AWS executive Dave Brown to leave Amazon after nearly 19 years
Amazon said Dave Brown, a senior AWS leader tied to EC2, compute and machine learning services, will be succeeded by Dave Treadwel...
By Amanda Ross 2 months agoSection
Markets
IBM selloff pushes options volatility near pandemic-era extremes
IBM shares fell 25% after a preliminary revenue miss, while CNBC said one-month implied volatility remained in the 99.6th percenti...
By Amanda Ross 2 months ago
SpaceX falls below IPO price for first time
Shares of SpaceX declined for a fourth straight session Wednesday, slipping under the $135 level set in the company’s June IPO.
By Marcus V. Thorne 2 months ago
Warsh says he speaks often with Treasury as Senate probes Fed independence
Fed Chair Kevin Warsh told senators he talks frequently with Treasury Secretary Scott Bessent while defending the central bank’s a...
By Amanda Ross 2 months ago
US savers put comfortable retirement at $1.2mn, Schroders survey says
Schroders found a wide gap between retirement expectations and projected savings among US workplace plan participants.
By Marcus V. Thorne 2 months ago
DTCC tests tokenized assets with major Wall Street firms
DTCC is running a one-day demonstration to show how blockchain-based versions of securities could work inside existing market plum...
By Marcus V. Thorne 2 months ago
Hassett says June CPI leaves no case for Fed rate increases
The NEC director told CNBC lower inflation should turn the Fed toward cuts, while Chair Kevin Warsh cautioned that price pressures...
By Amanda Ross 2 months ago
Cramer says Goldman has room to rise as Wells Fargo seeks new narrative
CNBC’s Jim Cramer pointed to investment banking strength at Goldman Sachs and questioned whether Wells Fargo can shift investor fo...
By Amanda Ross 2 months ago
Buffett says speculative trading is making value harder to find
The Berkshire Hathaway chairman told CNBC that market conditions favor gambling over patient investing as stocks trade near record...
By Marcus V. Thorne 2 months ago
Goldman adviser says Epstein used her name to bolster his standing
Kathryn Ruemmler, Goldman Sachs’ former legal chief, faced House questions over Jeffrey Epstein after moving into an advisory role...
By Amanda Ross 2 months ago
Dimon sets $24 million JPMorgan push for U.S. shipbuilding
JPMorgan says the package will support submarine manufacturing, maritime small businesses and suppliers under its $1.5 trillion se...
By Amanda Ross 2 months ago
Buffett says Gates-Epstein ties were distasteful as giving shifts to children
The Berkshire chairman told CNBC he reviewed Bill Gates’ ties to Jeffrey Epstein before redirecting this year’s stock gifts to fam...
By Marcus V. Thorne 2 months ago