David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery
Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combination of Paramount and WBD.
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Micron beats on earnings and issues strong guidance as data center revenue jumps 11-fold
Micron is up over 500% in the past year as the company benefits from soaring AI demand.
Meta stock enjoys best month since 2022 on AI momentum
Meta stock had its best month in almost four years as investors cheer the social media giant's recent momentum in artificial intelligence.
Google rolls out Gemini 4 Argon, its most advanced AI model
Gemini 4 Argon is Alphabet's most advanced model yet, with major coding, cybersecurity, and complex professional work improvements.
Sen. Hawley: OpenAI CEO Sam Altman declined to testify at rogue AI hearing
A Senate subcommittee on Wednesday is examining rogue AI, after a series of AI cyberattacks and increasing warnings about the risks of the technology.
Trump administration starts sending $500 Obamacare refund checks — who stands to benefit
The refunds come after millions of people lost premium subsidies for their health insurance and right before the midterm elections.
Treasury launches student loan support center as new data show 9.3 million borrowers in default
The Trump administration announced on Wednesday that it was launching a "Default Loans Support Center" for student loan borrowers who've fallen behind.
Kalshi, Polymarket trading volumes on some products raise questions amid massive growth
Unusual trading patterns on Kalshi and Polymarket are drawing scrutiny as experts debate whether reported volumes reflect organic market activity.
Singapore's Temasek to expand Middle East presence, open Abu Dhabi, Riyadh offices
Singapore state investor Temasek plans to open offices in Riyadh and Abu Dhabi by the first half of 2027, its most significant Mideast expansion to date.
Beijing warns of retaliation if Europe imposes curbs on Chinese businesses
China must "respond firmly" if the EU introduces restrictions on Chinese businesses or products, the Commerce Ministry said, according to a CNBC translation.
Trump tries to rename AI 'super intelligence' as polls show him sinking on key issue
Trump shrugged when asked if he is concerned that his support for AI and data centers could hurt Republicans in the upcoming midterm election.
Goldman Sachs CEO succession planning faces one big problem
The Goldman Sachs board has reportedly discussed replacing CEO David Solomon, 64, with president John Waldron, 57, as early as next year.