Year: 2025
What Anthropic’s $50 billion AI infrastructure investment means for these 3 portfolio stocks
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks were mixed Wednesday as Wall Street hoped for an end to the government’s record-breaking shutdown. The House is set for a final vote in […]
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Skims valued at $5 billion after new funding round as it accelerates store expansion
Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan | Getty Images Kim Kardashian’s Skims brand has raised $225 million in new funding led by Goldman Sachs Alternatives, valuing the shapewear and apparel company at $5 billion — up from roughly $4 billion […]
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Supreme Court to hear arguments on Trump bid to fire Fed Gov. Lisa Cook on Jan. 21
Lisa Cook, governor of the US Federal Reserve, at The Brookings Institute in Washington, DC, US, on Monday, Nov. 3, 2025. Aaron Schwartz | Bloomberg | Getty Images The Supreme Court said Wednesday that it will hear oral arguments in the case challenging President Donald Trump’s authority to fire Federal Reserve Gov. Lisa Cook on […]
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AI startup Code Metal is going beyond vibe coding with the help of $36 million in fresh capital
Code Metal co-founders (L-R): SVP of technology Alex Showalter-Bucher, and CEO Peter Morales Courtesy Code Metal Inc. Peter Morales started Code Metal two years ago, jumping into the market for artificial intelligence coding tools at a time when AI companies were rapidly changing the market for software development. Now he’s got $36.5 million in the […]
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WNBA’s Las Vegas Aces coach Becky Hammon says the league may need new leadership
Las Vegas Aces head coach and six-time WNBA All-Star Becky Hammon said it may be time for a change in WNBA leadership. In an interview with CNBC Sport, one month after winning her third NBA Championship with the Aces, Hammon discussed what she described as a “rocky relationship” between Commissioner Cathy Engelbert and many WNBA […]
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Flight cancellations ease, hitting lowest rate in almost a week, with end to the shutdown in sight
The FAA Air Traffic Control tower at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, Nov. 7, 2025. Michael Nagle | Bloomberg | Getty Images Flight cancellations eased across the U.S. on Wednesday ahead of a House vote on a funding bill that could end the longest federal government shutdown […]
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Stocks making the biggest moves midday: Goldman Sachs, AMD, Oklo, Circle Internet & more
Check out the companies making the biggest moves midday: Alkermes — The biotech company dropped 9% as traders weighed phase 2 trial results for its ALKS 2680 drug, which aims to treat narcolepsy. While the company will be advancing the drug to a Phase 3 trial, a higher range of doses or a split dosing […]
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Delta CEO: There was a safety risk behind FAA mandated flight reductions
Ed Bastian, Delta Airlines CEO, joins CNBC’s ‘Squawk on the Street’ to discuss the impact of the government shutdown on flights, Delta’s quarter, and much more. Source
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Healthy Returns: Novo Nordisk boosts the case for its upcoming obesity pill with additional data
A view shows a Novo Nordisk sign outside its office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, on July 14, 2025. Tom Little | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. All […]
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Anthropic to spend $50 billion on U.S. AI infrastructure, starting with Texas, New York data centers
Anthropic announced plans Wednesday to spend $50 billion on a U.S. artificial intelligence infrastructure build-out, starting with custom data centers in Texas and New York. The facilities, which will be designed to support the company’s rapid enterprise growth and its long-term research agenda, will be developed in partnership with Fluidstack. Fluidstack is an AI cloud […]
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