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The Latest Breaking News from CNBC

Randstad CEO Says College Degrees No Longer Guarantee High Salaries as AI Trade Jobs Surge

Sander van't Noordende, the CEO of the Dutch staffing agency Randstad, said young workers should rethink what a lucrative career will look like in the future as AI changes the labor market.

International Business Times

OpenAI IPO filing could come before SpaceX goes public: Will Sam Altman beat Elon Musk and Anthropic in the biggest AI and space market race of 2026? Complete details on Wall Street’s largest IPO wave

OpenAI IPO: Wall Street is entering its biggest IPO wave since 2022. OpenAI, SpaceX, Anthropic, Shein, and Kunlunxin could together raise nearly $200 billion. OpenAI may file for its IPO before SpaceX goes public. That changes the entire AI market race. Investors are now watching Sam Altman, Elon Musk, and…

The Economic Times

OpenAI To Confidentially File For IPO As Soon As This Week: Report

OpenAI is set to confidentially file for an IPO as soon as this week, according to a new report.

International Business Times

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Jeff Bezos defends Amazon bankrolling Melania movie after it flopped - and claims Trump is more ‘mature’ compared to first term

Bezos insisted that Amazon’s backing of the movie, which received overwhelmingly negative reviews, had been ‘a good business decision’

The Independent UK

Jeff Bezos calls Amazon’s $40m Melania film ‘a good business decision’

The Amazon founder has denied any personal involvement in the film, which failed to recoup its budget on release

The Guardian - US

Treasury Selloff Deepens As Inflation Fears And Middle East War Continue Pressuring Markets

The 30-year Treasury yield climbed above 5.19% as investors reacted to inflation pressures, weak demand for long-term debt, and mounting global economic uncertainty.

International Business Times

Goldman Sachs reportedly selected to lead SpaceX IPO in landmark Wall Street deal

Goldman Sachs has reportedly secured the leading underwriting role for SpaceX’s expected stock market debut this year in a move that paves the way for the largest IPO in history.

Euronews

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AI boom: Global stock market order shuffles as Taiwan, South Korea overtake Western giants

Asian markets are making waves. South Korea's Kospi and Taiwan's stock market have surged, driven by the AI boom. These markets are now outperforming many Western exchanges. Investors are watching closely as capital shifts towards these AI-focused economies. This new global stock market order presents exciting opportunities and potential risks.

The Economic Times

Starbucks layoffs 2026 continue: What is driving the third round of job cuts under Brian Niccol, how many workers will be impacted and what employees need to know about severance?

Starbucks layoffs 2026: Starbucks is cutting 300 US corporate jobs and closing regional support offices. This move is part of a broader turnaround strategy aimed at profitable growth. The company expects 400 million dollars in restructuring charges. These job cuts do not affect coffeehouse employees. This is the third round…

The Economic Times

Japan, China Cut U.S. Treasury Holdings As Iran War Pressures Global Currencies

China's Treasury holdings fell to their lowest level since 2008, while Japan trimmed nearly $47 billion from its position amid mounting pressure on the yen.

International Business Times

The AI Boom Is Likely to Keep Pushing DELL Stock Higher

DELL stock is a buy for value investors.

Barchart

Ryanair’s CFO says the airline has plans for an ‘armageddon situation’ as the jet fuel crisis threatens weaker European airlines this winter

“Do we have plans for some kind of Armageddon situation? Of course, we do, but I don’t see that coming to pass,” said CFO Neil Sorahan.

Fortune

Jim Cramer Says Nvidia Should Stay Inside China’s AI Boom, Not Walk Away

Nvidia’s China strategy is back in focus just days before its Q1 of fiscal 2027 earnings.

Barchart

Ryanair Has Prepared For An 'Armageddon Situation' As Jet Fuel Prices Remain High

Ryanair's CFO said the company has prepared for an "Armageddon situation" as jet fuel prices remain elevated and the Strait of Hormuz closed.

International Business Times

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Latin Times

Trump's Palantir Investment Puts Spotlight on Firm's Expanding Immigration Enforcement Contracts

Palantir's growing relationship with the Trump administration reportedly includes access to information tied to millions of individuals meant to significantly accelerate ICE investigations

International Business Times UK

Trump Bought Nvidia Stock One Week Before His Own Government Approved a Billion-Dollar Nvidia Chip Deal With China

Donald Trump's Nvidia stock trades have raised ethics concerns due to their timing with regulatory decisions, prompting calls for a presidential trading ban amid national security worries.

International Business Times UK

Bill Ackman Says Alphabet Stake Sale Wasn't a Bet Against Google — Then Reveals Bullish Microsoft Bet

Pershing Square's Bill Ackman liquidated his Alphabet position to build a £1.58bn ($2.09bn) Microsoft stake at 21 times forward earnings.

Euronews

Ryanair profits surge 40% to €2.26 billion despite Boeing delays and fuel crisis

Europe’s largest low-cost airline posted record annual profits as rising fares and sustained travel demand helped offset aircraft delivery delays and mounting uncertainty in global fuel markets due to the Iran war.

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The Economic Times

$9 million meal? Warren Buffett and Stephen Curry charity dinner fetches record-breaking bid

A charity auction offering a private dinner with Warren Buffett and Stephen Curry has fetched a record $9 million bid. With Buffett matching contributions, the total donation nears $27 million. Proceeds will support Glide Foundation and Eat. Learn. Play., highlighting one of the largest celebrity-driven fundraising efforts globally.

International Business Times

The Bond Market Is Flashing a Warning — And a Former Biden National Security Adviser Says Americans Could Get Hit Twice

Daleep Singh, former Biden National Security Adviser and current chief economist at PGIM, warns the bond market is flashing a serious danger signal as oil prices above $100 drive inflation fears and push the 10-year Treasury yield toward 5%. He warns the end game could be financial repression.

Newslaundry

Modi calls out ‘sources’ in CNBC-TV18 report about tax on foreign travel

Prime Minister Narendra Modi on Friday went on X to rebut a source-based media report by CNBC-TV18 claiming that the government "at highest levels" was considering imposing a levy on foreign travel.

The Economic Times

Dow Jones, S&P 500 and Nasdaq end this week lower as tech stocks slide, Treasury yields and oil prices climb after Trump-Xi China summit disappoints investors - US stock market performance today May 15

Dow Jones, S&P 500 and Nasdaq today: Wall Street experienced a sell-off on Friday, with major indices like the S&P 500, Nasdaq, and Dow Jones closing lower. Technology stocks led the declines as investors took profits, while rising Treasury yields and inflation concerns added pressure. Disappointment over the Trump-Xi summit…

The Independent UK

Starbucks lays off 300 office staff

Some 2,300 corporate employees have been let go in three rounds of layoffs since February 2025

International Business Times

China Has Agreed To Buy U.S. Oil, Trump Says: 'We Have Unlimited Energy'

China has agreed to buy U.S. oil, President Donald Trump said, as a substantial amount of Iranian exports to the Asian giant continue to be blocked by Washington's blockade of the key waterway.

Barchart

Versant Surged After First Earnings Report. What Comes Next for VSNT Stock

CNBC owner Versant Media Group has posted a strong Q1 release. Options data suggests VSNT shares will extend gains through the remainder of 2026.

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