Business / Finance
Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami
Cerebras raised $5.55 billion in its IPO, and with the chipmaker's offering, investors are gearing up for some even bigger AI deals later this year.
Cisco's stock pops 17% on surging AI orders, as company says it's cutting almost 4,000 jobs
Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.
Microsoft feared being too dependent on OpenAI, Musk-Altman trial testimony reveals
Top Microsoft executives testified in Musk v. Altman this week, spelling out concerns they had in the early days of the partnership with OpenAI.
Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?
Kevin Warsh received the fewest votes of any Fed chair in history. Will it cripple him?
AI-driven cyberattacks will start to be the 'new norm' in months, Palo Alto warns
The rise of increasingly sophisticated AI models is putting pressure on cybersecurity teams to step up their defenses for newer and faster cyberattacks.
Beer demand stumbles as gas prices surge, data shows
U.S. beer sales slump as higher gas prices squeeze consumers, with convenience stores and high-fuel-cost states with higher-cost fuel seeing the sharpest declines.
Allegiant CEO makes case for low-cost airline model as Sun Country acquisition closes
Allegiant CEO Greg Anderson said leisure travel demand is still strong despite higher fuel prices.
How to answer this tricky interview question, says career expert: It shows you have skills that 'cannot be replaced' by AI
In today's job market, interpersonal skills are a top priority for hirers, according to career expert Erin McGoff.
Kevin Warsh wins Senate confirmation as the next Federal Reserve chair
In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.
Bulls bet big on these three China-related stock trades during Trump visit
Chinese stocks, ETFs and related themes posted some of the biggest rallies in months.
10-year Treasury yield hits new high for the year after very hot producer prices reading
Treasury yields climbed after a hotter-than-expected reading on the producer price index.
Ethereum app builder Consensys has delayed its potential IPO until fall
The MetaMask wallet builder had reportedly engaged bankers from JPMorgan and Goldman Sachs to lead the process.
Mortgage rates jump to highest level since March on hotter inflation reports
Mortgage rates surged to the highest level since March in reaction to two hotter-than-expected inflation reports.
Trump in China: Traders predict a tariff truce extension and Boeing aircraft purchases
Traders also think it is likely that the president will talk about Iran, despite his comments that the U.S. doesn't need China's help in resolving the war.
This stock is our favorite way to hedge against the pickup in inflation
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Analyst Report: Phillips 66
Analyst Report: Eaton Corp PLC
Analyst Report: Coca-Cola Co/The
Market Update: CVS, ETN, KMB, KO, PSX
Analyst Report: CVS Health Corp
Trump arrives in Beijing with CEOs ahead of Xi meetings
The president landed in the Chinese capital for a highly anticipated summit with Xi Jinping.
Gas tax holiday as Trump promises? Not so fast, trucking, construction industries say
President Donald Trump and lawmakers are eyeing federal gas tax relief, but opponents contend a pause wouldn't help consumers and could harm roads.
The Protocol: Solana’s ‘Alpenglow’ upgrade is live for testing
Also: LayerZero apology, Ronin layer-2 transition and ‘Clear Signing’
Hormuz closure cuts OPEC oil production by 30% and threatens demand growth this year, cartel says
Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of the Strait of the Hormuz.