Breaking News: Markets
Berkshire Hathaway votes to separate chairman and CEO roles, paving way for Abel to succeed Buffett at year-end
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway formally separated the roles of chairman and chief executive officer, a long-anticipated move that paves the way for Greg Abel to succeed Warren Buffett as CEO at the beginning […]
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Chicago Fed President Goolsbee ‘a little wary’ about cutting interest rates too quickly
Key Points Chicago Federal Reserve President Austan Goolsbee said Friday he’s leery of cutting interest rates too quickly as threats increase both inflation and employment. “I’m a little wary about front-loading too many rate cuts and just counting on the inflation going away,” he said. Source
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Stocks making the biggest moves premarket: GameStop, USA Rare Earth, Applied Materials, Zillow and more
Check out the companies making headlines in premarket trading. USA Rare Earth — The rare earth miner jumped 8.8% after CEO Barbara Humpton told CNBC that the company is in “close communication” with the White House. GameStop — The meme stock fell 2.7% after the company said in a filing it’s selling a combination assets […]
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Goldman boss David Solomon warns of a stock market drawdown: ‘People won’t feel good’
David Solomon, chief executive officer of Goldman Sachs. Bloomberg | Bloomberg | Getty Images Stock markets are due a “drawdown” in the next year or two after years of being propelled to record highs by an AI frenzy, according to Goldman Sachs CEO David Solomon. “Markets run in cycles, and whenever we’ve historically had a […]
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Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say
Key Points OnePay, the fintech firm majority-owned by Walmart, will soon offer cryptocurrency trading and custody on its mobile app, CNBC has learned. OnePay will offer customers access to bitcoin and ether later this year with help from the startup Zerohash. By allowing OnePay users to hold bitcoin and ether in their mobile app, customers could […]
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Mega AI deals enable exits for private equity — but fuel ‘frothy’ bubble fears
Aside from pushing stocks to all-time highs, the artificial intelligence boom is also giving private equity funds a boost by thawing the frozen IPO market and providing much-needed liquidity. However, AI is also creating what senior industry figures describe as a “frothy” investment landscape in some corners of the market, making it harder to identify […]
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‘Never been stronger’: Investors pile in UK stocks as next U.S.-alternative
European stocks have been on a bull run this year, with investors looking to diversify beyond the U.S. amid volatility sparked by President Donald Trump’s trade policies. But the region’s outperformance over the U.S. has narrowed over recent weeks, with Wall Street’s major averages recovering from the so-called “Sell America” trade to touch fresh all-time […]
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Asia markets trade mixed after Wall Street gains as investors look past government shutdown
Skyline of Tokyo, Japan. Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets opened mostly higher Friday, tracking Wall Street gains as investors shrugged off the U.S. government shutdown. Investors are waiting to see how long the shutdown will last to assess the gravity of its economic repercussions. Historically, government shutdowns in the U.S. have not […]
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USA Rare Earth jumps 6% after CEO confirms discussions with Trump administration
Shares of USA Rare Earth jumped in extended trading Thursday, after CEO Barbara Humpton told CNBC that the rare earth miner is “in close communcation” with the White House. Humpton’s comment comes after the Trump administration took a 5% equity stake in Lithium Americas this week. The Defense Department took a 15% stake in rare […]
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Stock futures are little changed as AI trade drives market to fresh highs, shutdown grinds on: Live updates
Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE Stock futures were little changed after the market recorded new highs on Thursday, driven by strength in the artificial intelligence trade that appeared to overpower concerns about the 2-day-old U.S. government shutdown. Futures tied to the Dow Jones Industrial Average fell 11 […]
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