Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects
The OECD has cut its global growth outlook, warning of lasting damage caused by the Middle East conflict.
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Perplexity CEO tells CNBC one metric will determine who wins the AI race
Perplexity CEO Aravind Srinivas said that whichever company can provide the “most taken value per watt per user” will be the AI winners in the future.
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Trump tariff plans weigh on European stocks; Dulux owner’s shares halted as takeover falls through
Investors are also continuing to monitor developments in the U.S.-Iran war after tensions escalated overnight.
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CNBC Daily Open: Records upon records for major markets
Wall Street marks another round of fresh record highs, but will new trade tensions and deadlock over Iran start to take the shine off the AI trade?
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CBS fires veteran correspondent Scott Pelley amid turmoil over direction of ’60 Minutes’
CBS News has fired high-profile “60 Minutes” correspondent Scott Pelley amid debate about the direction of the show, a mainstay of the network.
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UK Exchange newsletter: English football — in a league of its own?
English football appears to be riding high following Arsenal’s Premier League win. But scratch beneath the surface and all is not as good as it looks.
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Bitcoin hits lowest since February as crypto competes for liquidity with blockbuster IPOs
Bitcoin continues to decline as stocks hit record highs, with investors also eyeing big IPOs.
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India’s central bank may hike rates to defend its currency
A falling currency and rising risk of higher inflation could prompt India’s central bank to hike interest rates.
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Investors bet humanoid robots will transform industry and homes over the next decade
“Be ready for it,” said one fund manager who sees enormous opportunities in the space.
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Big Tech’s AI ambitions pose a major power test for Europe
Japan’s SoftBank on Saturday announced plans to build 3.1 GW of AI data centers in the northern Hauts-de-France region by 2031.
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