News
Rivian tailspin hasn't shaken one trader's resolve
29+ min ago (269+ words) Everyone wants to buy the dip, until the dip arrives. Case in point: Rivian. You may have heard me say in one of my videos or read in the accompanying article that I discussed the fact that the company would…...
We're exiting our position in an AI chipmaker to lock in big gains
2+ hour, 6+ min ago (12+ words) The sale will help us reduce overlapping exposure to the CPU renaissance....
Delaying Social Security reform raises risks for bond markets and the economy, research finds
2+ hour, 8+ min ago (1028+ words) Delaying Social Security reform could have negative effects on the bond market and the economy, new research shows. "We view the impending depletion of the Social Security OASI trust fund in the early 2030s as the inflection point that could lead…...
The American Dream is missing one key ingredient, says Harvard happiness expert: Without it, 'life is pretty grim"
3+ hour, 19+ min ago (895+ words) In 2018, Alexandra Friedman moved to Seattle to start a new marketing job at Amazon. She was 36 and, despite growing up there, had to rebuild her friendships and professional network after 18 years away. It was "genuinely isolating," she says. Her story…...
Waymo starts driverless rides in four more U. S. markets as expansion accelerates
3+ hour, 19+ min ago (240+ words) Waymo will begin rolling out its driverless vehicles in four new cities in the coming weeks, furthering its U. S. expansion and building on its lead over domestic rivals Tesla and Zoox, which is owned by Amazon. Alphabet's robotaxi division will soon…...
Kentucky Gov. Beshear presses Mc Connell to provide health update as speculation grows
3+ hour, 22+ min ago (261+ words) Kentucky Gov. Andy Beshear on Wednesday asked the office of Sen. Mitch Mc Connell's, R-Ky. , to provide an update on the senator's health, escalating public pressure for more information as the 84-year-old remains hospitalized more than three weeks after being…...
Fed meeting minutes to show 'family fight' over rates. The squabble could drag on for a while
5+ hour, 39+ min ago (978+ words) Divided Federal Reserve officials indicated at their last meeting that they will address persistent inflation this year with one interest rate hike. History, though, suggests that policymakers will have a hard time stopping there. In fact, there have been few…...
Samba Nova hits $11 billion valuation as investors back Nvidia chip challengers
9+ hour, 31+ min ago (363+ words) An AI chip startup has raised $1 billion in financing as investors continue to pour money into companies looking to challenge Nvidia. Samba Nova is now valued at $11 billion thanks to the financing, which was led by General Atlantic along with…...
Far more real estate agents now report seeing a balanced market, CNBC Housing Market Survey finds
1+ day, 6+ hour ago (811+ words) After several years of a lean and pricey housing market that largely favored sellers, buyers are finally regaining leverage and pulling the market back into balance. In the second quarter of the year, 44% of real estate agents surveyed in CNBC's…...
Google backs nuclear fusion startup targeting Europe's first commercial power plant
1+ day, 10+ hour ago (458+ words) Google has backed Germany-based Proxima Fusion, which is looking to build Europe's first commercial fusion power plant, in a 411 million euros ($468 million) round, the company announced on Tuesday. Nuclear fusion is the process of combining two hydrogen atoms to form…...