
President Trump Is on the Line About an A.I. Slowdown
Mr. Trump called Jensen Huang, Nvidia's chief executive, while Mr. Huang was onstage in Los Angeles and criticized calls to slow down and regulate A.I.
Follow the latest financial and economic news, market updates, reports, and analysis on PipVero.

Mr. Trump called Jensen Huang, Nvidia's chief executive, while Mr. Huang was onstage in Los Angeles and criticized calls to slow down and regulate A.I.

Plus, 10-year Treasury yields fade after touching 5% and oil prices keep climbing

U.S. stocks fell after Anthropic CEO Dario Amodei called for a slowdown in artificial-intelligence development and as another increase in oil futures triggered interest-rate worries.

Elmet Group shares soared after the Defense Department announced a $450 million investment aimed at expanding U.S. tungsten production and reducing reliance on China.

Investors must keep things in perspective. A 5% yield on the 10-Year Treasury isn't an economic monster.

The oil exporting kingdom is now dealing with the shutdown of its East-West pipeline. Energy prices ‘are only going to rise on the back of this.

Oil surged as Saudi Arabia's closure of a major crude pipeline following attacks jolted the market, with the move disrupting a route that's been key to bypassing the Strait of Hormuz during the US-Iran war. Bloomberg's Rob Barnett joins to discuss.

Bank of America Corp. Chief Executive Officer Brian Moynihan said trading revenue will be "relatively flat" compared with last year's third quarter. But he says even if that happens, the bank will still have had one of its best third quarters ever.

Gregory Brew, Eurasia Group senior analyst, joins 'Power Lunch' to discuss the latest in Iran, Saudi Arabia closing a critical pipeline, oil prices, and more.

Novo CEO Mike Doustdar sits down with CNBC's Annika Constantino to discuss the Danish company's rebrand and shift in corporate culture as it fights to win back obesity market share.

The United States imposed Iran-related sanctions Monday on Russia's VTB Bank Public Joint Stock Company, accusing it of involvement in Iranian sanctions evasion, the Treasury Department said as Washington seeks to ramp up economic pressure on Tehran.

The S&P 500's Industrials sector rebounded more than 1% on Friday for one of its strongest sessions of the past month. After a steep decline from its August highs, Industrials is testing a level that provided support during the spring pullback.

Hao Feng Group Ltd. is targeting a $21 million US IPO, but its valuation appears excessive relative to fundamentals. Its revenue growth rate is decelerating, margins are volatile, and expansion plans lack demonstrated execution capability. HFE operates in a fragmented, highly competitive Hong Kong financial education market with significant concentration and platform risks.

Fed Chairman Kevin Warsh will be counting votes this week both on a widely anticipated rate hike as well as the future direction of monetary policy. Coming off a 9-3 split in July, the two-day central bank policy meeting on Tuesday and Wednesday will provide important clues about how sharp the divide is within the policy-setting Federal Open Market Committee.

Trump also announced Russia-Ukraine energy truce, but the countries did not confirm that the deal existed.