General Electric Co
Palantir’s technology gives the West a critical edge in Middle East, CEO Alex Karp says
Palantir CEO Alex Karp told CNBC on Thursday that artificial intelligence is giving the U.S. and its allies an edge in the escalating conflict in Iran and across the Middle East. “What makes America special right now is our lethal capacities, our ability to fight war,” Karp said at Palantir’s AIPcon 9 in Maryland. He added that […]
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Elon Musk’s xAI wins permit to build power plant in Mississippi despite pollution concerns
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s xAI scored a victory in Mississippi, where regulators on Tuesday authorized the artificial intelligence company to build a power plant with 41 natural gas-burning turbines in the town of Southaven to power its nearby data centers. The Mississippi Department of […]
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CEO of India’s IndiGo resigns, months after mass flight cancellations
Indigo is one of a handful of airlines that are rerouting and canceling flights to avoid Pakistan’s airspace. Nicolas Economo |NurPhoto | Getty Images IndiGo said on Tuesday that CEO Pieter Elbers had resigned from his position with immediate effect for personal reasons, months after mass flight cancellations left tens of thousands of passengers stranded and […]
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How Iran and Venezuela strikes transform the Trump-Xi trade talks
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on October 30, with the US […]
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Western automakers outsourced supply chains for decades — now Chinese rivals have the cost edge
JINHUA, CHINA – JANUARY 13: Workers assemble new energy vehicles at an intelligent factory of electric vehicle enterprise Leapmotor on January 13, 2026 in Jinhua, Zhejiang Province of China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Politicians and auto industry leaders in the United States and Europe have […]
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Khamenei’s death raises questions about Trump’s China trip
Key Points U.S. strikes on Iran raised doubts about Trump’s planned visit to China. Prediction markets showed increased bets on a greater likelihood of a delayed Trump trip. Analysts said trade talks may outweigh geopolitical tensions for both sides. Source
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Rolls-Royce raises outlook, plans up to $12 billion share buyback as engine demand boosts growth
Rolls-Royce said Thursday it expects profits of over £4 billion ($5.42 billion) this year as the aero engine and power systems maker promised another year of robust growth. The aerospace giant is targeting underlying operating profit of between £4 billion and £4.2 billion in 2026, above the midpoint of £3.65 billion as expected by analysts […]
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CNBC’s UK Exchange newsletter: With shares up 1,200%, Rolls-Royce’s CEO has lots to shout about
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Employees work on a Rolls-Royce Trent 7000 engine for an Airbus SE A330neo aircraft at the Safran SA plant in Colomiers, France, on Tuesday, March 25, 2025. Safran Nacelles manufactures nacelles for short, medium and long-range […]
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Etihad Airways profits soar nearly 50% as fleet network expansion support strong demand
An attendee at the Dubai Air Show enters an aircraft on Nov. 13, 2017, in Dubai, United Arab Emirates. Natalie Naccache | Bloomberg | Getty Images Etihad Airways reported a near 50% jump in net profit to $698 million last year, the carrier said on Tuesday, as increased capacity supported strong demand across markets and […]
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Jim Cramer’s top 10 things to watch in the stock market Friday
My top 10 things to watch Friday, Feb. 20 1. Blue Owl Capital’s loan sales, part of a plan to return capital to investors, has observers bringing out “canary in the coal mine” warnings again. While many private credit loans seem mismarked, this situation doesn’t appear tragic in nature. 2. Stock futures were lower after […]
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