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Commerce Secretary Lutnick says China is only getting Nvidia’s ‘4th best’ AI chip

"We don't sell them our best stuff, not our second best stuff, not even our third best," Lutnick told CNBC's Brian Sullivan.

Joby Aviation says it is doubling production at its air taxi manufacturing hub

The eVTOL maker has already delivered its first air taxi to the United Arab Emirates, with plans to launch service in the region next year.

Nvidia’s stock pops as China win may pave the way for $5 trillion market cap and beyond

BRITNEY NGUYEN

One analyst boosted his price target on Nvidia’s stock to a level that would imply a $5.7 trillion market cap, with the chip maker seemingly cleared to sell its H20 chip in China again.

Rolls-Royce invests $75 million to expand South Carolina plant

Britain's Rolls-Royce announced a $75 million expansion of its engine manufacturing facility in Aiken County, South Carolina.

Former OpenAI CTO Mira Murati raises $2 billion for new AI startup Thinking Machines Lab

Mira Murati rocketed into the spotlight in 2023 when she was named interim CEO of OpenAI after Sam Altman was briefly ousted by the company's board.

Pets adopted during the pandemic are getting older. Chewy’s expansion into this business stands to benefit.

BILL PETERS

BofA analysts said Chewy’s pharmacy segment and vet clinics stand to benefit from a rebound in pet adoptions.

Social Security costs could rise if fertility rates stay low

ALICIA H. MUNNELL

Are the Social Security Trustees too optimistic?

MP Materials’ stock heads for a new high. What’s behind Apple’s new rare-earths deal.

BRITNEY NGUYEN

The iPhone maker is committing $500 million to buying rare-earth magnets from the company’s flagship facility in Texas, which Apple is helping to build out.

Bitcoin ETFs rake in $14.8 billion as ‘whales’ push the crypto’s price to all-time highs

GORDON GOTTSEGEN

As the U.S. government mulls over the future of crypto regulation during its self-proclaimed “crypto week,” investors are also looking toward a potentially bright future for cryptocurrencies — through their portfolios.

WNBA's Portland Fire unveils name and logo ahead of 2026 tipoff

Portland's WNBA expansion team unveiled its new branding and name — the Portland Fire — a rekindling of the city's previous team that played from 2000 to 2002.

Trump-backed crypto regulation bills fail to clear key hurdle in Congress

The crypto regulation bills have been promoted by President Donald Trump and have wide support among Republicans. The GOP 'no' votes objected to how the bills were structured.

Home insurance costs so much now that people can’t pay their mortgages. Another looming threat could make things even worse.

AARTHI SWAMINATHAN

A sharp rise in homeowners-insurance premiums is connected to rising levels of financial distress, especially among first-time buyers.