business news
Former South Korean president Yoon Suk Yeol gets life sentence over martial law attempt
SEOUL, SOUTH KOREA – APRIL 21: Former South Korean President Yoon Suk Yeol arrives for his criminal trial on insurrection charges at a courtroom of the Seoul Central District Court on April 21, 2025 in Seoul, South Korea. The second trial regarding former President Yoon Suk-yeol’s charge of leading a rebellion hold at the Seoul […]
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European stocks set to open mixed with earnings due from Nestle, Airbus
Nestle Coffee-Mate is sold on a store’s shelves on February 18, 2016 in New York City. Andrew Burton | Getty Images News | Getty Images LONDON — European stocks are expected to open in mixed territory on Thursday as investors await further earnings reports. The U.K.’s FTSE index is seen opening 0.15% higher, Germany’s DAX […]
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Quantum’s big leap puts data centers in the spotlight
Microsoft’s Majorana 1 quantum computing chip Microsoft After decades confined largely to research labs, Quantum computing may be closer to its breakout moment than many on Wall Street expect. The technology, which uses the principles of quantum mechanics to solve problems beyond the ability of the most powerful classical supercomputers, has long been described as futuristic. But rapid advancements have […]
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Watch CNBC’s full interview with Microsoft President Brad Smith at the AI Impact Summit in India
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Microsoft President Brad Smith told CNBC’s Arjun Kharpal that U.S. tech companies should “worry a little bit” about the subsidies their Chinese competitors receive from their government in the AI race. They were speaking at the sidelines of the AI Impact Summit […]
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Saudi’s Humain invested $3 billion in xAI’s Series E funding round
Tareq Amin, chief executive officer of Humain, during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. The US-Saudi Investment Forum 2025 brings together visionaries, leaders, and changemakers shaping the future of global investment. Photographer: Stefani Reynolds/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Saudi […]
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CNBC Daily Open: Traders are betting for a rate cut — but a hike could be on the table
A worker steps down from a truck at the construction site of the Federal Reserve headquarters, after U.S. President Donald Trump renewed his threat to bring a lawsuit against Federal Reserve Chair Jerome Powell over Powell’s management of renovations of the building, in Washington, D.C., U.S., January 12, 2026. Kevin Lamarque | Reuters Most U.S. Federal […]
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Trump signs executive order to promote the production of weedkiller that’s hated by MAHA
US President Donald Trump speaks during a Black History Month event in the East Room of the White House in Washington, DC, on Feb. 18, 2026. Saul Loeb | AFP | Getty Images President Donald Trump on Wednesday issued an executive order invoking the Defense Production Act to promote the domestic production of phosphorus and […]
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Asia-Pacific markets trade higher, tracking Wall Street gains, after Lunar New Year break
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets traded higher Thursday, tracking gains on Wall Street, with several bourses in the region returning from the Lunar New Year holiday. Australia’s S&P/ASX 200 rose 1.1% in early trade. Japan’s Nikkei 225 added 0.52%, while the Topix rose 0.39%. […]
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Sen. Warren tells Fed and Treasury: No bailout for crypto billionaires
Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, speaks during a hearing in Washington, DC, US, on Thursday, Feb. 5, 2026. Kent Nishimura | Bloomberg | Getty Images Sen. Elizabeth Warren asked the Treasury Department and the Federal Reserve on Wednesday to confirm that they […]
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Doordash stock climbs 10%, reversing plunge after earnings and revenue miss
Doordash‘s stock climbed 14% during extended trading on Wednesday, recovering from an initial downswing after the food delivery platform issued disappointing fourth-quarter results and guidance. The stock plunged 10% following the release of the company’s financials. Here’s how the company did versus LSEG estimates: Earnings per share: 48 cents vs. 59 cents expected $0.59 Est. […]
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