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Sam Altman speaks during CNBC’s ‘Power Lunch’ on June 1, 2026. CNBCOpenAI CEO Sam Altman is meeting with lawmakers in Washington, D.C., on Wednesday, including officials involved with the executive order on artificial intelligence that President Donald Trump signed this week.Altman will meet with members of the Trump administration at the White House, according to an OpenAI spokesperson. He will also sit down with Republican and Democratic members of Congress, including House Speaker Mike Johnson, R-La., and House Minority Leader Hakeem Jeffries, D-N.Y., their representatives confirmed to CNBC.Trump on Tuesday signed an executive order asking AI companies to voluntarily provide the government…
Mayor of Greater Manchester Andy Burnham.Leon Neal | Getty Images News | Getty ImagesAndy Burnham, the frontrunner to overthrow U.K. Prime Minister Keir Starmer, abruptly cancelled a call aimed at placating investors nervous about his potential policy mix on Monday, the FT reported.Burnham — who is not yet a sitting member of the U.K. parliament — will run in the June 18 by-election in Makerfield, north-west England. If he wins the seat, he is widely expected to launch a formal challenge to usurp Starmer’s position. Starmer’s premiership has been under intense pressure following a crushing defeat for the ruling Labour Party in…
Traders work at the New York Stock Exchange on May 28, 2026. NYSEAssets in leveraged ETF nearly doubled over two months, as investors scrambled for maximum exposure to the artificial intelligence trend.”Investors increasingly use leveraged instruments linked to the ‘AI-trade’ – assets in leveraged ETFs linked to AI and Tech themes have surged, with exposures in the US and Korea/Taiwan rising sharply- more than doubling in recent months,” wrote Goldman’s Christian Mueller-Glissmann in a note. Goldman cited data from EPFR tracking 573 leveraged U.S. equity ETFs, 52 ETFs on South Korea and 11 on Taiwan. The total net assets for…
The European Commission on Wednesday proposed a slew of rules intended to bolster homegrown chips, AI and cloud services as the bloc scrambles to develop tech sovereignty amid huge reliance on products and services from the U.S. and China.The proposals, which must be approved by all 27 member states, include new actions to bolster advanced chip manufacturing and homegrown cloud computing.EU weighs restricting use of U.S. cloud platforms to process sensitive government data, sources tell CNBCAs geopolitical tensions across the globe have ramped up, there have been growing calls for Europe to diversify away from non-European providers of critical tech,…
U.S. ‘reverse blockade’ in Strait of Hormuz is ‘stroke of genius,’ Netanyahu saysIn this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz.U.S. Navy | Getty ImagesNetanyahu praised Trump’s retaliatory blockade of Iranian ports in the Strait of Hormuz, calling it “very effective.””It’s been a stroke of genius, the reverse blockade,” he said.— Kevin Breuninger’If necessary, there will be a full-scale return to…
Why is Palo Alto Networks stock sliding today? Source link
At the same time, the plants unable to detect the molecular signature of the caterpillar’s drool were largely ignored by the wasps. They weren’t completely defenseless, though. “There are other papers that show if you knock out all immune signaling, the caterpillars grow twice as big—they get enormous,” Steinbrenner says. This, he suggests, indicates the immune system had other pathways to deter herbivores like the caterpillars. Crop defense systems While the team connected the broken inceptin receptor to a muted distress call, the exact downstream immune signaling pathway isn’t fully understood. The authors suspect that the highly specific caterpillar detection…
The incident, which is being investigated by the policing watchdog, prompted a wave of political reaction on Monday, including a video clip filmed by Farage in which he said the police response was evidence of “two-tier Britain,” and called for an end to “anti-white prejudice”. Source link
Bitcoin hasn’t had this cold a winter in seven years.The biggest crypto token – which trades with a market cap of $1.3 trillion – is down 35% since its relative strength versus the Nasdaq-100 peaked almost a year ago, during which the big-tech index has rallied about an equal amount. The resulting 70-percentage-point GAP is the widest in favor of stocks since March 2019, according to data compiled by CNBC.If options flows are an indicator, it’s got so-called bitcoin “HODLrs” – “hold on for dear life” devotees – thinking about folding.Stock Chart IconStock chart iconNasdaq-100 vs bitcoin, 1 yearFor the…
Shares in KKR, Blackstone and other sector peers tumbled on Wednesday after Switzerland’s Partners Group moved to restrict investor withdrawals from one of its funds, stoking fresh fears over private market valuations.Shares in KKR were last seen 6.8% lower before the open, while Blackstone was down 5.2% and Ares Management dropped almost 6.7%.Blue Owl Capital’s shares slipped 5.2%, as Carlyle Group edged lower to the tune of 2.9%.Shares in Partners Group — the Swiss asset management giant active in private equity, private credit, infrastructure and real estate markets — plunged 17.7%, reaching a 52-week low on Wednesday.Stock Chart IconStock chart…