CNBC

Microsoft plans to use fewer neoclouds as AI buildout shows signs of strain

Microsoft is winding down the number of neoclouds it counts as partners, picking key suppliers and focusing on its own data centers....

31 minutes ago

Mississippi Senate: Longshot Ty Pinkins says he aimed to spoil Hyde-Smith, boost Colom vote

Ty Pinkins said he avoided campaigning in heavily Black areas of Mississippi to avoid harming chances for Democrat Scott Colom, who like him is Black....

1 hour ago

Jim Cramer's views on every Club stock, including 2 to buy now and others to consider

At the Investing Club's 4th annual meeting, Cramer also reveals his outlook for 2027 and answers questions from the live audience and members at home....

1 hour ago

The AI ‘credit card’ is getting costlier as CoreWeave bond yield tops 16%

Coreweave's steep yields reflect stress in the AI debt markets as investors worry about a data center slowdown. What comes next....

2 hours ago

OpenAI will keep investing in AI data centers despite election results, CFO tells CNBC

2 hours ago

Data center double-down: Hassett says blue wave won't stop AI build-out

Data centers are a crucial part of President Donald Trump's push to win the global artificial intelligence race, which he continues despite the midterm results....

2 hours ago

Dynasties or Parity? How MLB, the NFL, and the NBA try to find competitive balance

MLB executive tells CNBC dynasties can be 'wonderful' for a league if spending rules are fair for all teams....

3 hours ago

Tesla to wind down Cybertruck production in Texas next year to ramp Cybercab, Musk says

The Cybertruck and its polarizing design gained a niche following, but it did not achieve mass-market sales and Tesla has issued several voluntary recalls....

4 hours ago

U.S. economy added 165,000 jobs in October, way more than expected; unemployment rate at 4.1%

Nonfarm payrolls were expected to increase by 59,000 in October as the unemployment rate held steady at 4.2%....

5 hours ago

Moderna raises 2026 outlook as CEO says newer vaccines are gaining traction

The biotech company now expects 2026 revenue growth of 15% to 25%, up from its previous guidance of up to 10%. ...

7 hours ago

Outside groups urge congressional Dems to target corporate interests over Trump

Groups and strategists advising Democrats are warning them to use their investigative tools on corporate interests, rather than on President Donald Trump....

7 hours ago

Tanks or drones? Defense earnings reveal a more complicated rearmament boom

The world's biggest defense firms are finding that demand for traditional military equipment remains strong even as drones and AI reshape how wars are fought....

10 hours ago

India as an AI hedge? The country's stocks could see robust inflows as markets globally tank

Over the last month, India's Nifty 50 has gained nearly 9%, while markets with heavy AI exposure, including the U.S., Japan, South Korea and Taiwan are deep in the red....

13 hours ago

The world's best airline is updating its business and first-class experience

Singapore Airlines is rolling out new onboard seating, dining and entertainment options that are part of an over $2 billion Singapore dollar investment....

13 hours ago

Oil prices could spike as U.S. action on Iran nears: Rapidan Energy

Bob McNally predicts that both Brent and West Texas Intermediate futures will jump above $100....

14 hours ago

Nasdaq sell-off batters Asian chip stocks as SK Hynix, Samsung, Softbank, TSMC tumble

Asian technology stocks tumbled Friday, tracking a sharp sell-off on Wall Street overnight that sent the tech-heavy Nasdaq Composite into correction territory....

17 hours ago

IRS unveils higher capital gains tax brackets for 2027

The IRS has announced higher long-term capital gains brackets for 2027. Here's what investors need to know....

18 hours ago

Costco is taking aim at its May record high — how it got here and where's it going

Costco is finally back....

19 hours ago

Mississippi Senate election: Democrat Scott Colom narrowly leads Republican Cindy Hyde-Smith

The Mississippi Senate election could be determined by the mail-in ballots received after Election Day, whose legality was upheld by the Supreme Court....

19 hours ago

Nasdaq drops into correction territory — here’s what typically happens next

Nasdaq’s slide into correction territory puts its history of recoveries in focus. Here's what history shows....

20 hours ago

Elon Musk's Tesla and SpaceX lose over $420 billion in combined market cap after midterms

Elon Musk's Tesla and SpaceX lose $420 billion in combined market cap after midterms...

21 hours ago

The October jobs report is out Friday. Here's everything to expect

The Bureau of Labor Statistics releases the October nonfarm payrolls report Friday at 8:30 a.m. ET....

21 hours ago

IRS announces new federal income tax brackets for 2027

The IRS has announced higher federal income tax brackets and standard deductions for 2027. Here's what taxpayers need to know....

22 hours ago

AI meltdown: Chip stocks and neoclouds plunge, pushing Nasdaq to worst day since April 2025

Companies tied to the AI buildout are all selling off as concerns mount about a slowdown following the midterm elections....

23 hours ago

IRS announces bigger estate and gift tax exemption for 2027

The IRS has announced bigger estate and gift tax exemptions for 2027. Here's what investors need to know....

23 hours ago

Trump's energy deals are about to face a wave of investigations by Democrats

Democrats are certain to scrutinize the U.S. intervention in Venezuela, administration mineral deals and the cancellation of previously funded energy projects....

23 hours ago

Blue Origin pushes launch to January 2027 as it races to rebuild damaged launch pad

1 day ago

Expedia CEO says AI agents aren't changing booking habits — yet

Expedia CEO Ariane Gorin told CNBC that AI agents present an exciting time for the travel industry but that they haven't yet impacted bookings....

1 day ago

Voters say the economy drove them to the polls — and blame Trump for their troubles

Participants in the CNBC Voter Poll ranked the economy the most important issue facing the country, ahead of topics tied to democracy and immigration....

1 day ago

Democratic sweep puts crypto on defensive in Washington

Democrats in Congress could impose tougher rules on crypto and investigate President Donald Trump, ushering in a tougher era for the industry....

1 day ago

Barkin sees interest rate hikes ahead, but at a gradual pace

In a CNBC interview, the policymaker expressed concern over inflation and said monetary policy will need to adjust....

1 day ago

What the election means for high-end real estate: Watch Robert Frank live

CNBC Wealth Editor Robert Frank chats live with Brown Harris Stevens CEO Bess Freedman about how the 'blue wave' may affect your life, wealth and real estate....

1 day ago

Banks are turning cautious on lending, according to the Fed. What it means for the economy

The Fed’s October bank lending survey shows tighter standards for small firms and commercial real estate, while subprime borrowers face tougher credit....

1 day ago

What Wall Street billionaires are saying about Democrats' midterm sweep

Billionaire political spending met criticism from ... billionaires in the wake of Tuesday's blue wave election....

1 day ago

Wendy's rejects takeover proposal from Nelson Peltz’s Trian

Wendy's said the $1.4 billion takeover proposal does not reflect potential gains from the burger chain's turnaround strategy....

1 day ago

Bank of England hikes interest rate for the first time since Iran war, warns inflation will near 5%

1 day ago

World's largest olive oil company plummets 18% after rivals agree to takeover deal

The world's largest olive oil company, Deoleo, plummeted in early trading after two of its rivals announced plans to acquire the firm....

1 day ago

How the midterms could fuel the K-shaped AI trade

U.S. midterm results could slow data center development, raising the value of existing AI capacity while increasing pressure on debt-funded neoclouds....

1 day ago

OpenAI pledges to pay for data center power after election highlights AI concerns

OpenAI pledged to solicit community input around AI data centers, publish construction plans and protect ratepayers....

1 day ago

Defense giant Rheinmetall plunges 16% after cutting outlook on stalled military contracts

Rheinmetall cut its 2026 outlook for the second time in three months, citing delays to German military projects and artillery ammunition deliveries....

1 day ago

From tanks to drones: South Korea’s defense firms face a new battlefield test

South Korean defense stocks rode a wave of global rearmament for the past two years, but they have plunged in 2026....

1 day ago

Nintendo Switch 2 sales plunge 41% as price hikes and memory crunch bite

Sales of Nintendo's flagship Switch 2 plunged in its fiscal second quarter after the Japanese gaming giant rolled out price hikes amid soaring memory costs....

1 day ago

Russia, China may be more aggressive if they feel Trump is on "his way out": Brookings

Russia and China may be more aggressive if they feel that U.S. President Donald Trump is on "his way out" after the Democratic Party flipped the midterms....

1 day ago

Inside the chip talent war: Trade secrets and rising Chinese rivals

Growing competition for semiconductor talent is fueling a battle over trade secrets as Chinese chipmakers gain ground....

1 day ago

LIV Golf faces liquidation after BC Partners scraps rescue plan

LIV Golf faces liquidation after BC Partners dropped a proposed $300 million rescue plan amid insufficient player commitments....

1 day ago

Prediction markets cement their status after forecasting Democratic sweep of Congress

Prediction markets projected election results well before media outlets in an effort to position themselves as fast, reliable news sources....

1 day ago

Trump committee hearing on Fed Governor Lisa Cook rescheduled to Dec. 14

President Donald Trump first tried to fire Lisa Cook in August 2025, but the Supreme Court in June blocked him from doing so, for now....

1 day ago

Democrats take Congress in a blue wave. Here's what it means for your money

Blue wave gives Democrats control of Congress. Here's how their agenda could affect your money, from healthcare and taxes to student loans and Social Security....

1 day ago