Finance
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Bill Ackman’s $5 billion Pershing Square IPO to begin trading, tests Berkshire-style outlook
Bill Ackman, CEO of Pershing Square Capital, speaking to CNBC at the New York Stock Exchange on April 29, 2026.…
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OpenAI from Microsoft to Amazon turns aggressive after subtlety
Avishek Das | Lightrocket | Getty Images OpenAI chief revenue officer Denise Dresser said the AI company’s deal on Tuesday…
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Does Meta’s AI spending work? The stock’s next move depends on the response
Shares of Meta Platform are recovering from damage earlier this year, when investors shied away from the telecommunications company’s big…
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Pentagon AI chief confirms working with Google after Anthropic blacklist
Vcg | Visual China Group | Getty Images Pentagon AI chief Cameron Stanley confirmed to CNBC that the Defense Department…
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UBS profits up 80% to $3 billion in first quarter
UBS generated net profit attributable to shareholders of $3 billion in the first quarter, up 80% year-over-year and beating the…
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UAE OPEC exit is not possible. Who could be next?
Jonathan Rao Nurphoto Getty Images The shock decision of the United Arab Emirates to leave OPEC reverberates throughout the world’s…
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US warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil
This photo taken on March 26, 2026 shows an oil tanker unloading crude oil at the port of Yantai, eastern…
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Trump’s ballroom won’t host a White House correspondents’ dinner, critics say
A member of the media raises a hand to ask a question as US President Donald Trump speaks while announcing…
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Congressional dysfunction TSA, Secret Service pay
House Rules Committee Chairwoman Virginia Foxx (R-NC) delivers remarks along with House Speaker Jim McGovern (D-MA) during a House Rules…
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Starbucks (SBUX) Q2 2026 earnings
Starbucks on Tuesday raised its full-year outlook for comparable-store sales growth after reporting its second straight quarter of traffic growth.…
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