Month: December 2025
Microsoft will raise prices of commercial Office subscriptions in July
A general view of the Microsoft office building is seen in Cologne, Germany, on November 18, 2025. Nurphoto | Nurphoto | Getty Images Microsoft said Thursday that it will increase the prices of Office productivity software subscriptions for commercial and government clients on July 1. The company’s Office applications, which include Word, Excel, PowerPoint and […]
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Congressional watchdog probes Trump FHFA chief Bill Pulte
The Government Accountability Office, a congressional watchdog, has opened an investigation into Federal Housing Finance Authority Director Bill Pulte, who has served as an attack dog against President Donald Trump’s enemies. The probe was requested by a group of Senate Democrats on Nov. 17. “I can confirm that GAO has accepted this request following our […]
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Jensen Huang says an incorrect nine-year-old prediction about AI shows why it won’t destroy jobs
Nvidia CEO Jensen Huang appeared on an episode of The Joe Rogan Experience podcast on Wednesday. Ezra Acayan | Getty Images News | Getty Images Nvidia CEO Jensen Huang is more optimistic than those who predict AI will destroy people’s jobs, and he used a nine-year-old prediction to demonstrate why. During a wide-ranging conversation about […]
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Paramount questions Warner Bros. Discovery on ‘fairness and adequacy’ of sale process: Read the full letter
A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty Images Paramount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness […]
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Stocks making the biggest moves midday: Meta Platforms, Kroger, SAIC, PVH, Snowflake and more
Check out the companies making the biggest moves midday: Meta Platforms — The Facebook and Instagram parent advanced 4%. Managers led by CEO Mark Zuckerberg are weighing cuts as deep as 30% in Meta’s “metaverse group” in 2026, Bloomberg reported. Kroger – The Cincinnati-based supermarket chain dropped 6.5% after third-quarter revenue lagged Street estimates, identical […]
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Cramer says this retail stock is ‘one of the greatest performers of all time’
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Stocks were little changed Thursday as Wall Street overlooked mixed labor market data. U.S. layoff announcements in November pushed the year’s total above 1.1 million, the highest level since […]
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Mark Zuckerberg comes to his senses on metaverse spending, and we’re thrilled
Is the “year of efficiency” Mark Zuckerberg back at Meta Platforms ? Shares of the social media giant rallied more than 5% to $676 each at Thursday’s highs after Bloomberg reported that Zuckerberg is set to reduce metaverse spending up to 30%. The metaverse group, which works on the company’s virtual “Horizon World” environment and […]
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Meta stock climbs 4% on report of planned metaverse cuts
Meta CEO Mark Zuckerberg has repositioned the social media giant as an AI company. Vincent Feuray | AFP | Getty Images Meta Platforms shares popped about 4% higher on Thursday after Bloomberg reported that CEO Mark Zuckerberg was looking to make significant cuts to the company’s metaverse resources. Bloomberg said that executives have considered budget […]
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Where billionaires’ investment firms placed their bets in November
Key Points Family office deal-makers have yet to pick up the pace even as the end of the year draws near. But investment firms of billionaires, including those of Jeff Bezos and Bernard Arnault, are still banking on AI health-care startups. For family offices looking to tap into the artificial intelligence boom and make an […]
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CNBC Sport: U.S. men’s soccer is sick of losing the World Cup — and now it has a plan
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. Americans are great at sports. The United States has won more Olympic gold […]
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