CNBC

Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 ...

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... sources familiar with the matter. Baidu confidentially filed a listing application for Kunlunxin on the Hong Kong Stock Exchange at the start of the year ...



Comcast NBCU spinoff raises hope for M&A. There aren't good options

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... according to a person close to the situation who asked not to be named because the discussions are private. When Comcast decided to siphon off its cable TV ...



SpaceX $25 billion bond sale raises investor questions - CNBC

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They asked not to be named because the details are private. But the move appeared to unnerve equity investors, with SpaceX falling more than 13% for the ...



Google limits Meta's use of its Gemini AI models, FT reports - CNBC

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Reuters could not immediately verify the report, which cited people familiar with the matter. Google and Meta did not immediately respond to requests for ...



How GE Vernova builds the turbines powering the AI data center boom

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Executives from nearly every major hyperscaler have walked the floor of the factory, according to a person familiar with the visits, who asked not to be ...



China industrial profits stay resilient as economy leans on factories

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China's central bank had instructed some commercial banks to increase their lending this month, people familiar with the matter said on Friday, the latest ...



Trump nominates ex-Oklahoma state trooper Lance Schroyer as ICE ...

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Venturella is expected to remain acting director until Schroyer is Senate-confirmed, according to a DHS official speaking on condition of anonymity. ICE has ...



Trump eases pressure on Fed Chairman Kevin Warsh as inflation ...

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... on condition of anonymity to describe behind-the-scenes conversations. "I wouldn't say it's necessarily a shift in policy, or how we're seeing the data ...



Walmart heir Lukas Walton buys minority stake in Chicago Bulls

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The size of the minority stake and the valuation were not disclosed, but a person familiar with the matter told CNBC the Waltons' stake in the team and ...



Sources: OpenAI hasn't held pre-IPO meetings or set timeline yet

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... sources familiar with the company's plans. Those meetings to test the waters with investors will likely start once the artificial intelligence company has a ...



CFTC is conducting an investigation into Polymarket, source says

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The Commodity Futures Trading Commission has an extensive, ongoing investigation into prediction market platform Polymarket, a person familiar with the inquiry ...



Warsh reaches within the Fed for latest advisory appointments - CNBC

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... asked not to be named because the discussions were private. Covitz is one of three deputy directors in the research and statistics division while Engstrom ...



JPMorgan names Petno and Rohrbaugh co-presidents; Lake exits

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... declined to be identified speaking about the bank's plans. Either manager could take over for Dimon in the short term if needed, they said. While Petno ...



Rescue work underway after quakes rock Venezuela, 'high ... - CNBC

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Another resident, a 41-year-old office worker who declined to be named, said she received an earthquake alert on her phone just before the shaking intensified.



VIX owner Cboe jumps into prediction markets to build on ... - CNBC

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Earlier, CNBC reported that Meta Platforms CEO Mark Zuckerberg has directed staff to create a prediction markets platform, citing a person familiar with the ...



CNBC Daily Open: Tech rout, MSCI moves on Indonesia and South ...

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The company received nearly $90 billion worth of orders, according to people familiar with the fundraising who asked not to be named because the details are ...



Chief of staff to former NYC Mayor Eric Adams, 3 others charged in ...

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... requested anonymity because they were not authorized to discuss the investigation. Maddrey's home was also searched by federal agents, the person said. The ...



Anthropic's Mythos model found vulnerabilities in classified U.S. ...

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The official, who spoke on the condition of anonymity to discuss the matter, said Anthropic had teamed up with U.S. intelligence agencies to conduct tests ...



China detains two Japanese nationals suspected of smuggling ...

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... sources familiar with the matter. Kihara did not specify what the goods involved in the arrest were. China dominates the global market for rare earths ...



CNBC Daily Open: Trump takes on big oil

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The person familiar, who was not authorized to speak on the record about the company's plans, also confirmed to CNBC that the prediction markets app would ...



Chief of staff to former NYC Mayor Eric Adams arrested in federal ...

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... on condition of anonymity. Continue Reading. No other details were immediately available. Indictments were expected to be unsealed later Wednesday. Trending ...



Defense stocks plummet after Germany scraps warship plans - CNBC

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Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to the Financial Times.



Meta is building a prediction markets app. These stocks fell - CNBC

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Meta Platforms CEO Mark Zuckerberg has directed staff to create a prediction markets platform, a person familiar with the company's plans who asked not to ...



SpaceX raises $25 billion in debt sale less than two weeks after IPO

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... asked not to be named because the details are private. Continue Reading. Bloomberg was first to report on the orders figure. Banks managing the bond sale ...



Atlanta Fed pick emerges as key opportunity for Warsh to reshape ...

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... on condition of anonymity to discuss the ongoing search. Michael Faulkender, a former senior Treasury official under President Donald Trump, was ...



SpaceX kicks off bond sale days after record IPO, discloses cash pile

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Sources familiar with the matter told CNBC that SpaceX is looking to raise $20 billion, with the sale expected to kick off as early as Tuesday. Shares fell ...



Starmer considers political future, could decide as soon as Monday

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"Keir likes to think about things," the source said. Adding to the pressure on Starmer, U.S. President Donald Trump predicted on his Truth Social platform ...



Iran's military command says Strait of Hormuz is closed again - CNBC

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The official spoke on condition of anonymity because he was not authorized to speak publicly. There was no immediate Israeli comment. Earlier Saturday, Israeli ...



AI buildout giving tech investors new reasons to watch bond market

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Reuters reported on Thursday, citing two sources familiar with the matter, that bankers for SpaceX , which debuted on the Nasdaq last week, are preparing to ...



U.S. and Iran begin talks amid conflicting claims on Strait of Hormuz

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Iran's Tasnim news ⁠agency, citing a source close to the negotiating ⁠team, ‌said that the strait would ‌not be reopened as long as a ceasefire ⁠in Lebanon ...



Trump attack on Fed's Lisa Cook cost her more than $1 million - CNBC

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"A Supreme Court case is not cheap," a person familiar with Cook's situation said about her legal expenditures, speaking anonymously to describe sensitive ...



U.S. holds off blacklisting China's DeepSeek, more than 100 firms ...

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... people familiar with the matter, as the Trump administration tries to avoid escalating tensions with Beijing. DeepSeek, CXMT and other companies were ...



Anthropic Google DeepMind CEOs call for U.S.-led AI coalition at G7

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... asked not to be named because they weren't authorized to discuss the meeting. Continue Reading. Canadian Prime Minister Mark Carney agreed that the U.S. ...



Anthropic asked for regulation. Washington went much further - CNBC

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... asked not to be named in order to discuss confidential matters. There was no communication from the government of a national security threat, the person ...



Iran to define Hormuz future with Oman, Gulf states: U.S. officials

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The U.S. officials, speaking on condition of anonymity to discuss the terms that hadn't been made public, read the contents of the MOU to reporters on a ...



SpaceX to acquire the AI coding startup Cursor for $60 billion - CNBC

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... requested anonymity because the details are confidential. SpaceX President and COO Gwynne Shotwell recently told CNBC's Morgan Brennan that the Cursor ...



How Carvana's expansion to new vehicles could reshape the U.S. ...

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... requested anonymity to speak about matters that have not been made public. "It's bred out of desperation," said a Stellantis dealer who asked for anonymity ...



5 things to know before the stock market opens Tuesday - CNBC

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One person familiar with the matter said Trump's trust in Warsh will provide him with "some scope of action." That could help Warsh announce that the Fed is ...



CNBC Daily Open: Iran framework signed but not delivered

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AI darling Nvidia is planning its first debt sale of the AI boom, with a source with knowledge of the matter indicating the company could look to raise at ...



Nvidia plans to raise about $20 billion first debt sale in AI boom

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Sources confirming the $20 billion figure asked not to be named because the numbers aren't public. Continue Reading. Nvidia shares rose 3% on Monday and are ...



Anthropic to meet with Trump administration over Mythos dispute

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... asked not to be named in order to discuss confidential matters. The government called Anthropic at 1:00 p.m. ET on Friday and instructed the company to ...



Trump is giving Warsh room to reshape the Fed - CNBC

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The president will treat Warsh differently than former Chair Jerome Powell in these conditions, a person familiar with the dynamics told CNBC. Trump trusts ...



Israel says military attacks Hezbollah targets in southern Beirut

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Iran has long made the cessation of fighting in Lebanon a condition for any wider agreement with the United States. Lebanese security sources said the attack on ...



Meta hired Alexandr Wang to build AI. It's Zuckerberg's job to sell it

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... sources said. On the May podcast, Wang dismissed any reported internal conflicts.



UAE denies 'false' reports of fund transfer to Iran - CNBC

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One of the sources with knowledge of the arrangement was also quoted as saying a first tranche of $3 billion had already been made available. Reuters could ...



Trump to meet with Mideast and Ukraine leaders at G7, officials say

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One of the senior U.S. officials, who briefed reporters on condition of anonymity about Trump's trip, said Russian gains have "more or less stopped." "We ...



CNBC Daily Open: Markets score big as Iran war nears final whistle ...

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Trump cancels strikes on Iran and says - again - that an Iran deal is settled. · Oil tanker traffic through the Strait of Hormuz should materially increase if a ...



Trump admin: Iran deal signing likely in days, not 100% certain

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But the official, who spoke to reporters on condition of anonymity to discuss the latest developments in negotiations with Tehran, said the U.S. is not "100 ...



Meta reportedly begins dismantling $2 billion Manus deal ... - CNBC

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... people familiar with the matter. Continue Reading. The separation comes as Manus and Meta scramble to heed Beijing's demand to dismantle a deal that has ...



SpaceX IPO, U.S-Iran deal, Bezos on AI and more in Morning Squawk

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SpaceX is earmarking a smaller-than-anticipated portion of its IPO for retail traders, a person familiar with the matter told CNBC yesterday. While the IPO ...

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