Shares of Advanced Micro Devices (AMD 1.71%) got a lift after the company agreed to a deal with social media giant Meta Platforms (META 1.29%). The stock is now about breakeven for 2026, while it’s nearly doubled over the past year. Under the terms of the multi-year deal, Meta has committed to buying 6 gigawatts…
On Wednesday, Nvidia Corp (NASDAQ:NVDA) delivered blockbuster quarterly results and raised its outlook, but the stock’s muted after-hours reaction sparked debate on Wall Street about expectations and long-term growth. CNBC’s Jim Cramer took to X and said the after-hours decline in shares of Nvidia was unwarranted, calling the pullback “a mistake” following a quarter that…
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The timing was almost too conspicuous. Netflix CEO Ted Sarandos had just flown to Washington, D.C. to attend meetings at the White House, likely to gauge the temperature on just what regulatory hurdles the company would encounter to acquire Warner Bros. He faced a bet-the-company decision. Paramount had raised its bid, dethroning Netflix in the…
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Greg Abel speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway‘s Greg Abel used his first annual shareholder letter as chief executive to reassure investors that the conglomerate’s culture of financial conservatism and disciplined investing established…
As tensions escalate in Tehran amidst ongoing air strikes, the Iranian leadership is faced with critical decisions about its future and governance. With the death of Supreme Leader Ayatollah Ali Khamenei and other top military officials, Iran is navigating a tumultuous landscape both domestically and in terms of its regional relations, all while reaffirming its…
In the evolving landscape of international diplomacy, the strategies employed by world leaders can significantly alter global perceptions and alliances. Trita Parsi, Executive Vice President of the Quincy Institute, emphasizes that the potential for a historic diplomatic achievement with Iran was squandered during the Trump administration, highlighting how opportunities for peace were overlooked in favor…
In a critical transitional moment for Iran, the country has appointed a three-member leadership council to steer the government in the wake of the death of Supreme Leader Ali Khamenei, who led for nearly four decades. This interim council, comprised of influential figures from Iran’s political and religious landscape, reflects a continuity of governance as…
Tensions in the Middle East escalated significantly over the weekend as military actions involving Iran, Israel, and the United States led to widespread violence and casualties. This latest surge in conflict has resulted in missile and drone strikes across multiple nations, raising international concerns about regional stability and security. Situations like these often highlight the…
Updated Feb. 27, 2026, 3:51 p.m. ET Lansing — DTE Energy said it will seek another increase in the electricity rates it charges customers in Michigan, just days after state regulators approved a $242 million rate hike. In a Tuesday filing with the Michigan Public Service Commission, DTE’s attorneys said they plan to submit a…
EWING TWP., N.J. (WPVI) — Police in Ewing Township have charged three suspects in connection with an incident at a Wendy’s restaurant last weekend. It happened on Feb. 21 at the Wendy’s on the 1700 block of Olden Avenue. Officers responded after customers became disorderly and broke a drive-thru window, police said. The suspects have…
For months, the threat of artificial intelligence (AI) replacing human workers has hovered over the American economy like a distant storm. But this week, the storm made landfall, as viral doomsday essays seemed to become reality. AI executive Matt Shumer made a stir early in the month with an essay posted to X.com (and adapted…
What started as an Israeli strike on Iran hours earlier has escalated into the broadest Middle Eastern military conflict in decades, posing a risk to financial markets, including cryptocurrencies. Per reports on Bloomberg, CNN and Reuters, Iran launched waves of missiles and drones targeting not just Israel but U.S. bases and interests across the Gulf….
The recent escalation of tensions in the Gulf region has drawn global attention, particularly following alarming reports of missile attacks on Doha, Qatar’s capital. As modern defense systems intercepted these threats, the ensuing chaos illuminating the skies has underscored the ongoing complexities of Middle Eastern geopolitics, where nations continuously navigate security challenges intertwined with regional…
The recent assassination of Iran’s Supreme Leader, Ayatollah Ali Khamenei, during U.S.-Israeli airstrikes marks a significant turning point in the nation’s political landscape. As Iran’s leadership navigates this turbulent period, the search for Khamenei’s successor takes center stage, presenting not only a challenge for the clerical elite but also an opportunity for the country to…
Have a car insured by State Farm? The nation’s largest auto insurer said it will soon send out payments averaging about $100 per vehicle to nearly 50 million customers in what the insurer is describing as a one-time customer giveback tied to its recent financial performance, the company announced Thursday. State Farm can offer these…
Before last week the name Alap Shah didn’t ring a bell for many people. The 45-year-old financial analyst and tech entrepreneur had spent the past two decades working in relative obscurity. Then last weekend he coauthored a blog with the research firm Citrini titled “The 2028 Global Intelligence Crisis.” It was a “thought exercise” about…
As the humanitarian crisis in Gaza intensifies, the recent closure of the Rafah border crossing with Egypt has raised significant concern. The Israeli government’s decision to halt operations at this critical transit point disrupts not only the flow of desperately needed aid but also the evacuation of critically ill patients. In a region where access…
CHICAGO (WLS) — The Federal Aviation Administration will be asking airlines to reduces flights at Chicago’s O’Hare airport this summer. There are concerns the flight schedule in place would exceed the airport’s capacity and stress the safety systems, including runways, terminals and air traffic control, at the airport. ABC7 Chicago is now streaming 24/7. Click…
The recent geopolitical turmoil has erupted following the assassination of Iranian Supreme Leader Ayatollah Ali Khamenei, igniting demonstrations and a fierce display of allegiance among his supporters. This incident has not only escalated tensions in the Middle East but also raised significant concerns about the implications for regional stability, as Iran vows to retaliate decisively…
In light of ongoing geopolitical tensions, the recent U.S. strikes on Iran have ignited a divisive debate among American lawmakers, revealing entrenched partisan dynamics. While many Republican leaders rally around President Trump’s military actions as necessary for national security, others express concerns over the implications of escalating conflict, particularly in a region marked by complex…
Recent missile attacks on Qatar have raised significant security concerns in the region, highlighting the ongoing volatility within the Gulf. With the Qatari authorities reporting multiple incidents of shrapnel landing across the nation, this escalation serves as a reminder of the delicate balance in regional geopolitics and the necessity for robust defensive measures. Doha, Qatar…
The clock is ticking on the Paramount and Warner Bros Discovery mega-merger, literally, and things could get sticky and expensive if California’s Attorney General has his way. Tweeting the not-so quiet thing out loud today, Rob Bonta revealed he is in talks with other state (read Blue State) AGs about concerns they have on the…
As the geopolitical landscape in the Middle East shifts dramatically, recent military actions led by the United States in conjunction with Israel against Iran have sparked a range of reactions across the American political spectrum. Notably, while Republican leaders have largely expressed support for the strikes, many Democrats have called for more diplomatic approaches and…
Democratic lawmakers in the United States are voicing strong opposition to President Trump’s military strikes on Iran, labeling them as a reckless escalation with far-reaching consequences. Their condemnation highlights a broader context of increasing bipartisan concern regarding executive power in military engagements, emphasizing the need for robust congressional oversight to prevent unapproved military actions. This…
Paramount‘s $111 billion megadeal for Warner Bros. Discovery is officially a go. The two companies formally unveiled the deal Friday after Netflix formally bowed out of the running a day earlier, citing a price that was “no longer financially attractive.” Paramount mogul David Ellison said: “From the very beginning, our pursuit of Warner Bros. Discovery has…
American Airlines and United are in a pitched battle at Chicago O’Hare. American had gates taken away at the airport because they hadn’t build back their schedule fully after Covid. This was done earlier than expected based on lease documents. The airline wants to protect its current gates, and even bought more from Spirit Airlines….
In recent years, U.S. foreign policy in the Middle East has shifted dramatically, particularly under the leadership of President Donald Trump. His administration’s aggressive stance, particularly towards Iran, highlights the complexities and contradictions of current geopolitical strategies, as homegrown sentiments for peace and stability clash with military interventionism and external influences, notably from allies like…
In a powerful display of public sentiment, New York City residents gathered in Times Square to voice their opposition to escalating military actions against Iran, sparked by President Donald Trump’s recent orders. Mayor Zohran Mamdani characterized these strikes as a dangerous escalation in what he deemed an illegal war of aggression. This mobilization reflects a…
In recent weeks, the tech world has been abuzz with AI “jobpocalypse” warnings. Microsoft AI chief Mustafa Suleyman warned that white-collar workers have a year to 18 months before they face widespread job displacement. Former presidential candidate Andrew Yang and JPMorgan Chase CEO Jamie Dimon concurred. These threats have caused many professional workers’ stomachs to…
WASHINGTON (AP) — U.S. wholesale prices came in hotter than expected last month. The Labor Department reported Friday that its producer price index, which measures inflation before it hits consumers, rose 0.5% from December and 2.9% from January 2025. Economists had forecast a 0.3% increase for the month and 1.6% year over year, according to…
Netflix said on Thursday that it will not match Paramount Skydance’s latest bid for Warner Bros. Discovery, clearing the way for a massive merger that could shake up the entertainment and media industry. Netflix agreed in December to buy part of Warner Bros. Discovery for $27.75 a share, or $82.7 billion. But Paramount Skydance had…
The ongoing tensions in the Middle East have escalated, drawing the attention of global leaders and organizations alike. In this complex landscape, Iran has voiced significant concern regarding the impact of military actions by the US and Israel, specifically highlighting the toll on innocent civilians. As geopolitical dynamics shift, the calls for accountability and humanitarian…