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Conservative Microsoft Explores Bitcoin Investment While MicroStrategy and Nvidia Drive Crypto Innovation

Conservative Microsoft Explores Bitcoin Investment While MicroStrategy and Nvidia Drive Crypto Innovation

The cryptocurrency market is abuzz with rumors of Microsoft potentially venturing into Bitcoin investments, marking a significant shift for the tech giant known for its conservative approach to financial innovation.

December 10, 2024
OpenAI Tests Limits of AI Enthusiasm With $200 ChatGPT Plan

OpenAI Tests Limits of AI Enthusiasm With $200 ChatGPT Plan

In a bold move to tap into the growing interest in artificial intelligence, OpenAI has launched a premium subscription plan for its popular ChatGPT service, priced at $200 per month.

December 10, 2024
Major Gulf Markets Mixed as Investors Await Key US Inflation Data

Major Gulf Markets Mixed as Investors Await Key US Inflation Data

The stock markets across the Gulf region closed on a mixed note as investors turned cautious ahead of critical US inflation data. The data, expected to influence the Federal Reserve's

December 10, 2024
Nikkei Gains on Weaker Yen, China’s Surprise Policy Shift

Nikkei Gains on Weaker Yen, China’s Surprise Policy Shift

The Japanese stock market, particularly the Nikkei 225 index, has shown significant gains recently, driven by two key factors: a weakening yen and a surprise policy shift by China. Investors

December 10, 2024
SushiSwap Unveils Ambitious 2025 Vision: Paving the Way for a Decentralized Future

SushiSwap Unveils Ambitious 2025 Vision: Paving the Way for a Decentralized Future

SushiSwap, one of the leading decentralized exchanges (DEXs) in the DeFi ecosystem, has set its sights on a bold vision for 2025. As the decentralized finance space continues to evolve,

December 9, 2024

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OpenAI Unveils o3 System Capable of Solving Math and Science Problems

OpenAI has officially unveiled its latest innovation, the o3 system, a cutting-edge model designed to tackle complex math and science problems with unprecedented accuracy. The new system, built on advanced reasoning and problem-solving techniques, represents a significant leap forward in...

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Latest Feeds

Amazon to announce largest layoffs in company history, source says

The layoffs will amount to the largest cuts to Amazon's corporate workforce in the company's history, according to a person familiar with the matter.

Published: 2 hours ago

Qualcomm announces AI chips to compete with AMD and Nvidia — stock soars 11%

The AI200, expected in 2026, and the AI250, planned for 2027, both can come in a system that fills up a full, liquid-cooled server rack, Qualcomm said.

Published: 4 hours ago

Stock futures are little changed after major U.S. indexes notch record highs: Live updates

Investors during Monday's session cheered cooling tensions between the U.S. and China.

Published: 49 minutes ago

NBA reviewing prop bets, injury reporting, AI to track wagers after gambling indictment

The NBA has been rocked by a federal criminal indictment that alleges a group of sport bettors exploited inside information about teams and players to wager.

Published: 4 hours ago

One chip stock and two health names to own for the long run, according to investor Hulick

Hulick joined CNBC's "Power Lunch" on Monday to give his bullish take on a handful of stocks.

Published: 3 hours ago

Stocks making the biggest moves after hours: Nucor, Waste Management, F5, NXP and more

These are the stocks posting the largest moves in extended trading.

Published: 2 hours ago

OpenAI says U.S. needs more power to stay ahead of China in AI: 'Electrons are the new oil'

OpenAI urged the White House to substantially increase the U.S.' investment in new energy capacity

Published: 3 hours ago

South Korea's third-quarter GDP grows at fastest pace in over a year, supported by strong exports growth

According to advance estimates from Bank of Korea, GDP rose 1.7%, year on year, compared to the 1.5% expected by economists polled by Reuters.

Published: 1 minute ago

Tesla risks losing CEO Musk if $1 trillion pay package isn't approved, board chair says

Tesla Board Chair Robyn Denholm said Elon Musk is key to the future of the EV maker as it focuses more on Full Self Driving and Optimus.

Published: 6 hours ago

iRobot stock tumbles 33% after Roomba maker warns the search for a buyer has stalled

The Roomba maker's financial condition has worsened since Amazon abandoned its planned acquisition of the company in 2024.

Published: 2 hours ago

Hurricane Melissa bears down on Jamaica and threatens to be the island's strongest recorded storm

Hurricane Melissa would be the strongest hurricane to hit the island since record-keeping began in 1851.

Published: 4 hours ago

What another Fed cut could mean for borrowers — some rates may barely budge

Many types of consumer loans are impacted when the Fed trims its overnight lending rate.

Published: 5 hours ago

This week's tech earnings will steer the market's direction over the next few months, Jim Cramer says

CNBC's Jim Cramer stressed the importance of upcoming earnings from Apple, Amazon, Alphabet, Meta and Microsoft.

Published: 40 minutes ago

Largest federal worker union urges end to government shutdown

Democrats oppose the Republican resolution to end the shutdown because they want any measure to extend enhanced Affordable Care Act tax credits.

Published: 4 hours ago

Democratic senators ask colleagues to condemn Binance founder’s pardon: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin and other cryptocurrencies rise after the U.S. and China agree on a trade deal framework. Senate democrats also rally colleagues to join a resolution condemning the president's pardon of Binance founder Changpeng Zhao. Lastly, CleanSpark CEO Matt Schultz discusses the company's move to pivot from pure-play bitcoin mining to also incorporate AI.

Published: 5 hours ago

Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year

The Federal Open Market Committee meets this week, with an interest rate decision due Wednesday.

Published: 10 hours ago

Trump says U.S., China close to trade deal ahead of Xi talks, TikTok decision

U.S. President Donald Trump launched a whirlwind weeklong trip to Asia aimed at strengthening his position ahead of an expected meeting with Xi Jinping.

Published: 9 minutes ago

U.S. Department of Energy forms $1 billion supercomputer and AI partnership with AMD: Reuters

The U.S. and AMD have formed a $1 billion partnership to construct two supercomputers that will tackle large scientific problems.

Published: 3 hours ago

Stocks from Carvana to Reddit are expected to have the wildest moves on earnings this week

Several companies reporting earnings results this week could see their stocks post double-digit gains or losses.

Published: 4 hours ago

How President Trump's China tariffs are taxing the price of cherished Halloween pumpkin pastime

The price of a pumpkin carving kit shows how tariffs on China are causing steep price hikes even among relatively cheap holiday items.

Published: 6 hours ago

A brewing trifecta drives the stock market to record highs — plus, the treasure hunt at TJX

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Published: 5 hours ago

Home values are exploding in these 10 states — is yours one of them? 

Your house could be worth a lot more (or less) than it was in 2024, according to new data from Zillow.

Published: 9 hours ago

Airbnb wants to prevent Halloween parties in the U.S. and Canada

Airbnb will take a number of factors into consideration to block reservations it deems higher risks of being used for Halloween parties.

Published: 7 hours ago

Berkshire Hathaway downgraded to sell by KBW, citing Buffett succession, 'many' other issues

KBW said the company's core businesses — from auto insurer Geico to railroad Burlington Northern Santa Fe — are likely to face simultaneous pressures ahead.

Published: 9 hours ago

AI startup Mercor now valued at $10 billion with new $350 million funding round

The company was able to take advantage of the pivot to data-labeling after Meta paid $14.3 billion for a 49% stake in Scale AI in June

Published: 4 hours ago

Sidelined Russia flexes muscle with missile launch — and Trump is not impressed

Russia boasted about the testing of an "invincible" nuclear-powered missile. Trump said Moscow should focus on ending the war instead.

Published: 12 hours ago

Rare earth stocks extend losses as U.S. expects China to delay export controls

Shares of U.S.-listed rare earth miners fell sharply on Monday as U.S. officials expect China to delay introducing export controls on critical minerals

Published: 9 hours ago

Lululemon is partnering with the NFL to release apparel for all 32 teams

Lululemon is launching a new collection around the NFL, marking the first time it will have products featuring all 32 teams.

Published: 10 hours ago

Americans face a retirement 'confidence paradox,' expert says: 'Feeling ready is very different' from being ready

Many Americans face a "confidence paradox," new survey finds, as record numbers reach retirement age. Here's what to know about planning to exit the workforce.

Published: 10 hours ago

Trump confirms recent MRI but declines to give reason why

U.S. President Donald Trump said on Monday he had undergone an MRI examination, without saying why.

Published: 7 hours ago