Month: February 2026
Musk’s xAI, SpaceX combo is the biggest merger of all time, valued at $1.25 trillion
Elon Musk’s rocket maker SpaceX has acquired his artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC’s David Faber confirmed Tuesday. The record-setting transaction is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by CNBC. […]
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Who is Josh D’Amaro, Disney’s next CEO?
The Walt Disney Company has a new CEO — Josh D’Amaro. The chairman of Disney’s experiences division, which includes the company’s theme parks, cruise line, resorts and consumer products, was named to succeed long-time CEO Bob Iger. He will be the eighth CEO in Disney’s more than 100-year history. D’Amaro, 54, joined Disney in 1998 […]
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Teradyne stock pops on earnings beat driven by AI demand
Cheng Xin | Getty Images News | Getty Images Teradyne stock popped on Tuesday after the company beat fourth-quarter estimates thanks to strong artificial intelligence demand. The robotics company reported adjusted earnings of $1.80 per share, exceeding the $1.37 per share expected by analysts surveyed by LSEG. Revenue totaled $1.08 billion, topping a forecast of […]
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Ray Dalio warns the world is ‘on the brink’ of a capital war
Ray Dalio, founder of Bridgewater Assoc., speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 20th, 2026. Oscar Molina | CNBC Legendary investor Ray Dalio warned on Tuesday that the world is “on the brink” of a capital war, amid simmering geopolitical tensions and volatile capital markets. Speaking to […]
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AI will supercharge sports team valuations, says Arctos Partners’ Charles
A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. The rise of artificial intelligence is likely to boost the valuations of sports teams and […]
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Spain becomes first country in Europe to ban social media for under-16s
A 13-year-old boy poses at his home as he looks at social media on his mobile phone in Sydney on December 8, 2025. (Photo by Saeed KHAN / AFP via Getty Images) Saeed Khan | Afp | Getty Images Spain announced plans on Tuesday to introduce an Australia-style social media ban for under-16s as part […]
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Patriots owner Robert Kraft responds to Hall of Fame controversy
New England Patriots owner Robert Kraft responded Tuesday morning on CNBC’s “Squawk Box” to reports that he will not be included in this year’s NFL Hall of Fame class ahead of his team appearing in the Super Bowl this weekend. “What matters to me is we win Sunday,” Kraft told CNBC. His reported omission from […]
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Merck tops quarterly estimates, posts modest 2026 guidance as generic competition looms
Merck on Tuesday reported fourth-quarter earnings and revenue that topped estimates on strong demand for its cancer immunotherapy Keytruda and some newer products. But the company posted a modest 2026 outlook that fell short of Wall Street’s expectations as it prepares for a few drugs to lose patent protection later this year and face generic […]
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Disney names parks boss Josh D’Amaro as its next CEO to succeed Bob Iger, effective March 18
Disney has named Josh D’Amaro, chairman of Disney Experiences, as its next CEO, succeeding Bob Iger and clinching a closely watched succession race at the Mouse House. Investors, industry insiders and onlookers have long awaited the announcement of who will take over as the next leader of one of the most storied U.S. companies. The […]
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Camden CEO on why he’s seeing ‘huge’ investor demand for apartment buildings
Camden Property Trust CEO Ric Campo. Courtesy of Camden Property Trust A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign […]
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