Business
EU probes Amazon, Microsoft’s cloud services for potential curbs
The European Commission has launched three market investigations on cloud computing services by Amazon and Microsoft under the Digital Markets Act (DMA), which aims to curb the power of Big Tech and ensure a level playing field for smaller rivals. It opened two probes to assess if the companies should be designated as gatekeepers for […]
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Arm custom chips get a boost with Nvidia partnership
Jensen Huang, CEO of Nvidia, reacts during the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 31, 2025. Kim Soo-hyeon | Reuters Arm on Monday said that central processing units based on its technology will be able to integrate with AI chips using Nvidia’s NVLink Fusion technology. The move will make […]
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Stocks making the biggest moves midday: Brinker International, Alphabet, Quantum Computing & more
Check out the companies making the biggest moves midday: Brinker International — The Chili’s parent jumped more than 8%, on pace for its largest one-day advance since April. Short interest amounts to 12% of Brinker’s float, FactSet data shows. Brinker continues to rebound after tumbling as much as 18% between reporting earnings on Oct. 29 […]
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E.W. Scripps stock surges 40% after Sinclair takes stake, pushes for a merger
Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S. Andrew Harrer | Bloomberg | Getty Images Sinclair disclosed a stake in fellow broadcast station owner E.W. Scripps on Monday, in a move to push toward a merger of the companies. Sinclair, which acquired a roughly 8% position in Scripps, per […]
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Peter Thiel’s hedge fund dumps Nvidia stake, cuts back Tesla position
Peter Thiel ‘s namesake fund exited Nvidia in the third quarter, the latest sign of caution around the high-flying artificial intelligence darling. Thiel Macro zeroed out its stake worth nearly $94 million during the three-month period, regulatory fillings show. It marked the fund’s biggest change by dollar value in the quarter, according to InsiderScore. Thiel’s […]
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Jeep eyes U.S. comeback following yearslong sales troubles
2025 Jeep Cherokee SUV Stellantis AUBURN HILLS, Mich. — Jeep is betting Americans still love a good comeback story. It’s a mantra that’s reverberating through the quintessential SUV brand — from its CEO to a marketing campaign with LL Cool J — following yearslong sales and market share declines that have taken a toll on […]
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Stocks making the biggest moves premarket: Alphabet, Zymeworks, lithium producers, Quantum Computing, Clearwater Analytics and more
Check out the companies making headlines in premarket trading. Alphabet — The YouTube and Google owner rose more than 4% after Warren Buffett’s Berkshire Hathaway revealed it took a more than $4 billion stake in Alphabet in the third quarter. Zymeworks and Jazz Pharmaceuticals — Drugmakers Zymeworks and Jazz Pharmaceuticals reported Phase 3 trial results […]
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Ford partners with Amazon for dealers to sell used vehicles online
A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | Reuters DETROIT — Ford Motor is partnering with Amazon to let the automaker’s franchised dealers sell certified preowned vehicles through the online retail giant. The new program will allow customers to secure financing, start […]
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Nvidia’s big week, Warren Buffett’s new stake, Jeep’s turnaround efforts and more in Morning Squawk
Nvidia founder and CEO Jensen Huang reacts during a press conference at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju on October 31, 2025. Jung Yeon-je | Afp | Getty Images 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 […]
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Novo Nordisk cuts direct-to-consumer prices for Wegovy, Ozempic to $349 a month
Boxes of Ozempic and Wegovy made by Novo Nordisk at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Novo Nordisk on Monday said it has cut the direct-to-consumer prices of its blockbuster weight loss drug Wegovy and diabetes counterpart Ozempic, adding to efforts by the company and the Trump administration to […]
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