Australian AI data center operator Firmus, which is backed by Nvidia, has withdrawn its planned mega initial public offering, citing market volatility and conditions, the company said in an emailed statement to CNBC.
SINGAPORE – Investors are overestimating the risk of conflict across the Taiwan Strait, a top U.S. East Asian diplomat said, stressing that deterrence and "substantial consequences" would keep Beijing from taking the is…
The political action committee says it’s “continuing to build a durable coalition that wants America to remain the global leader in AI development.”
Shares of Nvidia, Oracle, CoreWeave and other artificial intelligence names sank lower on Thursday after the market learned more details about OpenAI's revenue.
Online car dealerships like Carvana often have a bad reputation. In theory, these companies allow you to buy a car entirely online without ever talking to a salesman. Yet, they have also caused all sorts of headaches fo…
U.S. grain markets entered a decisive stretch on September 9 as farmers and traders prepared for USDA's Friday Crop Production and WASDE reports, which are expected to reduce corn and soybean yield estimates after late-…
Major League Baseball proposed shortening its regular season to 154 games from 162 as it attempts to convince players to approve a salary cap in the league's next collective bargaining agreement. The new shortened sched…
President Donald Trump said Thursday that the U.S. will not attack Iran before the Nov. 3 midterm election, explicitly tying the timing of potential further military action to the domestic political calendar.
SpaceX announced an agreement on Thursday to purchase a nationwide spectrum portfolio as it to pushes its Starlink service deeper into the U.S. telecommunications market. Shares of AT&T, Verizon and T-Mobile tumbled in …
Starbucks has reportedly explored buying Chipotle Mexican Grill, but investors are split on whether the megadeal would make sense for both companies.
The U.S. Treasury Department is sanctioning 17 additional vessels it says are connected to Iran's "shadow fleet" used to transport oil and gas out of the country, as Washington tries to choke Tehran's economy to end the…
The notice lists Morgan Stanley Smith Barney LLC as broker and NYSE as the exchange for the proposed sale.
President Donald Trump disclosed more than 500 securities transactions in August, including a purchase of up to $25 million in Meta stock and an investment of as much as $5 million in SpaceX debt two days before he sign…
The U.S. Department of Labor announced it would suspend Microsoft and Adobe from its Permanent Labor Certification program on Thursday, Labor Secretary Keith Sonderling said, as the Trump administration continues to tak…
PepsiCo’s (NASDAQ: PEP) snacks got cheaper in North America this year, on the company’s own net pricing measure, and savory snack volume rose 1% in the third quarter of 2026, yet the business that sells them earned 12% …
Skydance co-CEO David Ellison told CNBC on Thursday — days after Paramount's acquisition of Warner Bros. Discovery officially closed — that the combined company is "positioned to win in every single vertical that we ope…
Affordability is seen as one of voters' top issues heading into the 2026 midterm elections. And gas prices — one of the items where consumers are getting squeezed the most — are expected to remain elevated through Elect…
The cost of many everyday items would have declined last year and early this year without President Donald Trump's tariffs, according to the New York Federal Reserve.
The yield on the 10-year Treasury was relatively unchanged on Thursday as traders digested comments from a top Federal Reserve official while awaiting another long-dated bond auction.
Amazon on Thursday debuted a set of new, pricier Alexa tablets and said it's ditching its budget-friendly Fire lineup, marking a significant shift in the e-commerce juggernaut's devices strategy.
Homegrown political transformation, record metals prices, the energy sector, and yes, Donald Trump, are all playing a role in shaping the economic opportunities to be found in Latin America this year.
Sanford C. Bernstein assumed coverage on shares of Arista Networks (NYSE:ANET - Get Free Report) in a research report issued on Wednesday, MarketBeat Ratings reports. The firm set an "outperform" rating and a $250.00 pr…
Calling a bottom in the nonstop U.S. Treasury bond sell-off might seem crazy, but a handful of options traders look increasingly willing to do it.
The market has spent the past month doing something it probably should not have been able to do this comfortably. Bond yields have risen, oil has stayed expensive, mortgage rates have pushed higher and the Fed has kept …
