Wall Street rattled over Fed worries

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

Palantir (PLTR) earnings Q4 2023

Palantir co-founder and CEO Alex Karp arrives for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Stefani Reynolds | AFP | Getty Images Palantir shares surged more than 12% in after-hours trading after the company reported fourth-quarter earnings that beat analysts’ expectations for revenue. … Read more

AI lobbying spikes nearly 200% as calls for regulation surge

Artificial intelligence-related lobbying reached new heights in 2023, with more than 450 organizations participating. It marks a 185% increase from the year before, when just 158 organizations did so, according to federal lobbying disclosures analyzed by OpenSecrets on behalf of CNBC. The spike in AI lobbying comes amid growing calls for AI regulation and the … Read more

‘It’s always in people’s minds’

Several Tesla electric vehicles are parked in front of a Tesla service center in the Kearny Mesa region, in San Diego, California, U.S., October 31, 2023.  Abhirup Roy | Reuters Marko Sustic has bet big on Tesla this year. The investor, who also happens to work in the European auto industry, bought Tesla shares nearly … Read more