Get Inside Wealth directly to your inboxA version of this article appeared in CNBC's Inside Wealth newsletter, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Voters will decide whether to raise or lower taxes on the wealthy in multiple states next month,...
Day: October 15, 2026
Merck CEO tells CNBC he expects breakthrough cancer vaccine will become faster to make
Merck CEO Rob Davis told CNBC on Wednesday that he expects the company's breakthrough cancer vaccine with Moderna to get faster to manufacture over time. Shortening the current six-week timeline could potentially help the companies reach more patients."We are going to drive for improvement, but right now the focus really is,...
Traders pile into ‘bubble puts’ on CoreWeave as neocloud stocks plunge
A key corner of the artificial intelligence trade is taking a beating on Wednesday and traders are betting it could get even worse.Shares of neocloud companies – businesses that offer access to the GPUs powering artificial intelligence as a service – plunged Wednesday after debt yields for Nvidia-backed CoreWeave continued...
Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos
Bank of America has hired an army of external contractors to help it patch software vulnerabilities exposed by advanced artificial intelligence models including Anthropic's Mythos, the bank's CEO, Brian Moynihan, told CNBC on Wednesday.In an interview after the bank's third-quarter earnings release, Moynihan said that earlier this year the company...