Polymarket taps Goldman Sachs veteran Lisa Mantil to attract Wall Street liquidity
Prediction market exchange Polymarket has hired a near three-decade Goldman Sachs veteran to help lead its push to attract Wall Street liquidity.
City & Markets
CNBC Daily Open: AI’s creators sound the alarm — while others keep building the infrastructure
Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
Anthropic warns of ‘existential risks to humanity’ from AI; AstraZeneca makes $2bn cancer drug tie-up – business live
The average 2-year fixed residential mortgage rate today is 5.93%. This is up from 5.91% the previous working day.
Bear of the Day: M/I Homes (MHO)
M/I Homes MHO is a single-family homebuilder that’s suffering alongside the entire housing and homebuilder market as mortgage rates rebound back above 7%.
Australia raises benchmark rates to 15-year high as it fights sticky inflation
Australia's central bank on Tuesday raised rates to 4.6%, their highest level in 15 years as the country looks to contain inflation stoked by the Middle East conflict.
Treasury yields ease as inflation concerns persist
U.S. Treasury yields eased early Tuesday after marching to fresh highs during the previous session amid persistent concerns over inflationary pressures.
The stock market usually booms in the November-to-April stretch. This indicator suggests otherwise.
Jim Paulsen thinks lagged indicators suggest the usual ‘best buying season’ for stocks may not be applicable this time and backtesting his model to 1970 shows meagre returns.
India readies $25 billion for Deep Tech investment as U.S. and China race ahead
India is preparing to deploy $25 billion to support Deep Tech start-ups in the country, as it tries to catch up with the U.S. and China in the global tech race to cut its reliance on frontier foreign …
Bull of the Day: Garmin Ltd. (GRMN)
Garmin Ltd. (GRMN) soared after the standout GPS maker posted blowout earnings for the second period in a row in early May.
Hogs Face Monday Losses
Lean hog futures were mostly lower on Monday, with October up a tick and the rest of the board down 55 cents to $1.27. USDA’s national base hog price was up 54 cents in the Monday PM report at $79.22.…
AMD makes a big bet on the next era of AI with World Labs acquisition
The chip maker is buying the startup and adding AI pioneer Fei-Fei Li as its chief scientist.
Cattle Slip Lower into Monday’s Close
Live cattle futures posted modest losses of 57 cents to $1.42 at the Monday close. Cash trade has yet to be reported this week, with Monday mostly compiling showlists, as trade has been light in recen…
Hogs Showing Steadier Trade on Monday
Lean hog futures are up 50 cents to 22 cents lower on Monday, showing mixed trade. USDA’s national base hog price was not reported on Monday morning due to thin volume. The CME Lean Hog Index was down…
U.S., Iran hold separate mediator talks as Mideast oil exports hit war-time high
U.S. and Iranian officials have reportedly held separate indirect talks with mediators on Monday, reviving efforts to end seven months of war as Tehran presses for a response to a revised ceasefire fr…
Cocoa Prices Pressured by Ample Ivory Coast Cocoa Supplies
December ICE NY cocoa (CCZ26) closed down -30 (-0.53%) on Monday, and December ICE London cocoa #7 (CAZ26) closed down -30 (-0.71%).
Sugar Prices Settle Mixed as Crude Oil Erases an Early Rally
October NY world sugar #11 (SBV26) closed down -0.04 (-0.23%) on Monday, and December London ICE white sugar #5 (SWZ26) closed up +1.50 (+0.30%).
Cotton Trying to Push Higher on Monday
Cotton futures are trading with October down 60 points, with other contracts up 10 to 21 points. Crude oil is up 68 cents per barrel on the session, with the US dollar index $0.162 higher.
Wheat Posts Monday Losses
The wheat complex was lower across all three exchanges at the Monday close. Chicago SRW futures were down 4 ½ to 10 ¼ cents on the day. KC HRW contracts closed the session with losses of 8 ¼ to 10 ¾ c…
MongoDB’s stock is down nearly 20% as CEO decamps to Meta
“July is one of the most bullish months of the year. In fact, based on last year’s update, July became the most bullish month on average. For readers who may not remember, or who may be new here, July…
Samsung to inject $1 billion into Nvidia- and KKR-backed AI infrastructure firm
Samsung Electronics and its five affiliates are investing $1 billion in KKR-launched Helix as the group expands its push into global AI infrastructure.
Anthropic’s potential $2 trillion IPO comes with the following fine print
Anthropic’s revenue grew over 10-fold in 2025, but the cost of training and serving its models is also climbing.
Raymond James Upgrades Park Hotels & Resorts to Strong Buy from Market Perform
Fintel reports that on September 28, 2026, Raymond James upgraded their outlook for Park Hotels & Resorts (NYSE:PK) (LSE:0KFU) from Market Perform to Strong Buy.
Michael Burry believes the AI bubble 'may burst' sooner than he first believed
Michael Burry is moving up the timeline for his bearish thesis on the fate of the artificial intelligence boom.
Nat-Gas Prices Fall as Force Majeure Lifted on Appalachian Pipeline
Nat-gas prices settled sharply lower on Monday after a force majeure was lifted on a gas pipeline in West Virginia, reducing fears of a prolonged outage. TC Energy on Sunday notified customers that th…