Month: October 2025
Billionaire tech investor Orlando Bravo says ‘valuations in AI are at a bubble’
Thoma Bravo co-founder Orlando Bravo said that valuations for artificial intelligence companies are “at a bubble,” comparing it to the dotcom era. But one key difference in the market now, he said, is that large companies with “healthy balance sheets” are financing AI businesses. Bravo’s private equity firm boasts more than $181 billion in assets […]
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Republicans face pressure to consider Democrats’ health care demands as shutdown drags on
U.S. Senator Susan Collins (R-ME) speaks with Senator Lisa Murkowski (R-AK), as Lori Chavez-DeRemer, U.S. President Trump’s nominee to be secretary of labor testifies before a Senate Health, Education, Labor, and Pensions (HELP) Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 19, 2025. Kent Nishimura | Reuters Sen. Susan Collins is reportedly […]
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Oracle stock slips 5% on report company is seeing thin cloud margins from Nvidia chips
The Stargate AI data center under construction in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the US. Kyle Grillot | Bloomberg | Getty Images Oracle stock slipped […]
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AG Bondi stonewalls question about Trump mentions in Epstein files at Senate hearing
U.S. Attorney General Pam Bondi attends a oversight hearing of Senate Judiciary Committee on Capitol Hill in Washington, D.C., U.S., October 7, 2025. Jonathan Ernst | Reuters Attorney General Pam Bondi on Tuesday stonewalled a question at a Senate Judiciary Committee about who ordered FBI agents to flag any documents that mentioned President Donald Trump […]
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Ray Dalio says today is like the early 1970s and investors should hold more gold than usual
Key Points Ray Dalio, founder of one of the world’s largest hedge funds, believes investors should allocate as much as 15% of their portfolios to gold. The precious metal surged to an all-time high above $4,000 an ounce on Tuesday. Dalio said gold stands apart as a hedge in times of monetary debasement and geopolitical […]
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Gold prices keep rising, and jewelry companies are sounding the alarm
Gold prices held steady on Thursday, hovering near the record high hit the day before, helped by expectations of further U.S. rate cuts and political uncertainty. David Gray | Afp | Getty Images Amid global economic turbulence, the prices of precious metals have been climbing higher and higher. The price of gold in particular has […]
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Startups are staying private longer thanks to alternative capital
Klarna Group Plc signage during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 10, 2025. Michael Nagle | Bloomberg | Getty Images A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from […]
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Tesla releases driver assist tech update ahead of expected major announcement
Tesla announced a new version of its full self-driving supervised technology Tuesday morning, but investors are looking for something bigger. Over the weekend, Elon Musk’s company shared a teaser clip featuring a logo-emblazoned, spinning component that could be anything from a wheel cover to a fan or turbine. The clip ended with the numbers “10/7,” […]
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The price of gold reached $4,000 an ounce for the first time ever
Fake gold bars piled up in Clermont-Ferrand France on March 25 2025. Romain Costaseca | Afp | Getty Images Gold prices hit $4,000 for the first time Tuesday as investors seek a safe haven from geopolitical volatility, economic uncertainty and stubborn inflation. Gold futures were last trading at $4,005.80 per ounce. Prices have gained more […]
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