Shivon Zilis, a former OpenAI board member who has four children with Musk, testified that the Tesla CEO wanted the AI startup to join his EV company.
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The U.S. is locked into a heated rivalry with China and a race to lead AI innovation.
Shares of Planet Fitness plunged Thursday after the fitness company slashed its guidance and canceled planned price hikes.
Boeing CEO Kelly Ortberg is expected to join President Donald Trump on his visit to China next week, a source familiar with the planemaker’s plans told CNBC.
The combined company would need to maintain an investment-grade credit profile, GameStop’s mysterious financing letter said.
“Do I think he’ll cut rates? No chance,” Jones said during a wide-ranging CNBC “Squawk Box” interview.
Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move.
The billionaire hedge fund manager said the market may still be in the middle innings of an AI-driven rally.
Shares of McDonald’s have fallen 10% over the last year, hurt by concerns about the broader economy.
The trade is fairly simple: sell downside protection in semiconductor names where volatility is expensive, and buy downside protection in the S&P 500, where it’s relatively cheap.
