Day: March 18, 2025
CNBC Daily Open: Markets rise for the second day as U.S. consumers continue spending
Shoppers in New York City, U.S., on Feb. 2, 2025. Robert Nickelsberg | Getty Images News | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For the skeptics, that is like desperately […]
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Baidu, once China’s generative AI leader, is battling to regain its position
Baidu has launched a slew of AI applications after its Ernie chatbot received public approval. Sopa Images | Lightrocket | Getty Images Chinese tech giant Baidu has released two new artificial intelligence models as it vies to regain its leading position in the country’s fiercely competitive AI space. The Baidu models launched Sunday included the […]
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European markets head for higher open ahead of German debt reform vote
European markets are heading for a higher open, with investor focus on the German government as it votes on historic debt reforms on Tuesday. The U.K.’s FTSE 100 index is expected to open 18 points higher at 8,696, Germany’s DAX up 90 points at 23,207, France’s CAC 21 points higher at 8,091 and Italy’s FTSE MIB […]
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Boeing Starliner astronauts who were supposed to be in space for nine days returning to Earth after nine months on ISS
NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing’s Starliner to the International Space Station on NASA The two U.S. astronauts who had been at the International Space Station for nine months after their faulty Boeing Starliner capsule returned without them are finally heading home. NASA astronauts Butch Wilmore and […]
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Baidu shares jump 10% following release of new open-source AI models
ZHEJIANG, CHINA – MARCH 16 2023: A view of the logo of ERNIE Bot, an AI chatbot service developed by Chinese search engine Baidu, March 16, 2023. Long Wei | Future Publishing | Getty Images Shares of Chinese tech giant Baidu were trading up 10.7% in Asia on Tuesday, as investors appeared to react positively […]
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Israel attacks targets in Gaza as ceasefire deadlock breaks
Palestinians walk among the rubble of homes in Gaza on March 17, 2025. Majdi Fathi/Nurphoto | Nurphoto | Getty Images The Israeli military said it hit targets across Gaza early on Tuesday, ending a weeks-long standoff over extending the ceasefire that halted fighting in January, with Palestinian health ministry officials reporting at least 100 dead. Strikes were reported in multiple locations, including […]
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BYD shares rally after it rolls out new technology that charges EVs in five minutes
A BYD Plus DM-i electric vehicle is seen on display at a showroom in the Jing’an district of Shanghai on March 11, 2025. Hector Retamal | Afp | Getty Images Shares of China’s BYD rallied on Tuesday after the company announced a new technology that it claims can charge electric vehicles almost as quickly as […]
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Shares in Japan’s largest trading houses rally after Buffett’s Berkshire hikes stake
Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. Bloomberg | Bloomberg | Getty Images Shares of the largest Japanese trading houses rallied on Tuesday after Warren Buffet’s Berkshire Hathaway raised its stakes in them overnight. The 94-year-old investor’s holding company raised its holdings in five […]
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Billionaire Ray Dalio attributes his success to meditation — and shares his ‘best advice’ for others
Bridgewater Associates’ Ray Dalio on stage at CNBC’s CONVERGE LIVE in March. Courtesy of CNBC Billionaire Ray Dalio says we’re living in a time of rapid change, as geopolitical tensions rise, economic systems shift and technology develops faster than ever before. As people grapple with what he called the “changing world order,” Dalio says it’s […]
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CNBC Daily Open: Stocks post second winning day as U.S. consumers show signs of holding up
Shoppers at the grand opening of Wegmans supermarket on Feb. 26, 2025 in Lake Grove, New York, U.S. Howard Schnap | Newsday | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For […]
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