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The Latest Breaking News from CNBC

Nvidia's Next AI Rack Hit A Manufacturing Snag. The Company's Fastest Product Cycle Just Slowed Down.

Nvidia's next-generation Kyber NVL144 rack-scale AI system has reportedly been delayed by more than a year after manufacturing challenges emerged with a critical component.

International Business Times

SpaceX president to donate company stock to Trump Accounts; Katie Miller does the '$325 million' math

SpaceX president Gwynne Shotwell announced that she and her husband will be donating company stock to the Trump Accounts of more than 2 million American children. The announcement comes days after Trump said in an interview with CNBC that he expects Elon Musk to donate SpaceX stock to the program.…

The Times of India

Microsoft Sheds More Than 2% Of Its Staff As Xbox Division Undergoes Major Reorganization

Microsoft announced its laying off more than 2% of its workforce, which is largely affecting the Xbox division.

International Business Times

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Donald Trump's Swollen Face: What Is Causing the POTUS' Health Symptoms?

Donald Trump's recent CNBC interview has reignited public scrutiny over his health, focusing on his appearance, despite no new medical disclosures from the White House.

International Business Times UK

Jim Cramer Says Solstice-Element Merger Would Create a 'Chemical Tech Powerhouse': Stocks Could 'Go Higher'

CNBC’s Jim Cramer strongly endorsed a potential merger between Honeywell International‘s (NASDAQ:HON) spinoff Solstice Advanced Materials Inc. (NASDAQ:SOLS) and Element Solutions Inc. (NYSE:ESI) on Monday.

Benzinga

Trump Has Accused Oil Companies Of 'Gauging' Consumers. South Korean Prosecutors Have Done Exactly That.

Four major oil refiners in South Korea have been indicted over alleged price collusion.

International Business Times

Robinhood CEO says AI agents will soon rival human traders, manage portfolio

The company had in May unveiled tools that allow AI agents to trade stocks and make purchases on behalf of users. The company said its users can create a dedicated trading account, separate from their primary one, and have AI ‌agents trade ⁠on ⁠their behalf.

The Economic Times

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Trump Says Iran 'Needs Food', Ghalibaf Fires Back Citing 40 Million Americans on Food Stamps

Iran's Parliament Speaker mocked Trump's claim that Tehran needs American food, reigniting US-Iran tensions despite recent diplomatic efforts.

International Business Times UK

Trump Faces New Questions As Report Says Boeing, Lockheed, Palantir and Other Federal Contractors Supported Both America250 and His Freedom 250 Initiative

Major companies with significant federal interests reportedly funded both the official U.S. semiquincentennial effort and President Donald Trump’s parallel Freedom 250 initiative.

Benzinga

Congress Members Disclose SpaceX Stock Buys After IPO. Filings Show Defense And Financial Oversight Lawmakers Holding Stakes In Company.

The disclosures arrive through mandatory reporting windows that allow lawmakers' securities transactions to become public weeks after execution under federal filing rules.

International Business Times

Trump cashed in with 327 stock purchases just before he sent the market soaring by pausing tariffs: disclosure

The purchases were made on April 8, 2025, six days after Trump initiated a global trade war and day before he posted on Truth Social: “THIS IS A GREAT TIME TO BUY!!!”

The Independent UK

Corporate America Is Backing Trump's Freedom 250 Celebration. But Questions Over Funding Are Growing In Congress.

A growing dispute over Freedom 250 and America250 has placed fundraising, corporate influence and the administration's role in the nation's semiquincentennial celebrations under renewed focus.

International Business Times

Inside The 927-Page Disclosure: Why Trump's 'Inside Information' Remark Has Ethics Watchdogs On Edge

President Trump's casual remark about his sons having 'inside information' has triggered fresh conflict of interest questions following a 927-page financial disclosure showing £1.1bn in crypto income.

International Business Times UK

ECB President Lagarde Hints At Major Move Into French Politics That Could See Her Early Departure From The Post

ECB President Christine Lagarde could leave her post before her tenure ends ahead of the French presidential elections.

International Business Times

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Fortune

Trump is already causing a headache for his new Fed chairman, saying the central bank's board is 'hostile' and 'doing the wrong thing'

Trump claimed the board is "a little hostile" toward new Fed Chairman Warsh.

PC Gamer

'Something has gone completely wrong': Palantir CEO rants on live television about his problems with the AI business model: 'Why are they charging for tokens if it's so valuable?'

Alex Karp seems convinced that AI companies are selling AI wrong.

The Economic Times

'Just about everything we need': Trump claims Iran has accepted nearly all US conditions

US President Donald Trump claimed Iran has accepted nearly all American demands in ongoing nuclear talks. He asserted that US military strikes have completely devastated Iran's armed forces and economy, leaving the nation in a severely weakened position while Washington maintains total control over the diplomatic negotiations.

The Independent UK

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

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International Business Times

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.

Tom’s Guide

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.

International Business Times

Tesla Reported Production Levels that Exceeded Expectations. Its Stock Is Sinking Anyway.

Tesla said it delivered 480,126 vehicles during the second quarter of 2026, well above analysts' expectations of roughly 406,600 vehicles. Its stock dropped on Thursday anyway.

Barchart

Dear SpaceX Stock Fans, Mark Your Calendars for July 7

SpaceX will join the Nasdaq-100 on July 7, triggering forced buying from index funds.

International Business Times

Robinhood Says AI Agents Will Soon Match Human Traders. Its CEO Wants Wall Street's Tools in Everyday Investors' Hands

Robinhood is accelerating its push into artificial intelligence, with CEO Vlad Tenev saying AI agents are moving closer to performing the same trading functions as human investors.

International Business Times

The Trump Administration Has Been Talking About Having a Stake In OpenAI. The Company Reportedly Made An Offer.

OpenAI has reportedly discussed giving the U.S. government a minority stake worth more than $42 billion as political oversight of advanced AI accelerates.

International Business Times

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.

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