Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Analysis: A powerful new coalition of AI skeptics is coalescing right in Trump’s blind spot
Evangelicals, labor unions and anti-AI-data-center activists are part of a groundswell worrying about how fast technology is changing.
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Saudi military strikes Houthi targets in Yemen after the Iran-backed militia attacked Red Sea shipping
Saudi Arabia intercepted two ballistic missiles from Yemen, Greek security sources told Reuters, as fighting in a second front in the Iran war escalates.
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Trump mixes jokes with barbs at White House Correspondents’ dinner
The black-tie gathering was called off on April 25 after a man tried to force his way through a security checkpoint and fired a shotgun.
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Finland’s radical answer to renewable energy’s biggest headache: The world’s largest sand battery
A small Finnish town has turned to the world’s largest commercial sand battery to tackle a major hurdle in the energy transition: intermittency.
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Nvidia locks down memory supply from SK Hynix as part of $500 billion AI deal
Nvidia is aggressively securing supply of high-bandwidth memory, an essential component for its GPUs and systems.
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SpaceX launches massive Starship rocket in first test flight since IPO
Elon Musk’s rocket maker is conducting the first test fight for its massive Starship rocket since the company’s IPO last month.
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Uber and Waymo to end exclusivity arrangement in Atlanta and Austin
In Atlanta and Austin, Texas, Waymo driverless rides will be available on platforms other than Uber starting in 2028.
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Trump sued hours after new tariffs take effect, as experts say they may not hold up
President Donald Trump has renewed a flurry of tariffs, including slapping 25% duties on Brazilian imports and vowing 50% tariffs on goods from Canada.
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Musk’s bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
Tesla shares plunged almost 18% this week after the company missed on earnings and turned cash flow negative.
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Bond market anxiety is growing over AI capex budgets
Google, Amazon and Meta are seeing credit spreads widen as fixed-income investors demand more reward on companies they lend to.
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