Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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SoftBank sinks 8% as Japanese chip stocks track Wall Street AI sell-off
Japanese AI-linked stocks tumbled as a fresh rout in U.S. semiconductor shares spread across Asia after Taiwan Semiconductor Manufacturing’s outlook failed to reassure investors.
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Seven & i shares jump 4% on report of stake talks with Polish convenience chain Zabka
Shares of Seven & i Holdings Co. jumped 4% after a Nikkei report flagged stake talks with Poland’s Zabka Group.
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One of China’s top investors says finance, not AI, is the country’s biggest bottleneck
Finance would be China’s weak point in a prolonged rivalry with the U.S. which has the world’s deepest capital market, says Primavera Capital founder Fred Hu.
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SpaceX aborts Starship test flight, sending stock lower
Elon Musk said it would make another attempt “hopefully in a few days.” SpaceX completed the maiden test flight of its Starship V3 rocket in May.
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Jim Cramer says the pullback in this aerospace giant is a buying opportunity
CNBC’s Jim Cramer said GE Aerospace’s post-earnings sell-off overlooks another strong beat-and-raise quarter.
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Jim Cramer likes these 5 non-tech stocks Wall Street got wrong this earnings season
CNBC’s Jim Cramer said Wall Street unfairly punished several companies despite delivering strong earnings.
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Cramer’s lightning round: ‘Vertiv is in speculative hands right now’
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Microsoft’s Nadella criticizes Anthropic’s Fable for being ‘editorially controlled’
Microsoft enjoys close ties to Anthropic, but it’s also working to help companies refine models that keep their data private.
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Has Nike lost its ‘cool’ factor? LeBron James weighs in
Nike’s stock has slumped as the sportswear giant faces new competitors and waning influence. LeBron James has some advice on how to regain its ‘cool’ factor.
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Elon Musk’s Memphis AI empire is the epicenter of the data center backlash
Data center-related policy proposals, protests and litigation are underway across the country citing Colossus and Memphis as a cautionary tale.
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