CNBC

Cerebras to raise IPO price range to $150-$160 a share - CNBC

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... people familiar with the matter told Reuters on Sunday. The company is considering a new IPO price range of $150 to $160 a share, up from $115 to $125 a ...



U.S., Iran no closer to ending war; Qatari ship nears Strait of Hormuz

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Axios first reported the meeting, adding that envoy Steve Witkoff also attended, citing two sources with knowledge of the matter. A Qatari liquefied natural ...



Hantavirus outbreak: Little chance says Kalshi - CNBC

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A former Centers for Disease Control and Prevention official and another person familiar with the matter told CNBC this week that six states are monitoring ...



EU mulls restricting use of U.S. cloud for sensitive government data

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The European Union is considering rules that would restrict its member governments' use of U.S. cloud providers to handle sensitive data, sources familiar with ...



Boeing, Citigroup CEOs set to join Trump on China visit next week

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Citigroup CEO Jane Fraser has also been invited on the trip and plans to go, a person familiar with the matter said. Trump is currently set to meet with ...



Dollar drops as optimism grows for U.S.-Iran deal; yen surge ... - CNBC

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The Axios report had cited two U.S. officials ⁠and two other sources familiar with the discussions. The yen rose by as much as 1.8% earlier in a swift move ...



FanDuel CEO Amy Howe out after five years at the sportsbook - CNBC

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Amy Howe is out as FanDuel CEO, people familiar with the matter told CNBC. Christian Genetski, FanDuel president, will step in. Howe took the helm in 2021 ...



Warsh's take on Fed independence is met with confusion, concern

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Concern about Fed balance sheet. "In the worst outcome," said another former Fed official, who also spoke on condition of anonymity to speak candidly, "the ...



OPEC+ set for another oil output quota hike despite Hormuz closure

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... sources said ahead of a policy meeting on Sunday. The seven members meeting on Sunday are Saudi Arabia, Iraq, Kuwait, Algeria, Kazakhstan, Russia, and Oman ...



'Godspeed my friend': Inside the final hours of Spirit Airlines - CNBC

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... person familiar with the matter. Bondholders sent a letter to Spirit's board, confirming that the end was near. Terminals go quiet. A self-check-in kiosk at ...



Apollo Sports Capital, Tom Dundon make $225M pickleball investment

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The raise values Pickleball Inc. at $750 million, according to a person familiar with the matter, who asked to remain unnamed because they were not authorized ...



Yen jumps as Japan threatens more intervention - CNBC

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Two sources familiar with the matter told Reuters that officials had intervened to buy the yen on Thursday after it hit 160.7 to the dollar, its weakest ...



Spirit Airlines shuts down after failing to secure a bailout - CNBC

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The sources requested anonymity because they weren't authorized to speak about the discussions. The airline had expected to emerge from bankruptcy ...



SoftBank eyes listing new AI and robotics firm Roze in the U.S., FT ...

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... anonymous sources familiar with the matter. SoftBank founder and Chief Executive Masayoshi Son is driving the effort, with executives reportedly targeting a ...



CNBC Daily Open: Trump's big threats and Big Tech's bigger wallets

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... a person familiar with the matter. OpenAI was valued at $852 billion in late March after closing a record-breaking $122 billion funding round. Large ...



European markets rebound as oil prices fall; BOE and ECB hold rates

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... with knowledge of the matter. Read more. Brent crude hits wartime high, nearing $125, as U.S. military to reportedly brief Trump on action against Iran.



Brent oil falls after surging to wartime high - CNBC

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... with knowledge of the matter. Trump had earlier reportedly rejected Tehran's proposal to reopen the Strait of Hormuz, signaling the naval blockade will ...



Treasury yields tick lower as oil falls; Q1 GDP misses estimate - CNBC

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... with knowledge of the matter. Earlier reports said Trump had rejected Tehran's proposal to reopen the Strait of Hormuz, signaling the naval blockade will ...



Saudi PIF to end funding of LIV Golf league after 2026 season - CNBC

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... asked not to be named because the matter is internal. On Thursday, LIV Golf will announce details of its strategic path forward, according to a person ...



PayPal makes Venmo a standalone business unit as potential ...

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... asked not to be named because they weren't authorized to speak publicly. The other two segments will be a PayPal-branded business for merchants and consumers ...



Anthropic weighs raising funds at $900B valuation, topping OpenAI

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No term sheet has been signed and talks are ongoing, said the person who asked not to be named because the discussions are private. An Anthropic ...



James Comey faces Trump threat seashells indictment - CNBC

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Comey, in that case, was accused of lying to the Senate Judiciary Committee in 2020 when he denied authorizing someone else at the FBI to be an anonymous source ...



Asia-Pacific markets: Nikkei 225, Kospi, Hang Seng Index - CNBC

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Oil climbed after Axios, citing two sources with knowledge of the matter, reported that the U.S. Central Command was set to present U.S. President Donald ...



OpenAI's revenue, growth estimates fall short: Report - CNBC

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... sources familiar with the matter. According to the report, Friar is working with other executives to clamp down on costs as the board of directors more ...



Pentagon AI chief confirms work with Google after Anthropic blacklist

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The DOD has tapped Google's Gemini for classified work, according to a person familiar with the matter. In this article. GOOGL. Follow your favorite stocks ...



Tech hyperscalers Q1 earnings after Iran war lifts energy, AI prices

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Amazon Web Services has no plans to raise prices despite confronting increased costs, according to a person familiar with the matter who asked not to be ...



U.S. crude oil tops $100 after Trump dissatisfied with Iran proposal

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Trump told his advisors that he is not satisfied with Iran's proposal to open the strait and end the war, multiple people briefed on the matter told The New ...



U.S.-Iran peace talks stall. What's next for global markets - CNBC

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... with knowledge of the matter. Amid lingering uncertainty over the critical energy waterway and the Iran war, oil prices inched higher Monday, reinforcing a ...



OpenAI shakes up partnership with Microsoft, capping revenue ...

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OpenAI will pay Microsoft at the same percentage, which is 20%, as part of the new deal, according to a source familiar with agreement who asked not to be named ...



United Airlines CEO confirms he approached American ... - CNBC

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... people familiar with the matter who weren't authorized to discuss the private conversation, in hopes that the combination would mean a big global airline to ...



Trump: Shooter at White House press dinner had multiple weapons ...

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The suspected shooter was identified later Saturday as Cole Allen of Torrance, California, a former senior law enforcement official briefed on the matter told ...



Swiss says several injured after flight aborts takeoff in India - CNBC

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... declined to be identified. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. CNBC logo.



Trump cancels planned U.S. envoy trip to Pakistan for Iran war talks

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Reuters, citing two Pakistani government sources, said the Iranian delegation then left the country. Pakistan's Army Chief and Field Marshal Syed Asim Munir ...



Pentagon email floats suspending Spain from NATO, other ... - CNBC

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... on condition of anonymity to describe the email. The email stated that ABO is "just the absolute baseline for NATO," according to the official, who added ...



Microsoft looked at buying Cursor before SpaceX deal, sources say

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The SpaceX agreement came together so late in Cursor's fundraising process that prospective investors were caught off guard by the deal, one of the sources said ...



Microsoft plans first voluntary retirement program for US employees

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About 7% of U.S. employees are eligible, according to a person familiar with the plans who asked not to be named because the number isn't being made public.



Kevin Warsh's wealth shows how top family office employees can ...

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... asked to remain anonymous to speak about the matter. "They recognized that attracting and retaining that type of talent required providing executives that ...



Spirit Airlines' cash 'not going to last for very much longer' - CNBC

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They requested anonymity because they were not authorized to discuss the talks. The deal would also allow the U.S. government to select a board member, a ...



American Airlines CEO: United merger would be 'bad for customers'

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... people familiar with the matter. In this article. AAL · UAL. Follow your favorite stocksCREATE FREE ACCOUNT. American Airlines CEO Robert Isom on potential ...



Trump administration in advanced talks for Spirit Airlines rescue

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The Trump administration is in advanced talks for a financing package for Spirit Airlines, according to a person familiar with the matter. Spirit had been ...



Rep. David Scott, a Georgia Democrat, dies at age 80 - CNBC

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The Black Caucus' chair, Rep. Yvette Clarke, told lawmakers at the outset of the meeting, according to a person who insisted on anonymity to discuss a private ...



SpaceX courts Wall Street with three-day analyst meeting this week

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Attendees are expected to surrender electronic devices to ⁠participate in the meetings, one of the people said. All three spoke on condition of anonymity ...



Trump administration discussing currency swap line with UAE - CNBC

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The UAE has not formally requested a currency swap line, and plans are not currently being drawn up, the official said, speaking on condition of anonymity to ...



Trump threatens Iran before ceasefire deadline, possible peace talks

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A U.S. delegation "plans to travel to Islamabad soon," a source familiar with the matter told CNBC on Monday morning on condition of anonymity to discuss the ...



Iran declares Strait of Hormuz open to shipping during Lebanon ...

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Commercial ships must coordinate with Iranian forces, a source close to Iran's Supreme National Security Council told Tasnim News. Ships are not allowed to ...



Video shows ships turning away from the Strait of Hormuz ... - CNBC

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Commercial ships must follow a route designated by Tehran and coordinate with its military, a source close to Iran's Supreme National Security Council told ...



Anthropic's Dario Amodei meets with White House about Mythos

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U.S. Treasury Secretary Scott Bessent was one of the officials in attendance, according to a source familiar with the matter who asked not to be named because ...



European stocks end near flat as UK GDP jumps and Iran ... - CNBC

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"There is continued engagement between the U.S. and Iran to reach a deal," added the official, who spoke on condition of anonymity to discuss the ...



Why foreign automakers dominate the sedan market - CNBC

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GM also makes the high-end Corvette sports coupe. A report from Automotive News, citing an anonymous source, said GM is planning to build a Buick sedan in a ...



United CEO had been considering a merger last fall, months ... - CNBC

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CEO Scott Kirby raised the idea for an airline merger with the Trump administration this year, according to people familiar with the matter, though he has ...

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