Year: 2026
The Iran war is sending shockwaves through the world’s busiest IPO market
The National Stock Exchange (NSE) building in Mumbai, India, on Wednesday, Dec. 10, 2025. Dhiraj Singh | Bloomberg | Getty Images Global volatility is threatening a pipeline of multibillion-dollar stock market listings in India, the world’s busiest IPO market. Payments app PhonePe’s move on Monday to halt its listing plans has underscored a growing strain […]
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Alibaba workforce shrinks 34% in 2025 as Chinese tech giant doubles down on AI
The Alibaba stand at the World Artificial Intelligence Conference at the Shanghai World Expo Exhibition Center in Shanghai, China, on July 5, 2024. Nurphoto | Nurphoto | Getty Images Alibaba‘s workforce shrank by roughly 34% over the course of 2025, as the company offloaded some of its offline retail businesses while doubling down on artificial […]
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Tesla in talks with Chinese firms to buy $2.9 billion worth of solar equipment, sources say
Elon Musk, chief executive officer of Tesla Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. Bloomberg | Bloomberg | Getty Images Tesla is looking to buy equipment worth $2.9 billion for manufacturing solar panels and cells from Chinese suppliers including Suzhou Maxwell Technologies, two people familiar with the matter said, as CEO Elon Musk aims to add 100 gigawatts […]
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CNBC Daily Open: Some uncomfortable history rears its head at Trump-Takaichi meeting
WASHINGTON, DC – MARCH 19: Prime Minister of Japan Sanae Takaichi looks on during a bilateral meeting with U.S. President Donald Trump in the Oval Office of the White House on March 19, 2026 in Washington, DC. The two leaders discussed topics including the current conflict in Iran and the threat that is posed by China. (Photo […]
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Oil falls as U.S. weighs releasing sanctioned Iranian crude to cool prices
Oil prices rose as much as 3% on Thursday after Iran attacked several energy facilities across the Middle East following a strike on its South Pars gas field. Dwayne Schnell | 500px Plus | Getty Images U.S. oil prices extended their decline after Treasury Secretary Scott Bessent said Washington may soon lift sanctions on Iranian crude […]
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China leaves March benchmark lending rates unchanged for 10th straight month
BEIJING, CHINA – NOVEMBER 11: The national flag of China flies in front of the headquarters of the People’s Bank of China (PBOC) on November 11, 2025, in Beijing, China. The PBOC serves as the country’s central bank, overseeing monetary policy, financial regulation, and currency issuance. (Photo by Cheng Xin/Getty Images) Cheng Xin | Getty […]
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Trump invokes Pearl Harbor in front of Japanese prime minister to defend Iran attack secrecy
Prime Minister of Japan Sanae Takaichi (L) meets with U.S. President Donald Trump during a bilateral meeting in the Oval Office of the White House on March 19, 2026 in Washington, DC. Alex Wong | Getty Images In an apparent awkward moment at the Oval Office on Thursday stateside, U.S. President Donald Trump referenced Pearl Harbor in […]
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OpenAI to create desktop super app, combining ChatGPT app, browser and Codex app
Samuel Boivin | Nurphoto | Getty Images OpenAI will combine its web browser, ChatGPT app and Codex coding app into a singular desktop super app, CNBC confirmed on Thursday. Fidji Simo, OpenAI’s CEO of Applications, will oversee the change with assistance from OpenAI President Greg Brockman, according to a spokesperson. The new app aims to […]
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Asia markets track losses on Wall Street, extending market rout on Iran war impact
Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets mostly declined Friday following volatile trading on Wall Street overnight as investors sold assets from government bonds to equities and metals amid the Iran war. Tehran attacked the world’s largest gas plant in Qatar, causing […]
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Apollo’s Sambur says software’s AI troubles will persist, noting the ‘very large unknowns’
Apollo Global Management‘s David Sambur told CNBC on Thursday that the selloff in software stocks from fears of artificial intelligence disruption is far from over. “I unfortunately think it’s very early,” Sambur, who is co-head of private equity, told CNBC’s “Money Movers.” Some Wall Street analysts have been comforted by the recent rebound in the […]
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