business news
Hanwha’s Philly Shipyard can build nuclear submarine for U.S. Navy, executive says
An American Airlines plane above Hanwha signage at the Hanwha Philly Shipyard in Philadelphia, Pennsylvania, U.S., on Tuesday, Aug. 26, 2025. Bloomberg | Bloomberg | Getty Images Hanwha’s Philly Shipyard has the capability of building a nuclear-powered submarine for the U.S. Navy, said Alex Wong, global chief strategy officer at Hanwha Group, according to a […]
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Taiwan’s Foxtron launches Bria EV model, eyes overseas markets
Branding on a Foxconn Technology Co. Foxtron Model C electric vehicle on display during Hon Hai Tech Day conference in Taipei, Taiwan, on Friday, Nov. 21, 2025. Bloomberg | Bloomberg | Getty Images Taiwan’s Foxtron Vehicle Technologies, a joint venture between Foxconn and Yulon Motor, launched an electric vehicle model called Bria on Thursday. Versions of […]
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North Korea’s Kim Jong Un views submarine construction, oversees missile launch, KCNA says
People look at a 24-hour YTN news TV broadcast at Seoul Railway Station showing a news broadcast with the North Korean leader Kim Jong Un giving a salute during a military parade at Kim Il Sung Square in Pyongyang. Sopa Images | Lightrocket | Getty Images North Korean leader Kim Jong Un observed construction of […]
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Exclusive: Nvidia buying AI chip startup Groq for about $20 billion in its largest acquisition on record
Jonathan Ross, chief executive officer of Groq Inc., during the GenAI Summit in San Francisco, California, US, on Thursday, May 30, 2024. David Paul | Bloomberg | Getty Images Nvidia has agreed to buy Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash, according to Alex Davis, CEO of Disruptive, […]
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Epstein files: Senators call for audit into DOJ’s release
A bipartisan group of Senators on Wednesday called for an audit into the Department of Justice’s handling of the files related to the disgraced sex offender Jeffrey Epstein. In a letter to DOJ Acting Inspector General Dan Berthiaume, a group of 12 senators said the DOJ had violated a law — dubbed the Epstein Files […]
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Here’s what would it take for an Amazon stock comeback in 2026
After a year defined by worries about cloud growth and tariff impact on retail, Amazon stock heads into 2026 poised for gains. The Club name struggled throughout 2025 as Wall Street worried that Microsoft ‘s Azure and Google Cloud were outpacing the growth rate of the No. 1 cloud, Amazon Web Services, and how President […]
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The blowout AI trades that surprised Wall Street in 2025
The artificial intelligence trade got tougher in 2025. While a significant capital expenditure cycle and earnings growth from the world’s biggest tech companies supported the market’s rally to record heights — with the S & P 500 to jumping more than 17% and the Nasdaq Composite gaining 22% year to date — the easy gains […]
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These 5 infrastructure stocks have more than tripled this year on the AI trade
Wires and cables in a server room. Thomas Northcut | Digitalvision | Getty Images Nvidia has been the biggest infrastructure winner in the artificial intelligence boom, soaring in value by almost thirteenfold since the end of 2022 to a market cap of $4.6 trillion. While Nvidia’s rally continued in 2025, investors betting on other AI […]
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Free streaming service Tubi is rivaling major players for viewership. Here’s how it’s winning
Pavlo Gonchar | Lightrocket | Getty Images Tubi hit profitability this year doing what other streaming services are trying to: attract younger audiences who are willing to sit through ads. The Fox Corp.-owned free streaming platform has long been among a sort of second tier of streaming services alongside lower-budget and less popular offerings like […]
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Economy grows, chip tariff delay, new S&P 500 record and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Shop ’til you drop A person carries shopping bags during Black Friday shopping at Garden State Plaza on November 28, 2025 in Paramus, New Jersey. Eduardo Munoz […]
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