Business
Toyota opens new U.S. battery plant, confirms $10 billion in new investments
Toyota display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Toyota Motor on Wednesday said it has started production at a new $13.9 billion battery plant in North Carolina and confirmed plans to invest up to $10 billion more than previously expected over the next five […]
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Trump ‘knew about the girls,’ Jeffrey Epstein said in email
Portrait of American financier Jeffrey Epstein, left, and Donald Trump as they pose together at the Mar-a-Lago estate in Palm Beach, Florida, in 1997. Davidoff Studios Photography | Archive Photos | Getty Images Notorious sex offender Jeffrey Epstein wrote in an email to author Michael Wolff that his former longtime friend, President Donald Trump, “knew […]
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Howard Marks highlights credit ‘carelessness’ but says issues are not systemic
Howard Marks, co-founder of Oaktree Capital Group, at the Qatar Economic Forum (QEF) in Doha, Qatar, on Wednesday, May 21, 2025. Bloomberg | Bloomberg | Getty Images Veteran investor Howard Marks has warned that cracks unearthed in the credit market demonstrate investor “complacency” and “carelessness” — but stopped short of calling the turmoil a broader […]
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Coinbase moves incorporation to Texas from Delaware, following Musk’s lead
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty Images Coinbase is following Tesla out of Delaware and into Texas. Paul Grewal, Coinbase’s chief legal officer, wrote in a Wall Street Journal op-ed on Wednesday […]
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Stocks making the biggest premarket moves: Advanced Micro Devices, Clearwater Analytics, On Holding and more
Check out the companies making headlines before the bell. Advanced Micro Devices — The chipmaker jumped nearly 6% in reaction to robust long-term growth targets made at its Investor Day , including an internal forecast that the company’s data center revenues will jump 60% in the next three to five years. BILL Holdings — Bloomberg […]
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AI trade stalls, ‘ghost job’ listings, Trump floats tariff rebate checks and more in Morning Squawk
Mike Intrator, Chief Executive Officer and founder of CoreWeave, poses for a photo during the company’s Initial Public Offering(IPO) at the Nasdaq headquarters on March 28, 2025 in New York City. Michael M. Santiago | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things […]
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Swiss sneaker company On raises guidance again, says it won’t offer Black Friday deal
Logo of Swiss shoemaker On is displayed in a shop in Zurich, Switzerland, Aug. 28, 2025. Denis Balibouse | Reuters On raised its full-year guidance for the third quarter in a row on Wednesday after the Swiss sportswear company posted another three months of double-digit growth, bucking a slowdown in the sneaker market. The company, […]
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Google sues cybercriminal group behind E-ZPass, USPS text phishing scams
Signage at Google headquarters in Mountain View, California, US, on Thursday, Oct. 23, 2025. Benjamin Fanjoy | Bloomberg | Getty Images Google filed a lawsuit on Wednesday against a foreign cybercriminal group behind a massive SMS phishing, or “smishing,” operation. Dubbed by some cyber researchers as the “Smishing Triad,” the organization, which Google said is […]
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AMD’s Lisa Su sees 35% annual sales growth driven by ‘insatiable’ AI demand
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty Images AMD shares swung on Tuesday after CEO Lisa Su said the company’s overall revenue growth would expand to about […]
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SoftBank just sold out of Nvidia. Should you?
Confidence in shares of Nvidia is in question after SoftBank’s decision to relinquish its stake in the high-flying stock. Nvidia briefly tumbled nearly 4% Tuesday after the Japanese investment firm said it zeroed out its position in the AI chipmaker for $5.8 billion. That left investors wondering if SoftBank’s decision to exit the stock was […]
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