Month: December 2025
Taiwan bans Chinese social media app RedNote for one year on fraud risks
Taiwan on Thursday announced an immediate one-year ban on the Chinese social media network Xiaohongshu, saying the app posed a risk of fraud. Taiwan’s interior ministry said in a statement that it will block access to Xiaohongshu, also known in English as Rednote, calling it a potential “high-risk area for online shopping fraud.” Authorities linked the platform to […]
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CNBC Daily Open: It’s a rich Nvidia’s world
Jensen Huang, CEO of Nvidia, attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters A 2025 refrain many of us likely have heard would be: “You’re buying that? You’re doing that? In this economy?” But this problem does not seem to extend to the world’s most valuable company […]
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India cuts rates to 5.25% as expected as central bank flags ‘weakness in some key economic indicators’
The Reserve Bank of India logo outside its headquarters in Mumbai on Feb. 7, 2025. Indranil Mukherjee | Afp | Getty Images India’s central bank cut its policy rate by 25 basis points to 5.25%, matching forecasts from economists polled by Reuters. The monetary policy committee delivered a unanimous reduction, citing “weakness in some key […]
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‘China’s Nvidia’ Moore Threads surges over 400% on trading debut after $1.1 billion listing
An illustration photo shows Moore Threads logo in a smartphone in Suqian, Jiangsu Province, China on October 30, 2025. Cfoto | Future Publishing | Getty Images Shares of Moore Threads, a Beijing-based graphics processing unit (GPU) manufacturer often referred to as “China’s Nvidia,” soared by more than 400% on its debut in Shanghai following its […]
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CNBC Daily Open: Money, money, money, in Nvidia’s world
Nvidia President and CEO Jensen Huang speaks to the media as he arrives for a meeting with the Senate Banking Committee on Capitol Hill on December 3, 2025 in Washington, DC. Anna Moneymaker | Getty Images A 2025 refrain many of us likely have heard would be: “You’re buying that? You’re doing that? In this […]
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Some AI stocks that trade at a reasonable price, according to Citigroup
Investors should turn to less explored pockets of the market to find stocks that are a play on the artificial intelligence boom but also offer growth at a reasonable price (GARP), Citigroup analysts say. Discernment is growing in the tech sector amid concern of an AI investment bubble, recently driving a wedge between winners and […]
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Asia-Pacific markets slide after subdued Wall Street session
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets opened lower Friday following a subdued Wall Street session. Australia’s ASX/S&P 200 fell 0.17%. Japan’s benchmark Nikkei 225 index lost 1.36%, while the Topix declined 1.12%. Yields on the Japanese 10-year government bond rose to 1.94%, the highest since July 2007, data from LSEG […]
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Supreme Court revives pro-Republican Texas voting map
The U.S. Supreme Court revived on Thursday a redrawn Texas electoral map designed to add more Republicans to the U.S. House of Representatives, boosting President Donald Trump’s quest for his party to keep control of Congress in the 2026 midterm elections. The justices granted a request by Texas officials to lift a lower court’s ruling that had blocked the state from using the Trump-backed map, which could […]
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Salesforce CEO calls AI a ‘commodity feature’, says the technology bolsters enterprise software
As Wall Street worries that advancements in artificial intelligence will hurt enterprise software companies, Salesforce CEO Marc Benioff told CNBC’s Jim Cramer a large language model is “just a commodity feature” that strengthens his company’s products. “All these large language models are the same. We just want the lowest cost one, then we plug it […]
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Stock futures are little changed ahead of key inflation data: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on December 02, 2025 in New York City. Spencer Platt | Getty Images Stock futures are little changed Thursday night as traders await inflation data that could further inform the Federal Reserve’s upcoming interest rate decision. Futures tied to the Dow Jones Industrial […]
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