CNBC

China's Zhongji Innolight sees shares surge after Hong Kong listing ...

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... people familiar with the matter. Continue Reading. The deal size will exceed Luxshare Precision's $3.1 billion IPO earlier this month, making it the largest ...



Social media influencers Andrew and Tristan Tate arrested in Miami

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The brothers are expected to appear in Miami's federal court early next week, according to a person familiar with the matter who spoke to on the condition ...



Samsung cuts U.S. jobs, offers relocations ahead of HQ move - CNBC

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Sources declined to be identified because of the sensitivity of the issue. The cuts — though related to the shift in headquarters — underscore divergent ...



Samsung cuts U.S. jobs, offers relocations ahead of HQ move: Reuters

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... people familiar with the matter. The South Korean tech giant said on Sunday in a statement to Reuters that 739 roles in Englewood Cliffs, New Jersey, have ...



Trump Media pitched $100,000/month fee for fastest feed of ... - CNBC

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... people familiar with the matter. Trump Media & ⁠Technology Group, which owns Truth Social, has in recent weeks also pitched a discounted plan of $60,000 per ...



Anthropic in early talks with Meta to acquire compute power - CNBC

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Anthropic is in very preliminary talks to lease computing power from Meta, a person familiar with the matter told CNBC's Kate Rooney. Shares of the social ...



Trump administration is dictating access to frontier AI models - CNBC

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The so-called clearinghouse would put the White House in charge of greenlighting which companies can access new AI models, according to a person familiar with ...



Oil tankers face 'worst case scenario' in Hormuz, maritime risk CEO ...

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A senior Trump administration official, who requested anonymity because the person wasn't authorized to speak publicly, told CNBC that ships carrying ...



The Trump administration is now dictating access to frontier AI models

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The Trump administration is taking steps to control who gets access to the latest frontier models, sources familiar with the matter told CNBC.



Iraq, Syria to restore oil pipeline that provides alternative to Hormuz

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Saudi Arabia is considering expanding its pipeline to the Red Sea by 2 million bpd, Reuters reported on July 7, citing people close to the matter. Analysts ...



Pipelines around Hormuz won't end threat Iran poses to Middle East ...

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Saudi Arabia is considering expanding its pipeline to the Red Sea by 2 million bpd, people close to the matter told Reuters last week. These projects are ...



Alphabet shares fall on report its Gemini 3.5 Pro AI model is delayed

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... sources familiar with the matter. The model's coding capabilities, in particular, were short of internal expectations and come at a time when rivals like ...



Trump teleprompter operator suspend amid Kalshi bets probe - CNBC

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A person familiar with the investigation of the trades by the Commodity Futures Trading Commission, who spoke on the condition of anonymity, identified the ...



Stripe, Advent offer to buy PayPal for more than $53 billion: Reuters

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... people familiar with the matter said. The offer, submitted earlier this month, is backed by about $50 billion in committed financing from banks, the people ...



Anthropic moves closer to IPO as bankers line up investor meetings

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... declined to be identified speaking about the process. The meetings suggest Anthropic's IPO preparations are advancing, as bankers begin sounding out ...



PayPal stock soars as Stripe, Advent make $53B takeover offer

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The companies made a $60.50 per share cash offer for the payments firm, according to people familiar with the deal, who asked not to be named because the ...



Is Hormuz open? Trump's toll threat intensifies rush to bypass the ...

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... sources familiar with the matter. DP World declined to comment when contacted by CNBC. Ahmed bin Sulayem, chief executive of the Dubai Multi Commodities ...



ICE suspends vehicle stops for U.S. immigration enforcement - CNBC

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U.S. Immigration and Customs Enforcement on Tuesday suspended vehicle stops related to immigration enforcement, two sources briefed on the matter said told ...



E. Jean Carroll gets $5.6M from Trump in sex abuse, defamation case

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A person close to Carroll confirmed to CNBC that the funds have been transferred to the writer. "Three years ago, a unanimous nine-person jury found ...



Dollar jumps on renewed Middle East attacks, Hormuz closure - CNBC

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... sources familiar with the central bank's thinking told Reuters. In cryptocurrencies, bitcoin was down 0.6% at $63,770.42, while ether slipped 1.1% to ...



U.S. and Iran trade airstrikes amid conflict over the Strait of Hormuz

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A senior Gulf government official told MS NOW that the region is on "high alert" after the Iranian strikes. The source said Iran's "desire to control the Strait ...



Khosla family to purchase Seattle Seahawks for $9.612 billion - CNBC

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The person spoke to The Associated Press on condition of anonymity because the deal is still subject to NFL approval. The Khosla family will become the ...



Who will replace Lindsey Graham in the Senate? - CNBC

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A person familiar with Mace's thinking, who spoke on condition of anonymity, said she is "strongly considering" running for the seat and would be out with ...



Rep. Nancy Mace interested in Lindsey Graham's vacated Senate seat

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Nancy Mace, R-.S.C., is "strongly considering" a run for the seat, according to a person familiar with her thinking. Rep. Joe Wilson, R-S.C ...



Burnout, frustration and heartbreak: Amazon layoffs take their toll

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... asked not to be named because the layoffs weren't made public. The company laid off 57 employees in its home state of Washington between May and early June ...



Ryanair jet window 'dislodged' in flight, emergency landing in Greece

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Two sources with knowledge ​of the incident ​relayed the same ⁠details to Reuters. Ryanair did not immediately respond to an emailed request for comment on ...



OpenAI power consolidates under co-founder Greg Brockman ...

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... asked not to be named due to confidentiality. Brockman will oversee OpenAI's ChatGPT product business, as well as its go-to-market teams, enterprise teams ...



Prediction markets spark insider trading fears. How firms are ... - CNBC

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... people familiar with the matter. Continue Reading. A representative for Goldman declined to comment on the policy, but did state that the bank prohibits ...



CNBC Daily Open: Strait of Hormuz, Ukraine's attacks in Russia ...

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... asked not to be named because the talks are private. —Alex Sherman. Choose CNBC as your preferred source on Google and never miss a moment from the most ...



Apple begins testing CXMT chips for devices sold in China, FT says

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It is lobbying the U.S government to permit broader use of its products, the Financial Times reported on Wednesday, citing people familiar with the matter.



Bezos' Blue Origin valued at $130 billion in first fundraising round

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... asked not to be named because the details are private. The remaining $4 billion has seen significant demand, with several major investors expected to ...



Platner candicacy in Maine Senate race teeters - CNBC

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A source close to Kleban, granted anonymity to share the beer mogul's thinking, told CNBC that Kleban is fielding calls and is "seriously weighing it." "He ...



Amazon raising at least $25B in bond sale, won't issue debt in 2026

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... asked not to be named because the details are private. Continue Reading. Amazon disclosed plans for the capital raise in a filing with the SEC on Tuesday ...



FIFA World Cup media rights: Netflix, Disney, YouTube prepare to bid

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... asked not to be named because the discussions are private. Fox paid $485 million for the English-language rights for this year's tournament, hosted across ...



Kalshi traders give low odds the U.S. takes a stake in OpenAI in 2026

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The source asked not to be named because the details are confidential. Last week President Donald Trump avoided answering CNBC's question on the proposed ...



Amazon raising $25B in bond sale, won't issue more debt in 2026

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... asked not to be named because the details are private. Amazon disclosed plans for the capital raise in a filing with the SEC on Tuesday, but it didn't ...



U.S. revokes Iran oil sales authorization after tanker attacks - CNBC

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"Iran will only reap benefits if they exhibit good behavior," a U.S. official told CNBC, speaking on condition of anonymity to talk about private discussions.



China's Alibaba bans Anthropic for employees after attack claims

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... person familiar with the matter told CNBC. The person asked not to be named in order to discuss internal policies. TeraWulf CEO on Anthropic deal: Demand ...



Microsoft cuts 2.1% of employees as Xbox unit plans to spin studios

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The cuts amount to 20% of Xbox employees, according to a person familiar with the matter, who asked not to be named in order to discuss internal changes.



Lockheed Martin leading race for $3.5 billion buy of Ultra Maritime

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The deal to acquire Ultra is roughly $3.5 billion, and Guggenheim and JPMorgan are advising on the sell side, according to sources close to CNBC. Continue ...



OPEC+ set to approve another oil output increase: Reuters - CNBC

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OPEC+ is set to agree on ​Sunday to another increase in output targets ​from August, sources with knowledge of ​the matter said, adding to global supply ...



Acting DNI Pulte fires dozens of intelligence officials: MS Now - CNBC

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... on the condition of anonymity for fear of reprisal. Continue Reading. The intelligence official told MS Now that the Trump administration was removing ...



Tank maker KNDS postpones IPO amid market struggles for defense

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... sources familiar with the matter told CNBC. Media reports have previously suggested that the valuation could reach as much as 25 billion euros, but those ...



Apple to introduce at least five new iPhone models amid memory ...

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... people familiar with the matter. Continue Reading. Ahead of launching its first-ever foldable device, Apple has already secured components for about 80 ...



Citadel's hedge funds post broad first-half gains - CNBC

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... asked not to be identified because the information is private. Continue Reading. Citadel's tactical trading fund also weathered a late-June shakeout in ...



Trump defends business dealings, his children in CNBC interview

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... asked not to be named because the details are confidential. The talks have been in progress for more than a year, as CNBC previously reported, but nothing ...



Trump wants delay, E. Jean Carroll wants verdict paid - CNBC

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... asked not to be identified by name, said. Judge Kaplan on Wednesday ordered Trump's lawyers to respond by next Tuesday to Carroll's motion for the award to ...



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 ...

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