Month: February 2026
Engie shares jump on $14 billion U.K. power grid deal
The Engie logo on the facade of an office building in Lindau, Bavaria, Germany, on February 22, 2026. (Photo by Michael Nguyen/NurPhoto via Getty Images) Shares in French utility Engie hit their highest since September 2009 on Thursday, after the company announced it would buy UK Power Networks from Hong Kong-listed CK Infrastructure Holdings for […]
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Nvidia’s stock sees only marginal gains after better-than-expected results. Here’s the latest
Nvidia stock is up 1.3% in pre-market trading on Thursday, as investor concerns around the AI infrastructure boom dampened enthusiasm about its better-than-expected earnings. Revenue for its fiscal fourth-quarter hit $68.13 billion, ahead of analyst estimates of $66.21 billion, according to LSEG. Total revenue climbed 73% from the figure Nvidia reported a year ago and […]
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CNBC’s Inside India newsletter: As AI shockwaves hit global software firms, what’s in store for India’s IT titans?
Ai trading concepts. 3D render Blackjack3d | E+ | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story Indian IT stocks are facing their steepest monthly declines since the 2008 global financial crisis, with the […]
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Hungary accuses Ukraine of ‘oil blockade,’ deploys soldiers to key energy facilities
Hungary’s Prime Minister Viktor Orban arrives to attend a European Council summit at the EU headquarters in Brussels on March 21, 2024. Sameer Al-doumy | Afp | Getty Images Hungary has accused Ukraine of disrupting oil supplies it gets from Russia and has stationed troops at critical energy facilities across the country as Prime Minister […]
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Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over
Key Points Nvidia said it has yet to generate any revenue from chip sales to China. Chip sales have come under scrutiny from both Washington and Beijing amid a tech race. Chinese AI firms gained ground through IPOs and lower-cost tech. Source
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Jeep maker Stellantis posts first annual loss in company history after EV writedowns
Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy, on November 25, 2025. Nurphoto | Nurphoto | Getty Images Auto giant Stellantis on Thursday reported its first-ever annual loss after saying it had over-estimated the pace of the energy transition. The multinational conglomerate, which […]
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CNBC Daily Open: Nvidia’s earnings beat and AI developments provide some respite for markets
Nvidia founder and CEO Jensen Huang speaks during Nvidia Live at CES 2026 ahead of the annual Consumer Electronics Show in Las Vegas, Nevada, on Jan. 5, 2026. Patrick T. Fallon | AFP | Getty Images It’s a good day for the artificial intelligence sector. New partnerships and earnings reports from AI-related companies lifted sentiment […]
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Sentiment shifts in European markets as traders go from tariffs to earnings
European stocks are expected to open flat to lower on Thursday ahead of a raft of earnings reports from the region. Source
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‘Software will eat AI,’ HSBC says. Here are the bank’s top picks
“Software is already eating AI” and will continue to do so, according to HSBC, with the bank shrugging off recent market fears about the sector being displaced by artificial intelligence. Software stocks plunged earlier this month as widespread concerns that AI could make software-as-a-service, or SaaS, business models obsolete, sparked a sell-off and warnings of […]
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China holiday spending sends a strong signal on consumer stimulus plans
People watch performances to welcome the ‘God of Wealth’ during Lunar New Year festivities at Qianmen Street in Beijing, China, on February 21, 2026. Nurphoto | Nurphoto | Getty Images BEIJING — China’s consumer market is recovering — just enough that policymakers likely won’t need to roll out the large-scale stimulus that investors have long […]
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