PERSPECTA

News from every angle

Results for "CNBC"

200 stories found

Chinese Military-Linked Labs Seek Nvidia AI Chips
Worldbloombergcnbcjapan-times+1seeking-alpha2d ago4 sources

Chinese Military-Linked Labs Seek Nvidia AI Chips

Chinese research institutions with ties to the military are reportedly attempting to acquire advanced artificial intelligence chips from Nvidia, despite U.S. export restrictions. This pursuit highlights China's ongoing efforts to bolster its AI capabilities for military applications.

EU Unlocks Billions in Funds for Hungary Amid Reforms
PoliticsAPbloombergNYT+66FTAl Jazeeradr-dknzzyle-uutisetcnbchelsingin-sanomatnos+58 more5d ago69 sources

EU Unlocks Billions in Funds for Hungary Amid Reforms

The European Union is set to release billions in frozen funds for Hungary, with reports indicating a deal has been reached. This decision comes as Hungary's new Prime Minister, Péter Magyar, continues to press for reforms.

SK Hynix and Micron Join $1 Trillion Valuation Club Amid AI Boom
BusinessReutersBBCbloomberg+13cnbcder-standardrzeczpospolitamarketwatchforbesYahoohotnewsindian-express+5 more8d ago16 sources

SK Hynix and Micron Join $1 Trillion Valuation Club Amid AI Boom

Memory chipmakers SK Hynix and Micron Technology have both reached a market valuation of $1 trillion, driven by surging demand for their products due to the artificial intelligence boom. SK Hynix's shares have seen significant growth, making it the third Asian company to achieve this milestone, with its market cap hitting $1 trillion.

Jeff Bezos Discusses Wealth, AI, and Politics in CNBC Interview
Technologycnbcindex-hrzerohedge14d ago3 sources

Jeff Bezos Discusses Wealth, AI, and Politics in CNBC Interview

Jeff Bezos participated in a major CNBC interview where he defended billionaires, expressed optimism about artificial intelligence, and shared his views on taxes and former President Trump. His comments covered a range of economic and political topics.

Jeff Bezos Advocates Zero Income Tax for Lower Earners
BusinesscnbcmarketwatchBusiness Insider+3forbeshotnewsseeking-alpha14d ago6 sources

Jeff Bezos Advocates Zero Income Tax for Lower Earners

Billionaire Jeff Bezos stated in recent interviews that people in the bottom half of earners should pay zero income taxes, arguing it 'makes no sense' for them to do so. He also commented on the future of the space economy and the feasibility of Elon Musk's timeline for space data centers.

Trump-Xi Summit Addresses Trade, Taiwan, Iran, AI Safety
WorldBBCbloombergNYT+104economistFTle-mondewapoThe GuardianNPRAl JazeeraFox News+96 more20d ago107 sources

Trump-Xi Summit Addresses Trade, Taiwan, Iran, AI Safety

The summit between US President Donald Trump and Chinese President Xi Jinping in Beijing covered critical issues including trade, Taiwan, and Iran, with Trump stating Xi vowed no military equipment support for Iran. Discussions also touched upon potential US-China AI safety talks.

Starmer Faces Leadership Crisis Amid Multiple Minister Resignations
PoliticsBBCbloombergNYT+85FTle-mondeThe GuardianAl Jazeeradr-dknrknzzyle-uutiset+77 more22d ago88 sources

Starmer Faces Leadership Crisis Amid Multiple Minister Resignations

British Prime Minister Starmer is facing a significant leadership crisis following multiple resignations from his government and growing calls from within his own party to set a departure timetable. The political turmoil has intensified pressure on his premiership, despite him surviving a recent cabinet session.

Worldseeking-alpha23d ago

Yardeni Raises S&P 500 Target to 8,250

Economist Ed Yardeni has increased his target for the S&P 500 index to 8,250, as revealed in a CNBC interview, signaling a bullish outlook for the market.

Michael Burry Sells Entire GameStop Stake
FinancecnbcBusiness InsiderYahoo+2seeking-alphazerohedge29d ago5 sources

Michael Burry Sells Entire GameStop Stake

Noted 'Big Short' investor Michael Burry has exited his entire position in GameStop. This move comes after a significant eBay bid and amid reports of him also shorting Palantir.

UniCredit Reports Record Quarterly Profit
TechnologyReutersbloombergwsj+22FTcnbcfazSCMPder-standardorftelexmarketwatch+14 more1mo ago25 sources

UniCredit Reports Record Quarterly Profit

UniCredit Bank has announced a record quarterly profit, with its net profit in Czechia and Slovakia also seeing a significant increase. This financial performance highlights strong investment income for the banking group.

PayPal Makes Venmo a Separate Business Unit
FinanceReuterscnbcchannel-news-asia1mo ago3 sources

PayPal Makes Venmo a Separate Business Unit

PayPal has announced that it will make Venmo a separate business unit, a move aimed at boosting growth and potentially attracting buyers. This strategic decision comes as CEO Alex Chriss looks to revitalize the company's performance.

AI Chipmaker Cerebras Systems Files for US Initial Public Offering
TechnologybloombergNYTcnbc+10fazglobe-and-mailsvenska-dagbladetmarketwatchjapan-timeschannel-news-asiaseeking-alphael-universal-english+2 more1mo ago13 sources

AI Chipmaker Cerebras Systems Files for US Initial Public Offering

AI chipmaker Cerebras Systems has publicly filed for an Initial Public Offering (IPO) in the US. This move by the Nvidia rival comes as the artificial intelligence boom continues to drive tech listings.

Israel and Lebanon Agree to Continue Direct Border Talks
PoliticsAPReutersBBC+65bloombergwsjwapoThe GuardianAl JazeeraFox Newstagesschaufaz+57 more1mo ago68 sources

Israel and Lebanon Agree to Continue Direct Border Talks

Following initial discussions, Israel and Lebanon agreed to continue direct negotiations, a development the US described as a "historic milestone." Both nations committed to further talks aimed at resolving their disputed maritime and land borders.

Macron Meets with Hungarian Opposition Leader Péter Magyar, Signaling New Era
Politicscnbcfazle-figaro+17telexdigi24hvgindex-hrn1-serbiaaktuality-skjutarnji-listla-vanguardia+9 more16h ago20 sources

Macron Meets with Hungarian Opposition Leader Péter Magyar, Signaling New Era

French President Emmanuel Macron met with Hungarian opposition leader Péter Magyar, with both parties announcing a new chapter in relations between France and Hungary. This meeting comes amidst ongoing tensions between Budapest and Brussels over migration and energy policies, and a separate incident involving a tool falling on a pedestrian near the Hungarian Prime Minister's office.

Putin Visits Beijing After Trump-Xi Talks, Global Power Dynamics Shift
PoliticsAPReutersBBC+94bloombergNYTwsjwapoThe GuardianNPRAl JazeeraCNN+86 more16d ago97 sources

Putin Visits Beijing After Trump-Xi Talks, Global Power Dynamics Shift

Russian President Vladimir Putin visited Beijing to meet with Chinese President Xi Jinping, following a recent meeting between Xi and former US President Donald Trump. This series of high-level diplomatic engagements is being closely watched for its implications on global power dynamics and international relations.

SpaceX Reportedly Plans June IPO Debut
BusinessReutersbloombergwsj+18FTThe Guardiannzzcnbcfazaftonbladetle-figaroder-standard+10 more19d ago21 sources

SpaceX Reportedly Plans June IPO Debut

Elon Musk's aerospace company, SpaceX, is reportedly preparing for a public stock market debut in June, with some sources indicating a Nasdaq listing. The anticipated IPO is generating significant market interest and speculation.

Mario Draghi Receives Charlemagne Prize, Urges Stronger EU Stance
WorldBBCbloombergThe Guardian+51nzznostagesschaufazDWlsm-lvSCMPsvenska-dagbladet+43 more20d ago54 sources

Mario Draghi Receives Charlemagne Prize, Urges Stronger EU Stance

Mario Draghi was honored with the Charlemagne Prize in Aachen, where he delivered a speech emphasizing the need for Europe to be more assertive globally and unite to face new geopolitical realities. Greek Prime Minister Mitsotakis also spoke at the ceremony, praising Draghi's support for Greece during its crisis.

Trump Visits China Amid Efforts to Stabilize US-China Relations
WorldBBCbloombergNYT+107FTle-mondewapoThe GuardianNPRAl JazeeraFox Newsnrk+99 more21d ago110 sources

Trump Visits China Amid Efforts to Stabilize US-China Relations

President Donald Trump arrived in China for a summit with President Xi Jinping, aiming to stabilize US-China relations and address trade tensions following a tariff war. The visit is marked by discussions on geopolitical rivalry and economic interests, with American CEOs accompanying Trump.

Trump Declares Iran Ceasefire "On Life Support," Fueling Tensions
PoliticsBBCbloombergNYT+81FTle-mondewapoThe GuardianNPRAl JazeeraFox Newsnzz+73 more23d ago84 sources

Trump Declares Iran Ceasefire "On Life Support," Fueling Tensions

President Trump declared that the Middle East ceasefire, specifically with Iran, is "on massive life support," indicating its imminent collapse. This statement has heightened regional tensions and contributed to a rise in oil prices.

Jim Cramer Expresses Confidence in AI Boom's Economic Impact
Technologycnbc27d ago

Jim Cramer Expresses Confidence in AI Boom's Economic Impact

CNBC's Jim Cramer stated his belief that the artificial intelligence boom possesses the capability to sustain the country's economic growth and continue driving stock market gains. He remains optimistic about AI's long-term influence despite potential short-term market pullbacks.

Greg Abel Addresses Berkshire Hathaway Shareholders in Post-Buffett Era
FinanceAPReutersbloomberg+15wsjFTcnbcfazsvenska-dagbladetrzeczpospolitavgel-mundo+7 more1mo ago18 sources

Greg Abel Addresses Berkshire Hathaway Shareholders in Post-Buffett Era

Greg Abel, CEO of Berkshire Hathaway, addressed shareholders at the company's annual meeting, reassuring them about the future in a post-Warren Buffett era. The meeting highlighted the company's record cash holdings of $397 billion and saw shareholders reject a report on workforce oversight.

Trump Says King Charles Visit Could Mend US-UK Ties
PoliticsAPNYTeconomist+77FTle-mondewapoThe GuardianNPRAl JazeeraCNNFox News+69 more1mo ago80 sources

Trump Says King Charles Visit Could Mend US-UK Ties

Donald Trump has stated that a visit by King Charles to the United States could help improve relations between the UK and the US. He described the King as "a fantastic man."

IEA Chief Warns of 'Biggest Energy Security Threat in History'
EnvironmenteconomistAl Jazeeracnbc+5svenska-dagbladetindex-hrseeking-alphaDaily Sabahpunch-ng1mo ago8 sources

IEA Chief Warns of 'Biggest Energy Security Threat in History'

The International Energy Agency (IEA) chief has issued a stark warning that the world faces its most significant energy security threat ever. This crisis is reportedly amplified by the ongoing Iran war, which is impacting global oil demand and accelerating the appeal of renewables.

US Navy Secretary John Phelan Ousted Amid Pentagon Clash
PoliticsAPReutersBBC+77bloombergNYTwsjFTle-mondewapoThe GuardianNPR+69 more1mo ago80 sources

US Navy Secretary John Phelan Ousted Amid Pentagon Clash

John Phelan, the US Navy Secretary, has been ousted from his position, with reports citing a clash with Pentagon leadership and the ongoing naval blockade of Iran as contributing factors. Hung Cao has been named as the interim US Navy Secretary following Phelan's departure.

Expert Analysis of Premium Credit Cards
Financecnbc1mo ago

Expert Analysis of Premium Credit Cards

A points expert provides an analysis of various premium credit cards from major providers like Chase, American Express, and UBS to help consumers choose the best option.

Ukraine Becomes Testing Ground for Military Humanoid Robots
Worlddanasvijesti-me4d ago2 sources

Ukraine Becomes Testing Ground for Military Humanoid Robots

Ukraine is reportedly becoming a testing ground for military humanoid robots, with companies deploying and evaluating these advanced machines in combat scenarios. This development highlights the evolving role of robotics in modern warfare.

Trump Undecided on Iran Nuclear Deal After White House Meeting
WorldAPReutersBBC+88bloombergNYTwsjFTle-mondewapoThe GuardianAl Jazeera+80 more5d ago91 sources

Trump Undecided on Iran Nuclear Deal After White House Meeting

President Trump held a meeting to make a final determination on the Iran nuclear deal but concluded without a decision, stating he would only accept an agreement that satisfies his "red lines." Uncertainty remains regarding a potential deal with Iran as hard-liners in the country also attempt to derail negotiations.

Trump Undergoes Annual Physical Amid Health Scrutiny
WorldAPle-mondeThe Guardian+48CNNFox Newsfazberlingskele-figaroder-standardFrance 24rzeczpospolita+40 more8d ago51 sources

Trump Undergoes Annual Physical Amid Health Scrutiny

Donald Trump, nearing 80, underwent his annual physical examination, which drew public attention due to recent concerns about his health, including a bruised hand and swollen ankle.

Berkshire Hathaway Reveals New Investments, Portfolio Shifts
Businesscnbctvn2416d ago2 sources

Berkshire Hathaway Reveals New Investments, Portfolio Shifts

Berkshire Hathaway's latest regulatory filing has reportedly revealed a 'tiny purchase' teased by Warren Buffett, alongside other significant portfolio adjustments. These disclosures detail the conglomerate's recent investment activities and changes in its holdings.

Kevin Warsh Confirmed as New Federal Reserve Chair
PoliticsFTNPRFox News+12cnbclsm-lvSCMPde-volkskrantdie-presseEL PAISobservadorYahoo+4 more20d ago15 sources

Kevin Warsh Confirmed as New Federal Reserve Chair

Kevin Warsh has been confirmed as the next chair of the Federal Reserve, taking over amidst challenges such as rising inflation and potential political pressure. His appointment is expected to influence future monetary policy and economic direction.

Labour Leadership Crisis Deepens Amid Calls for Starmer's Resignation
WorldBBCbloombergNYT+56FTle-mondeThe GuardianAl Jazeeranzzyle-uutisetcnbcruv+48 more21d ago59 sources

Labour Leadership Crisis Deepens Amid Calls for Starmer's Resignation

The UK Labour Party is facing a severe leadership crisis, with over 80 Labour members reportedly demanding Keir Starmer's resignation and speculation rising about potential challengers. This internal turmoil has overshadowed King Charles's recent speech, highlighting Starmer's perceived unpopularity and the party's disarray.

US April CPI Report Shows Inflation Surge, Raises Fed Concerns
Financebloombergcnbcmarketwatch+2Yahooseeking-alpha22d ago5 sources

US April CPI Report Shows Inflation Surge, Raises Fed Concerns

The US Consumer Price Index for April revealed a significant surge in consumer prices, primarily driven by energy inflation, which has put the Federal Reserve on guard for longer-lasting inflation and impacted stock futures.

Kremlin Cancels Moscow Victory Day Parade Amid Threats, Shifts to Digital Format
BusinessbloombergNYTThe Guardian+63nzzyle-uutisetcnbctagesschauukrainska-pravdafazberlingskeDW+55 more27d ago66 sources

Kremlin Cancels Moscow Victory Day Parade Amid Threats, Shifts to Digital Format

The Kremlin announced the cancellation of the traditional Victory Day parade march in Moscow, citing security threats and stating it would be held in a digital format. This decision comes amidst ongoing tensions and discussions regarding foreign leaders' attendance.

UAE Exits OPEC+, Sparking Global Oil Market and Geopolitical Shifts
BusinessAPReutersBBC+33NYTwsjNPRAl Jazeeratimes-ukcnbcfazberlingske+25 more1mo ago36 sources

UAE Exits OPEC+, Sparking Global Oil Market and Geopolitical Shifts

The United Arab Emirates has announced its withdrawal from the OPEC+ alliance, a move expected to increase global oil production and reshape geopolitical dynamics, particularly concerning Gulf solidarity and Russia's influence.

Microsoft Offers Voluntary Buyouts to Thousands of US Employees
BusinessReutersbloombergNYT+9wsjFTAl JazeeracnbcBusiness InsiderTimes of Indiandtvchannel-news-asia+1 more1mo ago12 sources

Microsoft Offers Voluntary Buyouts to Thousands of US Employees

Microsoft has announced its first voluntary employee buyout program in 51 years, targeting approximately 7% of its U.S. workforce, or about 8,750 employees. The offer aims to reduce staff through voluntary redundancies.

US Seizes Iranian Cargo Ship, Jeopardizing Ceasefire Talks
PoliticsAPReutersBBC+107bloombergNYTwsjFTle-mondeThe GuardianNPRAl Jazeera+99 more1mo ago110 sources

US Seizes Iranian Cargo Ship, Jeopardizing Ceasefire Talks

The United States seized an Iranian cargo ship, which Iran claims violates a ceasefire agreement and has led to Tehran refusing new negotiations with Washington. The incident has heightened tensions and put a fragile ceasefire at risk.

Fed's Beige Book Highlights Economic Growth Amid Inflation Concerns and Iran War Impact
BusinessReutersBBCbloomberg+9FTFox NewscnbcNHK Worldtvn24Yahooseeking-alphazerohedge+1 more1mo ago12 sources

Fed's Beige Book Highlights Economic Growth Amid Inflation Concerns and Iran War Impact

The Federal Reserve's latest Beige Book report indicates that the US economy is growing at a slight to modest pace, but also highlights increasing price pressures and rising uncertainty among businesses. Concerns about inflation re-accelerating, partly due to the situation in Iran and surging fuel costs, were noted by Fed officials.