Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Meta reportedly begins dismantling $2 billion Manus deal on Beijing’s orders
Meta has reportedly begun dismantling its acquisition of Manus, moving to comply with Beijing’s unprecedented order to hand back the Chinese-founded AI startup.
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UK economy shrank 0.1% in April as Iran conflict weighed on growth
U.K. GDP fell 0.1% in April as services activity declined and companies cited pressure from the Middle East conflict.
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ChatGPT hits a billion monthly app users despite souring public AI sentiment
ChatGPT reached a billion monthly users in May despite growing unease over its ethical and environmental impacts.
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CNBC Daily Open: The buyers are back ahead of SpaceX IPO
SpaceX will start trading on the Nasdaq today after raising $75 billion in its record-breaking IPO, as Wall Street’s rally resumes on Iran peace hopes.
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From software to robotics: ‘Rolling bubbles’ and how investors can trade them, according to Macquarie
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuInvestors can profit from identifying the next market fixation in a series of rolling bubbles, according to Macquarie’s head of global desk strategy
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BTS-mania poised to boost South Korea’s economy well into the future
BTS-mania, with all the fan spending and travel, is poised to boost South Korea’s economy well into the future
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A Chinese start-up’s unfolding dilemma exposes cracks in Beijing’s tech funding machine
While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.
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CNBC Daily Open: Markets score big as Iran war nears final whistle and SpaceX takes the field
Investors cannot take their eyes off another story playing out: the possibility that the Iran war might finally come to an end.
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Oil prices fall on hopes of U.S.-Iran deal despite Tehran pushback
Oil prices fell on Friday after U.S. President Donald Trump said Washington had reached a framework agreement with Iran, raising hopes that tensions in the Middle East could ease.
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SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaits
SpaceX is selling 555.6 shares at $135 a piece, raising $75 billion in the largest IPO on record.
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