business news
Shares of Jeep maker Stellantis fall more than 7% after first-quarter results
The all-new 2026 Jeep Cherokee Hybrid is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on November 23, 2025 in Los Angeles, California. Josh Lefkowitz | Getty Images News | Getty Images Shares of auto giant Stellantis fell sharply on Thursday after the company reported a near tripling […]
Read More
Japan puts ‘too much burden’ on U.S. for security, former defense minister Kono says
Taro Kono during a news conference at the Liberal Democratic Party (LDP) headquarters in Tokyo, Japan, on Friday, Sept. 13, 2024. Bloomberg | Bloomberg | Getty Images Japan has relied too heavily on the U.S. for security, according to Taro Kono, Japan’s former defense minister, as concerns grow that Washington may scale back its global […]
Read More
Volkswagen posts 14% drop in first-quarter profit on tariff pressure, China competition
A Volkswagen logo at the back of an ID.7 electric car at the Volkswagen electric car factory on February 24, 2026 in Emden, Germany. Focke Strangmann | Getty Images News | Getty Images German auto giant Volkswagen on Thursday reported weaker-than-expected first-quarter profit, citing higher U.S. tariffs and intensifying competition from Chinese car brands. Europe’s […]
Read More
SoftBank reportedly weighs $100 billion valuation for new AI and robotics spinout in potential U.S. IPO
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images SoftBank Group is planning to create and list a standalone artificial intelligence and robotics company in the U.S. as […]
Read More
Nvidia just invested in the AI legal startup that’s splashing Jude Law ads everywhere
AI legal tech Legora advert featuring Jude Law. Credit: Legora Nvidia’s venture arm, NVentures, has invested in Swedish AI legal tech Legora at a $5.6 billion valuation, as the chip giant continues to ramp up startup funding across the globe. Legora on Thursday exclusively told CNBC that Nvidia had backed it as part of a […]
Read More
U.S. House approves outline for $70 billion more for immigration enforcement
Federal agents, including members of the Department of Homeland Security, the Border Patrol, and police, attempt to keep protesters back outside a downtown U.S. Immigration and Customs Enforcement (ICE) facility on Oct. 4, 2025 in Portland, Oregon. Spencer Platt | Getty Images The U.S. House of Representatives on Wednesday approved a three-year budget plan that […]
Read More
Brent crude tops $121 as U.S. military to reportedly brief Trump on potential action against Iran
Alexander Manzyuk | Reuters Oil extended gains as a report suggested the U.S. military would brief President Donald Trump on potential action against Iran, raising worries that armed conflict could resume, building on the American blockade of Iranian exports. Axios reported Thursday that the U.S. Central Command was set to present Trump plans for potential […]
Read More
China factory activity tops expectations in April — but growth slows as new orders soften
Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images China’s factory activity topped analysts’ expectations in April, although growth slowed from the prior month when it hit a year-high, as new orders saw a […]
Read More
CNBC Daily Open: Trump’s big threats and Big Tech’s bigger wallets
Iran is back at the top of our headlines after U.S. President Donald Trump threatened Tehran again. Source
Read More
Investors still trust Google more than Meta when it comes to spending their money on AI
Sundar Pichai, CEO of Alphabet. Source: Alphabet Meta and Alphabet both beat expectations in their earnings reports on Wednesday, each recording their fastest growth in years. They also lifted their guidance for capital expenditures for the year, telling investors that they’re going to keep pouring money into artificial intelligence infrastructure. But despite their similarly upbeat […]
Read More