CNBC’s Jim Cramer on Friday walked investors through an earnings-heavy week, highlighting reports from Amazon, Alphabet, Eli Lilly and Palantir, as well as a key inflation metric from the Labor Department. He said it’s wise to refrain from sudden moves next week as there won’t be enough time to digest […]
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FAA to restrict helicopter traffic around D.C. airport after fatal airplane collision
The air traffic control at Ronald Reagan Washington National Airport is pictured, in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol dome in the background, as seen from Virginia, U.S., January 30, 2025. Evelyn […]
Atlassian closes at highest since 2022 after reporting better-than-expected earnings, revenue outlook
Mike Cannon-Brookes, co-founder of software company Atlassian Corp., in Sydney, Australia, Dec. 6, 2023. Lisa Maree Williams | Bloomberg | Getty Images Atlassian shares popped 14.9% after the software company blew past Wall Street’s fiscal second-quarter earnings and guidance expectations. The stock hit a fresh 52-week high and closed at […]
Here’s how tariffs on Canada, China and Mexico may impact U.S. consumers
President Donald Trump on Jan. 27, 2025 in Doral, Florida. Joe Raedle | Getty Images News | Getty Images President Donald Trump has repeatedly discussed imposing tariffs, both on the campaign trail and since taking office — and the first tranche, on goods from Canada, China and Mexico will take […]
Two moves retirees may make now to boost their 2025 Social Security benefit checks
A customer walks by a display of fresh eggs at a grocery store on Sept. 25, 2024 in San Anselmo, California. Justin Sullivan | Getty Images The first Social Security benefit checks for 2025 include a 2.5% increase — the lowest annual cost-of-living adjustment since 2021. For retirees, that amounts […]
New York City office demand is finally back to normal
Demand for New York City office space has finally returned to pre-pandemic levels, driven by an influx of new workers as well as a drive by employers to see current workers return to the office. During the fourth quarter, office demand in the city jumped 25% from the year before, […]
Palantir CEO says China’s DeepSeek shows that U.S. needs ‘all-country effort’ in AI
Palantir CEO Alex Karp said the rise of competing artificial intelligence models such as China’s DeepSeek is a sign that the U.S. needs to work quicker to develop advanced AI. “Technology is not inherently good,” and could pose threats in the hands of adversaries, Karp told CNBC’s Sara Eisen in […]
What Meta, Microsoft tell us about chip demand ahead of next week’s wildcards
Two down. Two to go. Investors in chip stocks — ravaged this week on concerns about Chinese startup DeepSeek’s cost-efficient artificial intelligence model — took comfort in what Club names Meta Platforms and Microsoft said on their post-earnings conference calls Wednesday evening and how they held the line on their […]
DeepSeek’s hardware spend could be as high as $500 million, new report estimates
Faisal Bashir | Lightrocket | Getty Images China’s DeepSeek became the biggest topic in tech this week, with many in the industry and on Wall Street focused on a single number: $6 million. In DeepSeek’s paper about its newest artificial intelligence model, the company said that its total training costs […]
Trump Media gifts DJT shares to FBI pick Kash Patel, Linda McMahon and president’s son
Kash Patel, U.S. President Donald Trump’s nominee to be director of the FBI, looks on as he testifies before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., January 30, 2025. Evelyn Hockstein | Reuters Trump Media this week gifted thousands of shares of company stock to […]