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Households face $3 trillion in lost stock wealth this quarter
BofA estimates a third of last year’s equity wealth buildup could be gone. (0:15) PMI figures indicate GDP below 2% in Q1. (0:44) Boeing snags an upg…
1 year, 4 months ago
23andMe bankrupt, CEO out
23andMe (ME) files for bankruptcy, CEO and co-founder Wojcicki resigns. (00:21) James Hardie Industries (JHX) to acquire AZEK for $8.75B in cash, sto…
1 year, 4 months ago
Tests for transitory inflation and AI IPOs
The Fed's favorite inflation measure is seen ticking up. (0:17) CoreWeave IPO will gauge AI trade demand. (1:55) GameStop earnings on tap. (2:48)
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1 year, 4 months ago
Summer cuts coming? Sticky inflation will keep gold in spotlight
No cut baked in for May; summer rate cuts coming? (0:20) Financials see gains (1:45). Gold hits $3000 (2:50). Intel and Adobe, a tale of two stocks (…
1 year, 4 months ago
Gold extends record run
Gold futures add to record in eight-day win streak; Citi sees gold up to $3,500 by year-end. (00:22) Nike (NKE) turns lower after guiding for a doubl…
1 year, 4 months ago
Nvidia-backed CoreWeave aims to raise $2.7B in IPO
The CoreWeave $26B valuation is scaled back from initial expectations. (0:15) Existing home sales surprise. (2:47) Accenture warns about DOGE contra…
1 year, 4 months ago
March Madness heats up, bets roll in
NCAA March Madness: Watch DraftKings (DKNG), FanDuel (FLUT), Robinhood (HOOD), and long shot Grand Canyon (LOPE). (00:24) CoreWeave (CRWV) seeks shar…
1 year, 4 months ago
Fed deja vu: Powell calls tariff inflation transitory
The Fed chief echoes COVID-era prediction as FOMC holds rates. (0:16) Dot plot shows higher inflation, lower growth forecasts. (1:52) Stocks climb as…
1 year, 4 months ago
GM deepens Nvidia partnership for next-gen vehicles
General Motors (GM) deepens its partnership with Nvidia (NVDA) as it looks toward next-gen vehicles. (00:23) Xiaomi (XIACF) said to mull expansion of…
1 year, 4 months ago
Tariffs and other inflationary pressures
Economist Claudia Sahm joins Rob Isbitts to talk inflationary pressures (1:10). Are tariffs inflationary and who ends up paying them? (4:35) This is …
1 year, 4 months ago