Claude the conqueror: The AI chatbot keeps wiping out billions from exposed tech stocks – Business Insider

California could soon be running short of gasoline, potentially hiking some of the highest gas prices in the country. Refineries in the state have been closing for years with two more set to shutter soon: a Los Angeles-area refinery at the end of the month and a Bay Area one in April. Together, the two…

Total federal debt is nearing an ominous milestone in a few years, but a potentially more troubling tipping point could also arrive soon. According to the latest projections from the Congressional Budget Office, publicly held debt is currently at $31 trillion and is about 100% of GDP. By fiscal year 2030, debt is expected to…

Elon Musk is addressing a wave of departures from xAI, including two more co-founders who left this week, bringing the total to six out of the original 12. At an all-hands meeting Tuesday night, Musk suggested the exits were about fit, not performance. “Because we’ve reached a certain scale, we’re organizing the company to be…

Morgan Stanley named several stocks that are best positioned going in to 2026. The Wall Street investment bank said companies such as Nvidia are its top ideas for next year. Other overweight-rated names screened by CNBC Pro include: Western Digital, Spotify and Palo Alto Networks. Spotify Spotify is firing on all cylinders, Morgan Stanley said….

On a Saturday morning in October, Park Jihyun woke up at 5:30 a.m. to go raving in Seoul. And much about her prep routine was counterintuitive. Instead of shimmying into a miniskirt, the 29-year-old pulled on a pair of running tights. Instead of slipping her feet into a set of precarious heels, she slipped into…

Nvidia (NVDA +1.68%) is one of the most impressive companies we’ve ever seen. It is dominating the computing hardware realm and has become the primary option to run all of the generative artificial intelligence (AI) workloads that are coming online. However, we’re still in the early innings of the buildout, leaving plenty of room for…