Month: February 2026
Airlines halt Puerto Vallarta flights after violence following Mexican cartel leader’s killing
Smoke billows from burning vehicles amid a wave of violence, with torched vehicles and gunmen blocking highways in more than half a dozen states, following a military operation in which a government source said Mexican drug lord Nemesio Oseguera, known as “El Mencho,” was killed, in Puerto Vallarta, Jalisco, Mexico, February 22, 2026, in this […]
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Tariffs, flight cancellations, OpenAI’s spending reset and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. With the Winter Olympics officially wrapped up, many athletes are leaving Italy with more than just a medal. Stock futures are lower this morning following a winning week for all three major indexes. Here are five key things investors need […]
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Google spinout Aalyria valued at $1.3 billion as investors pour into space-based communications
Aalyria CTO and founder Brian Barritt Courtesy Aalyria In 2022, Google spun out a project focused on high-speed communications networks into a startup called Aalyria. Less than four years later, Aalyria is being valued by investors at $1.3 billion in a new funding round, reflecting soaring demand for reliable, speedy telecommunications. Aalyria’s software helps networks […]
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Dow futures drop 250 points as Trump raises tariffs again, sowing confusion: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on February 13, 2026 in New York City. Spencer Platt | Getty Images U.S. stock futures fell on Monday after President Donald Trump said he’s raising his global tariffs to 15% following the Supreme Court’s decision to strike down the president’s “reciprocal” tariffs. […]
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Stocks making the biggest moves premarket: Arcellx, Novo Nordisk, Domino’s Pizza and more
Check out the companies making headlines before the bell. Arcellx — The biotech stock surged 78% after Gilead Sciences said Monday it agreed to acquire Arcellx for $7.8 billion, offering $115 per share in cash at closing and one contingent value right of $5 per share. Arcellx focuses on immunotherapies for patients with cancer and […]
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Finland’s IQM to become one of Europe’s first listed quantum companies at $1.8 billion valuation
European startup IQM is aiming to build powerful quantum computers to rival the likes of Google and IBM. IQM Finland-based quantum computing startup IQM announced plans Monday to become one of Europe’s first publicly listed companies in the sector. IQM will merge with special purpose acquisition company (SPAC), Real Asset Acquisition Corp. (RAAQ) as part […]
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Treasury yields hold steady as investors weigh new Trump tariffs
U.S. Treasury yields were little changed to start the week as investors weighed President Donald Trump’s latest tariffs, after the Supreme Court struck down much of the duties on Friday. At 6:03 a.m. ET, the 10-year Treasury yield was down 1 basis point at 4.075%. The 30-year Treasury bond yield was also less than 1 basis point lower […]
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Novo Nordisk sinks 10% after weight loss drug fails to match Eli Lilly’s in trial
Novo Nordisk stock fell over 10% Monday after it said its next-generation weight loss drug didn’t meet its primary target. The drug, CagriSema, didn’t achieve its primary endpoint of demonstrating non-inferiority on weight loss when compared to Eli Lilly‘s rival drug tirzepatide after 84 weeks, Novo said in a statement Monday morning. Eli Lilly‘s stock […]
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Sam Altman defends AI resource usage: Water concerns ‘fake,’ and ‘humans use energy too’
OpenAI CEO Sam Altman on Friday defended the resource demands of artificial intelligence, calling concerns about data centers’ water use “fake” and comparing the energy used by AI systems to that of humans. Altman was speaking on the sidelines of the India AI Impact summit in an interview with The Indian Express when he was […]
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CNBC Daily Open: New Trump tariffs are up after U.S. Supreme Court strikes some down
U.S. President Donald Trump speaks during the National Governors Association Evening Dinner and Reception in the East Room of the White House on February 21, 2026 in Washington, DC, U.S. Al Drago | Getty Images News | Getty Images The U.S. Supreme Court on Friday struck down much of President Donald Trump’s “reciprocal” tariffs, which […]
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