Month: May 2026
Musk texted OpenAI’s Brockman about settlement two days before trial began
Elon Musk arrives at the federal courthouse during proceedings in the trial over his lawsuit against OpenAI in Oakland, California, on April 30, 2026. Josh Edelson | Afp | Getty Images Two days before Elon Musk’s multi-billion-dollar lawsuit against OpenAI was slated to head to trial, Musk texted the company’s president, Greg Brockman, to gauge […]
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Berkshire shares trade higher as Buffett successor Abel scores good marks at meeting, earnings jump
In this article BRK.B Follow your favorite stocksCREATE FREE ACCOUNT Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC Berkshire Hathaway shares rose in premarket trading Monday after CEO Greg Abel’s solid performance over the weekend helming the annual meeting for the […]
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‘Misplaced euphoria’: Markets are sleepwalking into a recession amid Iran war oil price shock
Global economies could be “sleepwalking” into a “big recession”, as investors continue to underplay the impact of the oil price shock, Amrita Sen, founder and director, market intelligence at Energy Aspect, told CNBC’s “Squawk Box Europe” on Monday. The S&P 500 hit a new all-time intraday high last week, with the broad market index touching […]
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Berkshire Hathaway meeting, Spirit shuts down, Meta’s return to court and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. Congratulations to Golden Tempo on winning the Kentucky Derby. However, as a financial journalist, I felt inclined to root for Emerging Market. Stock futures are falling this morning. The market is coming off a winning week. Here are five key […]
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Meta’s public nuisance case in New Mexico has billion-dollar consequences
Mark Zuckerberg, CEO of Meta, is seen in the U.S. Capitol after a meeting in the office of Senate Majority Leader John Thune, R-S.D., on Thursday, March 26, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Meta is back in a New Mexico courthouse on Monday as part of an ongoing child safety […]
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Stocks making the biggest moves premarket: eBay, Norwegian Cruise Line, Coinbase & more
Check out the companies making the biggest moves premarket: eBay — Shares of the online marketplace jumped nearly 9% after GameStop made an unsolicited, non-binding offer Sunday to buy eBay for roughly $55.5 billion. GameStop CEO Ryan Cohen said the merger would be a way to create a strong competitor to Amazon . GameStop fell […]
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Emerging markets, industrial stocks and utilities: Three investment strategies from the studio
Key Points Lombard Odier’s Woods sees a rotation story from developed markets into emerging markets Kepler Cheuvreux’s Philippe Ferreira is seeing opportunities in utilities and telecommunications Amundi’s Guy Stear is eyeing opportunities in industrial stocks, because of the AI trend U.S. futures are pointing lower early Monday, after the S & P 500 and the Nasdaq […]
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Watch CNBC’s full interview with GameStop CEO Ryan Cohen
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email GameStop CEO Ryan Cohen joins ‘Squawk Box’ to discuss details of the company’s offer to buy eBay for $56 billion, the rationale behind the offer, how the combined company would rival Amazon, and more. Source
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Warsh’s take on Fed independence is met with confusion and some concern
Kevin Warsh, chairman of the US Federal Reserve nominee for US President Donald Trump, during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Tuesday, April 21, 2026. Graeme Sloan | Bloomberg | Getty Images Most people don’t know and don’t have much reason to care what a currency […]
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‘Bubble effect’: Weight loss drug fueled growth is putting the pharma sector at risk, report finds
Surging demand for weight loss and diabetes drugs leaves the pharmaceutical sector at risk from a “bubble effect” as profitability soars, new research suggests. Demand for the likes of Wegovy and Zepbound has driven research and development returns to their highest level in years, but a report published by Deloitte on Monday suggests this is […]
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