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Quantum computing is having a moment. But the technology remains futuristic
Technology

Quantum computing is having a moment. But the technology remains futuristic

Microsoft’s Majorana 1 quantum computing chip Microsoft It doesn’t quite have the buzz of artificial intelligence, but quantum computing is having a moment of its own. Some of the most powerful institutions in the world, including Google, Microsoft, Amazon, IBM and the U.S. government, are spending many millions of dollars in a race to develop […]

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Asia-Pacific markets track Wall Street gains after White House downplays tariff deadline
World

Asia-Pacific markets track Wall Street gains after White House downplays tariff deadline

Aerial view of Osaka Skyline Nikada | E+ | Getty Images Asia-Pacific markets mostly rose Friday, tracking Wall Street’s gains after White House spokesperson Karoline Leavitt downplayed the impending start of the tariff deals, which have weighed on investor sentiment. July 8 is when the so-called liberation day tariffs are set to take effect after […]

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UBS gives 3 key AI stocks to own from here
World

UBS gives 3 key AI stocks to own from here

UBS thinks Nvidia , Broadcom and Micron will continue to win big as artificial intelligence demand ramps up. In a note published Thursday, UBS highlighted three major pillars that will drive AI demand going forward: Model training for providers such as OpenAI, Google and Meta Consumer-facing products such as ChatGPT and AI overviews The building […]

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U.S. is still ‘exceptional’ despite rest of world outperformance this year, Apollo’s Marc Rowan says
Finance

U.S. is still ‘exceptional’ despite rest of world outperformance this year, Apollo’s Marc Rowan says

The U.S. stock market is underperforming the rest of the world this year but that doesn’t mean American exceptionalism is dead, according to Apollo Global CEO Marc Rowan. The S & P 500 is a little more than 4% higher in 2025, underperforming other overseas markets that have surged this year as investors diversifed away […]

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Blacklisted by the U.S. and backed by Beijing, this Chinese AI startup has caught OpenAI’s attention
Technology

Blacklisted by the U.S. and backed by Beijing, this Chinese AI startup has caught OpenAI’s attention

The Zhipu AI logo is seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images OpenAI is putting a spotlight on an under-the-radar artificial intelligence startup that it believes is on the “front line” of China’s race to lead the world in AI — and its not DeepSeek.  In a blog post […]

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CNBC Daily Open: Funny how the S&P 500 is teasing a new high amid uncertainties
World

CNBC Daily Open: Funny how the S&P 500 is teasing a new high amid uncertainties

Traders work at the New York Stock Exchange on June 25, 2025. NYSE Have we gone back in time? It certainly seems on the markets front. Just look at the S&P 500 and you will think that it’s back in February — before U.S. President Donald Trump’s “reciprocal” tariffs, before the White House’s “One Big […]

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Nvidia’s comeback sparks a rally in Asian chip stocks
World

Nvidia’s comeback sparks a rally in Asian chip stocks

A semiconductor wafer is on display at Touch Taiwan, an annual display exhibition in Taipei, Taiwan, on April 16, 2025. Ann Wang | Reuters Chip stocks in Asia rose Thursday, after artificial intelligence darling Nvidia’s shares hit a record close to reclaim the title of the world’s most valuable company. Shares of South Korea’s SK Hynix, […]

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CNBC Daily Open: Despite all the uncertainty, the S&P 500 is flirting with record highs — strange times
World

CNBC Daily Open: Despite all the uncertainty, the S&P 500 is flirting with record highs — strange times

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 23, 2025. Brendan McDermid | Reuters Have we gone back in time? It certainly seems on the markets front. Just look at the S&P 500 and you will think that it’s back in February — before U.S. […]

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Nvidia CEO says robotics is chipmaker’s biggest opportunity after AI
Technology

Nvidia CEO says robotics is chipmaker’s biggest opportunity after AI

Jensen Huang, CEO of Nvidia, is seen on stage next to a small robot during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Gonzalo Fuentes | Reuters Nvidia CEO Jensen Huang said that, other than artificial intelligence, robotics represents the chipmaker’s biggest […]

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Nvidia shares head for record close as Wall Street shrugs off China concerns
World

Nvidia shares head for record close as Wall Street shrugs off China concerns

Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Gonzalo Fuentes | Reuters Nvidia shares rose nearly 3% on Wednesday and headed for a record close for the first time since […]

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