business news
Play on or game over? A look back at 2025 for the video game industry
This summer, Switch 2 became the fastest-selling console in Nintendo’s history, selling 10.36 million units in the first four months of sales Guillaume Payen | Sopa Images | Lightrocket | Getty Images It has been a monumental year for the video game industry, marked by new devices and billion-dollar deals. Further consolidation occurred within the […]
Read More
India’s Zepto files for IPO as quick-commerce race heats up
Zepto logo is seen on smartphone placed on keyboard in this illustration taken on May 2, 2022. Dado Ruvic | Reuters Indian quick-commerce firm Zepto has confidentially filed for an initial public offering, a regulatory filing showed on Saturday, positioning itself among India’s most anticipated listings next year. Quick-commerce firms in India are locked in […]
Read More
Taiwan rattled by 7.0 magnitude quake, no major damage reported
A Taiwan flag can be seen on an overpass ahead of National Day celebrations in Taipei, Taiwan, on Oct. 8, 2025. Ann Wang | Reuters A 7.0 magnitude earthquake struck some 32 km (20 miles) off Taiwan’s northeastern coastal city of Yilan on Saturday, the island’s weather administration said, with no immediate reports of major […]
Read More
These are the most overbought S&P 500 stocks as 2026 approaches
Investors piled into Merck & Co. and S & P Global , among others, with 2026 around the corner. Those names may be due for a pullback. The three major averages all climbed this week, which was shortened because of the Christmas holiday. The S & P 500 led the way with a 1.4% gain. […]
Read More
Morgan Stanley says these are top stock picks in 2026, including Nvidia
Morgan Stanley named several stocks that are best positioned going in to 2026. The Wall Street investment bank said companies such as Nvidia are its top ideas for next year. Other overweight-rated names screened by CNBC Pro include: Western Digital, Spotify and Palo Alto Networks. Spotify Spotify is firing on all cylinders, Morgan Stanley said. […]
Read More
Russia strikes bombard Kyiv ahead of Trump-Zelenskyy talks in Florida
People take shelter at a metro station during Russian air attacks in Kyiv on December 27, 2025, amid the Russian invasion of Ukraine. Ukraine’s air force announced a countrywide air alert and said drones and missiles were moving over several regions including Kyiv. (Photo by Serhii Okunev / AFP via Getty Images) Serhii Okunev | […]
Read More
Thailand and Cambodia halt fierce border conflict with second ceasefire
PAILIN PROVINCE, CAMBODIA – DECEMBER 27: The Ban Pakkad Border Checkpoint between Thailand and Cambodia, which is near where the ceasefire talks take place, in Pailin Province, Cambodia, on December 27, 2025. The ceasefire talks between Thai and Cambodian defence officials take place in Pong Nam Ron district of Chanthaburi province in Thailand, near the […]
Read More
Europe at ‘fork in the road’ between AI competition and climate: fund managers
Europe stands at a crossroads: compete meaningfully in the AI race or stick to its world-leading climate goals. “It’s like a fork in the road moment for Europe,” Wedbush Securities’ Dan Ives told CNBC. The bloc can either “play in the future” or risk “missing a big part of this technology wave.” The dilemma is compounded […]
Read More
One year on from the UK’s grand AI plan: has its infrastructure buildout been a success?
QTS’s data center in Cambois, North East of England When the U.K. announced its AI Opportunities Action Plan — a grand blueprint to deploy the tech across society — in January, Prime Minister Keir Starmer declared the strategy would make the country an “AI superpower.” One of the key pillars of this plan was a […]
Read More