World
Trump had phone call with OpenAI’s Sam Altman last week about AI infrastructure
US President Trump gestures as CEO of Open AI Sam Altman speaks in the Roosevelt Room at the White House on January 21, 2025, in Washington, DC. Jim Watson | Afp | Getty Images Prior to officially becoming president, Donald Trump held a lengthy conversation with OpenAI CEO Sam Altman on Friday to discuss the […]
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These names reporting next week could see big earnings blow-ups, Wolfe Research says
Some companies reporting earnings next week could be major disappointments, according to Wolfe Research. About 90 S & P 500 companies, including eight Dow Jones Industrial Average members, are slated to post their latest quarterly figures. Headliners include four stocks out of the “Magnificent Seven” — including Meta Platforms — alongside others such as Intel […]
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Samsung launches S25 with boosted AI as Apple battle heats up
Samsung S25 Ultra on display at one of Samsung’s stores in London, U.K. Samsung has boosted the capabilities of the S25 on the Ultra model. Arjun Kharpal | CNBC Samsung Electronics on Wednesday launched its latest flagship smartphones — the Galaxy S25 series — touting a custom chip and boosted AI features. The S25 release […]
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Investors are getting more fearful. Why that’s good for the stock market
The stock market is off to a solid start to 2025 with the S & P 500 hitting a fresh record on Wednesday, but investor surveys suggest there’s plenty of skepticism out there. That may mean the rally has plenty of fuel left. The latest weekly survey from the American Association of Individual Investors showed […]
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Trump 2.0 raises awkward policy questions for Europe — but some lawmakers see ‘real opportunity’
U.S. President Donald Trump delivers remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. Carlos Barria | Reuters U.S. President Donald Trump’s “America First” agenda raises awkward questions for the European Union, although some lawmakers say Trump’s return to the White House could be a “real opportunity” […]
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UK ‘not part of the problem’ when it comes to U.S. trade, Britain’s finance minister says
Rachel Reeves, UK Finance Minister, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC The U.K. is “not part of the problem” when it comes to “persistent” trade deficits that President Donald Trump wants to tackle, the country’s finance minister told CNBC Wednesday. […]
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Trump threatens Russia with sanctions, tariffs if Putin doesn’t end Ukraine war
Russian President Vladimir Putin (L) looks at U.S. President Donald Trump during the welcoming ceremony prior to the G20 Summit’s Plenary Meeting on November 30, 2018 in Buenos Aires, Argentina. Mikhail Svetlov | Getty Images President Donald Trump on Wednesday threatened to impose “high levels” of sanctions on Russia and tariffs on imports from there […]
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Jamie Dimon says he’s patched relationship with Musk: ‘Elon and I hugged it out’
JPMorgan Chase CEO Jamie Dimon on Wednesday said that he and tech billionaire Elon Musk have smoothed over their previously contentious relationship. “Elon and I hugged it out,” Dimon told CNBC in a TV interview at the World Economic Forum’s annual event in Davos, Switzerland. “He came to one of our conferences, [and] he and […]
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Trade war is a ‘zero-sum game,’ Spain’s PM warns, as Trump threatens EU with tariffs
A trade war is not in the interest of the European Union or the U.S., Spain’s prime minister told CNBC Wednesday. “We share a strong transatlantic bond … our economies are very interlinked and I believe a trade war is not in the interest [of either party], neither for the U.S., neither for the European […]
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AI is the hot topic at Davos this year — here’s what the top CEOs are saying
Artificial intelligence is the topic du jour at this year’s World Economic Forum Annual Meeting — a major gathering of political and corporate leaders — in Davos, Switzerland. Fabrice Coffrini | AFP / Getty Images Of all the corporate buzzwords, artificial intelligence is by far the one that’s been on every major corporate leader’s lips […]
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