Nvidia last week struck a deal with the U.S. government to resume selling products in China, in exchange for giving…
Category: News – CNBC
Silicon Valley’s AI deals are creating zombie startups: ‘You hollowed out the organization’
Unable to make big AI purchases because of regulatory hurdles, tech giants have spent billions to buy top talent from…
Bitcoin sinks to $115,000 after hitting its newest record, as macro concerns spark liquidation wave
The crypto market tumbled to begin the week as heightened macro concerns triggered more than $500 million in long liquidations.…
When ‘invest like the 1%’ fails: How Yieldstreet’s real estate bets left customers with massive losses
Customers of the private markets startup Yieldstreet said they face huge losses on real estate investments that turned out to…
White House envoy claims Russia agreed to ‘Article 5-like’ security guarantees for Ukraine
Special Envoy Steve Witkoff's remarks come just days after President Donald Trump met in Alaska with the Russian president to…
Samsung taking market share from Apple in U.S. as foldable phones gain momentum
Samsung introduced two folding phones in July that are garnering praise on social media and putting pressure on Apple to…
Trump hails meeting with Putin as ‘productive’ after talks over Ukraine fail to reach a breakthrough
Following the Friday meeting Trump said, "There's no deal until there's a deal." ...
OpenAI in talks to sell around $6 billion in stock at roughly $500 billion valuation
The talks are still in early stages and the details could change. ...
UnitedHealth shares jump the most in 5 years after Buffett’s new stake is revealed
The advance came after Buffett's conglomerate Berkshire Hathaway revealed a stake of five million shares, worth about $1.6 billion. ...
Who will Trump pick for Fed chair? Hear from all the candidates in their own words
President Trump's short list to replace Jerome Powell as Fed chair has turned into a long list of nearly a…
Wholesale prices rose 0.9% in July, much more than expected
The producer price index was expected to show a 0.2% increase for July, according to the Dow Jones consensus estimate.…
Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut
Sumerlin said on CNBC that lowering the Fed's key rate would be an easy decision now. ...