Florida Gov. Ron DeSantis joins presidential race, taking on Trump for GOP nomination
The move sets DeSantis against former President Donald Trump in the race for the GOP nomination.
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Snowflake shares plunge 12% on guidance miss, acquisition of search startup Neeva
Snowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates.
Nvidia shares spike 26% on huge forecast beat driven by A.I. chip demand
Nvidia is the top provider of advanced GPU chips for artificial intelligence.
Iconic singer Tina Turner dies at 83
Singer Tina Turner has died at the age of 83 after a long illness, a spokesperson said Wednesday.
Astranis says its first internet satellite is working 'perfectly' as company prepares to bring coverage to Alaska
"We have a new way of connecting people in some of the most remote and underserved parts of the world," Astranis CEO John Gedmark told CNBC.
Fed officials less confident on the need for more rate hikes, minutes show
The Federal Reserve on Wednesday released minutes from its May 2-3 policy meeting.
Microsoft is bringing an A.I. chatbot to data analysis
With its Fabric bundle, Microsoft is trying to persuade companies to use more of its data tools and to save money while they're at it.
Microsoft says Bing can be default search engine for ChatGPT users
Users of the ChatGPT chatbot will be able to turn on the Bing search engine plugin when it becomes available soon, Microsoft said.
Not just Disney: DeSantis brings history of business battles to the presidential campaign
Ron DeSantis is slated to launch his presidential campaign on Twitter during a conversation with Elon Musk, becoming Donald Trump's top rival.
College enrollment continues to slide as more students question the value of a four-year degree
Increasingly, high school students are rethinking the value of a four-year college.
Former JPMorgan exec Jes Staley loses bid to dismiss suit over Jeffrey Epstein ties
JPMorgan CEO Jamie Dimon is set to be deposed in a lawsuit by the U.S. Virgin Islands against the bank over sex trafficking by Jeffrey Epstein.
'The story is all about gold.' ETF experts on commodity-based strategies
While deflationary pressures have stripped precious metals and mining stocks of their luster, flows into certain commodity-based funds continue to accrue.
Mortgage demand drops again as rates cross back over 7%
The average rate on the popular 30-year fixed mortgage crossed over 7% on Tuesday, according to Mortgage News Daily. The highest level since early March.
Meta has started its latest round of layoffs, focusing on business groups
Meta has begun its third round of layoffs as part of a cost-cutting plan that will eliminate more than 21,000 workers from the company.
Nearly 50 state AGs sue company that allegedly facilitated billions of spam calls
Avid Telecom allegedly facilitated more than 7.5 billion calls to numbers on the National Do Not Call Registry, state AGs allege.
Virgin Orbit shuts down after bankruptcy sales
Bankrupt rocket company Virgin Orbit sold its assets and equipment to a trio of aerospace companies in an auction.
Elon Musk says his days are 'long and complicated' splitting time between SpaceX, Tesla and Twitter
Elon Musk talked about time management challenges of running Tesla, Twitter and SpaceX at a Wall Street Journal event
JPMorgan Chase blasts U.S. Virgin Islands as 'complicit' in Jeffrey Epstein sex trafficking
The U.S. Virgin Islands is suing JPMorgan Chase over sex trafficking by former customer Jeffrey Epstein. CEO Jamie Dimon faces an upcoming deposition.
The intensity of methane emissions from oil and gas sector has declined, study finds
The intensity of methane and greenhouse gas emissions from the oil and gas sector declined 28% and 30%, respectively, between 2019 and 2021, a study found.
Trump criminal trial over porn star payoff set for March, months before 2024 election
Donald Trump is accused in the New York criminal case of falsifying business records related to a hush money payment to porn star Stormy Daniels.
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