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The letter, which was reviewed by CNBC, calls for banning certain contracts and raising the age requirements for participation on sports-related contracts.

Bill Ackman's Pershing Square Capital Management has built a position in Microsoft, the billionaire hedge fund manager said Friday in a post on X.

Bill Ackman's Pershing Square Capital Management has built a position in Microsoft, the billionaire hedge fund manager said Friday in a post on X.

The two-day meeting wrapped up Friday, setting the tone for further U.S.-China talks this year.

U.S. President Donald Trump and Chinese President Xi Jinping meet on the sidelines of a visit to Zhongnanhai Garden on May 15, 2026 in Beijing, China.

In the letter, Dana White said that the cap is already starting to create problems for the gambling industry.

From CNBC: U.S. can hold AI talks with China because ‘we are in the lead,’ Bessent tells CNBC as nations plan safety protocol

U.S. President Donald Trump met Chinese President Xi Jinping in Beijing on Thursday morning for the start of a high-stakes summit that runs through Friday.

Traders also think it is likely that the president will talk about Iran, despite his comments that the U.S. doesn't need China's help in resolving the war.

The U.S. chipmaker executive was not included in earlier lists of business leaders participating in President Donald Trump's trip to China this week.

Nvidia CEO Jensen Huang isn't going on Trump’s China trip, though more than a dozen other U.S. executives are.

Taiwan's Taiex and South Korea's Kospi stock markets have been seeing record breaking rallies. The stunning surge leaves experts wondering if this growth hinges largely on a few AI-linked semiconductor giants.

The U.S. and Chinese presidents are scheduled to gather in Beijing on Thursday and Friday amid a packed week of diplomatic meetings.

Micron Technology shares caught fire this week amid a global shortage of memory chips. The stock is heading for its best week since 2008.

Cybersecurity and cloud computing firm Akamai reported first-quarter earnings on Thursday and saw its cloud infrastructure business grow 40% year-on-year.

Thanks to the Iran war, big issues for U.S. businesses like rare earths and supply chains may take a back seat on the agenda for the Trump-Xi summit.

CNBC's Jim Cramer said he's confident in the power of the artificial intelligence boom to keep driving stocks higher, despite short pullbacks.

Traders are evenly divided as to whether the change will happen by Jan. 1. That would be an unusually fast timeline for the commission.

Traders on prediction market platforms give a high probability to layoffs in the tech sector reaching more than 447,000 jobs in 2026.