World
OpenAI in talks with investors about share sale at $500 billion valuation
Sam Altman, CEO of OpenAI attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 8, 2025. David A. Grogan | CNBC OpenAI is in talks with investors about a potential stock sale at a valuation of roughly $500 billion, according […]
Read More
CNBC Daily Open: Trump’s interview suggests he’s not backing down from his policies
U.S. President Donald Trump waves from the roof of the West Wing of the White House as he takes a tour on August 05, 2025 in Washington, DC. Win Mcnamee | Getty Images News | Getty Images U.S. President Donald Trump joined CNBC’s “Squawk Box” Tuesday for a lengthy interview that touched on tariffs, the […]
Read More
Asia markets set to open lower, tracking Wall Street losses
Asia-Pacific markets are expected to open lower, tracking losses on Wall Street as investors weighed weaker-than-expected economic data as well as fresh tariff comments from U.S. President Donald Trump. “We’re going to be announcing [tariffs] on semiconductors and chips, which is a separate category, because we want them made in the United States,” Trump said […]
Read More
S&P 500 futures are little changed as investors parse earnings reports: Live updates
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 1, 2025 in New York City. Michael M. Santiago | Getty Images S&P 500 futures are near flat Tuesday night as investors analyzed the latest batch of corporate earnings. S&P 500 futures were little changed, and Dow Jones Industrial […]
Read More
Super Micro shares plunge 15% on weak results, disappointing guidance
Charles Liang, CEO of Super Micro, speaks at the Computex conference in Taipei, Taiwan, on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Super Micro Computer shares slid 15% in extended trading on Tuesday after the server maker reported disappointing fiscal fourth-quarter results and issued weak quarterly earnings guidance. Here’s […]
Read More
State Department announces program requiring some foreign visitors to pay bonds of up to $15,000
A general view of a U.S. State Department sign outside the U.S. State Department building in Washington, D.C., U.S., July 11, 2025. Annabelle Gordon | Reuters The State Department is set to launch a new pilot program later this month that will require foreign visitors planning travel to the U.S. from certain countries to post […]
Read More
Lucid softens full-year production forecast as EV maker misses second-quarter estimates
A Lucid Air electric vehicle (EV) at the company’s showroom in Tysons, Virginia, US, on Saturday, Feb. 17, 2024. Samuel Corum | Bloomberg | Getty Images Lucid Group on Tuesday softened its production outlook for the rest of the year as it reported second-quarter earnings that missed Wall Street expectations. The electric vehicle maker now […]
Read More
Nvidia says its AI chips don’t have a ‘kill switch’ after Chinese accusation
Nvidia CEO Jensen Huang speaks to the media at a hotel in Beijing, China July 16, 2025. Alessandro Diviggiano | Reuters Nvidia on Tuesday rejected Chinese accusations that its data center GPUs for artificial intelligence include a hardware function that could remotely deactivate the chips, which is commonly called a “kill switch.” “NVIDIA GPUs do […]
Read More
Russia weighs in on U.S.-India tariff spat, saying New Delhi can choose its own trade partners
Russia’s President Vladimir Putin bids farewell to India’s Prime Minister Narendra Modi following their meeting at the Kremlin in Moscow, Russia July 9, 2024. Gavriil Grigorov | Via Reuters Russia on Tuesday weighed into the growing spat between India and the U.S., with the Kremlin saying New Delhi is free to choose its own trading […]
Read More
Chocolate, skincare and timepieces: What 39% tariffs on Swiss goods mean for U.S. consumers
Premium collection of dark, milk and white chocolates. Anna Kurzaeva | Moment | Getty Images U.S. buyers of Swiss products, from luxury watches and skincare to artisan chocolates, could soon face sharp price rises if negotiators are unable to strike a deal to avert 39% tariffs due to come into effect on Thursday. The announcement […]
Read More