World
AI chip startup Groq expands with first European data center
Jonathan Ross, chief executive officer of Groq Inc., during the GenAI Summit in San Francisco, California, US, on Thursday, May 30, 2024. David Paul | Bloomberg | Getty Images Artificial intelligence semiconductor startup Groq announced Monday it has established its first data center in Europe as it steps up its international expansion. Groq, which is […]
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Private credit’s trillion-dollar boom is fueling warnings of a hidden financial contagion
Private credit has swiftly emerged as one of the hottest corners of global finance, and its rapid rise is prompting alarm bells. Once a niche player catering to middle-market borrowers — or companies that fall between small businesses and large corporations, which are typically underserved by traditional banks — private credit has grown into a $1.7 trillion industry . […]
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Trump says countries aligning with BRICS policies will face additional 10% tariff
President of the United States Donald J. Trump delivers remarks to a crowd at an America250 rally in Des Moines, Iowa, United States, on July 3, 2025. Kyle Mazza | Anadolu | Getty Images U.S. President Donald Trump announced that an additional 10% tariff will be charged to countries “aligning themselves with the anti-American policies […]
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CNBC Daily Open: Most people don’t start a political party after separation
US President Donald Trump, right, and Elon Musk, chief executive officer of Tesla Inc., during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025. Francis Chung | Bloomberg | Getty Images When they find themselves without a significant other, most men finally start living: […]
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Stock futures fall after Trump team says tariffs will go into effect on Aug. 1: Live updates
Traders work at the New York Stock Exchange on July 2, 2025. NYSE U.S. stock futures fell Sunday night after President Donald Trump confirmed that tariffs are set to go into effect Aug. 1, not July 9. Dow Jones Industrial Average futures slid by 146 points, or 0.32%. S&P 500 futures and Nasdaq 100 futures […]
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Asia-Pacific markets mostly lower after Trump shifts goalposts on tariffs again
Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Asia-Pacific markets traded mostly lower on Monday after U.S. President Donald Trump confirmed that tariffs, first announced in April, will take effect on August 1 for countries that haven’t […]
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European banks saw their best first-half since 1997, but maintaining returns will be a challenge
European banks have had a bumper start to the year, outperforming almost all other sectors as investors reward a recent period of improved profitability — but analysts warn returns may not have as far to run in the second half. The Stoxx 600 Banks index has risen more than 28% in the first six months […]
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BRICS summit opens in Brazil, overshadowed by Trump’s tariff policies and Middle East tensions
Brazil’s President Luiz Inacio Lula da Silva, China’s Premier Li Qiang, India’s Prime Minister Narendra Modi, South Africa’s President Cyril Ramaphosa, Russia’s Foreign Minister Sergei Lavrov and other leaders, attend the opening meeting of BRICS Summit, at the Museum of Modern Art (MAM) in Rio de Janeiro, Brazil, on July 6, 2025. Ricardo Moraes | […]
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Wimbledon: Ben Shelton pleaded for extra time off for his sister at Morgan Stanley. It worked
Shelton’s girlfriend, U.S. soccer player Trinity Rodman, and his sister Emma applaud after Ben Shelton of the U.S. won his men’s singles third-round match against Marton Fucsovics of Hungary at the Wimbledon Tennis Championships in London, on Saturday, July 5, 2025. Alastair Grant | AP Photo Ben Shelton launched a public plea for his sister […]
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Investors expect bitcoin to break out to new records in the second half from a consolidation phase
Expect bitcoin to reach fresh all-time highs in the second half of the year as corporate treasuries accelerate their bitcoin buying sprees and Congress gets closer to passing crypto legislation, investors say. The cryptocurrency climbed nearly 30% in the second quarter although, strangely, many investors have called it a period of consolidation, with returns declining […]
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