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Chart analysts expect that selling may resume after a short-term pullback. Stocks soared on Monday after President Donald Trump said he had “productive” talks with Iran and announced a temporary halt to attacks on Iranian power plants and infrastructure. The S&P 500 was last up 1.2%, but the strongest reaction came pre-market, with futures tracking the index up 4.1%. However, technical analysts expect this rally to be short-lived. The S&P 500 was already oversold after a fourth straight week of selling — meaning Monday’s rally was almost expected even without the latest news on the war — but a troubling…
OpenAI CEO Sam Altman speaks at the BlackRock Infrastructure Summit in Washington on March 11, 2026.Anna Moneymaker | Getty ImagesOpenAI outlined its close relationship with the company in a document similar to an IPO prospectus. microsoft This could be a potential risk to the company’s business, telling investors that the software company is responsible for “a significant portion of our financing and calculations.”OpenAI included sections titled “Risks Related to the Transaction” and “Risks Related to Our Business” in its financial documents seen by CNBC, which the company shared with prospective investors in connection with its recent record funding round. Last…
After a bad fight with Carolyn, John checks into a hotel.When Carolyn is clearing the table after a dinner party that John has organized for “her friends,” the couple gets into a big fight when Carolyn objects to that description, insisting that they are “our friends.” The arguments include that John was lucky he didn’t introduce Carolyn to his mother, that “my mother would never have encouraged that,” and that Carolyn only spoke to her mother “to keep the peace.” Because, she added, “I find it painful to see how unhappy you make me.” It’s an all-out destructive exchange, with…
We are monitoring the group closely, as travel and leisure stocks are sensitive to geopolitical tensions and rising oil prices. Major cruise line stocks are in major support and it’s worth keeping an eye on the breakdown in the coming weeks. We track the broader theme of travel and leisure through our ETF distributor, PEJ, the Invesco Leisure Entertainment ETF. PEJ is showing signs of long-term upside depletion using the Demark indicator, suggesting the correction could last for much of this year. The last signal of this kind was in 2018, marking the top of the business cycle. This signal…
OpenAI CEO Sam Altman is stepping down as chairman of the board of Helion, the fusion startup he backs, amid reported negotiations between the two companies. The deal, reported by Axios, is in its early stages and could see OpenAI guaranteeing 12.5% of Helion’s production: 5 gigawatts by 2030 and 50 gigawatts by 2035. OpenAI partner Microsoft signed a similar agreement with Helion in 2023 to purchase power starting in 2028. If the numbers in the Axios report prove accurate, they suggest Helion expects to quickly scale up production of its fusion power plants. The company says each reactor will…
Investors looking to profit from this volatile market should be selective about their spots in the artificial intelligence space, while also adding exposure to names that are less likely to be disrupted by new technology, according to investor Dan Niles. “We want to have a mix of stocks that have a lot of assets (and) be well diversified,” the founder of Niles Investment Management told CNBC’s “Squawk on the Street” Monday in an interview. “I think AI trading is still a good space with OpenClaw coming out and token demand is reaching a new inflection point,” he added. “That’s why…
There has been a lot of discussion about building context for AI systems. In consumer software, we’ve seen startups built around search, documents, and conferencing. They all want to capture context from your digital life, provide connectivity to other tools, and allow you to query all your data. Some tools have gone even further. For example, Rewind (which became Limitless and was sold to Meta) and Microsoft Recall aim to capture everything that’s happening on your screen and help you remember it all. A new startup called Littlebird is trying to do something similar with a slightly different approach. While…
Things have always lined up against Microsoft, with all avenues leading back to the company’s taint as a leader in artificial intelligence and how that could impact the growth of its Azure cloud. We’ve known for some time that Microsoft’s AI assistant Copilot is a disappointment. While Alphabet’s Gemini, OpenAI’s ChatGPT, and Anthropic’s Claude are praised, Microsoft is roundly criticized. Last week, the cloud and software giant waved its flag and announced it was merging the teams working on the commercial and consumer versions of its flagship product. Melius Research analyst Ben Reitzes said in a Monday note summarizing Microsoft’s…
sarah paulson sending love to friends Amanda Peet In the midst of a difficult life chapter. rear The Nine Hole Yard The actress detailed her breast cancer diagnosis in a candid essay new yorker, american horror story The actress spoke of the awe she feels for her longtime friend. “My best friend, Amanda Peet. The weirdest thing in the world is saying her full name out loud. I call her Bird, but that’s the name her parents gave her,” Sarah wrote in a March 22 Instagram post. “She has written some of the most profound and gorgeous essays about losing…
Every weekday, Jim Cramer’s CNBC Investment Club releases the Homestretch, a practical afternoon update to coincide with the last hour of trading on Wall Street. Stocks rose on Monday after President Donald Trump announced he would postpone all military attacks on Iranian power plants and energy infrastructure for five days. He said the suspension of military activities was based on “very good and productive conversations” with Iran. Axios later reported that U.S. special envoys Steve Witkoff and Jared Kushner met with the speaker of Iran’s parliament, according to Israeli officials. However, the chairman later denied the negotiations through a post…