United States
Bitcoin briefly falls below $90,000 to lowest since April
Representations of cryptocurrency Bitcoin are seen in this illustration taken Nov. 25, 2024. Dado Ruvic | Reuters Bitcoin wavered as investors continued to shed their speculative technology holdings with the cryptocurrency first among them. Bitcoin was last trading up 1.6% at $93,236.00, but earlier Tuesday touched $89,259, its lowest since April 22. Bitcoin is up […]
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Property Play: BXP chief says the office sector has bottomed, but buildings still need to be demolished
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The U.S. office […]
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Toyota to invest $912 million in U.S. plants to increase hybrid vehicle production
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC Toyota Motor on Tuesday announced plans to invest $912 million in U.S. manufacturing plants in five Southern states as part of a previously announced plan for the company to invest up to $10 billion domestically by 2030. The investments announced Tuesday are broadly […]
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Downdetector shows Elon Musk’s X down for thousands of U.S. users, Cloudflare having issues
Cloudflare store is seen at Promenade Street in Davos, Switzerland on Jan. 21, 2025. Ömer Sercan Karku | Anadolu | Getty Images Elon Musk’s X was down for thousands of users in the U.S. on Tuesday, according to outage tracking website Downdetector.com. There were more than 11,500 reports of issues with the social media platform […]
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Global stocks sell-off as AI valuation concerns persist ahead of Nvidia earnings
Global equities tumbled Tuesday as concerns of inflated valuations and an uncertain macro environment grips investors ahead of Nvidia earnings this week. The pan-European Stoxx 600 opened in negative territory on Tuesday with mining-linked stocks and banks leading Europe’s losses. The Stoxx Europe 600 Technology Index shed 1.4%, following in the footsteps of U.S. stocks as fears of an artificial intelligence-fueled bubble persist. The three major U.S. indexes, Dow Jones […]
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CNBC Daily Open: We could still close the year with a rally despite AI slump
The Nasdaq Composite dropped 0.84% Monday stateside as technology stocks were under pressure, with Apple, Meta and Oracle retreating more than 1% each. Artificial intelligence lynchpin Nvidia performed worse, losing almost 2%. CEO Jensen Huang in October said the chipmaker had “half a trillion dollars” of business on the books for 2025 and 2026. When […]
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Saudi crown prince to visit U.S. for the first time since Khashoggi scandal
U.S. President Donald Trump shakes hands with Saudi Crown Prince Mohammed Bin Salman during a welcoming ceremony in Riyadh, Saudi Arabia, May 13, 2025. Bandar Algaloud/courtesy Of Saud | Via Reuters U.S. President Donald Trump is set to meet with Saudi Arabia’s Crown Prince Mohammed bin Salman on Tuesday, with the leaders expected to discuss […]
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European markets set to slump at the open as AI worries return
European bourses are expected to open lower on Tuesday as global markets pull back on renewed concerns over AI-linked stocks. Source
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CNBC Daily Open: AI still under pressure — but some analysts see a year-end rally
People pose for pictures at the Wall Street Bull in New York’s Financial District on June 24, 2024 in New York City. Spencer Platt | Getty Images The Nasdaq Composite dropped 0.84% Monday stateside as technology stocks were under pressure, with Apple, Meta and Oracle retreating more than 1% each. Artificial intelligence lynchpin Nvidia performed […]
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Asia-Pacific markets fall, tracking Wall Street declines on tech losses and AI jitters
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets fell Tuesday, following a tech-led slide on Wall Street. Japan’s benchmark Nikkei 225 slid 0.92%, while the Topix declined 0.6%. South Korea’s Kospi was 0.64% lower while the small-cap Kosdaq slid 0.58%. Futures […]
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