Author: admin
Traders work on the floor of the New York Stock Exchange on April 29, 2026 in New York.Michael Nagle | Bloomberg | Getty Imagesof Dow Jones Industrial Average Oil prices continued to rise amid the US blockade of Iranian ports and ended lower on Wednesday after the Federal Reserve left key interest rates unchanged. Traders were also awaiting quarterly results from four of the Magnificent Seven.The 30-stock index fell 280.12 points (0.57%) to close at 48,861.81, marking the fifth consecutive day of decline. of S&P500 It fell 0.04% to close at 7,135.95. Nasdaq Composite It rose 0.04% to 24,673.24.Oil prices…
Investor interest in Anthropic is at its peak. The maker of the AI assistant Claude has received multiple preemptive offers to raise about $50 billion in new capital at valuations ranging from $850 billion to $900 billion, according to six sources familiar with the matter. Bloomberg and Business Insider reported earlier this month that Anthropic had received multiple preferred bids at a valuation of $800 billion, but at the time the company had not yet committed to raising capital. But sources say Anthropic is finding it difficult to resist pressure to secure more funding for the project, which could be…
As the White House lays the groundwork for extending the Iranian port blockade, Asian nations will brace for further fallout. Oil prices are rising again after US President Donald Trump said he would maintain a naval blockade of Iranian ports and ships unless Iran agrees to curb its nuclear program. Asian countries heavily dependent on energy exports through the Strait of Hormuz are bearing the brunt of the economic pain from the nine-week war. Everything from oil and natural gas to plastics and fertilizers is in short supply. Brent crude oil is currently trading at $120 a barrel. Oil prices…
Gilgo Beach Murder: Rex Heuerman’s ex-wife Asa Ererup reveals why she’s sleeping in his murder roomContent Warning: This story contains details of a murder. Asa Elerup is still dealing with the revelation that she was married to a serial killer for nearly 30 years. Weeks before her ex-husband, Rex Heuerman, confessed in court on April 8 to brutally murdering eight women, the man known as the Gilgo Beach killer met privately with Ellerup and admitted his crimes. Ellerup revealed in Peacock’s documentary “Gilgo Beach Killer: Secret House” that she is still trying to understand the dual nature of the “family…
Stock chart iconStock chart iconBeam Therapeutics’ stock price performance year-to-date. beam therapeutics: “I don’t want to buy stocks that are heavily shorted, because those stocks are heavily shorted because there is essentially no return on them. If I think I have something that can save a lot of lives, I’ll buy this. That’s it. If not, I’ll move on.”Stock chart iconStock chart iconOndus stock price performance year-to-date. Ondus: “Like any other company that develops intelligent and autonomous systems, it’s a company that is losing a lot of money. I would rather find something new and different and different. And I…
Amazon on Wednesday was one of several tech giants to beat Wall Street’s first-quarter profit estimates, offering further financial evidence that the AI boom continues to reward the companies that supply the picks and shovels. Amazon’s cloud business is the latest example. Amazon Web Services saw net sales rise 28% year over year to $37.6 billion, boosted by its role in driving the AI boom, the company announced Wednesday. Amazon President and CEO Andy Jassy said on an earnings call that this was the fastest growth rate for AWS in 15 quarters. Jassy attributes AWS’s success to its role in…
Meta CEO Mark Zuckerberg during the MetaConnect event on September 17, 2025 in Menlo Park, California.David Paul Morris | Bloomberg | Getty Imagesas meta While funding for artificial intelligence is increasing, the company’s Metaverse efforts continue to drain money. Meta revealed in its first-quarter earnings report Wednesday that its Reality Labs division posted an operating loss of $4.03 billion on revenue of $402 million. Wall Street had expected a loss of $4.82 billion on revenue of $488.8 million in the first quarter.Meta’s Reality Labs division, which develops virtual reality and augmented reality technology and wearable devices, has posted cumulative operating…
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. As the S&P 500 retreats from all-time highs, here’s what CNBC TV producers were watching and what they’re eyeing for the next trade. “Squawk Box” Big Data Both durable goods and housing starts start at 8:30 a.m. ET. Becky Quick, Andrew Ross Sorkin, and Joe Kernen will be watching, and the market’s reaction will be fully reflected. Economists polled by Dow Jones expect durable goods growth…
Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on December 3, 2025.Noah Berger | AWS | ReutersAmazon Web Services posted 28% revenue growth in the first quarter, beating analysts’ expectations as the cloud infrastructure leader increased its investment in Anthropic and prepared to work more closely with OpenAI.Amazon said in its Wednesday earnings call that AWS revenue for the period rose to $37.59 billion from $29.27 billion in the year-ago period. Analyst estimates compiled by Street Account were for $36.64 billion. The division accounted for nearly 21% of the parent company’s total revenue.AWS…
“One of the things she values is the power of humor,” Sheinelle explained. “I took that to heart. So if I’m on the show and I’m having a good time, it’s because I’m giving myself permission to be present in the moment and have a great time. If I’m having a tough day, I give myself permission to have a tough day.” Admittedly, it took some time for her to understand the importance of what she was doing. “People kept saying, ‘You’re so strong, you’re so strong,'” she recalled. “So, I’m just trying to survive, you know? At first I…