Articles

'Biggest bottleneck in the AI buildup' fuels DRAM ETF to record

The Roundhill Memory ETF (DRAM) just reached $10 billion in assets at the fastest pace ever for an exchange-traded…

NFL wants certain trading contracts banned from prediction markets like 'first play of game,' injuries

The letter, which was reviewed by CNBC, calls for banning certain contracts and raising the age requirements for…

Bristol Myers Squibb turns to China to develop new drugs in newest cross-continent collaboration

U.S. drugmaker Bristol Myers Squibb inked a partnership with a Chinese company that some say could mark the next wave of…

Exxon's once-hefty dividend is now tiny. Here's how to fix that

Warren Buffett, Stephen Curry lunch auction fetches $9 million for charity

Buffett, Curry and his wife Ayesha Curry will join the winner and their guests on June 24 in Omaha, Nebraska, where…

How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher

China and the U.S., the world's two largest economies, wield great influence over the oil market and are using it to…

Starbucks to lay off 300 U.S. employees, shutter some regional support offices

Starbucks said the moves will help the coffee chain return to profitable growth.

Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms

Reasons for the job declines vary by automaker, but are generally tied to evolving technological changes in the industry…