household budgets are hurting customer traffic across the restaurant industry. ‘Who Do You Believe?’ “Today the McDonald’s CEO said he
UBS launched coverage of five AI data center operators with Buy ratings across the board, arguing that new lease signings and stronger tenants can keep driving value higher, according to CNBC. The list includes Core Scientific Inc. (NASDAQ: CORZ ), Cipher Mining Inc. (NASDAQ: CIFR ), Applied Digital Corp. (NASDAQ: APLD
Eli Lilly broke ground in Houston to expand factory capacity for Foundayo, its newly launched obesity pill, and CEO Dave Ricks said the drug has won one-third of new GLP-1 pill starts. The company is also targeting market share versus Novo Nordisk in oral obesity drugs.
Ritholtz Wealth Management CEO Josh Brown and colleague Sean Russo used their latest “The Best Stocks in the Market” column at CNBC to stake out a clear position on security software: four names earn a spot, two do not. CrowdStrike Holdings, Inc. (NASDAQ: CRWD ), Palo Alto Networks, Inc. (NASDAQ: PANW ), Fortinet, Inc.
Pershing Square (NYSE: PS ) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Pershing Square Inc. antic
Treasury Secretary Scott Bessent on Sunday met with Chinese Vice Premier He Lifeng in New York City before the anticipated summit between President Donald Trump and President Xi Ji nping. The discussions are set to address key economic issues, including artificial intelligence, tariffs, and rare earths. Bessent Anticip
U.S. companies have received more than $100 billion in refunds following the Supreme Court’s invalidation of President Donald Trump’s International Emergency Economic Powers Act tariffs, with some companies directing part of the money toward employee bonuses and retirement benefits. Trump Tariff Refunds Top $100 Billio
Pershing Square CEO Bill Ackman warned that "hell is coming" in March 2020 before executing a $27 million credit hedge that generated $2.6 billion in proceeds, which he subsequently redeployed into equities during the COVID-19 market crash. The Misunderstood Warning During a 28-minute CNBC segment in 2020, Ackman recou
Meritage Hospitality Group, a major U.S. Wendy's franchise operator, filed for Chapter 11 after more than a year of failed out-of-court restructuring with lenders and its franchiser.
Editor’s Note: This story has been updated with additional details on Berkshire Hathaway’s succession plan. Berkshire Hathaway Inc. (NYSE: BRK ) (NYSE: BRK ) said Friday that Warren Buffett has stepped down as chairman and will become chairman emeritus, effective immediately, marking another major step in the successio
Arm Holdings plc (NASDAQ: ARM ) stock is trading nearly 3% higher Thursday in premarket trading as investors digest bullish comments from CEO Rene Haas on artificial intelligence demand and the company's growth outlook. The broader market is also providing support. Nasdaq futures are up 1.08%, while S&P 500 futures hav
Tesla (NASDAQ: TSLA ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. The full earnings call is available at Summary Tesla, Inc. achieved re
The New Zealand Superannuation Fund, recognized as the world’s best-performing sovereign wealth fund based on long-term annualized returns, warned about a potential pullback in the U.S. equity market The fund, which supports the pensions of retirees in New Zealand, surged 14.17% to NZ$94.4 billion (about $54.2 billion)
NVIDIA Corp. (NASDAQ: NVDA ) CEO Jensen Huang said demand for artificial intelligence computing is accelerating as AI becomes more useful and companies race to build new infrastructure. Speaking with CNBC's Jim Cramer at Dreamforce in San Francisco, Huang said companies have been building NVIDIA-powered "AI factories"
Nvidia Corp. (NASDAQ: NVDA ) CEO Jensen Huang is reportedly expected to join President Donald Trump at a state dinner for Chinese President Xi Jinping. Jensen Huang to Attend Trump-Xi State Dinner Huang is set to attend the dinner when Xi travels to Washington for a meeting with Trump on Sept. 24, CNBC reported on Tues
Major U.S. stock indices closed lower on Monday, with the Dow Jones Industrial Average falling 0.29% to 52,421.20, the S&P 500 declining 0.48% to 7,619.98 and the Nasdaq Composite slipping 0.56% to 26,186.41. The semiconductor sector faced significant pressure, while security software stocks saw gains. Meanwhile, the 1
CNBC “Halftime Report Final Trades” picks included Delta Air Lines (DAL), Freeport-McMoRan (FCX), iShares U.S. Energy ETF (IYE) and Kimberly-Clark (KMB), along with related references to recent company updates and listed session price moves.
Compass CEO Robert Reffkin said 42% of U.S. homes on the market saw price cuts in September, the highest share in nearly a decade. He also said sales are diverging by price point, with lower-end demand softer and luxury sales stronger.