Year: 2025
CNBC Daily Open: Chipping away at semiconductor revenues
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images U.S. markets continue to ride the artificial intelligence wave, with the tech-heavy Nasdaq Composite closing at […]
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SoftBank founder Son makes his biggest bet by staking the Japanese giant’s future on AI
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Kiyoshi Ota | Bloomberg | Getty Images Masayoshi Son is making his biggest bet yet: that his brainchild SoftBank will be the center of a revolution driven by artificial intelligence. […]
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Asia markets set for a mixed open as U.S.-China tariff truce deadline looms
Asia-Pacific markets were set to open mixed as traders awaited announcement on whether the Aug. 12 deadline for U.S.–China tariff truce would be extended. Source
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SoftBank selects banks for US IPO of payments app PayPay, Reuters reports
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images SoftBank has selected investment banks to help organize a potential initial public offering in the United States for its Japanese payments app operator PayPay, according to two people familiar […]
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Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. Florence Lo | Reuters Nvidia and Advanced Micro Devices have agreed to give the U.S. government a share of revenues from certain chips sold in China, the Financial Times reported, in an unprecedented arrangement with […]
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Stock futures tick higher ahead of key inflation data expected this week: Live updates
Traders work on the floor of the New York Stock Exchange on July 23, 2025. NYSE U.S. stock futures inched higher Sunday night, with the market once again on the cusp of all-time highs ahead of a week of key inflation reports. Dow Jones Industrial Average futures rose by 56 points, or 0.1%. S&P 500 […]
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European leaders rally behind Ukraine ahead of Trump-Putin meeting
European Union flags and a Ukrainian flag flutter outside the EU Commission headquarters in Brussels, Belgium, on Feb. 24, 2025. Yves Herman | Reuters European nations have rallied behind Ukraine, saying peace in the war-torn nation can’t be resolved without Kyiv, ahead of an upcoming meeting between U.S. President Donald Trump and Russia’s Vladimir Putin […]
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Netanyahu defends new military offensive in Gaza and says it will be wider than announced
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime Minister’s office in Jerusalem, Israel, on Aug. 10, 2025. Abir Sultan | Via Reuters Israeli Prime Minister Benjamin Netanyahu on Sunday defended a new military offensive in Gaza that’s more sweeping than previously announced, declaring in the face of growing condemnation at […]
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Nvidia claps back against Chinese accusations its H20 chips pose a security risk
Photo illustration of Nvidia’s H20 chip. Vcg | Visual China Group | Getty Images Chip giant Nvidia pushed back Sunday in response to allegations from Chinese state media that its H20 artificial intelligence chips are a national security risk for China. Earlier in the day, Reuters reported Yuyuan Tantian, an account affiliated with Chinese state […]
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Trump warns homeless to leave Washington, D.C., ‘immediately’
U.S. President Donald Trump speaks, as he makes an announcement on the economy, in the Oval Office at the White House in Washington, D.C., U.S., August 7, 2025. Jonathan Ernst | Reuters President Donald Trump on Sunday again signaled that he is ramping up plans to target crime in Washington, D.C., even as data shows […]
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