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Subsequent fee hike will spark ‘dangerous game’ with state of economic system, investor Peter Boockvar warns
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Upcoming rate hike will spark ‘dangerous game’ with state of economic climate, investor Peter Boockvar warns
Finance
Stocks making the biggest moves premarket: Amazon, Apple, GE Aerospace, UnitedHealth & more
Check out the companies making headlines before the bell: UnitedHealth — Shares popped more than 6% after UnitedHealth reported first-quarter earnings and revenue that beat analyst expectations. The company earned $7.23 per share, adjusted, on revenue of $11.72 billion. Analysts expected a profit of $6.57 per share on revenue of $109.57 billion. UnitedHealth also hiked […]
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Finance
Volkswagen announces voice AI in its Chinese cars from later this year
Key Points German automaker announced it would incorporate AI agents that allow humans to control car features with voice commands into its cars in China. CTO Thomas Ulbrich told CNBC that the in-car AI agent would draw on tech from Tencent, Alibaba and Baidu. Volkswagen has invested heavily in China in recent years, with stakes […]
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Finance
Here’s what to expect from Fed chair nominee Kevin Warsh’s Senate hearing Tuesday
Key Points Fed chair nominee Kevin Warsh travels to Capitol Hill on Tuesday to convince lawmakers he can carry out a presidential push for lower interest rates while remaining free of political constraints. Political independence has been a key question surrounding the search for a successor to current Chair Jerome Powell. In remarks he’s scheduled […]
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