DoubleLine Capital CEO Jeffrey Gundlach said he would prefer bitcoin to gold in the near term as the cryptocurrency trades near the low end of its range.
Source
Jeffrey Gundlach says he would buy bitcoin over gold in the short term
Technology
U.S. seizes Iranian-flagged ship, Warsh’s big week, Cursor funding and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. The Boston Marathon is today, and I’m feeling particularly inspired by this runner who went from being partially paralyzed to running in this year’s race. Stock futures are falling this morning. The three major indexes are coming off a winning […]
Read More
Technology
SiIicon Valley’s AI agent hiccups: Wasted tokens and ‘chaotic’ systems
San Jose CA, commercial hub of silicon valley and its network of freeways. Steve Proehl | The Image Bank | Getty Images Despite the C-suite’s enthusiasm over artificial intelligence agents that can plow through office tasks like never-sleeping interns, the underlying technology is still rickety and a potential cost-sucker. That much was clear this week […]
Read More
Technology
Nvidia’s once-tight bond with gamers is cracking over AI, ‘and that breaks my heart’
For its first 30 years, Nvidia wasn’t a household name unless you were a gamer. Now, some of its original fan base feel left behind as artificial intelligence has made the chipmaker the world’s most valuable company. “The gaming segment is no longer the driving force of the company. There was one point when it […]
Read More