Month: June 2025
U.S. travelers are cutting back on summer Europe trips — but Chinese tourists are making up for it
Tourists and locals enjoy a warm spring day with high temperatures in El Postiguet Beach. Marcos Del Mazo | Lightrocket | Getty Images U.S. tourists seem to be cutting back on summer trips to Europe — but Chinese travelers are more than making up for it, a study found. Data from the European Travel Commission […]
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China’s rare-earth mineral squeeze puts defense giants in the crosshairs
Crews walk towards a Royal Navy F-35B Lightning fighter jet to prepare it for take-off from the deck of British aircraft carrier HMS Prince Of Wales, in an undisclosed location, on April 24, 2025, following its deployment to the Indo-Pacific region. Richard Pohle | Afp | Getty Images The automotive and robotics industries have been […]
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Stocks making the biggest moves premarket: J.M. Smucker, Taiwan Semiconductor, Tesla and more
Check out the companies making headlines before the bell. Insmed – Shares surged more than 26%. The global biopharmaceutical company announced positive results Tuesday from a Phase 2b study of treprostinil palmitil inhalation powder, a once-daily treatment for pulmonary arterial hypertension. J.M. Smucker – The food company’s stock pulled back about 8% after its fourth-quarter […]
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Why the Switch 2 is so important for Nintendo
Nintendo just released the Switch 2, its first new game console in eight years. The original Switch was wildly popular, selling 15 million units in its first year, more than any prior Nintendo console. The company says its was the second most successful console in its history. The Switch also beat out the competition, topping […]
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Paramount to cut 3% of U.S. workforce as it deepens cost-cutting
The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global is cutting its U.S.-based staff by 3.5%, or several hundred employees, in the latest round of layoffs at the media company as it contends with the decline of the traditional pay-TV bundle and macroeconomic headwinds. The […]
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Where the axe might fall in the UK’s spending review
UK Chancellor of the Exchequer Rachel Reeves at a roundtable meeting during her visit to the British Steel site on April 17, 2025 in Scunthorpe, England. Wpa Pool | Getty Images News | Getty Images The U.K. Treasury is poised to set out day-to-day spending and investment plans for all government departments on Wednesday, with […]
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Anduril tops 2025 CNBC Disruptor 50 list as interest and investment in defense tech booms
Igor Gnedo, Antonina Lepore & Adrianne Paerels This year’s Disruptor 50 list, topped by Anduril in the No. 1 spot, and then OpenAI, showcases 50 companies that are challenging the status quo and using technology (most often, AI) to transform a range of industries. What’s particularly notable about this year’s list is how the sectors […]
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2025 CNBC Disruptor 50: See the full list of companies leading new era of AI breakthroughs and riches
The race for global supremacy in AI and the existential threat it represents to the status quo in the tech industry, and beyond, has led to record venture investment in startups. The top five companies on this year’s Disruptor 50 list — including a new No. 1 Disruptor from the defense tech sector — have […]
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2025 CNBC Disruptor 50: How we chose companies on this year’s list
The top five companies on the 2025 CNBC Disruptor 50 list — Anduril, OpenAI, Databricks, Anthropic and Canva — have a combined valuation of just under $500 billion. This is more than the combined total valuation of almost every past Disruptor 50 list of the last 12 years. OpenAI, the company that sparked a global […]
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Microsoft-backed AI lab Mistral is launching its first reasoning model in challenge to OpenAI
French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024. Chesnot | Getty Images Entertainment | Getty Images French artificial intelligence firm Mistral is on Tuesday launching its first reasoning model to compete with rival options […]
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