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In the two years since the launch of ChatGPT, stocks have soared to new highs, megacaps have ballooned in size and AI chipmaker Nvidia has become the second-largest stock in the U.S. by market value. But the biggest winner has in fact been a little-known Ohio-based cooling technology stock named Vertiv Holdings. Vertiv has benefited … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Blockchain Association … Read more
Jaque Silva| Nurphoto | Getty Images OpenAI has hired its first chief marketing officer, nabbing Kate Rouch from crypto company Coinbase. Rouch joined Coinbase in August 2021 to lead global marketing and public relations, and oversaw the company’s Super Bowl ads. Before that, she spent more than 11 years at Meta, including a role as … Read more
Former New York City mayor Michael Bloomberg, a democratic presidential candidate, attends the U.S Conference of Mayors 88th Winter Meeting in Washington, D.C, January 22, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Billionaire and public health advocate Mike Bloomberg on Tuesday excoriated Robert F. Kennedy Jr., President-elect Donald Trump’s pick for U.S. health … Read more
Constellation Brands ‘ decision to sell its Svedka vodka brand is a step in the right direction as the Modelo and Corona brewer focuses on its high-end businesses. The news Constellation said Tuesday it will sell Svedka to New Orleans-based Sazerac, which owns hundreds of brands from distilleries around the world. While terms of the … Read more
Stock market trading has been acutely sensitive to economic data in the post-Covid era, with the averages moving sharply on upside and downside surprises. That could be about to change as Donald Trump plans to assume the presidency, bringing with him a high level of uncertainty and making policy possibly more important than the much-watched … Read more
Entrepreneur Brian Singerman (R) and Noelle Moseley arrive at the Tenth Breakthrough Prize Ceremony at the Academy Museum of Motion Pictures in Los Angeles, California, on April 13, 2024. Etienne Laurent | Afp | Getty Images Brian Singerman, one of the earliest employees of Peter Thiel’s Founders Fund, said on Tuesday that he’s stepping down … Read more
President-elect Donald Trump’s transition team said Tuesday that it reached an agreement with the Department of Justice that sets the stage for the department to conduct background checks and start the security clearance process for Trump administration nominees and appointees. The agreement comes amid controversy over some of Trump’s picks for top positions in the … Read more
At a time when investors are mixed on the U.S. market, one portfolio manager remains optimistic and sees reasons to stay invested. “We really like the U.S.,” Aneka Beneby, portfolio manager at Julius Baer International, told CNBC Pro last month. “Now that the [U.S.] election result is clear and behind us, we can reasonably assume … Read more
File photo of Todd McKinnon, chief executive officer of Okta Inc. Bloomberg | Bloomberg | Getty Images Shares of Okta popped more than 18% in extended trading Tuesday after the identity management company released third-quarter results that beat analysts’ estimates and offered rosy guidance. Here’s how the company did: Earnings per share: 67 cents adjusted … Read more