(Bloomberg) -- The Trump administration is considering an executive order to create a working group on artificial intelligence, according to the New York Times, a bid to boost oversight of the emerging technology.Most Read from BloombergChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US S...
(Bloomberg) -- The Trump administration is considering an executive order to create a working group on artificial intelligence, according to the New York Times, a bid to boost oversight of the emerging technology.Most Read from BloombergChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US Sanctions on RefinersUS Denies Iran Report That Naval Ship Was Hit by MissilesSupertanker Appears to
watch now VIDEO 6:19 06:19 GameStop CEO Ryan Cohen $56B eBay offer: 'An opportunity to build a much larger business' Squawk Box Prediction markets traders aren't confident in GameStop's ability to take over eBay, according to contracts launched on Monday. Traders on Kalshi give GameStop just a 26% chance to pull off the acquisition in 2026, though total trading volume on the new contract was low a...
watch now VIDEO 6:19 06:19 GameStop CEO Ryan Cohen $56B eBay offer: 'An opportunity to build a much larger business' Squawk Box Prediction markets traders aren't confident in GameStop's ability to take over eBay, according to contracts launched on Monday. Traders on Kalshi give GameStop just a 26% chance to pull off the acquisition in 2026, though total trading volume on the new contract was low at just over $2,000. GameStop announced on Sunday that it was making a play to acquire the online marketplace in a cash-and-stock deal that valued the company at $55.5 billion. That valuation raised questions about how GameStop could finance its proposal. The video game retailer has a market cap of just under $11.9 billion. In an appearance on CNBC's " Squawk Box ," GameStop CEO Ryan Cohen didn't disclose exactly how he planned on financing the deal, instead reiterating the makeup of the transaction. "We are offering half cash, half stock, and we have the ability to issue stock in order to get the deal done. But the full details of the offer are on our website," Cohen said. "We will see what happens." Shares of GameStop fell nearly 8% on Monday in reaction to the proposal, while eBay jumped more than 5.5%. On Polymarket, traders were even less optimistic. Traders on that platform gave GameStop just a 15% chance at completing the takeover. — CNBC's Yun Li contributed reporting Disclosure: CNBC and Kalshi have a commercial relationship that includes a CNBC minority investment. Markets shift and headlines fade, but the core principles of building long-term wealth remain constant. Join us for our third CNBC Pro LIVE, where investors of all backgrounds - from financial professionals to everyday individuals - come together to cut through the noise and gain actionable strategies for smarter, more disciplined investing. No matter where you're starting from, you'll leave with clearer thinking, stronger strategies. Enter your email here to get a discount code Choose CNBC as your prefe...
Zyphra today announced Zyphra Cloud, a full-stack AI platform that brings advanced innovations from Zyphra Research into production for developers, enterprises, and frontier AI hyperscalers. Powered by AMD Instinct™ MI355X GPUs on TensorWave's purpose-built infrastructure, Zyphra Cloud unifies model serving, agent infrastructure, and scalable compute into a single platform for building and deployi...
Zyphra today announced Zyphra Cloud, a full-stack AI platform that brings advanced innovations from Zyphra Research into production for developers, enterprises, and frontier AI hyperscalers. Powered by AMD Instinct™ MI355X GPUs on TensorWave's purpose-built infrastructure, Zyphra Cloud unifies model serving, agent infrastructure, and scalable compute into a single platform for building and deploying advanced AI systems.
The "Magnificent Seven" stocks have been rising in value in recent weeks, as excitement has returned to tech and artificial intelligence (AI) stocks in particular. The Roundhill Magnificent Seven ETF (NYSEMKT: MAGS) is up over 15% in just the past month. Today, the combined value of the Magnificent Seven stocks is nearly $23 trillion, with Nvidia and its $4.8 trillion valuation leading the way. Th...
The "Magnificent Seven" stocks have been rising in value in recent weeks, as excitement has returned to tech and artificial intelligence (AI) stocks in particular. The Roundhill Magnificent Seven ETF (NYSEMKT: MAGS) is up over 15% in just the past month. Today, the combined value of the Magnificent Seven stocks is nearly $23 trillion, with Nvidia and its $4.8 trillion valuation leading the way. That's more than one-third of the S&P 500 's total market cap. While it may be tempting to jump on the bandwagon and profit from potential gains due to AI, there's also the risk of another steep correction in tech being around the corner. Is it still a good idea to invest in tech stocks , or should you consider diversifying to minimize your overall exposure? Image source: Getty Images. Continue reading
Meta Platforms (NASDAQ: META) is a social media giant and one of the most valuable companies in the world, with a market cap of around $1.5 trillion. When it reports earnings, as it did recently, expectations are high. Not only does the company need to show growth, but investors need to be convinced that it's on a strong path forward. While one half of that equation looks to be solid, with its fin...
Meta Platforms (NASDAQ: META) is a social media giant and one of the most valuable companies in the world, with a market cap of around $1.5 trillion. When it reports earnings, as it did recently, expectations are high. Not only does the company need to show growth, but investors need to be convinced that it's on a strong path forward. While one half of that equation looks to be solid, with its financials looking strong and Meta's growth rate being fairly high, investors may be more concerned about how it will do in the long run, as it invests heavily in not only the metaverse but also artificial intelligence (AI). Image source: Getty Images. Continue reading
primeimages Goldman Sachs strategist Tony Pasquariello said Monday the primary trend in U.S. equities ( SPY ) ( DIA ) ( QQQ ) remains higher, even as tactical risks have increased following a historic rally in technology ( XLK ) ( SMH ) ( AIQ ) stocks. In a note to clients, Pasquariello highlighted five consecutive up weeks that erased losses from five prior down weeks, driven by resilient economi...
primeimages Goldman Sachs strategist Tony Pasquariello said Monday the primary trend in U.S. equities ( SPY ) ( DIA ) ( QQQ ) remains higher, even as tactical risks have increased following a historic rally in technology ( XLK ) ( SMH ) ( AIQ ) stocks. In a note to clients, Pasquariello highlighted five consecutive up weeks that erased losses from five prior down weeks, driven by resilient economic data, strong corporate earnings and improved market sentiment following a ceasefire announcement. “Don’t lose sight of the big picture: it’s a bull market and the primary trend is higher,” Pasquariello said. The strategist pointed to initial jobless claims hitting their lowest level since 1969 and first-quarter earnings growth that more than doubled expectations. What's more, 61% of S&P 500 ( SPY ) companies beat estimates by more than one standard deviation, while only 5% missed by that margin—the best performance outside the 2021 reopening in 25 years. Goldman’s baseline forecast calls for 2.1% gross domestic product growth and 12% earnings growth, with the S&P 500 ( SPY ) reaching 7.6K versus the current ~7.2K. However, Pasquariello cautioned that risk-reward has become less attractive after the Nasdaq 100 posted its largest monthly gain in over 23 years at 15.6%. He noted that systematic investors have largely finished buying and that inflation could constrain the Federal Reserve from additional rate cuts. “My preferred construct is long delta, long vol,” he said, recommending investors own high-conviction names while building hedges when options are cheap. The strategist also flagged energy ( USO ) ( BNO ) ( UNG ) prices as “a clear-and-present danger” to the bullish outlook. More on the Markets The Blow Up Of US Market Indexes Dow Jones, Nasdaq And S&P 500 Intraday Outlook - Stock Markets Stumble From Renewed Iran Tensions 3 Events That Could Upend This Market Earnings beats are getting the cold shoulder this season, Goldman Sachs warns Goldman Sachs says sentiment ...
peshkov/iStock via Getty Images Global oil inventories are nearing multi-year lows, raising concerns about how quickly supply cushions are eroding as disruptions in the Strait of Hormuz persist, Goldman Sachs said Monday. The bank estimates total stockpiles at roughly 101 days of global demand, with a potential drop to about 98 days by the end of May. While that level remains above critical thresh...
peshkov/iStock via Getty Images Global oil inventories are nearing multi-year lows, raising concerns about how quickly supply cushions are eroding as disruptions in the Strait of Hormuz persist, Goldman Sachs said Monday. The bank estimates total stockpiles at roughly 101 days of global demand, with a potential drop to about 98 days by the end of May. While that level remains above critical thresholds, analysts flagged the pace of decline and localized supply shortfalls as increasingly worrisome. The warning came as oil prices surged about 6% after Iran attacked vessels in the Hormuz corridor and struck a UAE oil facility, escalating tensions just weeks after a ceasefire. The U.S. effort to reopen shipping lanes has added to the volatility. Goldman also noted that inventories of refined products have tightened sharply, falling from around 50 days of demand before the conflict to about 45 days now. Readily available запас buffers, the bank suggested, are being depleted quickly, leaving markets more exposed to further shocks. More on Crude Oil Futures, Brent Futures, etc. Why Isn't Oil Above $200 Yet? Macro Insights: Sell In May At All-Time High? Commodities: Oil Steadier As Market Digests Trump's Hormuz Plan Oil surges as Iran escalates gulf attacks, tests control of Hormuz Trump floats South Korea joining Hormuz shipping mission
Image source: The Motley Fool. Thursday, Aug. 7, 2025 at 8:30 a.m. ET Alamo Group (NYSE:ALG) reported record revenue and operating income in its Industrial Equipment division, with substantial order growth and backlog supporting visibility into the next fiscal year. Management confirmed successful cost-reduction initiatives and increased cash flow, resulting in near-elimination of net debt and str...
Image source: The Motley Fool. Thursday, Aug. 7, 2025 at 8:30 a.m. ET Alamo Group (NYSE:ALG) reported record revenue and operating income in its Industrial Equipment division, with substantial order growth and backlog supporting visibility into the next fiscal year. Management confirmed successful cost-reduction initiatives and increased cash flow, resulting in near-elimination of net debt and strengthened financial flexibility. The acquisition of Ring-O-Matic broadens the company's product portfolio and is expected to drive incremental growth in the rental channel and core equipment offerings. Sequential improvement in Vegetation Management sales and orders signals continued recovery, though management noted persistent margin headwinds and product-mix pressures in forestry. With capacity sufficient for near-term growth, management emphasized priority on M&A and targeted organic R&D linked to emission standards and electrification readiness. Continue reading
阿联酋与美国正就建立货币互换协议进行谈判。阿联酋外贸部长Thani Al Zeyoudi周一在阿布扎比表示，相关讨论正在进行中，并强调此举旨在加入拥有美联储流动性额度的“精英俱乐部”，而非寻求紧急纾困。 目前全球仅有五家央行与美联储拥有常设美元流动性互换安排，分别为加拿大、英国、日本、瑞士和欧洲央行。阿联酋希望通过加入该体系，深化与美国的经贸联系。此前阿布扎比已承诺未来十年向美国投资1.4万亿美元...
阿联酋与美国正就建立货币互换协议进行谈判。阿联酋外贸部长Thani Al Zeyoudi周一在阿布扎比表示，相关讨论正在进行中，并强调此举旨在加入拥有美联储流动性额度的“精英俱乐部”，而非寻求紧急纾困。 目前全球仅有五家央行与美联储拥有常设美元流动性互换安排，分别为加拿大、英国、日本、瑞士和欧洲央行。阿联酋希望通过加入该体系，深化与美国的经贸联系。此前阿布扎比已承诺未来十年向美国投资1.4万亿美元，涵盖能源和人工智能领域。 然而，针对阿联酋的这一请求，一些经济学家发出了警告。哈佛大学经济学家、前国际货币基金组织首席经济学家Kenneth Rogoff此前曾指出，美联储在危机时期的这一关键工具可能被“武器化”。他表示，不排除特朗普政府利用此类金融工具作为地缘政治施压手段的可能性，例如在与某国发生关税争端时动用互换安排作为筹码。 同时，美国国内也面临政治阻力。参议员Chris Van Hollen等人指出，在伊朗战争导致美国纳税人承担巨大成本、能源价格高企的背景下，为阿联酋这一全球最富有的国家之一提供流动性支持，势必将引发激烈的政治争论。 责任编辑：张俊 SF065
US operation announced as ‘Project Freedom’ dramatically raises stakes in conflict Middle East crisis – live updates The US has launched Donald Trump’s operation to open a route through the strait of Hormuz for hundreds of ships trapped with their crews in the Gulf, in a move that brought the region back to the brink of full-scale war as Iran sought to reassert its blockade. The US operation, whic...
US operation announced as ‘Project Freedom’ dramatically raises stakes in conflict Middle East crisis – live updates The US has launched Donald Trump’s operation to open a route through the strait of Hormuz for hundreds of ships trapped with their crews in the Gulf, in a move that brought the region back to the brink of full-scale war as Iran sought to reassert its blockade. The US operation, which got under way on Monday after being announced as “Project Freedom” by Trump on Sunday night on his social media site, dramatically raised the stakes in a conflict that had been in a month-long period of uneasy limbo. Continue reading...