Business
Taiwan will invest $250 billion in U.S. chipmaking under new trade deal
The U.S. and Taiwan have reached a trade agreement to build chips and chip factories on American soil, the Department of Commerce announced on Thursday. As part of the agreement, Taiwanese chip and technology companies will invest at least $250 billion in production capacity in the U.S., and the Taiwanese government will guarantee $250 billion […]
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College students and teens could be fueling the prediction markets boom
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. As prediction market trading volume booms, Truist analysts say there could be an unlikely source […]
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Chip stocks pop after TSMC’s earnings beat boosts confidence in industrywide demand
Nvidia founder and CEO Jensen Huang speaks about the Vera Rubin AI platform during a question and answer session with reporters at the annual Consumer Electronics Show (CES) in Las Vegas, Nevada, on Jan. 6, 2026. Patrick T. Fallon | AFP | Getty Images Chipmakers Nvidia and Advanced Micro Devices led an industrywide rally in […]
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Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless
Amazon package and Saks Fifth Avenue bag. Getty Images Amazon wants a federal judge to reject Saks Global’s bankruptcy financing plan, writing in court papers the beleaguered department store “burned through hundreds of millions of dollars in less than a year” and failed to hold up their agreement. When Saks acquired Neiman Marcus for $2.7 […]
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Inside Wealth: How the Buffett family plans to give away more than $150 billion
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. When Peter Buffett learned that he and his siblings would be in charge of giving away the fortunes of their father, Warren Buffett, […]
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Billionaire Rams owner Stan Kroenke becomes America’s biggest private landowner
Stan Kroenke of the Los Angeles Rams on the sideline during a game against the Philadelphia Eagles at SoFi Stadium Inglewood, California, Oct. 8, 2023. Ric Tapia | Getty Images Sport | 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 […]
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Morgan Stanley earnings top estimates driven by wealth management
In this article MS Follow your favorite stocksCREATE FREE ACCOUNT People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City. Spencer Platt | Getty Images Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenue from wealth management. Here’s what […]
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Greenland talks, oil’s retreat, the latest on the Netflix-WBD deal and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. Nike’s first pickleball deal has me thinking I should fish my paddles out of the closet and start practicing. I’ll be spending this evening with some of our readers at CNBC Pro Live at the New York Stock Exchange, so […]
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Stocks making the biggest moves premarket: Taiwan Semiconductor, ASML, BlackRock and more
Check out the companies making the biggest moves in premarket trading: Taiwan Semiconductor Manufacturing — The chipmaker soared 6.6% after it posted another record quarter . The company saw a 35% increase in fourth-quarter profit, beating estimates amid demand for its artificial intelligence chips. ASML Holding —- Shares of the chip-equipment manufacturer jumped 6% after […]
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How Saks’s acquisition of Neiman Marcus plunged the company into bankruptcy: ‘Recipe for disaster’
An entrance to the Saks Fifth Avenue flagship store in New York on Jan. 14, 2026, after the company filed for bankruptcy protection. Brendan Mcdermid | Reuters For more than a decade, the former executive chairman of Saks Global dreamed of adding Neiman Marcus to his collection of legacy department stores, believing the combined entities […]
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