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The Latest Breaking News from CNBC

US government pushes for 10% Intel stake amid US-China chip war

The Trump administration is moving to convert billions in CHIPS Act subsidies into a 10% equity stake in Intel. The first-of-its-kind deal would make Washington the company’s largest shareholder and signal a new era of direct government ownership in Silicon Valley.

Euronews

Cisco, Rocket Companies, Insulet And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said he remains long on Rocket Companies, Inc. (NYSE:RKT).

Benzinga

"I'm worried about China" — OpenAI's Sam Altman doesn't believe export controls will slow foreign progress in AI supremacy war

In an interview with CNBC, OpenAI CEO Sam Altman stated that he doesn't believe export controls will work to curb China's AI progress, and that the US is underestimating its power.

Windows Central

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What’s in a name? MSNBC, soon to be MS Now, adds to perilous history of the corporate rebrand

As the US cable news network becomes the latest to face ridicule, marketing experts say many months (and hundreds of thousands of dollars) go into firms’ new names

The Guardian - US

82-year-old CEO grew a $7.8 billion fortune from company shares—now she’s selling stock to charity and signed Warren Buffett's pledge to give away 99%

Epic Systems CEO Judy Faulkner pours profits from selling her nonvoting shares into charity. She also defies the Silicon Valley standard by having “Harry Potter” and “Alice in Wonderland”–themed office buildings.

Fortune

Home Depot says tariff price increases are coming and customers are putting off larger home-improvement projects as worries about the economy fester

Consumers are hesitant to take out loans for bigger projects, said Home Depot’s CFO.

Fortune

US pursuing stake in struggling chipmaker Intel, commerce secretary says

Trump administration looking to convert funding from Chips Act into equity in the semiconductor manufacturer

The Guardian - US

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OpenAI CEO Sam Altman says that export controls alone won’t hold back China's AI ambitions — “My instinct is that doesn’t work”

Sam Altman has cautioned against the use of export controls and has warned that China can probably build inference capacity faster than the U.S..

Tom’s Hardware

'No Tax On Tips' Sounds Great — But Workers Warn It May Be 'Too Good To Be True'

A new federal tax break promises to put more money in the pockets of tipped workers, but some in the service industry say they're cautious about celebrating just yet.

Benzinga

Amphenol, Uber, Alphabet And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joe Terranova, senior managing director for Virtus Investment Partners, named Amphenol Corporation (NYSE:APH) as his final trade.

Benzinga

CarMax, Uber, IBM And A Real Estate Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Gilman Hill Asset Management CEO Jenny Van Leeuwen Harrington said CarMax, Inc. (NYSE:KMX) trades at 14 times earnings.

Benzinga

'Made In America' Isn't Easy — Inside The Struggle To Bring Manufacturing Back Home

For decades, American factories have shuttered as production moved overseas in search of cheaper labor and larger supplier networks. Between 1997 and 2022, the number of U.S. manufacturing firms and plants dropped by 25%, according to McKinsey Co.. Jobs that once employed nearly 20 million Americans now account for just…

Benzinga

American Express, Freeport-McMoRan And More On CNBC's 'Final Trades'

Investors are increasingly turning their attention to strategic stock picks as market volatility remains a focal point. With earnings season shedding light on financial health and unexpected gains, traders are making calculated decisions to navigate the fiscal landscape.

Benzinga

Intel Stock Trends, Jumps 4.5% After Hours As Analysts Digest Trump Administration's Potential Investment

Intel Corp. (NASDAQ:INTC) gained 4.48% in after-hours trading on Thursday after climbing 7.38% during the regular session, according to data from Benzinga Pro. The stock was seen trending among investors.

Benzinga

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GOBankingRates

Trump Says He Was ‘Debanked’ by JPMorgan — Could It Happen to You?

President Donald Trump claims he was "debanked" by JPMorgan Chase. Find out what it means and whether it could happen to you at your bank.

GOBankingRates

From Side Hustle to 5 Figures: Tips From a Real Pro

How one mom turned her Etsy side hustle into a five-figure biz -- with smart strategies, patience and the right data.

Benzinga

Toast, Amazon, Thermo Fisher Scientific And An Industrial Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Ritholtz Wealth Management CEO Joshua Brown named Toast, Inc. (NYSE:TOST) following the release of quarterly results.

Benzinga

Short Seller Slams Jim Cramer Over Palantir, Accuses Him Of Hyping 'High-Multiple, Hype-Driven Narrative' After $200 Price Target Call

Famed short-seller Andrew Left's Citron Research publicly challenged CNBC's Jim Cramer over his bullish stance on Palantir Technologies Inc. (NASDAQ:PLTR).

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Benzinga

Jim Cramer Recommends This Energy Stock, But Don't 'Bank It All' On Arcus

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Uranium Energy Corp. (NYSE:UEC), saying, “I like nuclear.”

Benzinga

Chamath Palihapitiya Once Disclosed He Was A Warren Buffett Disciple, But Disagreed With The Investing Legend's 'Wrong, Outdated' Views On Bitcoin

Venture capitalist Chamath Palihapitiya has long been a staunch advocate of Bitcoin (CRYPTO: BTC) and did not mince words when criticizing legendary investor Warren Buffett’s scathing remarks about the asset.

Fortune

BlackRock exec Rick Rieder says this is the ‘best investing environment ever.’ He’s conveniently in the running for next Fed chairman

While Rieder’s dovish stance aligns with President Trump’s, the BlackRock exec’s acknowledgment of tariff-driven inflation may test his appeal at the White House.

Inverse

After 'GTA 6,' Rockstar's Next Secret Project Might Be One Of These Games

From Bully sequels to a revival of Manhunt and L.A. Noire, here's what Rockstar could -- or should -- cook up next.

Benzinga

This Former Tech Exec Worked At Meta, TikTok And Netflix — Then Built A Million-Dollar Business Linking South Korea To The US Market

Kurated Agency founder Sora Lee turned a decade in Big Tech into a million-dollar pivot. She now links South Korean beauty brands to U.S. shelves while trade flows stay brisk. The timing matters: federal data show consumer demand, and South Korean exporters keep shipping goods to American buyers.

Benzinga

Apple, PG&E, D.R. Horton And An Industrial Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Brian Belski, chief investment strategist at BMO Capital Markets, named TopBuild Corp. (NYSE:BLD) as his final trade.

Benzinga

Jim Cramer: This Real Estate Stock Is 'Still Too Expensive'

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Equinix, Inc. (NASDAQ:EQIX) is “still too expensive.”

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