Palantir’s stock stages best week since 2024 — showing it’s no longer an ‘AI loser’
Booming demand for Palantir’s AI solutions is restoring confidence in the company.
Markets
Trump is trying to fire Lisa Cook again. He still wants to stack the Fed with his allies.
Two months after he was blocked by the Supreme Court, President Donald Trump has resumed his effort to oust Federal Reserve governor Lisa Cook as part of an effort to stack the central bank’s board with more allies.
The smart way to invest in gold right now as the dollar slips
Also in Weekend Reads: Kevin O’Leary’s investing strategy, a 9% dividend paired with lower stock-market risk and advice from the Moneyist.
Notable Friday Option Activity: GRAL, TWLO, SEZL
Twilio Inc (Symbol: TWLO) options are showing a volume of 29,927 contracts thus far today. That number of contracts represents approximately 3.0 million underlying shares, working out to a sizeable 155.4% of TWLO's aver…
Stocks Rally on Earnings and Fed-Friendly US Payroll Report
The S&P 500 Index ($SPX) (SPY) today is up +0.37%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.89%. September E-mini S&P futures (ESU26) are up +0.44%, an…
Here are three key takeaways from the disappointing July jobs report
Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals on how to process the latest jobs report.
Here’s when Elon Musk’s Starlink internet is worth the steep monthly price — and $350 startup cost
Starlink versus fiber, cable and 5G: The smart spender’s guide to 2026 internet options.
I’m an unemployed software developer who is skeptical of AI. Can I still find a job in tech?
“What will AI mean for jobs?” may be the single most-asked question about the technology category that dominates Silicon Valley, pop culture, and our politics. Fears that AI will put us out of work routinely top opinion…
The unwind of Situational Awareness isn't the only reason the AI trade is back
The hedge fund's forced selling was a clearing event, but earnings are sustaining the AI trade
Ground control to private equity: has AI landed on the factory floor?
In a fabrication shop outside Lexington, KY, MiddleGround Capital builds robotic work cells: self-contained stations where robots perform tasks with minimal human involvement.
Trump revives effort to fire Fed's Lisa Cook
President Donald Trump is "considering" firing Federal Reserve Board Governor Lisa Cook, the White House said this week, reviving an effort that had been stymied by the Supreme Court in June.
‘SaaSpocalypse’ debate intensifies as software stocks swing wildly
The pennies-on-the-dollar acquisition of one-time highflyer Airtable, followed by plunges in HubSpot, Datadog and Figma on earnings reports, all served to underscore investor concerns that artificial intelligence models…
Trump teased an Iran deal that didn't come, but markets soared. Here’s why it keeps happening
The Trump administration this week sparked enthusiasm that the U.S. and Iran could soon strike a deal on the Strait of Hormuz, driving down oil prices and sending stocks soaring — only for no deal to emerge.
BorgWarner secures new VCT engine contracts in Europe and China
BorgWarner has added to its variable cam timing (VCT) order book with fresh programme awards in Europe and China.
Russia sanctions bill honoring Lindsey Graham breezes through Senate, heads to House
The Senate on Friday overwhelmingly approved a Russia sanctions bill that was long championed by the late Sen. Lindsey Graham, R-S.C., before his death last month.
Palantir CEO drops 11-word bombshell for stock market investors
Software stocks have had a rough year. The fear driving them down is real: AI agents are getting good enough to automate tasks that enterprise software used to handle, and investors have been cutting valuations across t…
Stocks Rally on Earnings and Fed-Friendly US Payroll Report
The S&P 500 Index ($SPX) (SPY) today is up +0.37%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.89%. September E-mini S&P futures (ESU26) are up +0.44%, an…
Two reasons why Nvidia’s stock saw its biggest weekly surge in more than a year
The chip maker recorded its largest-ever weekly increase in market capitalization.
Top Democrat proposes killing tax breaks for overseas oil production
Sen. Martin Heinrich will introduce a bill, shared exclusively with CNBC, to end tax breaks for U.S. oil and gas companies that operate overseas while the industry reaps massive profits as the war with Iran spikes oil p…
Burger King overtakes Wendy's as the nation's second-largest burger chain
Burger King has overtaken Wendy's as the second-largest burger chain in the U.S. by systemwide sales, retaking its crown six years after losing it to the rival chain.
Soybeans Extending Bounce Early on Friday
Soybeans are trading with fractional to 2 cent gains early on Friday. Futures firmed late on Thursday, with contracts closing near the highs and 6 to 9 cents off the lows to post 1 to 5 ¾ cent gains in the front months.…
Chesky says Airbnb will spend ‘a lot more’ on AI as earnings beat and stock surges 15%
Airbnb shares surged 15% Friday after the company delivered one of its strongest growth quarters in years and raised its full-year outlook — a turnaround CEO Brian Chesky is directly crediting to artificial intelligence.
Sugar Prices Surge on Smaller Brazil Sugar Production
October NY world sugar #11 (SBV26) closed up +0.42 (+2.77%) on Thursday, and October London ICE white sugar #5 (SWV26) closed up +10.00 (+2.10%).
Cassidy supports Todd Blanche, rescuing Trump's embattled attorney general pick
Sen. Bill Cassidy, R-La., said Friday he will vote to confirm Todd Blanche as attorney general, giving President Donald Trump's embattled nominee a crucial vote after two other Senate Republicans announced their opposit…