Breaking News: Investing
PayPal signs deal with OpenAI to become the first payments wallet in ChatGPT
Alex Chriss, CEO of PayPal Inc. Courtesy: PayPal PayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for items found through the leading consumer AI tool, the company told CNBC exclusively. The agreement, sealed over the weekend, means that starting next year, both sides of […]
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Berkshire Hathaway downgraded to sell by KBW, citing Buffett succession, ‘many’ other issues
Keefe, Bruyette & Woods downgraded Berkshire Hathaway to underperform, warning that Warren Buffett’s succession risk and a slew of business-specific headwinds could weigh on the conglomerate’s earnings and share performance over the next year. The brokerage slashed its rating to the equivalent of sell from neutral, and cut its price target for Berkshire’s Class A […]
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‘VOO and chill:’ Why this popular investment strategy may be losing its appeal — even with stocks at all-time highs
Passive investing through exchange-traded funds may be losing its appeal. Tidal Financial Group Chief Revenue Officer Gavin Filmore finds many of his clients are no longer satisfied with buying popular ETFs tied to market indexes. “I think investors are looking beyond just the let’s call it the ‘VOO and chill approach’ where you just buy […]
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Bank of America names five stocks with more room to run before they report earnings
Bank of America named several stocks that are well positioned ahead of their quarterly reports. The Wall Street investment bank says companies like Meta Platforms are compelling, with more room to run. Other buy-rated names screened by CNBC Pro include: Roblox, Wex, Coupang and Trip.com. Roblox The gaming company is firing on all cylinders, according […]
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Musk calls proxy advisory firms ‘corporate terrorists.’ Why their power is growing in the stock market
Tesla CEO Elon Musk lashed out at the leading shareholder advisors on Wednesday, shining a spotlight into a corner of Wall Street that wields enormous influence among the largest institutional investors. Musk said proxy advisors Institutional Shareholder Services and Glass Lewis “have no freaking clue” after ISS last week recommended shareholders reject Musk’s near $1 […]
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The Beyond Meat fever highlights the risk of trying to ride the meme trade wave
The latest frenzy in Beyond Meat is offering a fresh reminder for investors chasing the latest viral stock — Riding the meme wave is fun, until it isn’t. The food company known for its plant-based burgers and sausages experienced monstrous gains of 128% Monday and 146% Tuesday. On Wednesday, the stock erased a triple-digit intraday […]
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Western Alliance CEO says alleged loan fraud is ‘incredibly frustrating’ but isolated issue
Key Points Western Alliance is one of the regional banks facing concerns over loans made to non-bank financial players. The bank’s CEO said he believes the alleged loan fraud that sparked a selloff last week is an isolated case. The Cantor Group episode forced Western Alliance to review other loans in its note finance portfolio, […]
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Travis Kelce joins activist investor Jana Partners in push to revive Six Flags
Travis Kelce #87 of the Kansas City Chiefs looks on during warmups before the game against the Detroit Lions at Arrowhead Stadium on Oct. 12, 2025 in Kansas City, Missouri. Jamie Squire | Getty Images NFL star Travis Kelce is teaming up with activist investor Jana Partners in a bid to help reshape the future […]
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Gold is getting knocked on Tuesday – it’s still the hottest trade of the year
While gold was taking a hit on Tuesday, the metals trade has outshined artificial intelligence on Wall Street this year, even the latter has propelled the broader stock market to record levels. Gold crossed the $4,000-per-ounce threshold earlier in October, and just this week, it hit a record above $4,300 . It’s currently up more […]
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Investor Lauren Taylor Wolfe says we are ‘absolutely’ in an A.I. bubble now
watch now VIDEO2:5902:59 Impactive Capital’s Lauren Taylor Wolfe: We’re ‘absolutely’ in an AI bubble & it is going to burst Squawk on the Street Lauren Taylor Wolfe, co-founder of activist investment firm Impactive Capital, said the surge in enthusiasm around artificial intelligence has all the markings of a bubble. “We are absolutely in an AI […]
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