Month: November 2025
European markets open 1% higher as Nvidia results ease investor concerns over AI bubble
LONDON — European markets were higher at the opening bell on Thursday as investors react to strong earnings by artificial intelligence darling Nvidia. The pan-European Stoxx 600 rose 1% in the first few minutes of trade. Stock Chart IconStock chart icon A graph of the pan-European Stoxx 600 Index Nvidia posted third-quarter results after the […]
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CNBC Daily Open: What does Nvidia CEO see from his ‘vantage point’?
Jensen Huang, chief executive officer of Nvidia Corp., during a news conference on the sidelines of the APEC CEO Summit in Gyeongju, South Korea, on Friday, Oct. 31, 2025. SeongJoon Cho | Bloomberg | Getty Images Nvidia on Wednesday stateside reported fiscal third-quarter figures that beat analyst expectations (ironically, nothing unexpected there). It also provided […]
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‘Robotaxi has reached a tipping point’: Baidu, Nvidia leaders see momentum as competition rises
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese robotaxi companies are expanding abroad at a faster clip than U.S. rivals Waymo and Tesla — at a time when industry leaders say autonomous driving is finally near an inflection point. “I […]
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A cold gold rush? The race for the Arctic’s critical minerals is heating up
Traditional painted houses overlooking sea ice in the Old Nuuk district near the Sermitsiaq mountain in Nuuk, Greenland, on Thursday, April 3, 2025. Bloomberg | Bloomberg | Getty Images A global scramble to exploit the Arctic’s untapped resources appears to be kicking into overdrive. In a push to break China’s mineral dominance, countries around the […]
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‘Landmark partnership’: Singapore’s SGX ties up with Nasdaq for dual listings to boost stock market
Signage for SGX Group at the Singapore Exchange Ltd. stock exchange headquarters in Singapore, on Monday, July 14, 2025. Bloomberg | Bloomberg | Getty Images Singapore is doubling down on its efforts to make the city-state’s stock market more attractive for companies and investors. The country’s bourse has tied up with the Nasdaq to simplify […]
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Walmart will report earnings before the bell. Here’s what to expect
A sign with the Walmart logo is seen outside of a Walmart store in Selinsgrove. Paul Weaver | SOPA Images | Lightrocket | Getty Images Walmart will report fiscal third-quarter earnings before the bell on Thursday and give the latest read on consumer spending as the retail industry heads into the holiday season. Here’s what […]
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Trump to meet with New York Mayor-elect Zohran Mamdani at White House on Friday
New York City mayoral candidate Zohran Mamdani reacts during a “New York is Not For Sale” rally at Forest Hills Stadium, in the Queens borough of New York City, U.S., October 26, 2025. Eduardo Munoz | Reuters President Donald Trump said on Wednesday night that he will meet with New York City Mayor-elect Zohran Mamdani […]
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China leaves benchmark lending rates unchanged for the sixth straight month
China left benchmark lending rates unchanged on Thursday for the sixth consecutive month in November, matching market expectations. Why it’s important The steady loan prime rate (LPR) fixings underscore the central bank’s reduced urgency to deliver additional monetary easing in the wake of a trade truce between Beijing and Washington, even as October economic data pointed […]
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Nvidia’s beat and raise should wow even its most hardened critics, and the stock soars
Nvidia on Wednesday evening delivered better-than-expected quarterly results, with a guide that should impress even those with the highest of expectations. Revenue in the company’s fiscal 2026 third quarter grew 62% year over year to $57.01 billion, outpacing the $54.92 billion the Street was looking for, according to estimates compiled by data provider LSEG. Adjusted […]
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House Democrat Cherfilus-McCormick charged with stealing $5M in Covid aid funds
Congresswoman Sheila Cherfilus-McCormick, Fla.-20th, hosts a news conference regarding the ongoing crisis in Haiti on March 11, 2024, in Fort Lauderdale, Florida. South Florida Sun-sentinel | Tribune News Service | Getty Images A federal grand jury charged U.S. Rep. Sheila Cherfilus-McCormick, D-Fla., with stealing $5 million in Covid-19 disaster funds — a chunk of which […]
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