DeepSeek has changed everything we thought we knew about LLMs and the AI race between the US and China.
A preview of our @CNBCTechCheck deep dive on the mysterious AI lab with insights from @AravSrinivas & @chetanp
Link to full piece below
Today, the CNBC Investing Club convenes at noon. We take questions from you, tell you about your positions and explain why it has not paid off to sell at this level. This will be an important meeting if you care about Mag 7, about huge trends and about the stocks i am turning against
The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a percentage point, or 50 basis points, off benchmark rates in an effort to head off a slowdown in the labor market.
Read more: https://t.co/lXXxSwdNZw
.@jimcramer: Why was this all done at once? That seems, to me, irresponsible.
As global infrastructure faces one of the world's biggest IT blackouts, @Crowdstrike CEO George Kurtz joins to discuss what went wrong with the company's latest cyber update. $CRWD
Jeff Bezos has once again sold $AMZN, selling over $10 billion so far this year.
@robtfrank joins to discuss why the billionaire founder is shedding his stake in the company.
Big deal. Meta: After hearing input and looking at research from different perspectives, we will now remove speech targeting “Zionists” in several areas where our process showed that the speech tends to be used to refer to Jews and Israelis with dehumanizing comparisons, calls for harm, or denials of existence.
https://t.co/9xku9KsPhk
.@SaraEisen: "Chair Powell, you have also been on a journey, and have been on hold since last July and not cut rates like the ECB in June. Why not? What are you waiting for?"
Powell: We want to be more confident that inflation is moving sustainably down toward 2%.