Month: October 2025
Musk teases Tesla Roadster demo by year-end. He’s been hyping a new one since 2017
Toyota Motor Corp President Akio Toyoda gets out of a Tesla Motor’s Roadster electric car with Tesla Motors Chief Exective Officer Elon Musk (behind car) upon their arrival at a news conference in Tokyo November 12, 2010. Issei Kato | Reuters Eight years ago, Tesla CEO Elon Musk promoted a next-generation Roadster, basing the name of the […]
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Pfizer sues Metsera, Novo Nordisk over rival obesity drug bid
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Pfizer said on Friday it had filed a lawsuit against Metsera and Novo Nordisk saying Metsera breached its merger agreement obligations in declaring the Danish drugmaker’s $8.5 billion bid for the U.S. obesity drug developer to be a superior offer. Pfizer asked the Delaware court where it filed the lawsuit to issue a temporary restraining order to […]
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Nexperia cuts wafer supplies to Chinese plant, ratcheting up chip disruptions
The logo of Chinese-owned semiconductor company Nexperia is displayed at the chipmaker’s German facility, after the Dutch government seized control and auto industry bodies sounded the alarm over the possible impact on car production, in Hamburg, Germany, Oct. 23, 2025. Jonas Walzberg | Reuters Dutch chipmaker Nexperia has suspended supplies of wafers to its Chinese assembly plant, according to a letter addressed to its […]
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Trump reveals marble-covered Lincoln Bathroom as White House remodels move forward amid shutdown
White House Lincoln Bathroom Renovation. Source: @realdonaldtrump | Truth Social First the Oval Office, then the East Wing — and now, the Lincoln Bedroom’s bathroom. President Donald Trump is plowing ahead with his inside-and-out remodel of the White House, and he’s happy to show off the changes — even as critics slam him as “tone […]
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SNAP benefits must continue despite shutdown, judge tells Trump administration
US President Donald Trump (R) speaks during a meeting with Australia’s Prime Minister Anthony Albanese in the Cabinet Room at the White House in Washington, DC, on Oct. 20, 2025. Saul Loeb | AFP | Getty Images A federal judge in Rhode Island on Friday blocked the Trump administration from ceasing to pay SNAP benefits […]
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Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts
Shoppers carry Macy’s and Nordstrom bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The Bureau of Economic Analysis is scheduled to release personal spending figures on December 20. David Paul Morris | Bloomberg | Getty Images While the impact so far this year has been muted, tariffs are expected […]
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Stocks making the biggest moves midday: Amazon, Twilio, Reddit, Cloudflare, First Solar and more
These are some of the stocks posting the largest moves midday. Source
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Cramer says Amazon CEO Andy Jassy just sent a very expensive message to the bears
It was not surprising that Amazon shares surged on Friday morning after the company’s “show me” quarter proved to be a “show of major force” from CEO Andy Jassy, according to CNBC’s Jim Cramer. Amazon reported third-quarter results Thursday evening that reignited investor enthusiasm in its cloud business, Amazon Web Services, the biggest in the […]
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Don’t own any Apple? Gear up to buy some if the stock keeps falling
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. The S & P 500 and Nasdaq Composite pushed higher Friday, buoyed by strength in Big Tech names like Club holding Amazon . The e-commerce giant reported a blockbuster […]
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As big tech pushes AI spending to the max, you may be helping to pay for it
As the tech industry’s giants race to build out AI infrastructure — Microsoft spent $34.9 billion in just one quarter while Meta plans to spend up to $72 billion this year — they may not be the only ones footing the multi-hundred-billion-dollar bill. The consumer is increasingly facing AI-soaked subscription tiers as tech firms attempt to […]
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