Month: March 2026
Nvidia may soon unveil a brand-new AI chip. A closer look at the $20 billion bet to make it happen
On the day before Christmas, when few stocks were stirring, a pricey and pivotal transaction jolted the AI computing race: Nvidia was spending a reported $20 billion to license technology from chip startup Groq and hire key employees, including its CEO, who previously helped Google create what’s become the leading alternative to Nvidia’s AI processors. […]
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Blackstone is a major seller in January commercial real estate deals
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. After […]
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Stocks making the biggest moves midday: Adobe, Ulta Beauty, Insulet, Klarna, Once Upon a Farm & more
Check out some of the companies making the biggest moves midday: Adobe — The software giant saw shares tumble more than 5%. CEO Shantanu Narayen said that he would step down from his post after a successor has been named. Narayen will remain as chair of the company’s board. He has been Adobe’s CEO since […]
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Starbucks union sent the company a proposed contract. Here’s what baristas want
Starbucks union members and their supporters, including baristas who have just walked off the job, effectively closing a local branch, picket in front of the store, Feb. 28, 2025 in New York City. Andrew Lichtenstein | Corbis News | Getty Images Starbucks Workers United presented the company with a comprehensive proposed contract last month, the […]
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Amazon to hike price of ad-free Prime Video tier by $2 a month
Future Publishing | Future | Getty Images Amazon is bumping up the price of its ad-free Prime Video offering in the U.S. by $2 a month, the company announced Friday. The service will now cost $4.99 a month, up from $2.99 a month, starting April 10. As part of the price hike, Amazon is rebranding […]
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The stock market is getting very close to a point that would trigger a policy response, BofA’s Hartnett says
If the stock market drops much further from here, it’s likely to trigger a policy response from the White House and the Federal Reserve, Bank of America chief investment strategist Michael Hartnett said. The market has held up fairly well this year in the face of heightened headline risk. The S & P 500 has […]
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Epstein files: Congress seeks to depose prison guard on duty at time of Jeffrey Epstein’s death
In this Nov. 25, 2019 file photo, Tova Noel, center in yellow blouse, a federal jail guard responsible for monitoring Jeffrey Epstein the night he killed himself, leaves federal court, in New York. Craig Ruttle | AP The House committee investigating disgraced sex offender Jeffrey Epstein announced on Friday it is seeking testimony from a […]
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Trump says he thinks Putin is helping Iran
Russian President Vladimir Putin chairs a meeting of the presidential council for civil society and human rights via a video link in Moscow, Russia, December 9, 2025. Gavriil Grigorov | Via Reuters President Donald Trump on Friday said he believed that Russian leader Vladimir Putin is helping Iran in its war against the United States […]
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How the Iran war could start to impact U.S. retail prices
The Iran war could soon mean higher prices on store shelves for consumers. Iran’s effective closure of the Strait of Hormuz passage has significantly disrupted the global supply chain, affecting goods from fertilizers to metals to gas and fuel. The passage is a critical point, funneling tens of millions of barrels of oil daily along […]
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Iran war oil shock stokes fears of 1970s-style stagflation — why this time could be different
Key Points Fears of higher prices and slower economic growth have unsettled markets over the past week following a spike in the oil price. Investors fear the specter of stagflation and what it could mean for their portfolios, but 2026 looks different to the 1970s for several reasons. Back then, a spike in oil prices […]
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