Month: November 2025
Adobe to buy Semrush for $1.9 billion, sending marketing platform’s shares up 70%
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe said Wednesday that it reached a deal to acquire search engine marketing platform Semrush for $1.9 billion to boost its tools for marketers in the age of […]
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Watch: Elon Musk, Jensen Huang talk AI at U.S.-Saudi Investment Forum
The stream was slated to start at 11:00 a.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above. Tesla CEO Elon Musk and Nvidia CEO Jensen Huang will speak in Washington at the U.S.-Saudi Investment Forum Wednesday at The Kennedy Center. […]
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Klimt painting sells for record $236 million, reviving hopes for the art market
People talk near the Leonard A. Lauder Collection (Portrait of Elisabeth Lederer) during a preview of the auction house Sotheby’s new headquarters in Manhattan, New York City, U.S., November 7, 2025. Eduarod Munoz | Reuters Gustav Klimt’s “Portrait of Elisabeth Lederer” sold at Sotheby’s Tuesday night for $236.4 million, making it the second-most expensive painting […]
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Blue Owl calls off merger of its two private-credit funds after announcement rattles stock
Blue Owl has decided to call off the merging of two of its private-credit funds after the deal caused some angst among investors, according to people familiar with the matter. The firm had planned to merge its smaller, non-traded Blue Owl Capital Corporation II (OBDC II), into the larger, publicly traded fund Blue Owl Capital […]
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From $1 trillion spending to F-35s, U.S.-Saudi pledges aren’t done deals yet
U.S. President Donald Trump welcomes Saudi Crown Prince and Prime Minister Mohammed bin Salman during an arrival ceremony on the South Lawn of the White House in Washington, D.C., U.S., November 18, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump trumpeted Saudi Arabia’s $1 trillion investment pledge in the States and the potential sale […]
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Porsche reveals all-electric Cayenne SUV, ‘most powerful’ production vehicle ever made by sports car company
The 2026 Porsche Cayenne Electric SUV Porsche Porsche on Wednesday revealed an all-electric version of its Cayenne SUV, calling it the “most powerful” production vehicle ever made by the German sports car manufacturer. The 2026 Cayenne EV is capable of 1,139 horsepower, 0-60 mph in 2.4 seconds and up to 1,106 foot-pounds of torque, according […]
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Court blocks Texas from using new congressional map backed by Republicans
State Representative Matt Morgan (R-TX) holds a map of the new proposed congressional districts in Texas, during a legislative session as Democratic lawmakers, who left the state to deny Republicans the opportunity to redraw the state’s 38 congressional districts, begin returning to the Texas State Capitol in Austin, Texas, U.S. August 20, 2025. Sergio Flores […]
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Stocks making the biggest moves premarket: Target, Lowe’s, Viking, Bullish and more
Check out the companies making the biggest moves in premarket trading: Target — The retailer fell nearly 3% after it cut full-year earnings guidance . The company said it expects earnings per share to range between $7 and $8. Target previously expected its full-year profit to come in between $7 per share and $9 per […]
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Nvidia earnings, Target’s profit outlook, Meta’s antitrust victory and more in Morning Squawk
The Nvidia logo is displayed on a building at Nvidia headquarters on August 27, 2025 in Santa Clara, California. Justin Sullivan | Getty Images News | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: […]
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Larry Summers resigns from OpenAI board after release of emails with Epstein
Larry Summers, president emeritus and professor at Harvard University, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty Images Former Treasury Secretary Larry Summers said Wednesday that he will resign from the board at OpenAI after the release of emails between him and the notorious sex offender Jeffrey Epstein. Summers had announced […]
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