Author: Editor-In-Chief
Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. Here’s what CNBC TV producers were watching as the S&P 500 broke new records, and what they’re watching for next session. Apple stock has been on a winning streak for nine weeks. CNBC’s Carl Quintanilla highlighted that on “Squawk on the Street” Thursday morning. Stock prices have continued to trend at a positive pace this week. The stock price has risen more than 15% in the…
President Donald Trump announced plans to pull leaders from the John F. Kennedy Center for the Performing Arts after a federal judge ruled that his name can no longer be listed on the center.On Friday, President Trump accused Judge Christopher Cooper of being reckless in a 580-word post. He also depicted the Performing Arts Center as a dilapidated structure that only he could repair.Recommended stories list of 3 itemsend of list”Unfortunately, Judge Cooper and the radical left would rather see this system disappear than have President Trump transform it into something we can all be proud of,” Trump wrote, speaking…
In 2026, researchers discovered that AI coding tools cannot be pried out of developers’ vises. But other researchers warn that while AI is definitely helping programmers write faster code, it may not be making them write better code. And that can cause problems for them in the future. Specifically, in February 2026, the acclaimed AI research institute METR announced a surprising revelation. “Most developers can no longer work without AI, even for a limited number of tasks.” METR wanted to provide an update in 2025 on some of the groundbreaking research published months ago on AI coding productivity. In it,…
President Donald Trump answers questions from reporters during a Cabinet meeting in the Cabinet Room at the White House on May 27, 2026 in Washington, DC. Win McNamee | Getty ImagesHello, my name is Dylan Butts from Singapore. Welcome to today’s Daily Open Newsletter.After weeks of standstill in the U.S.-Iranian conflict, the two countries are once again exchanging airstrikes, complicating hopes for a durable solution to the war that is hurting global oil supplies. But Wall Street was undeterred. Yesterday, the S&P 500 and Nasdaq Composite both closed at record highs, buoyed by a steady surge in artificial intelligence names…
Louisiana lawmakers have passed new district maps designed to give Republicans more seats in the U.S. House of Representatives.But to do so, the map would eliminate one of the state’s two majority-black districts, both represented by Democrats.Recommended stories list of 3 itemsend of listIt was approved by the Louisiana Legislature on Friday. This follows the U.S. Supreme Court’s ruling in April that Louisiana’s current map was an illegal racial gerrymander because it was drawn to include two majority-black districts.The decision in Louisiana v. Calais weakened the landmark 1965 federal Voting Rights Act, which was designed to prevent discrimination against minorities…
Samsung Electronics stock rose as much as 6.51% after the company announced that it has started shipping samples of its latest high-bandwidth memory chips to customers around the world. Samsung’s 12-layer HBM4E chip is an industry first, the company says, and can reach speeds of up to 16 Gbit/s with “improved energy efficiency and thermal performance.” High-bandwidth memory chips (Samsung, SK Hynix, and micron Used in advanced artificial intelligence systems. These help processors quickly process large amounts of data required for AI accelerators such as: NvidiaRubin and Google’■ Ironwood Tensor processing unit.Samsung’s 12-layer HBM4E has vertically stacked dynamic random access…
Artificial intelligence has turned out to be much more expensive than anyone expected, and CFOs at major US companies now face a cruel new trade-off: token vs. human.That was the picture the two enterprise AI CEOs at the center of the build described to CNBC this week. Their account of what goes on inside Fortune 500 companies paints a vivid picture of the threat rising costs pose to the AI industry. This is a risk that the market has yet to recognize as it hits record highs and creates new trillion dollar companies like: micron. Arvind Jain, CEO of enterprise…
According to Box founder Aaron Levy, the people who decide that AI will replace your job are also the ones who least understand what your job actually means, pointing to this as an example of “AI psychosis.” In fact, ClickUp recently cut 22% of its AI agent headcount, and tech layoffs in 2026 are already roughly in line with all of 2025, and DuckDuckGo is seeing more installs from users who want Google to stop forcing AI into searches and just provide links. In this episode of TechCrunch’s Equity podcast, Kirsten Kolosek, Anthony Ha, and Sean O’Kane dig into what…
Lombard Odier’s research shows that wealthy Asians want to preserve their wealth across generations, but many still lack basic succession planning.Asia Vision | E+ | Getty ImagesWealthy families in Asia want to preserve their wealth across generations, but many still lack basic succession planning, according to new research from Lombard Odier.In a survey of more than 390 high-net-worth individuals in Asia Pacific with net investable assets of $1 million or more, 64.2% of respondents said preserving family wealth across generations is their top priority when considering wealth transfers.However, only 26.9% said their family had a complete succession plan in place,…
Snowflake CEO Sridhar Ramaswamy will help ring the closing bell at the New York Stock Exchange on September 30, 2025. new york stock exchange”SaaSpocalypse” may not be over yet. But for now, at least, concerns about the software’s demise have subsided. Software stocks soared this week on strong earnings results. snowflake and OctaThis suggests that some companies are weathering the disruption of artificial intelligence better than Wall Street expected. of iShares expands technology software exchange-traded fund It rose 8% this week and ended May with a 21% gain, the ETF’s best monthly performance since October 2001. While it was a…