Month: October 2025
South Korea’s Kospi hits record high as Samsung and SK Hynix soar on OpenAI partnership
The Seoul skyline. Mongkol Chuewong | Moment | Getty Images South Korea’s Kospi index jumped more than 3% Thursday to hit an all-time high, lifted by gains in heavyweight Samsung Electronics and SK Hynix. Shares in Samsung Electronics and SK Hynix, which announced a partnership with OpenAI late Wednesday to supply memory chips, rose over […]
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CNBC Daily Open: Unpleasant news from the U.S. appears to be making investors cheery
Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE On Wednesday, the U.S. government ground to a halt. Stock markets, however, jumped — one benchmark even hit a record high. Traders in prediction markets are betting the shutdown will last nearly two weeks. Nothing too radical, since that’s the average length […]
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SK Hynix shares hit multidecade highs, Samsung also surges as chipmakers partner with OpenAI
Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Shares of South Korean chip heavyweights Samsung Electronics and SK Hynix surged Thursday, a day after the two companies partnered with artificial-intelligence major OpenAI as part of the U.S. firm’s Stargate initiative. Shares of Samsung hit […]
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Stock futures are little changed as investors look past government shutdown: Live updates
A trader works at the New York Stock Exchange on Oct. 1, 2025. NYSE Stock futures are little changed Wednesday night after the S&P 500 logged a fresh high and investors appeared to shrug off concerns tied to the latest U.S. government shutdown. Futures tied to the Dow Jones Industrial Average fell 20 points, or […]
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Trump administration cancels nearly $8 billion in climate funding to blue states: Vought
U.S. House Speaker Mike Johnson, a Republican from Louisiana, from left; Russell Vought, director of the Office of Management and Budget; Senate Majority Leader John Thune, a Republican from South Dakota; and U.S. Vice President JD Vance speak to members of the media following a meeting at the White House in Washington, D.C., on Sept. […]
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Microsoft sales chief Althoff gets new role as CEO of company’s commercial business
President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena in Seattle, Washington, on April 23, 2015. Mat Hayward | Getty Images Microsoft‘s top-ranking sales leader, Judson Althoff, has been promoted to a bigger role as CEO of the company’s commercial business. Satya Nadella, Microsoft’s CEO, wrote in a memo […]
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S&P 500 closes above 6,700 for first time as traders bet on short-lived shutdown
Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE The S&P 500 closed at a record high on Wednesday as traders were hopeful that a U.S. federal government shutdown would be brief and possibly have little impact on the economy. The broad market index gained 0.34% to close at 6,711.20. Earlier, […]
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Hundreds of migrants mount protest in southern Mexico in bid to legalize status
Migrants walk in a caravan during U.S. Presidential election day, in an attempt to reach Mexico’s northern border, in Tapachula, Mexico November 5, 2024. Daniel Becerril | Reuters A group of about 1,200 migrants set out walking before dawn in southern Mexico on Wednesday aiming for the capital where they hoped to legalize their immigration status and find more […]
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Santoli’s Wednesday market wrap-up: Mixed but resilient tape pushes stocks to new highs
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) A new quarter but the same old routine in the markets: A mixed but resilient tape pushing the benchmark index to new highs through persistent momentum in core AI plays, retail-trader favorites and […]
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NASA employees on Artemis missions with SpaceX, Blue Origin to work through shutdown
U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images NASA is requiring employees involved in Artemis missions with contractors SpaceX and […]
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