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Nvidia CEO Jensen Huang declines Senate testimony on AI, China and exports

Nvidia CEO Jensen Huang declines Senate testimony on AI, China and exports

Sen. Elizabeth Warren said Nvidia’s CEO should answer questions publicly as lawmakers scrutinize AI chip sales to China ...

4 days ago
Trump nominates Todd Blanche for attorney general amid controversy over DOJ fund

Trump nominates Todd Blanche for attorney general amid controversy over DOJ fund

Blanche previously served as a criminal defense lawyer for President Trump....

4 days ago
Congress moves toward approving $70 billion for ICE and CBP through Trump's presidency

Congress moves toward approving $70 billion for ICE and CBP through Trump's presidency

The U.S. House is expected to vote this week on a $70 billion measure to fund Immigration and Customs Enforcement and Cu...

4 days ago
Convicted FTX founder Sam Bankman-Fried files formal request for Trump pardon

Convicted FTX founder Sam Bankman-Fried files formal request for Trump pardon

The co-founder of the now defunct FTX crypto exchange is currently serving a 25-year federal prison sentence....

4 days ago
Food supply 'not at risk' after new Texas screwworm cases, USDA secretary says

Food supply 'not at risk' after new Texas screwworm cases, USDA secretary says

The U.S. will lean on the same playbook it did starting in the late 1950s, part of which involves releasing sterile inse...

4 days ago
Household worries over finances hit highest level since July 2022, New York Fed survey shows

Household worries over finances hit highest level since July 2022, New York Fed survey shows

While the central bank's monthly survey showed the inflation outlook mostly unchanged, the general perception of conditi...

4 days ago
Strait of Hormuz traffic won't return to normal until end of the year, traders say

Strait of Hormuz traffic won't return to normal until end of the year, traders say

Two weeks ago traders saw a 60% chance that the Strait of Hormuz would open before August. Now traders see a higher chan...

4 days ago
Corning shares jump 4% after company strikes deal to power Amazon AI data centers in U.S.

Corning shares jump 4% after company strikes deal to power Amazon AI data centers in U.S.

Amazon is the latest megacap company to announce a massive deal with Corning, which is rapidly becoming a critical playe...

4 days ago
USAA to return nearly $1 billion to Florida members as legal reforms help lower insurance costs

USAA to return nearly $1 billion to Florida members as legal reforms help lower insurance costs

USAA said it will deliver nearly $1 billion in combined savings and returns to eligible Florida members, including a $50...

4 days ago
United CEO brushes off airline mergers after American rejection: 'There's nothing'

United CEO brushes off airline mergers after American rejection: 'There's nothing'

When asked about a wave of consolidation among airlines, Kirby said further combination opportunities look unlikely: "Th...

4 days ago
Iran announces 'end of military operations' against Israel, but warns Lebanon strikes could trigger escalation

Iran announces 'end of military operations' against Israel, but warns Lebanon strikes could trigger escalation

Iran and Israel traded strikes on Sunday night for the first time since a ceasefire was agreed in April, threatening to ...

4 days ago
Weight loss drug maker sinks 25% after new safety data spooks investors

Weight loss drug maker sinks 25% after new safety data spooks investors

While the experimental drug met its key targets, analysts are concerned over the commercial opportunity due to side effe...

5 days ago
Foreign investors have dumped billions of dollars of Korean stocks this year despite record rally. Here's why

Foreign investors have dumped billions of dollars of Korean stocks this year despite record rally. Here's why

The selling intensified Monday as the benchmark Kospi plunged more than 8% at the open, even as it emerged as one of the...

5 days ago
Asia tech stocks extend sell-off with SoftBank down over 7% as investors sour on AI-linked names

Asia tech stocks extend sell-off with SoftBank down over 7% as investors sour on AI-linked names

Asian tech stocks tracked overnight losses in U.S. tech names led by a sell-off in Broadcom....

5 days ago
Oil prices spike over 3% as Iran and Israel trade strikes, escalating regional tensions

Oil prices spike over 3% as Iran and Israel trade strikes, escalating regional tensions

Oil rises on Monday amid heightened tensions in the Middle East, raising concerns that the conflict may drag on....

5 days ago
Hong Kong's IPO boom is developing a performance problem

Hong Kong's IPO boom is developing a performance problem

As Hong Kong vies with Wall Street to be the top IPO market, a growing number of pre-debut runups turn sour after their ...

5 days ago
Fragile ceasefire in jeopardy as Iran reportedly fires first missiles at Israel

Fragile ceasefire in jeopardy as Iran reportedly fires first missiles at Israel

The fragile ceasefire between the U.S. and Iran has been in place since early April....

5 days ago
Bitcoin is cratering, but a new Wall Street crypto hype is on the rise

Bitcoin is cratering, but a new Wall Street crypto hype is on the rise

As bitcoin dropped to its lowest price since 2024, investors flock to a new type of crypto investment linked to the hype...

5 days ago
'Bring 'em on': Delta wants United's crown over the Pacific, too

'Bring 'em on': Delta wants United's crown over the Pacific, too

Delta's president, Peter Carter, told CNBC that the carrier wants to take United on over the Pacific....

5 days ago
Trump storms out of interview after being challenged about election fraud claims, DOJ fund

Trump storms out of interview after being challenged about election fraud claims, DOJ fund

The president said he would like to see the weaponization fund proceed despite setbacks....

5 days ago
Here are the 6 big things we're watching in the stock market this week

Here are the 6 big things we're watching in the stock market this week

Earnings season for Club names has come to an end, but that doesn't mean the excitement has....

5 days ago
Inflation inside the electronics you buy may soon become a bit more sticky

Inflation inside the electronics you buy may soon become a bit more sticky

Most consumers are not familiar with the role resin plays inside electronics like smartphones. A current shortage of the...

5 days ago
Top Wall Street analysts recommend these 3 dividend stocks for solid returns

Top Wall Street analysts recommend these 3 dividend stocks for solid returns

Investors seeking steady income can bolster their portfolios by adding dividend stocks with attractive yields....

5 days ago
100 days of the Iran war: How global markets and the economy have been affected, in charts

100 days of the Iran war: How global markets and the economy have been affected, in charts

The conflict is about to reach its 100th day, with peace negotiations hanging in the balance....

6 days ago
Global week ahead: Soccer isn't the only thing that's kicking off

Global week ahead: Soccer isn't the only thing that's kicking off

World Cup fever grips football fans worldwide ahead of the opening game on June 11th, but it's not just soccer that's ki...

6 days ago
U.S. confirms second Texas screwworm case, Canada restricts livestock imports

U.S. confirms second Texas screwworm case, Canada restricts livestock imports

New World screwworm larvae feed on the living tissue of warm-blooded animals, creating severe wounds that can be fatal i...

6 days ago
Here are 3 forces that drove a whirlwind week for the stock market

Here are 3 forces that drove a whirlwind week for the stock market

An avalanche of selling on Friday crushed stocks. It was a dramatic reversal from record highs earlier in the week....

6 days ago
Chinese EVs may hit U.S. within a few years, one way or another

Chinese EVs may hit U.S. within a few years, one way or another

Chinese electric vehicles are likely to be sold in the U.S. within years, despite tariffs, strict laws and opposition fr...

6 days ago
How ‘Backrooms’ producer Peter Chernin thinks Hollywood needs to change

How ‘Backrooms’ producer Peter Chernin thinks Hollywood needs to change

Franchise fatigue could drive an entertainment industry sea change as the appetite for fresh ideas grows and younger aud...

6 days ago
Abel goes his own way with new Berkshire investments, including billions for AI

Abel goes his own way with new Berkshire investments, including billions for AI

Warren Buffett tells CNBC's Becky Quick new Berkshire Hathaway CEO Greg Abel has "launched" with his first major deal....

6 days ago
Inside the Obama-era Iran nuclear deal that Trump withdrew from

Inside the Obama-era Iran nuclear deal that Trump withdrew from

The U.S. and Iran have yet to reach a peace deal or address Iran's nuclear ambitions, despite signals from Trump that ta...

6 days ago
Social media bans on teens risk strengthening Big Tech's grip on the sector, Bluesky exec warns

Social media bans on teens risk strengthening Big Tech's grip on the sector, Bluesky exec warns

"We're living in a world where it's almost impossible for smaller entrants to come in and build healthier spaces," Blues...

1 week ago
Iran's threats against this Red Sea choke point are a big vulnerability for the oil market

Iran's threats against this Red Sea choke point are a big vulnerability for the oil market

Oil prices would spike if Iran's Houthi allies started attacking ships passing through the Bab el-Mandeb Strait....

1 week ago
Marvell Technology and Flex to join S&P 500 index, replacing Pool and Campbell's

Marvell Technology and Flex to join S&P 500 index, replacing Pool and Campbell's

The move highlights the growing importance of the technology sector to the stock market....

1 week ago
Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test

Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test

Mythos gave the cybersecurity sector a boost, but upbeat earnings weren't enough for investors in search of an AI payoff...

1 week ago
Google to pay SpaceX $920 million a month for compute capacity at xAI data centers

Google to pay SpaceX $920 million a month for compute capacity at xAI data centers

Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months....

1 week ago
Trump administration, OpenAI discussing possible government stake in the AI startup

Trump administration, OpenAI discussing possible government stake in the AI startup

OpenAI CEO Sam Altman first shared the idea with the Trump administration in 2025, according to a source....

1 week ago
Boeing to start 737 Max production on new assembly line July 6, CEO says

Boeing to start 737 Max production on new assembly line July 6, CEO says

The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52...

1 week ago
LinkedIn co-founder Reid Hoffman is leaving Microsoft's board after almost a decade

LinkedIn co-founder Reid Hoffman is leaving Microsoft's board after almost a decade

Reid Hoffman was one of OpenAI's first donors, and he left its board in 2023 as the nonprofit cozied up with Microsoft....

1 week ago
Amazon unveils latest warehouse robot as tech giants continue AI layoffs

Amazon unveils latest warehouse robot as tech giants continue AI layoffs

"Our experience of robots is that it's actually driven up employment rather than the reverse," Amazon executive John Bou...

1 week ago