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CNBC World News
Aug 12, 2026

Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion.

CNBC World News
Aug 12, 2026

Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal in doubt
Traffic is about 90% lower than the daily average of 130 ships that transited Hormuz before the U.S. and Israel attacked Iran on Feb. 28.

CNBC World News
Aug 12, 2026

Houthi attack kills six in Red Sea; Trump slams Iran as hopes for Hormuz Strait deal dim
After the incidents in Bab el-Mandeb and the Gulf of Oman, President Donald Trump on Truth Social wrote of the Strait of Hormuz, "I THINK WE WILL KEEP IT!"

CNBC World News
Aug 12, 2026

Trump sued over Truth Social advance access sale
The lawsuit, filed in U.S. District Court in Manhattan, notes that Trump's posts on his own social media site often move financial markets.

CNBC World News
Aug 12, 2026

Amazon shares appear stuck in a rut. Trader Mike Khouw is betting things will stay that way
For investors who suspect Amazon could be range-bound for the next seven weeks, consider a "jade lizard."

CNBC World News
Aug 12, 2026

AI's costly build-out complicates the Fed's inflation fight
Tech leaders say AI will drive down costs. But slow corporate adoption and the data center build-out create inflation pressures that complicate the Fed's job.

CNBC World News
Aug 12, 2026

CoreWeave surges 18% after a 'cleaner quarter.' Here's what's happening
AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.

CNBC World News
Aug 12, 2026

Google's new Pixel 11 puts Gemini at center of AI phone battle with Apple
Google is launching the Pixel 11 lineup weeks before Apple rolls out a rebuilt Siri powered by Gemini AI models.

CNBC World News
Aug 12, 2026

Solar eclipse drives Europe hotel prices to over $1,000 a night
Eclipse demand pushed some Spain and Iceland stays above $1,000 a night, while Iceland hotels cut prices sharply closer to Aug. 12.

CNBC World News
Aug 12, 2026

Chinese tech giant Tencent sees spending surge, defends potential 'superior' AI returns
Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.

CNBC World News
Aug 12, 2026

Treasury yields ease after inline July consumer inflation data
The yield on the 10-year U.S. Treasury note — the key benchmark for mortgages, auto loans and credit card debt — was slightly lower.

CNBC World News
Aug 12, 2026

CoreWeave surges 20% in premarket after a 'cleaner quarter.' Here's what's happening
AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.

CNBC World News
Aug 12, 2026

Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.

CNBC World News
Aug 12, 2026

AI's costly buildout complicates the Fed's inflation fight
Tech leaders say AI will drive down costs. But slow corporate adoption and the data center buildout create inflation pressures that complicate the Fed's job.

CNBC World News
Aug 12, 2026

'Tougher times ahead': Don't expect blowout returns to continue, CEO of $2.3 trillion fund warns after record first half
Norway's sovereign wealth fund, the largest of its kind, is an investor in around 1.5% of the world's listed companies.

CNBC World News
Aug 12, 2026

New York City Council announces probe into prediction market platforms' marketing strategies
In letters to four prediction market platforms, City Council Speaker Julie Menin said the council was also actively considering legislation to address concerns.

CNBC World News
Aug 12, 2026

Hong's defeat in Wisconsin deals blow to rising Democratic socialists
Progressive Democrats keep their winning streak rolling in Minnesota.

CNBC World News
Aug 12, 2026

Scorching heat is straining Europe's nuclear power supplies — and prompting drastic measures
Heat and drought are curbing nuclear output across Europe, with Romania facing a possible reactor shutdown and France reducing generation.

CNBC World News
Aug 12, 2026

India's inflation accelerates to 4.45% in July, raising hopes of a rate hike later this year
India's inflation rises for the ninth month in a row, raising the odds in favor of a rate hike later this year.

CNBC World News
Aug 12, 2026

Crowley stuns Hong in Wisconsin; Flanagan beats Craig in Minnesota
Progressive Democrats keep their winning streak rolling in Minnesota.

CNBC World News
Aug 12, 2026

CoreWeave surges 18% in premarket after a 'cleaner quarter'. Here's what's happening
AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.

CNBC World News
Aug 12, 2026

China's answer to Boeing and Airbus makes first international flight — could COMAC challenge the aviation duopoly?
China's C919 has made its first scheduled international commercial flight, a milestone in COMAC's bid to challenge Boeing and Airbus globally.

CNBC World News
Aug 12, 2026

Chinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven ads
Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.

CNBC World News
Aug 12, 2026

World's largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time
The fund — currently valued at around $2.34 trillion — is an investor in more than 7,000 companies across 60 countries.

CNBC World News
Aug 12, 2026

Treasury yields are little changed as investors await key inflation data
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was largely flat at 4.682%.

CNBC World News
Aug 12, 2026

Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says
The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.

CNBC World News
Aug 12, 2026

CNBC Daily Open: Chips, ships and a sliding yen
After having sold Wall Street on the chips powering the artificial intelligence boom, Nvidia wants Wall Street to help bankroll the buildout itself.

CNBC World News
Aug 12, 2026

Hello Kitty, goodbye stock gains: Sanrio shares plunge 18% following earnings
Sanrio shares fall following earnings results

CNBC World News
Aug 12, 2026

Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes container ship
A cargoship and containership have been hit in the Red Sea and Gulf of Oman as the war inflicts a toll on the world's critical shipping lanes.

CNBC World News
Aug 12, 2026

Aviva's remarkable revival leaves one big question: What next?
Aviva shares are up around 150% since Amanda Blanc become CEO. Before long, investors will be asking: what next?

CNBC World News
Aug 12, 2026

Google's new AI boss inherits a race to catch OpenAI and Anthropic
Koray Kavukcuoglu is taking charge of Google DeepMind as it tries to keep Gemini competitive with OpenAI and Anthropic.

CNBC World News
Aug 11, 2026

Why the historic U.S.-Japan intervention has failed to halt the yen's slide
The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.

CNBC World News
Aug 11, 2026

AI agents' 'alarming' hacking skills creates rush to spend on cybersecurity
AI agents' 'alarming' hacking skills creates a rush to spend on cybersecurity

CNBC World News
Aug 11, 2026

EVs dominate China's car market: 5 takeaways from the country's latest auto sales data
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.

CNBC World News
Aug 11, 2026

CNBC Daily Open: Big Tech wants to tap Wall Street's big wallets
After three years of Big Tech splashing out on AI investments, Nvidia is looking to shake up the industry by tapping into Wall Street cash.

CNBC World News
Aug 11, 2026

Sen. Darline Graham advances to Republican special primary runoff in South Carolina
Progressive Democrats hope to keep their winning streak rolling in Minnesota and Wisconsin.

CNBC World News
Aug 11, 2026

CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand
CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.

CNBC World News
Aug 11, 2026

Why Jensen Huang's $500 billion AI financing plan faces a big risk from China
Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?

CNBC World News
Aug 11, 2026

CoreWeave stock pops 12% as revenue doubles on accelerating AI infrastructure demand
CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.

CNBC World News
Aug 11, 2026

Longtime OpenAI executive Brad Lightcap leaves as shake-up at AI lab continues
Longtime OpenAI executive Brad Lightcap announced his departure on Tuesday, the latest in a series of recent leadership shake-ups at the company.

CNBC World News
Aug 11, 2026

Riot Platforms strikes deal with Anthropic as bitcoin miners shift focus to AI infrastructure
Bitcoin miner Riot Platform has struck a $9 billion, 20-year compute deal with Anthropic

CNBC World News
Aug 11, 2026

Is betting on elections using prediction markets illegal? Many states are unsure as midterms approach
Twenty-three states have laws banning betting on elections, according to Pew Research. Not every state is sure these rules apply to prediction market trades.

CNBC World News
Aug 11, 2026

An inflation report Wednesday should be a big deal for the Fed. Here's what to expect
The consumer price index is expected to show only a modest increase for July.

CNBC World News
Aug 11, 2026

Trump says NYC pied-à-terre tax 'must be stopped,' eyes federal block
Trump in a Truth Social post called Mamdani's pied-à-terre tax a "dangerous political 'experiment' in New York will destroy" the city and state.

CNBC World News
Aug 11, 2026

Longtime OpenAI executive Brad Lightcap leaves as shakeup at AI lab continues
Last December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy.

CNBC World News
Aug 11, 2026

Trump wants to split the MMR vaccine. Experts say that's unlikely — and comes with consequences
Doctors and other experts say that splitting the measles, mumps and rubella shot has no scientific basis and is unlikely to get off the ground.

CNBC World News
Aug 11, 2026

U.S. oil rises above $83 a barrel as Iran says Strait of Hormuz won't open until conditions are met
U.S. oil had risen as much as 3% earlier in the day after President Donald Trump demanded that Iran pay reparations to the U.S.

CNBC World News
Aug 11, 2026

Manus to return as independent company after China forced Meta to unwind $2 billion deal
Last December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy.

CNBC World News
Aug 11, 2026

Democrats clash again in Minnesota and Wisconsin primaries as big midterm races take shape
In Minnesota, progressive Lt. Gov. Peggy Flanagan and moderate Democratic Rep. Angie Craig are competing for the nomination to succeed the retiring Sen. Tina Smith.

CNBC World News
Aug 11, 2026

Why JPMorgan is investing big in the 2028 LA Olympics
JPMorgan is making a nine-figure bet as the Olympics Games' first-ever global banking partner.

CNBC World News
Aug 11, 2026

Target appoints its first chief AI officer as big retailers bet on AI
Target announced its first-ever chief artificial intelligence officer on Tuesday as retailers race to take advantage of the AI boom.

CNBC World News
Aug 11, 2026

Ukraine war sparked race for countries to build spy satellites, space-tech CEO says
Governments are ramping up satellite capabilities as space intelligence becomes increasingly critical to modern warfare.

CNBC World News
Aug 11, 2026

Pakistan signals progress on U.S.-Iran deal as Washington and Tehran trade reparation demands
Washington and Tehran remain far apart even as both sides talked of winding down regional hostilities.

CNBC World News
Aug 11, 2026

Eli Lilly takes weight-loss pill battle global with first Foundayo approval in Europe
Lilly's Foundayo wins U.K. approval, taking its weight-loss pill battle with Novo Nordisk's Wegovy beyond the U.S. market.

CNBC World News
Aug 11, 2026

Polymarket makes moves to get house in order before expected boom times for prediction markets this fall
The marketing changes come amid an investigation by the Commodity Futures Trading Commission into the company's promotional practices.

CNBC World News
Aug 11, 2026

Treasury yields are little changed as investors await inflation data
U.S. Treasury yields edged higher Tuesday as investors await July's inflation data print amid ongoing Iran tensions.

CNBC World News
Aug 11, 2026

U.S. oil price hovers around $82 as traders weigh conflicting signals on Strait of Hormuz deal
U.S. oil had risen as much as 3% earlier in the day after President Donald Trump demanded that Iran pay reparations to the U.S.

CNBC World News
Aug 11, 2026

'That's a good idea': U.S. and Iran trade reparation demands as Hormuz deal hopes fade
The dueling positions Washington and Tehran staked out showed how far apart the two sides remain even as both talked of winding down regional hostilities.

CNBC World News
Aug 11, 2026

FIFA World Cup 'will never be as profitable' if Infantino is ousted, Trump warns amid global soccer revolt
President Gianni Infantino pushed FIFA's commercialization drive, which culminated in the largest, most profitable World Cup on record

CNBC World News
Aug 11, 2026

Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?
The first three-plus years of the AI buildout has been funded by record amounts of equity and debt issued by leading tech companies. Nvidia has a new idea.

CNBC World News
Aug 11, 2026

Hotel giant says ‘growing middle class' boosted hotel demand despite Middle East hit
IHG reported higher first-half profit as U.S. demand accelerated and Middle East disruption weighed on travel.

CNBC World News
Aug 11, 2026

Eli Lilly takes weight-loss pill battle global with first Foundayo approval outside U.S.
Lilly's Foundayo wins U.K. approval, taking its weight-loss pill battle with Novo Nordisk's Wegovy beyond the U.S. market.

CNBC World News
Aug 11, 2026

U.S. oil tops $84 as Hormuz deal hopes dwindle and deadlock deepens
U.S. crude is back above $84 as last week's anticipation of a U.S.-Iran deal dissipates.

CNBC World News
Aug 11, 2026

Treasury yields up as oil prices jump and investors await inflation data
U.S. Treasury yields edged higher Tuesday as investors await July's inflation data print amid ongoing Iran tensions.

CNBC World News
Aug 11, 2026

Zelenskyy warns Putin is preparing for escalation by bringing in North Korean military equipment
His comments come shortly after deadly Russian attacks on cities across Ukraine overnight.

CNBC World News
Aug 11, 2026

CNBC Daily Open: Trump's Strait of Hormuz claim meets crude reality
U.S. President Donald Trump has claimed that the U.S. Navy has "100%" control of the Strait of Hormuz. Markets don't think so.

CNBC World News
Aug 11, 2026

Intel upsizes stock offering to $20 billion at $95 per share as AI demand accelerates
Technology giants have shelled out trillions to support insatiable AI demand and the infrastructure buildout.

CNBC World News
Aug 11, 2026

Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade
Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever.

CNBC World News
Aug 11, 2026

U.S. judge ends graft case against Indian billionaire Gautam Adani
A U.S. federal judge has approved the Department of Justice's decision to dismiss the criminal probe against Indian billionaire Gautam Adani on graft charges.

CNBC World News
Aug 10, 2026

Singapore revises its annual growth forecast sharply higher on AI-related boost
GDP growth for 2026 is now expected to come in at 4.5% to 5.5%, more than double the low end of its previous forecast of 2%-4%

CNBC World News
Aug 10, 2026

Trump claims total control of Hormuz, demands Iran pay reparations as standoff deepens
The dueling positions Washington and Tehran staked out showed how far apart the two sides remain even as both talked of winding down regional hostilities.

CNBC World News
Aug 10, 2026

CNBC Daily Open: Markets caught between oil jitters and AI optimism
The world watches oil prices surge past $82 per barrel and the U.S. Strategic Petroleum Reserve dip to its lowest level since 1983.

CNBC World News
Aug 10, 2026

CNBC's The China Connection newsletter: 'Spider-Man' and 'The Odyssey' come courting the massive filmgoer market
More American movie stars have appeared in China this year, reflecting Hollywood's market interests amid political tensions.

CNBC World News
Aug 10, 2026

Trump Media posts $238 million second-quarter loss as crypto declines
TMTG said it has signed more than 10 customer agreements for Truth API, the service offering faster access to President Donald Trump's posts.

CNBC World News
Aug 10, 2026

OpenAI wraps $7 billion share sale ahead of potential IPO
OpenAI's tender offer has been in the works since the company closed its record-breaking $122 billion funding round in March.

CNBC World News
Aug 10, 2026

Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset'
Nvidia CEO Jensen Huang argued that because its hardware is broadly adopted, flexible and transferable, lenders can underwrite compute as revenue-generating.

CNBC World News
Aug 10, 2026

Trump signs executive order calling for fewer childhood vaccines, falsely linking shots to autism
The order builds on the Trump administration's efforts to reshape the childhood shot schedule under HHS Secretary RFK Jr., a longtime vaccine skeptic.

CNBC World News
Aug 10, 2026

Trump extends limited waiver of shipping law to keep oil flowing in U.S. amid Iran war
The Jones Act waiver extension comes after the Trump administration's latest signs of a deal to reopen the Strait of Hormuz failed to materialize.

CNBC World News
Aug 10, 2026

OpenAI expands Daybreak cybersecurity initiative as AI agent threats evolve
The company introduced Daybreak in May as a way for its ecosystem partners to use its most advanced AI models to adapt to a rapidly changing threat landscape.

CNBC World News
Aug 10, 2026

U.S. oil rises back above $82 as doubt grows Washington and Tehran will reach Hormuz deal
Oil rose as traders assess mixed signals from the U.S. and Iran amid worries that a deal to open the Strait of Hormuz may not come anytime soon.

CNBC World News
Aug 10, 2026

Three reasons Goldman's co-head of global banking and markets says to stay invested
Goldman Sachs' Ashok Varadhan pointed to three reasons for his constructive outlook.

CNBC World News
Aug 10, 2026

Gold just had its best week in 7 months. Here's why Mike Khouw is buying more
Gold logged its best weekly gain in seven months driven by several forces.

CNBC World News
Aug 10, 2026

U.S. oil price hits $80 as doubt grows Washington and Tehran will reach Strait of Hormuz deal
Oil rose as traders assess mixed signals from the U.S. and Iran amid worries that a deal to open the Strait of Hormuz may not come anytime soon.

CNBC World News
Aug 10, 2026

Intel plans $15 billion stock offering as AI demand accelerates
Technology giants have shelled out trillions to support insatiable AI demand and the infrastructure buildout.

CNBC World News
Aug 10, 2026

10-year Treasury yield rises as oil prices gain ahead of key inflation data this week
U.S. Treasury yields were little changed at the start of the week as investors look ahead to a busy week of economic data, particularly key inflation data.

CNBC World News
Aug 10, 2026

Interest rates may stay higher for longer. What that means for consumers
Any move toward higher rates would increase borrowing costs for consumers at a time when affordability pressures are already mounting.

CNBC World News
Aug 10, 2026

Meta to open source its most powerful AI model as it takes swipe at OpenAI, Anthropic
Meta launched Muse Glimmer and plans to release Muse Spark 1.2 weights as Zuckerberg pushes for U.S. leadership in open AI.

CNBC World News
Aug 10, 2026

Treasury yields are little changed as investors look ahead to key inflation data
U.S. Treasury yields were little changed at the start of the week as investors look ahead to a busy week of economic data, particularly key inflation data.

CNBC World News
Aug 10, 2026

Australian rare earth miner surges after U.S. Department of Defense investment
The Trump administration has backed plans to build an Australian scandium mine as part of a push to challenge China's critical minerals dominance.

CNBC World News
Aug 10, 2026

OpenAI tightens controls on its new model over cybersecurity risks, as AI security debate intensifies
The AI lab said it could not rule out a new model had reached "Critical" capability, meaning it could launch cyberattacks against sophisticated cyber defenses.

CNBC World News
Aug 10, 2026

Trump's foreign licensing business booms to $59.5 million as Gulf developers pay
Nearly two-thirds of Trump's foreign licensing fees came from two Gulf developers, in the UAE and Qatar, including one pursuing a $20 billion U.S. expansion.

CNBC World News
Aug 10, 2026

World's biggest chipmaker TSMC's sales surge 45% amid buoyant AI demand
TSMC makes chips for Big Tech customers like Nvidia and Google, so the firm's financial figures are closely watched as a sign of AI semiconductor demand.

CNBC World News
Aug 10, 2026

Trump signals shift to economic pressure as Iran hardens stance over Strait of Hormuz
The escalating tally underscores how far the two sides remain from resolving a crisis that has choked the Strait of Hormuz for more than five months.

CNBC World News
Aug 10, 2026

Australian rare earth miner surges after U.S. Department of War investment
The Trump administration has backed plans to build an Australian scandium mine as part of a push to challenge China's critical-minerals dominance.

CNBC World News
Aug 10, 2026

Treasury yields inch lower as investors look ahead to key inflation data
U.S. Treasury yields inched lower at the start of the week as investors look ahead to a busy week of economic data, particularly key inflation data.

CNBC World News
Aug 10, 2026

CNBC Daily Open: Record heatwaves hit Europe's already expensive summer
German inflation figures and U.K. GDP will show just how deeply months of elevated energy costs have seeped into prices, and how much growth has taken a hit.

CNBC World News
Aug 10, 2026

The space boom has created a giant mess. Now startups want to clean it up
As Earth's orbit gets more crowded, companies are betting that cleaning up space junk could become a lucrative new business.

CNBC World News
Aug 10, 2026

Trump says oil supermajors are making too much money. What will they do with it?
The windfall is fueling fresh political and environmental backlash, with Trump accusing Exxon Mobil and Chevron of making "too much money."

CNBC World News
Aug 10, 2026

U.S. reaffirms grip on Hormuz blockade, turning away 55 ships as talks stall
The escalating tally underscores how far the two sides remain from resolving a crisis that has choked the Strait of Hormuz for more than five months.

CNBC World News
Aug 09, 2026

Oil rises amid uncertainty over U.S.-Iran Strait of Hormuz deal
Oil rose as traders assess mixed signals from the U.S. and Iran amid worries that a deal to open the Strait of Hormuz may not be coming anytime soon.

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