Month: October 2025
WTO hikes global trade forecast for 2025 — but next year doesn’t look so good
A cargo ship sits outside of the Port of Elizabeth marine terminal seen from Bayonne, New Jersey, U.S., April 9 2025. Shannon Stapleton | Reuters The World Trade Organization on Tuesday hiked its forecast for global trade growth in 2025 but warned that the outlook for 2026 had deteriorated. In its latest “Global Trade Outlook […]
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Qualcomm acquires Italian hardware company Arduino to push deeper into robotics
The Qualcomm Incorporated logo is being displayed at their pavilion during the Mobile World Congress in Barcelona, Spain, on February 28, 2024. Joan Cros | Nurphoto | Getty Images Qualcomm wants to get closer to robot makers. The company said Tuesday that it’s acquiring Arduino, an electronics maker whose inexpensive programmable circuit boards and computers […]
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Inside Alts: How Ares is capitalizing on the ‘retail revolution’ in alternative assets
A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. At Ares Management’s analyst day last month, the alternative asset manager quietly bumped up its […]
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AMD is rallying day two after a very bullish call from Wall Street
AMD shares were jumping again on Tuesday, a day after its market-moving partnership with OpenAI was announced, as Jefferies ratcheted up the chipmaker’s stock price target and upgraded it to boot. Jefferies upgraded AMD to buy from hold and raised its price target to $300 from $170. The new target represents nearly a 50% gain […]
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Laura Modi, CEO and mom, is breaking one of the market’s biggest duopolies: Infant formula
Laura Modi, co-founder and CEO of infant formula startup Bobbie, is on a mission to transform an industry that she says has been stagnant for decades, and shift the culture around how parents feed their babies. Modi, a former Airbnb executive, came up with the idea for Bobbie after the birth of her first child. […]
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Nobel physics prize goes to pioneers of quantum mechanics
Photos of (LtoR) British physicist John Clarke at the University of California, USA, French physicist Michel H Devoret (University of California and Yale) and US physicist John M Martinis (University of California) are seen on a screen during a press conference on the awarding of the 2025 Nobel Prize in Physics at the Royal Swedish […]
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Inside Rivian’s design factory and the story behind those distinct headlights
Rivian made a name for itself when it unveiled one of the first electric pickup trucks, the R1T, in 2018. It followed that up with an SUV built off the same platform, the R1S, and has since built a passionate fan base around a brand that celebrates adventure and the outdoors. Now it’s preparing for […]
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European stocks edge higher as French crisis weighs on sentiment; Gucci-owner Kering up 6%
LONDON — European stocks were higher on Tuesday afternoon, with all eyes on France after the resignation of Prime Minister Sebastien Lecornu plunged the country into a fresh political crisis. The pan-European Stoxx 600 index was up 0.2% by 12:10 p.m. in London (7:10 a.m. ET), with most sectors and major bourses in positive territory. […]
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NYSE-owner Intercontinental Exchange rises on report of $2 billion Polymarket stake
Key Points The deal is expected to value prediction Polymarket between $8 billion and $10 billion, the report said. The report comes as prediction markets become more mainstream. Source
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