AI stocks such as Nvidia are now masters of the market narrative, driving record highs across the S&P 500 and Nasdaq.
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CNBC Daily Open: The Fed spoke, but AI roared
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Marco Rubio says U.S. expects Iran response on peace deal ‘today’
U.S. Secretary of State Marco Rubio speaks to the press at the US Embassy in Rome on May 8, 2026. Stefano Rellandini | AFP | Getty Images U.S. Secretary of State Marco Rubio has said that the U.S. is expecting a response on Friday from Iran on the proposal to end the war. “We should […]
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A cloud computing stock is soaring more than 22%. Here’s what’s driving the rally
The Akamai Technologies logo and lettering can be seen on the headquarters building at the company’s German headquarters in Garching near Munich (Bavaria). Matthias Balk | Picture Alliance | Getty Images Akamai’s stock jumped in early trading Friday after it announced a $1.8 billion deal with an AI company and posted first-quarter earnings that were […]
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Sony targets double-digit profit growth despite slowdown in PlayStation 5 sales amid memory price crunch
Japanese entertainment giant Sony on Friday said it expects annual profit to rise as revenue from some business segments in the fourth quarter helped offset headwinds from a memory price crunch. Here are Sony’s fourth-quarter results compared with LSEG estimates: Revenue: 3.036 trillion Japanese yen ($19.4 billion) compared to analyst estimates of 2.896 trillion yen. […]
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