ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s “Fast Money” team discusses Nvidia ahead of its second-quarter earnings report and what the options market is indicating with Mike Khouw, chief strategist at OpenInterest.PRO, a financial data analysis and investment strategy consulting firm. Source link
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Workers in the U.S., especially those seeking entry-level jobs, are increasingly concerned that new jobs could dry up as more employers embrace artificial intelligence.But if you ask OpenAI CEO Sam Altman, the possibilities created by AI make this “probably the most exciting time to be starting out one’s career, maybe ever,” he told the “People by WTF” podcast, in an episode that published on August 14.AI could create new industries and types of roles, and help enhance workers’ ability to learn and implement new skills, said Altman, 40. He pointed to industries like tech, science and media as areas where…
CNBC’s “Fast Money” traders share their final trades of the day. Source link
Customer with shopping cart in the snack aisle of a Walmart store in Florida City, Florida, Aug. 5, 2025.JC Milhet | AFP | Getty ImagesAs some of the biggest names in retail, including Walmart and Home Depot, delivered earnings results in recent weeks, they updated Wall Street on how they and their shoppers are responding to President Donald Trump’s wave of tariff increases.The takeaway?Tariff costs are rising for retailers, and they’ve had to get creative to avoid widespread price hikes.Yet consumer spending has largely stayed strong so far — and the pinch from higher duties hasn’t been as severe as…
CNBC’s Julia Boorstin reports on ESPN’s potential deal with the MLB. Source link
A student studies in the Perry-Castaneda Library at the University of Texas at Austin on February 22, 2024 in Austin, Texas. Brandon Bell | Getty ImagesWhen the Trump administration first announced in April that it would soon resume student loan collection efforts, it said notices for wage garnishment would resume “later this summer.” It’s still a time frame the Education Department has cited in comments, as recently as earlier this month.But with Labor Day coming up, it has yet to reveal a specific date.The department did not respond to a request for comment on the timeline of wage garnishments.”Getting these programs…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s “Fast Money” team is joined by Carter Worth, CEO and founder of Worth Charting, to break down the action in Lyft’s stock and whether investors should buy in. Source link
August, one of the worst trading months for stocks, could end on a high note next week, now that investors have greater confidence a September rate cut is on the table. In fact, if Nvidia ‘s earnings results and the Federal Reserve ‘s preferred inflation gauge next week confirm the latest rally, that could be supportive of a broad-based advance going forward. Just about everything rallied on Friday, after Fed Chair Jerome Powell delivered what was likely his final speech at Jackson Hole, Wyo., one that gave investors exactly what they wanted after suggesting the central bank was ready to…
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty ImagesAlphabet shares rose on a Friday report that Apple is in early discussions to use Google’s Gemini AI models for an updated version of the iPhone maker’s Siri assistant.The company’s shares rose more than 3% on the Bloomberg report, which said Apple recently inquired of Google about the potential for the search giant to build a custom artificial intelligence model that would power a new Siri that could launch next year. Google’s…
A shopper looks at chairs for sale at an At Home store in Queens, New York City, U.S., July 15, 2025. Kylie Cooper | ReutersThe Trump administration has launched an investigation into imported furniture, President Donald Trump said Friday, setting the stage for new tariffs on a wide range of products.”Within the next 50 days, that Investigation will be completed, and Furniture coming from other Countries into the United States will be Tariffed at a Rate yet to be determined,” Trump wrote on his Truth Social platform. “This will bring the Furniture Business back to North Carolina, South Carolina, Michigan,…
