CNBC

Apple iPhone 17 goes on sale as questions remain over China ...

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First in line at the Apple flagship Store in Sanlitun, Beijing, this morning, was Liu — he did not wish to be identified by his full name — who told CNBC ...



Baidu shares surge amid positive signs for its growing AI business

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To train its AI models, the company has started using internally designed chips, The Information reported last week, citing people with direct knowledge of the ...



Stock market news for Sept. 18, 2025

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... people briefed on the matter. The decision to close the investigation comes after two days of talks between U.S. and Chinese officials earlier this week ...



Oracle to keep TikTok cloud agreement with China deal, sources say

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The deal is expected to close in the next 30 to 45 days, according to the sources, who asked not to be named because the details of the negotiations are ...



U.S., Chinese officials talks in Spain on trade, TikTok deadline

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But the source said the issue's public inclusion as an agenda item on the Treasury's announcement of the talks gives the Trump administration political ...



Fintech firm Lendbuzz files for IPO

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The Boston-based company is targeting a valuation of around $1.5 billion, according to a person familiar with the matter, who asked not to be named discussing ...



Nvidia and OpenAI to back major investment in UK AI infrastructure

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Nvidia and OpenAI are discussing a sizable deal to support data center development in the U.K., a person familiar with the matter told CNBC. It is expected ...



Trump presses European Union to impose 100% tariffs on India and ...

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The proposal, first reported by the Financial Times, was confirmed to CNBC's Megan Cassella by two sources familiar with the matter. Trump made the request ...



Japan's Nikkei 225 hits a new high as SoftBank surges over 10%

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... sources familiar with the matter. Oracle shares closed 35.95% higher Wednesday stateside after the cloud giant reported gobsmacking cloud demand numbers ...



Europe and the U.S. talk Russia sanctions as attacks ramp up

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European officials are now working on their 19th package of sanctions against Moscow, with one EU official, who did not want to be named as the measures are ...



Nvidia's Huang joining Trump on UK state visit next week

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The person asked to remain anonymous in order to discuss the trip. The Nvidia chief is one of several U.S. business leaders who are expected to accompany ...



CNBC's Official NFL Team Valuations 2025

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In 2024, the Cowboys generated about $300 million in sponsorship revenue, by far the most in the NFL, according to a person familiar with the matter, who ...



Taiwan estimates China spent $21 billion on military exercises in the ...

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The officials, who were briefed on the research, declined to be identified because of the sensitivity of the matter. Neither China's defense ministry nor ...



TikTok owner ByteDance sets valuation at over $330 billion

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The revised valuation and the second-quarter revenue growth details had not been reported previously. The sources declined to be named as they were not ...



Pentagon's innovation unit chief resigns in latest shake-up, sources ...

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... a person with direct knowledge of the email. He wrote that the DIU will be transitioned to new leadership overseen by Emil Michael, the Under Secretary of ...



Google scores six-year Meta cloud deal worth over $10 billion

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The agreement spans six years, said the people, who asked not to be named because the terms are confidential. The deal was reported earlier by The ...



Meta unveil Hypernova smart glasses with display, wristband at ...

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Meta's glasses are codenamed Hypernova and will include a small display in the right lens of the device, people familiar with the matter told CNBC.



Trump eyes U.S. government stakes in other chip makers that ...

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Expanding on a plan to receive an equity stake in Intel in exchange for cash grants, a White House official and a person familiar with the situation said ...



Intel in talks with other investors for equity boost, sources say

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Intel is in talks with other large investors to receive an equity infusion at a discounted price, people familiar with the matter told CNBC's David Faber.



Gates, Nvidia-backed robotics firm Field AI hits $2 billion valuation

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The latest round values the two-year-old startup at $2 billion, according to a person familiar with the matter. Field AI's latest round comes during a busy ...



Nvidia working on new AI chip for China that outperforms the H20 ...

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... people briefed on the matter said. U.S. President Donald Trump last week opened the door to the possibility of more advanced Nvidia chips being sold in ...



Tech's AI deals are leaving behind zombie companies, investors say

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OpenAI wasn't interested, said the person, who asked not to be named because the talks were confidential. OpenAI's exclusivity period for the potential ...



Three things Europe wants as leaders prepare to meet Trump

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An EU official, who follows these geopolitical topics but did not want to be named due to the sensitivity of the issue, told CNBC that "NATO article-5 like ...



Trump considering 11 candidates for Fed chair, including David ...

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... declined to be named. The new names include Jefferies Chief Market Strategist David Zervos, former Fed Governor Larry Lindsey and Rick Rieder, chief ...



China warns companies against using Nvidia and AMD chips, report ...

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... sources familiar with the matter. Authorities have recently told companies to avoid using the Nvidia chips, or those from Advanced Micro Devices , for ...



Sinclair is exploring merger options for its broadcast business

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The company and its advisors have already held deep discussions with potential merger partners, according to people close to the matter who could not speak ...



OpenStore demise endgame for once-booming ecommerce ...

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... asked not to be named because of confidentiality. Jack Archer and a selection of other brands, like Future Kind supplements, Sweat Tent portable saunas and ...



Why India is in Trump's crosshairs when crude is not even sanctioned

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The sources did not wish to be identified due to the sensitivity of the matter. India has argued that it if it were to stop buying Russian oil, a plan must ...



OpenAI talks with investors about share sale at $500 billion valuation

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OpenAI is in talks to conduct a secondary share sale at a $500 billion, according to two sources with knowledge of the matter. · Earlier this year, the company ...



OpenAI's ChatGPT to hit 700 million weekly users, up 4x from last year

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The investment is part of a SoftBank -led $40 billion fundraising round, according to a person familiar with the deal, who asked not to be named in order to ...



Trump says he will 'substantially' raise tariffs on India over Russian ...

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The sources did not wish to be identified due to the sensitivity of the matter. CNBC logo · Subscribe to CNBC PRO · Subscribe to Investing Club · Licensing ...



Trump's penalty threat puts India in a bind over Russian oil

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... did not wish to be identified due to the sensitivity of the matter. Russia has become the leading oil supplier to India since the war in Ukraine began ...



Texas Democrats Illinois Republicans redistricting quorum

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Pritzker met privately in a "robust" meeting with the party chair to talk about the Texas redistricting, according to a person close to the governor. When ...



Anthropic in talks to raise fresh capital at $170 billion valuation

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Bloomberg was first to report on the latest talks, which CNBC confirmed with a person familiar with the matter who asked not to be named due to confidentiality.



Meta goes big on AI ahead of second-quarter earnings

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... asked not to be named due to confidentiality. When Meta reports second-quarter earnings on Wednesday, Zuckerberg will make the case to investors for his AI ...



Nvidia orders 300,000 H20 chips from TSMC on robust China ...

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... declined to be identified. For comparison purposes, Nvidia sold around 1 million H20 chips in 2024, according to U.S. research firm SemiAnalysis. Nvidia CEO ...



JPMorgan Chase, Apple Card: Nearing deal to replace Goldman ...

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... declined to be identified speaking about the agreement. A deal for JPMorgan to take over the Apple Card and its huge book of loans would further burnish the ...



JPMorgan: Fintech middlemen like Plaid are 'massively taxing' its ...

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Negotiations between JPMorgan and the fintech middlemen are ongoing, but the new fees could start as soon as October, said people with knowledge of the matter.



NFL to fine players for reselling Super Bowl tickets at a profit

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... declined to be named speaking about nonpublic details. Non-player personnel found in violation of the policy will also lose the ability to purchase future ...



NFL, ESPN closing in on equity ownership deal

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The NFL is closing in on a deal to take a minority stake of up to 10% in ESPN, according to people familiar with the matter, potentially tying together two ...



Trump met with Amazon's Jeff Bezos at White House last week ...

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President Donald Trump met with Jeff Bezos at the White House last week, people familiar with the matter told CNBC. Bezos has cozied up to Trump during his ...



Indonesia plans $8 billion refineries contract with U.S. firm amid ...

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to build 17 modular refineries, according to two sources familiar with the matter and an official economic ministry presentation seen by Reuters. The ...



Microsoft poaches Google DeepMind AI talent as it beefs up Copilot

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The person asked not to be named in order to discuss internal matters. On Tuesday, Amar Subramanya, who worked at Google for 16 years, most recently as a ...



JPMorgan overhauls quantum computing leadership, poaches State ...

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... a person briefed on the matter. JPMorgan has hired Rob Otter, who is State Street's global head of digital technology and quantum computing, to replace ...



China EV brands Zeekr, Neta inflated car sales using insurance ...

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But three Neta buyers, who asked not to be named, told Reuters the dealerships had not told them the policies had begun well before the purchase date, only ...



Israel and Syria agree ceasefire as Israel allows Syrian troops ...

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... asked to be identified only by his first name out of fear of reprisals. "The clashes haven't stopped," he said, adding that "we can't get news easily ...



Saudi Arabia's 'The Line' at Neom is reviewed as it considers its ...

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"They're finally starting to make financially sound decisions," the consultant, who asked to remain anonymous due to restrictions on speaking to the press, said ...



U.S. Treasury yields: 2-year Treasury yield drops

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"The President indicated he likely will soon," said the official, who spoke on the condition of anonymity to speak candidly on the issue. Separately, the ...



Laid off managers are fighting for shrinking pool of jobs

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That's the case for a a 27-year-old product director for a startup in Chicago, who declined to be named to protect her job security. She currently has a ...



Block leads fintech rebound, analysts downplay JPMorgan data fee ...

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The person, who asked not to be named in order to speak about private financial matters, noted that PayPal relies on aggregators primarily for account ...

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