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CNBC’s Jim Cramer warned Wednesday that a wave of capital raises tied to the artificial intelligence boom could create a near-term headwind for stocks. “Bull markets can be killed by business conditions or interest rates or geopolitical turmoil, but the thing that most easily leads them to the slaughterhouse is an excess of new supply,” the “Mad Money” host said. “Like any market, when supply outstrips demand, prices go right down.”Cramer pointed to a growing pipeline of companies are seeking capital to fund massive AI infrastructure buildouts, including highly anticipated IPOs from SpaceX, Anthropic and OpenAI, as well as Alphabet’s…

When Pierre Mahéo and his team puts a pre-collection together, they do it with a see-now-buy-now mindset. That came in especially handy this week, as the Officine Générale spring pre-collection was presented during the biggest, earliest heatwave Paris has seen in modern meteorological history.“It’s always a very particular exercise,” Mahéo said of the process. “Fashion’s always projecting without taking the time to read the room. There’s this constant jostling for newness. But that means you risk overlooking products that work quietly over time.”Giving things a chance to settle in has proven to be Officine Générale’s superpower. It does brisk business…

Atlanta’s had something of a wine bar boom, and this relaxed, informal Poncey Highland tavern that’s leading the moment. (In fact, it was one of BA’s Best New Bars last year.) Led by two partners of West Midtown restaurant Miller Union and a South Carolinian wine enthusiast, here you’ll find a regularly updated menu of impressive house reds and whites by the carafe, and by-the-glass pours leaning lower on heft and higher on drinkability. That ranges from sparkling Chenin Blanc to Sancerre rosé, Gamays like Du Grappin Côte de Brouilly, plus expressive oranges and whites. It’s also a proper restaurant,…

Elon Musk’s SpaceX is planning to set a fixed price of $135 per share ahead of officially marketing its initial public offering, the company said in a filing with the Securities and Exchange Commission on Wednesday. SpaceX said it plans to sell 555.6 million shares, which would amount to a $75 billion fundraise.Typically, at this stage of the process, new issuers will offer a price range that allows a company and its advisers to gauge demand sensitivity at different levels. In this case, SpaceX took a more unique approach after a slew of testing-the-waters meetings leading up to the roadshow…

For his new resort collection, Frederick Anderson had Mexico on the mind for design inspiration—but not just any part of Mexico. Rather, Anderson recently became smitten with the exclusive community of Careyes, and he imagined a lavish wardrobe that could be worn in the chic, if-you-know-you-know coastal town. “You can only rent houses or condos—there are no hotels,” says Anderson. “There’s so much noise in the world right now, and I loved this idea of exclusive glamour there.”This was not a season for Anderson to dial things back. Instead, he felt compelled to lean into statement getaway style, crafting pieces…

Canned beans are a go-to for me, especially during the summer. They’re convenient, ready to eat, and protein-dense. Perfect for a no-cook meal on a hotter-than-hot day.My new recipe for Big Bean Ceviche is a ripe example of romantically marrying this pantry staple with seasonal produce. Where traditional ceviche is made with raw seafood or fish “cooked” in the acid of citrus juice, this recipe instead opts for a can of plump white beans. They’ll happily marinate in the tangy tomato sauce before being scooped up with tortilla chips. Not only do the beans make this dish vegan, meaning more…

Uber CEO Dara Khosrowshahi answers audience questions during a recording of the “On With Kara Swisher” podcast at the Johns Hopkins University Bloomberg Center on December 15, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesUber is slashing 23% of jobs in its people division as it seeks to streamline operations under the direction of new president Jill Hazelbaker.CEO Dara Khosrowshahi said in a memo that the “changes are necessary to maximize the effectiveness of the People team and the enormous potential ahead of us.”The impacted team includes recruitment and human resources staff. Uber did not disclose the number of…

Khaite is on the verge of two milestones. The brand will turn 10 this year, and sometime in the future, if the business keeps moving in the direction it’s currently headed, it’ll hit $500 million in sales. “We are way up, more than any other year, so we’re definitely meeting our stretch projection,” designer Cate Holstein reported at a showroom appointment. “I sold a lofty brand to my investors when I was doing the pitch, but when you actually start getting there, I’m kind of blown over by it.”Speaking to Vogue Runway back in February 2017, Holstein described what she…

Purely Elizabeth Protein GranolaProtein is everywhere: on popcorn, in jams and jellies, and even in water. What I appreciate most about Purely Elizabeth’s new protein granola, available in three flavors (dark chocolate blueberry, almond butter and berries, and cinnamon toast), is that all the protein comes from nuts and seeds rather than protein powder. There are only ten grams per serving, but tossed into a bowl of Greek yogurt, that’s more than enough. My favorite is the almond butter and berries, which has both dried cranberries and freeze-dried strawberries. —Kate Kassin, editorial operations managerJoy Supply White Chocolate Raspberry CookiesJoy SupplyWhite…

Homes in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty ImagesMore frustrated home sellers were giving up, right in the midst of the all-important spring market, according to new data.Nationwide, 5.8% of all home listings were pulled off the market in April, according to Redfin, a real estate brokerage. That ties with December for the highest share of homes delisted since March 2020, when the pandemic hit and the housing market froze. Delistings in April were up 3.8% compared with March. The increase comes as higher mortgage rates, elevated gas prices and weaker…