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The Latest Breaking News from CNBC

Debt Has Dictated Job Choice For Some 37% Of People, According To Zety Survey

Some 37% of people have accepted a job they weren't otherwise interested in or that fell outside of their desired industry because it gave them a better opportunity to repay their debt, a survey from Zety found.

Benzinga

Zohran Mamdani Slams Grok 4 Over Controversial Israel Remark, Users Say It Talks Like Elon Musk

Indian-origin New York mayoral candidate Zohran Mamdani criticised Grok 4 after it compared Israel to a 'parasite.'

International Business Times UK

Goldman Bets On AI Developer To Boost Productivity—Could This Be The Future Of Wall Street Jobs?

Goldman Sachs (NYSE:GS) has begun testing Devin, an autonomous AI software engineer developed by Cognition Labs, as it seeks to integrate AI agents alongside its 12,000 human developers, tech chief Marco Argenti told CNBC.

Benzinga

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Cathie Wood Vs. Jim Cramer: TV Host Says Top Ark AI Pick 'Losing Money Hand Over Fist'

When it comes to artificial intelligence stocks, there are multiple that are found in the various portfolios of Ark Funds, led by Cathie Wood.

Benzinga

Nvidia Just Became the First $4 Trillion Company in the World. Should You Buy NVDA Stock?

Nvidia extended gains to become the world’s first $4 trillion company on Wednesday. BofA analyst still sees further upside in NVDA shares.

Barchart

'One Hell Of An Opportunity,' Fanatic's Business Training Camp Helps Professional Athletes Become Business Tycoons

Giving professional athletes the necessary tools to secure their financial futures through workshops on tech, entrepreneurship, and business was the primary goal of Fanatics' inaugural "Chapter: Next" career intensive.

Benzinga

Nvidia AI challenger Groq announces European expansion — Helsinki data center targets burgeoning AI market

Positioning itself as leaner and faster at inference workloads, Groq is hoping to outcompete Nvidia at its own game.

Tom’s Hardware

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After a 9,644% Rally, This Used Car Stock Still Has Room to Run — 'Just 1% of the Market So Far,' Says Jim Cramer

Carvana Co. (NYSE:CVNA) has delivered a staggering 9,644% gain from its pandemic-era lows in 2022, but CNBC's Jim Cramer believes the used-car e-retailer is only just getting started.

Benzinga

Parents shell out $5,000 a month and delay retirement to support 27-year-old daughter living at home

‘The reason we do it is because we don’t want to see her on the street,’ the mother said

The Independent UK

Musk Tells Tesla Analyst Dan Ives To 'Shut Up,' But He's Not Backing Down: 'This Is The Time For ... A Plan'

Tesla Inc (NASDAQ:TSLA) analyst Dan Ives isn’t being quiet when it comes to CEO Elon Musk’s political drama, even though Musk directly told him to “shut up.”

Benzinga

Trump Threatens Up To 200% Tariffs On Drug Imports. The Market Doesn't Believe Him.

President Donald Trump threatened Tuesday to levy up to 200% tariffs on drugs imported into the U.S. "very soon."

Investors Business Daily

CoreWeave CEO Bets On 'Custom-Built Software Stack' To Outpace Rivals— But Calls Oracle A 'Formidable Competitor'

In a recent interview with CNBC, CoreWeave (NASDAQ:CRWV) CEO Michael Intrator acknowledged Oracle Corporation (NYSE:ORCL) as a strong rival in the artificial intelligence infrastructure sector.

Benzinga

Trump Steps Up Pressure For Deals As US Tariff Deadline Nears

Donald Trump's aggressive trade policy faces a critical week as the US president races to secure the bilateral deals he promised, ahead of a shifting deadline for re-imposing steep tariffs on dozens of economies.

International Business Times

Cuban's AI Prediction, IBM's Rise, Musk's New Hire And More: This Week In AI

As we wrap up another eventful week, the tech world continues to buzz with exciting news and predictions. From Mark Cuban‘s bold forecast about the future of AI to IBM‘s surprising performance, there’s plenty to catch up on. Let’s dive into the top stories that caught our attention over the weekend.

Benzinga

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International Business Times UK

Big Beautiful Bill Delivers Relief: Social Security Tax Cut Ushers in a New Era for Seniors - What You Should Know

Trump's One Big Beautiful Bill frees 88% of seniors from Social Security taxes, boosting retirement savings.

Latin Times

GOP Congressman Mocked for Supporting 'Big, Beautiful Bill' After Trump Promised to 'Use Things to Make the Bill Better': 'Sellout'

South Carolina Sen. Ralph Norman praised President Donald Trump for doing a "masterful job" outlining improvements to the now-passed bill.

Benzinga

'Not FANG. Not Magnificent Seven. Just M-N-Ms:' Jim Cramer Floats New Tech Acronym For These Stocks That Outpaced Peers

CNBC commentator Jim Cramer pointed out that three tech behemoths, Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA) and Meta (NASDAQ:META), have closed the first half of the year at record highs, surpassing their ‘Magnificent Seven’ counterparts.

Benzinga

Meet Smartex: The AI Startup Funded By Amazon And iPod Inventor Tony Fadell That's Stopping 1M Kilograms Of Textile Waste Before It Happens

Smartex, a Portuguese startup founded in 2018, is using artificial intelligence to eliminate textile waste before it happens, capturing the attention of major investors including Amazon (NASDAQ:AMZN), HM Group, and Tony Fadell, inventor of the iPod and Nest thermostat, CNBC reports.

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The Independent UK

Americans are spending less on luxury items but this market still shines

Luxury jewelry spending is on the rise despite an overall dip in spending across all luxury items

Benzinga

'I Will Never Work Again': What Retirees Who Gave Up Work Completely Say About Life Now

More retirees are staying busy — but not everyone is working. Many retirees choose to stay connected to work, even if only part-time. Whether it's substitute teaching, freelancing, or picking up a fun side gig, plenty of retirees say they enjoy having a reason to get out of the house…

Fortune

Amazon CEO Andy Jassy: AI will mean fewer jobs and we've already cut 27,000 people from Amazon’s workforce

“I think that AI and generative AI specifically is the most transformative technology of our lifetime, which is saying a lot, given that we have had the internet,” he told CNBC.

Benzinga

On The 'Front Line' Of China's AI Ambitions: OpenAI Flags Zhipu AI As Rising Rival Backed By $1.4B State Funding

Zhipu AI, founded in 2019, is one of China's so‑called "AI tigers" and a rising player in large language models aimed at reducing dependence on U.S. platforms, CNBC reports.

Benzinga

Turnaround King–This "Burned Out" Morgan Stanley Executive Bought A Failing Snack Business For $250K And Just Sold It For $750 Million

Charles Coristine thrived in pressure-packed environments when Morgan Stanley (NYSE: MS) hired him as a trader in the early 1990s. Twenty years later, he was suffering from severe burnout. He tried everything from meditation to enrolling in graduate school, but nothing seemed to cure his frustration. Then, he took a…

Benzinga

How This 50-Year-Old Built A Side Hustle Paying Over $100K Per Month For Working 1 Day Per Week

People of a certain age may remember their mother, grandmother, or aunt spending countless hours sewing quilts, which remains a popular hobby. You might even be into quilting yourself, but did you ever imagine that you could turn that passion into a business that earns over $100,000 per month? 50-year-old…

Benzinga

Warren Buffett Would Probably Still 'Literally Throw Up' When Speaking In Front Of Crowds If He Didn't Take This $100 College Course

Legendary Investor Warren Buffett had an extreme fear of public speaking in his younger days. If it weren’t for a $100 college course he took when he was 20 years old, the “Oracle of Omaha” might have shorted his own success.

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