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The Latest Breaking News from CNBC

Micron Stock Falls on Reports OpenAI May Delay Historic Public Debut. How to Trade MU Stock Here.

Micron stock fell after reports that OpenAI may delay its IPO to 2027. Here is what the financials say about whether Micron is still worth owning.

Barchart

The AI Boom Faces a New Problem: Extreme Weather Hitting Data Centers

International Business Times

Bitcoin Trades Near $60,000 As Strategists Flag Technical Breakdown, ETF Outflows

Bitcoin's slide toward $60,000 has drawn renewed attention from Wall Street strategists as ETF outflows and macro pressures reshape investor positioning across digital assets.

International Business Times

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Expert Warns Crude Could CRASH Despite Middle East Tensions — Here's Why Petrol Prices May Plunge

Analysts predict oil prices may stabilise as supply improves and demand remains steady, despite ongoing tensions in the Middle East.

International Business Times UK

Trump Eases Pressure On Fed Chair Kevin Warsh As Inflation Climbs, Analysis Claims

The Trump administration is giving new Federal Reserve Chair Kevin Warsh more room to navigate elevated inflation, even as President Donald Trump continues to publicly favor lower interest rates.

International Business Times

Dear Future SK Hynix Stock Investors, Mark Your Calendars for July 10

South Korea's most valuable company is heading to Wall Street. Here's what that means for you.

Barchart

There’s Another New Reason to Get Bullish on Nvidia Stock

Nvidia launched a full-stack safety platform for robotics as physical AI continues to be a hot topic.

Barchart

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SpaceX's Active Docking On Nasdaq 100 May Spur $4.3 Billion Passive Bounty

Stocks included in the Nasdaq 100 index get a boost, as exchange-traded funds buy shares of the newly included firms as they seek to replicate the index's performance. J.P. Morgan has reportedly estimated that the entry of SpaceX in the Nasdaq 100 may likely infuse $4.3 billion in passive inflows.

International Business Times

Red Lobster lost millions on its endless shrimp disaster. Shareholders say it was a ‘car crash’ designed to squeeze profits

The lawsuit accuses former controlling shareholder Thai Union of orchestrating the ploy to boost its seafood business.

Fortune

Stocks Edge Down As Nasdaq Posts Fifth Loss In a Row

Stocks edged down on Friday, but the tech-heavy Nasdaq Composite fell for the fifth session in a row after a slight drop.

International Business Times

Bitcoin ETFs Post Record $6.4 Billion Outflows As BTC Slides To 2024 Lows

U.S. spot bitcoin ETFs have recorded their largest monthly withdrawal streak since launch as risk-off sentiment spreads across crypto markets and broader macro conditions remain tight.

International Business Times

Fed Officials Keep Focus On Inflation As Goolsbee Warns Price Pressures Remain High

Chicago Federal Reserve President Austan Goolsbee said inflation remains the central bank's biggest concern despite some improvement in services prices.

International Business Times

Public Health Officials Say Measles Poses a Bigger World Cup Threat Than Ebola

Measles, not Ebola, is the top health threat at the 2026 FIFA World Cup, say health officials. The U.S. has 2,104 cases in 2026. Here's the risk and how to protect yourself.

Medical Daily

Your 2027 Social Security Raise Is Shaping Up to Be the Biggest in Years — Here’s the Latest

For many retirees, Social Security COLA announcements feel like financial weather forecasts that can shift the entire year. Early projections for 2027 suggest something many recipients have not seen in quite a while, a potentially stronger cost-of-living adjustment driven by stubborn inflation patterns. According to recent reporting from CNBC, inflation…

The Free Financial Advisor

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International Business Times

Anthropic Accuses Alibaba Of Large-Scale Effort To Extract Claude AI Capabilities

Anthropic has accused Chinese technology giant Alibaba of conducting a large-scale campaign to extract capabilities from its Claude artificial intelligence models.

The Economic Times

Anthropic expands hiring for AI infra roles in A-Pac amid surge in demand

The hiring push comes as Anthropic works to expand its computing capacity beyond the US. The company had said in a blog post in April that rapid growth in demand had placed pressure on its infrastructure, impacting reliability and performance.

The Economic Times

Micron stock surges after Micron earnings report crushes estimates: How is AI demand driving Micron to new heights?

Micron's earnings report highlights the rising influence of AI on the semiconductor sector. The company has exceeded projections while forecasting strong revenue growth driven by substantial demand for memory and storage solutions, especially in data centers. With secured long-term customer agreements, Micron appears well-positioned for ongoing success and expansion in…

Barchart

Amazon’s AI Chief Predicts a Commercial Quantum Computer Will Be Usable Within 7 Years. Why This Matters.

Amazon's AI chief says the first commercially useful quantum computer is just five to seven years away. Here is what that means for investors and the tech industry.

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Fortune

Scott Bessent calls Mamdani 'leader of the Democratic Party,' touts weekly Warsh breakfasts and a new push to put every American in the stock market

"Do you want to keep more of your money?" The Treasury Secretary asked on CNBC. "it's not the fringe Democratic left anymore."

The Times of India

After being laid off from a corporate job, woman saved $24,000 and turned an abandoned Joann store into a two-day craft festival

After losing her corporate marketing job in 2025, Southern California events producer Lauren Tetef decided to bet on a dream she had long imagined. Over several months, she saved about $24,000 through freelance work and transformed a vacant former Joann fabric store in Torrance, California, into Open House Creative Fest,…

International Business Times

Stocks Fall Again, Dragged By Chipmakers; Defensive Stocks Climb

Stocks again dropped on Tuesday, dragged by chip-related shares.

International Business Times

AI Memory Startup Engram Raises $98 Million As It Seeks To Slash Token Costs

AI memory startup Engram has raised $98 million from a powerhouse group of investors as it seeks to reduce the cost of tokens.

International Business Times

Magnificent 7 Selloff Is a Buying Opportunity as AI Spending Boom Continues, Strategist Says

The Magnificent 7, which consists of Apple, Microsoft, Nvidia, Amazon, Meta, Alphabet and Tesla, remains the dominant force in U.S. equities. A strategist said the recent selloff is a new opportunity to buy them.

International Business Times

SpaceX Drops Below IPO Price As Stock Falls For Fourth Day In a Row

SpaceX shares fell below the company's IPO price of $150 as a wider rout in tech stocks continues.

International Business Times

South Korea's KOSPI Index Falls 10% Amid Signals That Tech Raly Could Be Overheated

South Korea's KOSPI index dropped 10% on Tuesday amid signals that the rally in the tech sector could have become overheated.

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