CNBC

Amazon's four-day Prime Day event starts June 23, as shoppers battle inflation

Amazon's four-day shopping fest comes after U.S. consumer sentiment dropped in May to a record low....

1 week ago

Trump administration proposes 25% tariff on Brazilian goods over unfair trade practices

U.S Trade Representative Jamieson Greer said that the investigation under Section 301 was launched at the direction of U.S. President Donald Trump....

1 week ago

Blackstone closes its largest Asia private equity fund at over $13 billion 

Blackstone raised $13.1 billion for its latest Asia private equity vehicle, marking the largest private equity fundraise the firm has done in the region....

1 week ago

NBA star Stephen Curry signs deal with Chinese sportswear giant Li-Ning

Stephen Curry has entered into a partnership with Li-Ning, which would involve product development as well as sports culture initiatives....

1 week ago

Asia-Pacific stocks open lower as uncertainty over U.S.-Iran peace talks dents sentiment

Asia-Pacific markets open mixed on Tuesday as investors weighed renewed uncertainty over U.S.-Iran peace negotiations....

1 week ago

Blue Origin launchpad damaged in rocket explosion may not be restored until 2028, NASA's Isaacman says

NASA has tapped Jeff Bezos' Blue Origin for several contracts in the agency's Artemis return-to-the-moon program....

1 week ago

Alphabet plans to raise $80 billion from stock sales to fund AI buildout

Alphabet said it plans to sell $80 billion in stock, including through a $10 billion investment by Berkshire Hathaway....

1 week ago

Microsoft and Google are late to AI coding, but 'absolutely critical' they compete for growth

Coding tools are becoming an increasingly big target for Google and Microsoft as they try to catch up to Anthropic and OpenAI....

1 week ago

HPE skyrockets 30% on biggest earnings beat since 2018

HPE's blowout second-quarter earnings report was highlighted by a strong Cloud & AI segment that showed soaring server revenue....

1 week ago

McDonald's unveils new global growth strategy to win over diners as competition rises

McDonald's new growth plan comes as inflation and high gas prices mean restaurants are competing for a smaller pool of customers....

1 week ago

Trump administration plans to drop DOJ's $1.8B 'lawfare' fund, reports say

Senate Democratic Leader Chuck Schumer said he was launching an effort to kill "slush fund" by forcing Republicans to vote on it....

1 week ago

SpaceX sets aside up to 5% of shares in IPO for certain employees and friends

In an updated IPO prospectus, SpaceX said that up to 5% of stock being offered by the company in the offering will be available in a direct share program....

1 week ago

Trump tells CNBC: 'I don't care' if Iran negotiations are over

President Trump spoke with CNBC's Eamon Javers about the latest with the Iran war in an interview Monday....

1 week ago

Anthropic confidentially files IPO prospectus with SEC

Anthropic said it confidentially filed its IPO prospectus with the SEC, setting up a potentially historic share sale for investors ready to jump into AI....

1 week ago

Remote work is worsening youth unemployment, New York Fed finds

The expansion of remote work may explain the recent surge in youth unemployment, according to research by the Federal Reserve Bank of New York....

1 week ago

Anthropic to offer EU access to its advanced Mythos model

Anthropic is sharing access to its most advanced AI model, Mythos, with the EU after the region sought permission over cybersecurity concerns....

1 week ago

Treasury yields hold steady after U.S. and Iran exchange strikes

Treasury yields rose Monday after the U.S. and Iran exchanged fire near the Strait of Hormuz....

1 week ago

Nvidia, Meta and Schlumberger rank among top companies adopting AI, new study says

The AI-Driven Enterprise Institute released new research that breaks down how well S&P 500 companies are adopting AI compared to their peers....

1 week ago

AI revolution is '50x bigger' than the dotcom boom: SoftBank's Masayoshi Son to CNBC

The AI revolution will be 50 times bigger than the Dotcom revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC Monday....

1 week ago

Berkshire buys Taylor Morrison for $6.8 billion. Buffett touts Abel’s dealmaking

The acquisition marks one of the first major strategic deals under Warren Buffett's successor Greg Abel, who took over as CEO in the beginning of 2026....

1 week ago

Arm, IBM and Hewlett Packard soar as Nvidia chip 'reinvention' extends software rally

Shares in software compares surged ahead of Monday's opening bell....

1 week ago

Trump hits out at ‘chirping’ critics as Iran peace talks enter new month at impasse

Trump's Truth Social post comes as air strikes between the U.S. and Iran resumed over the weekend....

1 week ago

Nvidia jumps into PCs with new Arm-based chip debuting in laptops from Microsoft, Dell, HP

Nvidia CEO Jensen Huang unveiled a long-awaited Arm-based PC chip, breaking into PCs for the first time on new laptops by Dell, Microsoft, HP, ASUS and others....

1 week ago

Nvidia picks Unitree for humanoid robot platform as Chinese startup eyes IPO

The U.S. chipmaker's first publicly available humanoid robotics system will use humanoids from Chinese startup Unitree....

1 week ago

China’s factory activity beats forecasts in May, private survey shows, despite softer official data

China’s manufacturing activity expanded faster than expected in May, according to a private survey released Monday, although growth slowed from April....

1 week ago

Oil jumps 2% as Israel expands Lebanon offensive, rattling ceasefire hopes

Oil prices surged on Monday after Israel instructed troops to push deeper into Lebanon amid renewed clashes with the Iran-backed Hezbollah group....

1 week ago

Asia-Pacific markets set to open mixed as Trump signals no rush on Iran agreement

Asia-Pacific markets were set to open mixed on Monday as investors monitored lingering uncertainty around U.S.-Iran negotiations....

1 week ago

Japanese bond yields are the highest in 40 years. The budget and a 'red flag' from PM Takaichi have markets nervous

Japanese bond yields have reached the highest levels in 40 years. The budget and a `red flag' from Prime Minister Takaichi have made markets nervous....

1 week ago

My guide to the IPOs of SpaceX, OpenAI and Anthropic — including the one I really want to buy

These three expected deals will define 2026 and maybe even 2027. Here's my advice on how to play them....

1 week ago

U.S. and Iran still without deal to end war after Trump says he's not in a 'hurry'

Trump threatened further military action if negotiations break down and the U.S. does not receive the concessions from Iran it desires....

1 week ago

Former Barclays CEO Jes Staley agrees to July 23 interview about Jeffrey Epstein by Oversight panel

Microsoft co-founder Bill Gates is scheduled to be interviewed about his relationship to the sex offender Jeffrey Epstein in June....

1 week ago

Eva Longoria says this quality is more important than an Ivy League education: 'Do you have the capacity to figure it out?'

Actor, director and entrepreneur Eva Longoria says this is a top quality she looks for when making a hire or partnering with new people....

1 week ago

Here are the 4 big things we're watching in the stock market in the week ahead

Earnings from CrowdStrike, Palo Alto Networks and Broadcom. Plus, jobs data, Computex and progress on spin-offs....

1 week ago

In deeply red Oklahoma, minimum wage’s biggest 2026 election cycle fight is about to be decided

Oklahomans will soon vote on a measure to double the minimum wage, an election issue that may reflect the economic mood and inflation outlook across parties....

1 week ago

SoftBank plans 75 billion euros of AI investments in France, as Europe struggles to catch up with U.S. and China

The Japanese tech giant plans to develop and operate 5 GW of AI data center capacity in France, with an initial 3.1 GW of facilities in the country's north....

1 week ago

Why Trump reversed course to fast-track psychedelic drugs for mental healthcare

President Donald Trump is trying to fast-track research into psychedelics as treatments, creating new opportunities and risks....

1 week ago

Top Wall Street analysts see robust growth potential in these 3 stocks

Investors keen on capitalizing on the AI boom can track recommendations from top Wall Street analysts...

1 week ago

Disney is poised to ramp its already booming advertising business. Rita Ferro is behind the push

Disney is selling ads for the Super Bowl, Oscars and Grammys in 2027, all major advertising revenue drivers. Global ad president Rita Ferro is leading the charge....

1 week ago

Defense spending, China in Asia and lessons from Ukraine: Takeways from the 2026 IISS Shangri-La Dialogue

The summit sees top world leaders, defence officials and key executives gathering in Singapore from May 29 to 31...

1 week ago

Japan seeks candid dialog, defense minister says, rejecting 'neo-militarism' claims

Koizumi calls for transparency and dialog as he addresses tensions in the region....

1 week ago

DOJ seeks Judge Eleanor Ross recusal in Georgia election case, citing reports she was disciplined

The DOJ is suing Georgia Secretary of State Brad Raffensberger over his refusal to give the department election records....

1 week ago

Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade

With Elon Musk's SpaceX IPO ahead, retail investors are rushing into space-themed ETFs including NASA which offers direct access to the rocket company....

1 week ago

At least 3.5 million people have lost food stamp access as Trump's 'big beautiful bill' cuts take effect, analysis finds

Even as Americans confront higher costs, millions of people have lost Supplemental Nutrition Assistance Program food benefits....

1 week ago

Travelers to Europe may be leaving money on the table. Here's why

Travelers to Europe who buy certain merchandise can claim a refund of the value-added taxes they pay....

1 week ago

Oil exports through the Strait of Hormuz might not return to levels seen before the Iran war

Iran's blockade of the Strait of Hormuz has seriously challenged freedom of navigation in the sea lane, raising questions about the future....

1 week ago

3 themes that drove stocks to another week of records — and a banner month

The S&P 500 extended its winning streak to nine weeks....

1 week ago

Will Gen Z be the generation to revive moviegoing?

Gen Zers like affordable, social experiences and are driving demand for anime and video game titles at the theaters....

1 week ago

This Trump-linked startup plans to put humanoid robots in the military

With ties to the Trump family, Foundation Robotics Labs is aiming to deploy humanoid robots in the military in the next 12 to 18 months....

1 week ago