The newest hire at Goldman Sachs isn’t human. The bank is testing an autonomous software engineer from artificial intelligence startup Cognition that is expected to soon join the ranks of the firm’s 12,000 human developers, Goldman tech chief Marco Argenti told CNBC. The program, named Devin, became known in technology circles last year with Cognition’s…
Tom Lee, managing partner and head of research at Fundstrat Global Advisors, speaking on CNBC’s “The Exchange” on Oct. 31, 2023. Adam Jeffery | CNBC Tom Lee’s Fundstrat Capital rose to prominence with timely macroeconomic calls on the market, and now his new ETF is flexing the firm’s stock picking prowess. The Fundstrat Granny Shots…
In this photo illustration a Bitcoin logo seen displayed on a smartphone with stock market percentages in the background. Omar Marques | SOPA Images | LightRocket | Getty Images Bitcoin extended its rally on Friday, rising to new records overnight after bitcoin ETFs saw their biggest day of inflows of the year. The price of…
Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions. The price of the flagship cryptocurrency was last higher by more than 2% at $113,670.79. Earlier, it rose as high as $113,863.18. Earlier, it rose as high…
Steve Eisman, the investor who called the subprime mortgage crisis, said fears of the massive size of the federal budget deficit may be overblown. President Donald Trump ‘s One Big Beautiful Bill Act signed last week added to investor concerns about the fiscal trajectory of the country and future government borrowing. The bill includes trillions of dollars…
Apple shares picked up a gain and an upgrade from Jefferies going into the holiday weekend, but the ” Fast Money ” traders aren’t seeing fireworks. “The back half of the year for a company like Apple is going to be a problem,” RiskReversal Advisors’ principal Dan Nathan said on Wednesday’s show. “They still don’t…
Expect bitcoin to reach fresh all-time highs in the second half of the year as corporate treasuries accelerate their bitcoin buying sprees and Congress gets closer to passing crypto legislation, investors say. The cryptocurrency climbed nearly 30% in the second quarter although, strangely, many investors have called it a period of consolidation, with returns declining…
U.S. House of Representatives Speaker Mike Johnson and other Republican House members celebrate following the signing of U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 3, 2025. Jonathan Ernst | Reuters How to read this guide Follow along from start to finish, or use the table…
President Donald Trump signed his party’s tax and spending package into law on Friday, ushering in major changes to Americans’ finances. The GOP’s marquee “one big beautiful bill” makes Trump’s 2017 tax cuts permanent while adding a senior “bonus” along with a bigger state and local tax deduction and higher estate and gift tax exemption….
Long-time market bull Tom Lee is considering two new themes for his Fundstrat Granny Shots US Large Cap ETF. On CNBC’s “ETF Edge” this week, he revealed sovereign security could soon make the cut. “It’s now evident to me that the mechanisms are in motion for companies to really fix their supply chains within a…
