Year: 2026
Tesla CEO Musk brushes off Nvidia self-driving competition as 5 or 6 years away
Elon Musk, chief executive officer of Tesla Inc., left, and Jensen Huang, chief executive officer of Nvidia Corp., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Tesla CEO Elon Musk said Tuesday that it will take several years […]
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The stocks Goldman gives over 70% upside — with one as high as 147%
Goldman Sachs has updated its top European stock picks for January, rating five stocks with an upside of at least 70%, including one as high as 147%. Here’s where the investment bank sees the biggest upside on their 12-month price targets, in order: Ceres Power The U.K.’s Ceres Power could return a 147% upside, according to […]
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American Airlines keeps frequent flyer status requirements the same, following rivals
Joe Raedle | Getty Images News | Getty Images American Airlines said Wednesday that it will keep the spending requirements to earn elite frequent flyer status in 2027 steady for a third consecutive year as the carrier courts higher-spending travelers and tries to catch up to industry profit leaders Delta Air Lines and United Airlines. […]
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How Russia is benefiting from Trump’s Venezuelan oil plan
New data on the shadow fleet shows an increasing number of tankers are seeking the protection of Moscow by changing their flag of registration to Russia. That trend has been further accelerated by the United States’ seizures of vessels carrying sanctioned Venezuelan oil. President Donald Trump has said U.S. oil companies will invest billions of […]
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JPMorgan’s asset management will no longer use controversial proxy advisors for shareholder votes
Key Points JPMorgan said its asset management unit is fully eliminating the use of proxy advisors. The firm will instead use artificial intelligence to aggregate and analyze proxy data. Source
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Ryan Cohen could be in for a big payday, but he has to grow meme darling GameStop to $100 billion
GameStop Chairman Ryan Cohen. CNBC GameStop has laid out a a massive, all-or-nothing equity incentive for Chairman and CEO Ryan Cohen that will only pay out if the video game retailer’s stock and profits soar to levels far beyond anything it has achieved to date. The board of GameStop granted Cohen performance-based stock options tied […]
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Alaska Airlines buys more than 100 Boeing jets in carrier’s biggest order ever
An Alaska Airlines Boeing 737 MAX 9 departs Los Angeles International Airport en route to Puerto Vallarta, Mexico, Sept. 19, 2024. Kevin Carter | Getty Images Alaska Airlines is buying more than 100 Boeing jets, a purchase that the carrier’s fleet chief said will ensure it has locked in sought-after order slots through the middle […]
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U.S. forces board Venezuela-linked sanctioned oil tanker in North Atlantic: AP
An oil tanker is seen on Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. Stringer | Reuters A U.S. official says U.S. forces have boarded a Venezuela-linked sanctioned oil tanker in the North Atlantic after pursuing it for weeks. The official spoke to The Associated Press on Wednesday on the condition of anonymity to discuss […]
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Air taxi maker Joby buys new Ohio factory, more than doubles manufacturing footprint as it vies for FAA approval
An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023. Roselle Chen | Reuters Joby Aviation on Wednesday said it bought a 700,000-square-foot manufacturing facility in Dayton, Ohio, as the air taxi maker gears up to meet its production goals for electric vertical takeoff and […]
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Trump’s Greenland considerations, Nvidia’s China demand, xAI’s latest funding round and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Guests at my home will be pleased to know that I, despite personal fascination, live outside the delivery radius of this shower water beer. Stock futures are little changed this morning. The market is coming off another winning session. Here […]
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