Month: January 2025
Sam Altman touts OpenAI-Microsoft alliance, says next phase will be ‘better than anyone is ready for’
Former OpenAI CEO Sam Altman and and Microsoft CEO Satya Nadella at OpenAI’s DevDay in San Francisco on Nov. 6, 2023. Hayden Field | CNBC OpenAI CEO Sam Altman suggested on Tuesday that the relationship between his company and Microsoft is going strong. Altman posted a picture with Microsoft CEO Satya Nadella on X, and […]
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Mystery around top-ranked Rockefeller book grows as university publisher denies involvement
A print copy of “The 38 Letters from J.D. Rockefeller to his son: Perspective, Ideology and Wisdom” purchased on Amazon. CNBC The mystery around a top-selling Amazon book attributed to John D. Rockefeller has grown to include a university publisher, which denies any involvement in the book despite being listed as it’s publisher. CNBC began […]
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Mark Cuban is in cash and wasn’t buying the dip in Monday’s market slump
It’s too early to know how DeepSeek’s apparent breakthrough on artificial intelligence will change the public markets, billionaire entrepreneur Mark Cuban told CNBC on Tuesday. Appearing on ” Halftime Report ,” Cuban said he has had a large portion of his investment portfolio in cash because of concern about tariffs and other policy uncertainty, and […]
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Trump funding freeze challenged in lawsuit by nonprofits, small business group
U.S. President Donald Trump looks on as reporters ask questions aboard Air Force One during a flight from Las Vegas, Nevada, to Miami, Florida, U.S., January 25, 2025. Leah Millis | Reuters Non-profit groups and a small-business organization filed a lawsuit on Tuesday asking a judge to temporarily block a funding freeze ordered by the […]
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Stocks making the biggest moves midday: General Motors, Lockheed Martin, Nvidia and more
Check out the companies making headlines in midday trading: JetBlue — Shares plunged 26% after the airline shared a disappointing cost outlook . JetBlue estimated that its unit costs, excluding fuel, could rise as much as 7% year over year in 2025 and 10% year over year for the first quarter. Despite this, JetBlue beat […]
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Everything you missed at Davos 2025: Highlights from CNBC’s coverage at the World Economic Forum’s annual meeting
Davos, Switzerland once again played host to the World Economic Forum’s annual meeting, where many of the world’s most influential voices convened to discuss the pressing global issues impacting global economies, ranging from geopolitics to artificial intelligence and the energy transition. Davos, Switzerland once again played host to the World Economic Forum’s annual meeting, where […]
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Google employees petition for ‘job security’ ahead of expected cuts
The Google logo is displayed during the Made By Google event at Google headquarters on August 13, 2024 in Mountain View, California. Justin Sullivan | Getty Images Google employees have begun circulating an internal petition titled “job security” ahead of expected cost cuts this year, CNBC has learned. The petition has been signed by more […]
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JetBlue CEO on earnings: Q1 is a trough quarter for us and that’s what we’re seeing
Joanna Geraghty, JetBlue CEO, joins ‘Money Movers’ to discuss the company’s quarterly earnings results, if the brand’s JetForward strategy is working, and much more. Source
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A hedge on Tesla in case earnings this week show Musk is more focused on DC than EV maker
Tesla (TSLA) will report earnings Wednesday after the bell. Elon Musk generally leads the company’s earnings calls, however this is the first since his appointment as the head of the Department of Government Efficiency (DOGE) in President Donald Trump’s administration. While business leaders have held advisory roles or influenced policy externally, assuming a formal position […]
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World’s largest luxury group LVMH posts better than feared full-year sales
A Louis Vuitton storefront in San Diego, California. Kevin Carter | Getty Images News | Getty Images The world’s largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector. The owner of brands including Louis Vuitton, Moët & Chandon and Hennessy posted […]
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