Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership
The technological rivalry between China and the U.S. has intensified, as they race for AI dominance.
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Ex-Fed advisor gets over three years in prison for lying about China ties
The case marks one of the most prominent U.S. prosecutions alleging Chinese intelligence targeting of U.S. institutions, as Trump intensifies its pursuit of foreign economic espionage.
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CNBC Daily Open: Big Tech rally drowns out Iran war fears — Buffett urges caution
Stocks closed higher on Big Tech gains and a surprise drop in wholesale prices, shrugging off fresh U.S. strikes on Iran, a naval blockade.
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Bank of Korea raises rates to 2.75% in first hike in over three years
The 25 basis point hike by the Bank of Korea was in line with a survey of economists polled by Reuters.
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SK Hynix shares plunge 11% as Asia sees tech rout, tracking U.S. chip losses
Asian semiconductor stocks tumbled on Thursday as a selloff in U.S. chipmakers spilled into the region.
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$100M New Jersey deli fraud defendant Patten wants no prison time despite past conviction
James Patten is the person to be sentenced for a scheme that sent the market capitalization of a company that owned just a small New Jersey deli soaring.
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Cramer’s lightning round: Buy Bloom Energy
“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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Jim Cramer says he needs ‘cold hard’ proof that AI is paying off
CNBC’s Jim Cramer said he’s looking for companies to start showing measurable financial returns from their AI investments.
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Jim Cramer questions whether Wednesday’s rally in Big Tech will have staying power
CNBC’s Jim Cramer warned that Wednesday’s rally in tech may have gotten carried away from fundamentals.
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Stock futures are little changed as traders await retail sales and labor data: Live updates
Investors are looking ahead to retail sales data and jobless claims for further signs the economy is slowing enough to keep inflation under control.
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