Business and Finance

GameStop shares move higher after Michael Burry says he’s been buying the stock

Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange on June 12, 2024. Brendan McDermid | Reuters Michael Burry, the investor made famous by his bet against the U.S. housing market ahead of the financial crisis, disclosed that he has been buying shares of one-time meme […]

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American AI coding agents are impressive. But so are China’s

Information on Zhipu’s AI service on the web, dubbed Z.ai, arranged on a computer in Shanghai, Jan. 7, 2026. Raul Ariano | Bloomberg | Getty Images There’s a new Chinese model gaining buzz among developers: Zhipu AI’s GLM 4.7. That in itself is not new, but what did catch our attention was where it’s becoming

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Tom Homan to manage ICE in Minnesota after Alex Pretti killing

White House Border Czar Tom Homan speaks on FOX News on the North Lawn of the White House on February 6, 2025 in Washington, DC.  Andrew Harnik | Getty Images Trump administration border czar Tom Homan will head to Minnesota to manage U.S. Immigration and Customs Enforcement’s on-the-ground operations there in the wake of Alex

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DOT Sec. Sean Duffy says air travel will return to normal by Wednesday

Transportation Secretary Sean Duffy said the Federal Aviation Administration still needs two more days to fully recover from the significant flight disruptions that came over the weekend due to the massive winter storm that swept across the country. In a Monday interview with CNBC’s “Squawk Box,” Duffy said the FAA is targeting Wednesday as the

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CoreWeave stock jumps 8% as Nvidia invests $2 billion to expand AI data center capacity

Michael Intrator, CEO of Coreweave, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. Oscar Molina | CNBC Shares of CoreWeave popped 8% in premarket trading on Monday after Nvidia announced it has invested $2 billion in the artificial intelligence infrastructure provider. Nvidia purchased CoreWeave Class A

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USA Rare Earth shares jump 20% as Commerce Department takes equity stake

Thomas Fuller | Lightrocket | Getty Images USA Rare Earth shares rallied on Monday after the critical minerals startup announced that the Department of Commerce will take an equity stake. Commerce has issued a letter of intent that would provide USA Rare Earth with a $1.3 billion loan and $277 million in federal funding. USA

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Elon Musk’s X probed by EU over sexually explicit images on Grok

The European Commission on Monday said it opened an investigation into Elon Musk’s X over the spreading of sexually explicit material by the AI chatbot Grok. The probe is being conducted under the European Union’s sweeping Digital Services Act (DSA) regulation. “The new investigation will assess whether the company properly assessed and mitigated risks associated

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Northeast gets last brunt of winter storm that brought ice, snow, cold to much of the U.S.

The U.S. work week opened with yet more snow dumping on the Northeast under the tail end of a colossal winter storm that brought ice and power outages, impassable roads, canceled flights and frigid cold to much of the southern and eastern United States. Deep snow — over a foot (30 centimeters) extending in a

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Nvidia VC arms backs in AI startup Synthesia at $4 billion valuation

Nvidia and Alphabet’s VC arms have backed British AI startup Synthesia in a $200 million funding round, amid a surge of private investment in promising young tech companies seeking to capitalize on the AI boom. The round sees Synthesia hit a $4 billion valuation and was led by Alphabet’s GV, with participation from Evantic, Hedosophia,

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