World
Government’s Intel intervention is ‘essential’ for national security, tech analyst says
A government intervention in struggling chipmaker Intel is “essential” for the sake of national security, analyst Gil Luria said Friday, following a report that the Trump administration is weighing taking a stake in the company. “We’re all capitalists,” Luria, head of technology research at D.A. Davidson, said in an interview with CNBC’s “Squawk Box.” “We […]
Read More
U.S. shoppers fuel jewelry splurge despite tariff headwinds
A Pandora Bracelet at the PANDORA Concept Store. Franziska Krug | German Select | Getty Images U.S. shoppers are continuing to splurge on jewelry, even as economic headwinds weigh on consumer sentiment in Europe and China. Danish jewelry brand Pandora said the U.S. market, which accounts for one-third of its overall revenues, remained an outlier […]
Read More
London’s FTSE 100 just touched a record high — and market watchers see more upside ahead
London’s FTSE 100 touched a fresh record high on Friday – and some market watchers see more upside ahead for the long-maligned index, with U.S. tariffs, macroeconomic influences and outperformance in certain sectors sparking a widespread reassessment of U.K. equities. The U.K. index — home to some of the world’s most renowned companies, including AstraZeneca […]
Read More
Power cuts and blackouts: Why can’t Iraq keep the lights on?
Iraq was plunged into a nationwide blackout earlier this week, as a temperature surge to 122 degrees Fahrenheit (50° Celcius) — and subsequent spiking demand for electricity — pushed the country’s faltering power grid to the breaking point. For a country that has seen as much conflict and instability as Iraq, this could come as […]
Read More
Danish jewelry giant Pandora plunges 13% after second-quarter earnings
Carlsberg CEO notes changing beer habits amid cost pressures Green bottles of Carlsberg beer move along the production line at the Baltika Breweries LLC plant, operated by Carlsberg A/S, in Saint Petersburg, Russia. Bloomberg | Bloomberg | Getty Images Spending pressures are dividing beer drinking habits, further clouding the outlook for brewers already battling declining […]
Read More
Hedge fund giant Bridgewater pares China bets, offloading stakes in Alibaba and Baidu
Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich Economic Forum in Greenwich, Connecticut, US, on Tuesday, Oct. 3, 2023. Bloomberg | Bloomberg | Getty Images Hedge fund giant Bridgewater Associates divested from U.S.-listed Chinese stocks in the second quarter, signaling a clear pullback from the market amid rising geopolitical strains and weakening […]
Read More
Carlsberg CEO notes changing beer habits amid cost pressures
Il21 | Istock | Getty Images Spending pressures are dividing beer drinking habits, further clouding the outlook for brewers already battling declining sales volumes. Drinkers are increasingly bypassing once-loved core beer brands and instead opting for premium or economy alternatives, Danish brewer Carlsberg said Thursday, as beermakers confront wider pressures on the drinks sector. “We […]
Read More
CNBC Daily Open: Under Trump, business and politics are becoming bedfellows
Lip-Bu Tan, CEO of Intel, departs the White House in Washington, DC, U.S., on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Don’t mix business with pleasure — or the music of the spheres might eject you from the skies even if you are an astronomer — but it seems, in the […]
Read More
Investing in Space: All aboard the SpaceX Mars express
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. A SpaceX Falcon 9 rocket with the Crew Dragon capsule Endeavour carrying the Crew-11 mission lifts off from Launch Complex 39A at NASA’s Kennedy Space Center in Florida on Aug. […]
Read More
Why a landmark ruling from the world’s top court puts financial markets on notice
Vanuatu’s Climate Change Minister Ralph Regenvanu (C) delivers a speech as he attends a demonstration ahead of the International Court of Justice (ICJ) session tasked with issuing the first Advisory Opinion (AO) on States’ legal obligations to address climate change, in The Hague on July 23, 2025. John Thys | Afp | Getty Images Gripped […]
Read More