The Latest Breaking News from CNBC

Trump claims there’s ‘nothing illegal’ with earning over $1B from crypto while in office

The Trump family’s crypto business now makes up a large portion of the president’s income

The Independent UK · Jul 3

Stocks Saw a Positive Sign In a Weak Jobs Report. They Were Mixed Anyway.

Stocks were mixed on Thursday as the Dow Jones climbed to a new record and the tech-heavy Nasdaq Composite dropped more than 1%, dragged by chipmakers.

International Business Times · Jul 2

Amazon could follow in Apple's footsteps by building its own processors — here's what that means for future Kindles and Fire TVs

A supply analyst is claiming that Amazon is looking to bring processor design in-house to save money.

Tom’s Guide · Jul 2

The Economy Added Fewer Jobs Than Expected. It Could Be a Boon For Wall Street

Stocks, however, reversed gains on Thursday after the latest job report showed a decline in hirings in June.

International Business Times · Jul 2

Meta's Stock Jumped After Announcing a New Business Venture. But Analysts Warn There Is a Caveat

Analysts are warning that Meta's new venture into cloud infrastructure could provide smaller margins than its lucrative ad business.

International Business Times · Jul 2

‘Something has gone completely wrong’: Palantir CEO Alex Karp slams OpenAI, says AI industry is "effing insane"

Palantir CEO Alex Karp hits out at Anthropic and OpenAI in heated interview.

TechRadar · Jul 2

Palantir CEO slams OpenAI, Anthropic's token model

Palantir CEO Alex Karp has slammed the token-based pricing of AI giants like OpenAI and Anthropic, arguing businesses are wasting money without clear returns. Karp said companies are now moving away from simply buying more tokens and are instead focussing on whether their AI spending delivers a clear return on…

The Economic Times · Jul 2

Jim Cramer Calls TJX 'a Buy' as an 'Inventory Play,' Says Walmart Seems 'Cheap'

CNBC’s Jim Cramer has flagged TJX Companies Inc. (NYSE:TJX) as "a buy" due to its strong position as an "inventory play," while simultaneously noting that retail giant Walmart Inc. (NASDAQ:WMT) "seems cheap" following a recent stock dip.

Benzinga · Jul 2

Dow Jones hits record intraday high before closing lower, S&P 500 and Nasdaq fall - here’s why US stock market started July in red

US stock market today July 1: US markets experienced a mixed trading day as the Dow Jones briefly hit a new intraday record before retreating. Profit-taking in semiconductor stocks led to a decline in the Nasdaq. This comes after a strong first half for US equities, with investors continuing a…

The Economic Times · Jul 1

Companies Cut Jobs for AI Efficiency Gains. Many Are Now Bringing Them Back.

Surveys show a rising number of employers are rehiring staff after discovering AI systems still require human oversight and intervention.

International Business Times · Jul 1