business news
Why this apartment developer is deploying $1 billion of new capital toward older buildings
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. In […]
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Congress pushes back against Nvidia, White House with chip export limits
Republican lawmakers are pushing to place limits on the ability of U.S. companies to sell advanced semiconductors to China — an effort that has run afoul of some key figures in the Trump administration. The effort also pits China hawks on the Hill against Nvidia CEO Jensen Huang, who has repeatedly made the pitch to […]
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Stocks making the biggest moves premarket: Nvidia, J.M. Smucker, Trade Desk, Nutanix & more
Check out the companies making the biggest moves in the premarket: J.M. Smucker — The food stock popped 7% on better-than-expected fiscal third-quarter results. Smucker earned $2.38 per share, excluding certain items, on revenue of $2.34 billion. Analysts polled by FactSet expected a profit of $2.27 per share on revenue of $2.32 billion. Qnity — […]
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Lawsuit over $21 million donor-advised fund highlights risks of DAF giving
Ridvan_celik | Istock | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. With donor-advised funds gaining popularity as a vehicle for the wealthy to give back, risks and potential […]
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Warren calls Trump’s bluff on affordability after State of the Union
Ranking member Sen. Elizabeth Warren, D-Mass., questions Treasury Secretary Scott Bessent during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Financial Stability Oversight Council’s Annual Report to Congress,” in Dirksen building on Thursday, Feb. 5, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Democratic Sen. Elizabeth Warren is calling President […]
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World Economic Forum CEO quits after Epstein ties scrutinized
Borge Brende, said on Feb. 26 he was stepping down as president of the World Economic Forum (WEF). Bloomberg | Bloomberg | Getty Images The president and CEO of the World Economic Forum, Borge Brende, said on Thursday he was stepping down, a few weeks after the forum launched an independent investigation into his relationship […]
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Market watchers back Jensen Huang’s view that investors are ‘wrong’ on SaaSpocalypse
Nvidia ‘s Jensen Huang was right when he told CNBC investors “got it wrong” over AI fears that drove them to sell off software stocks, market watchers have said. Software stocks have been caught up in a sell-off that dragged the sector into bear market territory, amid fears AI could make software as a service […]
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Instagram to start parent alerts for teen suicide, self-harm searches as Meta trials continue
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., exits Los Angeles Superior Court in Los Angeles, California, US, on Wednesday, Feb. 18, 2026. Kyle Grillot | Bloomberg | Getty Images Instagram said Thursday that it will alert parents when teens repeatedly search for suicide and self-harm terms as parent company Meta comes under scrutiny […]
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Russia says Cuba situation is escalating after deadly incident with U.S.-tagged speedboat
Cuban coast guard ships docked at the port of Havana on February 25, 2026. Cuba’s coast guard said on February 25, 2026, it shot dead four people and wounded six others traveling in a US-registered speedboat during an exchange of fire near Cuba’s shores that came amid heightened tensions with Washington. Adalberto Roque | Afp […]
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U.S. warns Iran’s reluctance to discuss weapons is a ‘big, big problem’ as fresh talks begin
This combination of pictures created on April 09, 2025 shows US Middle East envoy Steve Witkoff after a meeting with Russian officials at Diriyah Palace, in Riyadh, Saudi Arabia, on February 18, 2025 (L); and Iran’s Foreign Minister Abbas Araghchi speaking to AFP during an interview at the Iranian consulate in Jeddah on March 7, […]
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