Year: 2025
CNBC Daily Open: Trump pauses tariffs but markets are still wary
Cars queue to cross into the U.S. from Canada, at the border between the two countries, in Surrey, British Columbia, Canada Feb. 3, 2025. Chris Helgren | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
Read More
Senate confirms fracking executive Chris Wright as Trump’s energy secretary
US engineer and businessman Chris Wright arrives to testify before a US Senate Energy and Natural Resources Committee hearing on his nomination to be Secretary of Energy, on Capitol Hill in Washington, DC, on January 15, 2025. Ting Shen | Afp | Getty Images The U.S. Senate on Monday confirmed Chris Wright, a fracking executive, […]
Read More
Flexport CEO breaks down the complex and uncertain global trade landscape
As the market reels from ever-changing news about President Donald Trump’s tariff hikes, Flexport CEO Ryan Petersen detailed how his customers are dealing with a volatile global trade environment in a Monday interview with CNBC’s Jim Cramer. “It’s very hard to plan a supply chain when it’s changing day to day, so I think it’s […]
Read More
White House says Elon Musk serving as a ‘special government employee’
Republican presidential nominee, former President Donald Trump offers his hand to Elon Musk back stage during a campaign rally at the Butler Farm Show grounds on October 05, 2024 in Butler, Pennsylvania. Anna Moneymaker | Getty Images Elon Musk is serving in the Trump administration as a “special government employee,” according to a White House […]
Read More
Silicon Valley venture capital pioneer Dick Kramlich, an early investor in Apple, dies at 89
Dick Kramlich, founder of New Enterprise Associates, discusses on “Sexism in the valley” during the third day of Web Summit in Altice Arena on Nov. 8, 2017 in Lisbon, Portugal. Horacio Villalobos | Corbis News | Getty Images Dick Kramlich, the venture capital pioneer who co-founded New Enterprise Associates almost 50 years ago and built […]
Read More
Stock futures jump after Trump pauses Canada tariffs: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on February 03, 2025 in New York City. Michael M. Santiago | Getty Images Stock futures rose Monday night after U.S. President Donald Trump paused planned tariffs on goods from Canada, just hours after a reprieve was also announced on planned […]
Read More
How DeepSeek’s new AI models are impacting the profits of global companies
China’s DeepSeek shook global stock markets after revealing that it had built a powerful artificial intelligence model for a mere $6 million. While some have disputed the shockingly low cost of developing the AI models, most agree that DeepSeek has sharply cut the on-going cost of running powerful AI models and that the firm’s decision […]
Read More
Stocks making the biggest moves after hours: Palantir, NXP Semiconductors, Kyndryl and more
Check out the companies making headlines in after-hours trading: Palantir Technologies — Shares of the defense tech company surged 21% after Palantir exceeded estimates on the top and bottom lines for the fourth quarter, and gave better-than-expected guidance for the full year. The company reported adjusted earnings of 14 cents per share while analysts polled […]
Read More
Trump pauses tariffs on Canada for at least 30 days, Trudeau says
Canada’s Prime Minister Justin Trudeau looks on during a press conference while responding to U.S. President Donald Trump’s orders to impose 25% tariffs on Canadian imports, in Ottawa, Ontario, Canada February 1, 2025. Patrick Doyle | Reuters President Donald Trump on Monday agreed to pause the implementation of planned U.S. tariffs on imports from Canada […]
Read More
Apple shares fall on concern Trump tariffs on China will hit profit
Apple CEO Tim Cook attends the China Development Forum in Beijing on March 24, 2024. Pedro Pardopedro Pardo | Afp | Getty Images Apple shares fell more than 3% on Monday after President Donald Trump announced 10% tariffs on China, where the company assembles the majority of its products. Apple’s decline was steeper than all […]
Read More