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CNBC World News
Feb 08, 2023

Disney beats expectations as streaming subscriber losses aren't as bad as feared
Disney reported earnings after the bell. Here are the results.

CNBC World News
Feb 08, 2023

U.S. explores working with India to increase economic competition against China, says Commerce Secretary Gina Raimondo
Commerce Secretary Gina Raimondo says a collaboration between the U.S. and India can compete with the Chinese semiconductor monopoly.

CNBC World News
Feb 08, 2023

Affirm cuts 19% of workforce; shares tank on earnings miss
Affirm reported second quarter earnings that fell below analyst estimates on both the top and bottom lines.

CNBC World News
Feb 08, 2023

Robinhood board approves plan to buy back Sam Bankman-Fried's $578 million stake
Robinhood will work with the Department of Justice to purchase Sam Bankman-Fried's shares, which amount to 7% of the company.

CNBC World News
Feb 08, 2023

Alphabet shares fall 7% following Google's A.I. event
Shares of Alphabet tumbled Wednesday after the company held an event to promote its new artificial intelligence chatbot.

CNBC World News
Feb 08, 2023

Spy balloon confirms 'pattern of Chinese behavior' that poses threat to NATO members, Stoltenberg says
Stoltenberg said European countries have seen an increase in Chinese intelligence activities.

CNBC World News
Feb 08, 2023

Netflix starts cracking down on password sharing in four countries
Users will be asked to set a "primary location" for their Netflix accounts and will be allowed two "sub accounts" for users who don't live in that household.

CNBC World News
Feb 08, 2023

Lawyers and advisors in FTX bankruptcy have billed nearly $20 million for 51 days of work
FTX's top bankruptcy, legal and financial advisors have billed the company more than $19.6 million in fees, according to Tuesday bankruptcy court filings.

CNBC World News
Feb 08, 2023

Fed Governor Christopher Waller warns that interest rates could go higher than expectations
Federal Reserve Governor Christopher Waller on Wednesday talked tough on inflation, warning that the fight is not over.

CNBC World News
Feb 08, 2023

Cruz Foam makes styrofoam alternative from shrimp shells and food waste
Cruz Foam has launched a packaging line to displace polystyrene peanuts and bubble wrap in ecommerce.

CNBC World News
Feb 08, 2023

Chinese tech giant Alibaba working on a ChatGPT rival; shares jump
Alibaba joins a flurry of technology firms including Google and Baidu to respond to OpenAI and Microsoft's ChatGPT AI chatbot.

CNBC World News
Feb 08, 2023

Microsoft's $69 billion Activision takeover in doubt as UK regulator raises competition concerns
The competition regulator said Microsoft's $69 billion takeover of Call of Duty maker Activision Blizzard could harm competition in the U.K. gaming market.

CNBC World News
Feb 08, 2023

All you need to know about ChatGPT, the A.I. chatbot that's got the world talking and tech giants clashing
Schools, corporate boardrooms and social media are abuzz with talk about ChatGPT, the artificial intelligence chatbot developed by AI startup OpenAI.

CNBC World News
Feb 08, 2023

Chinese food delivery firm Meituan plans to hire 10,000 workers as U.S. tech giants ax jobs
Meituan's hiring spree is in contrast to Silicon Valley technology giants from Microsoft to Alphabet that have laid off thousands of workers.

CNBC World News
Feb 08, 2023

Azeri BTC crude loadings suspended at a major oil export hub in Turkey after earthquakes
Crude oil loadings from Turkey's Baku-Tbilisi-Ceyhan terminal in the Mediterranean have been suspended, following earthquakes that devastated Turkey and Syria.

CNBC World News
Feb 08, 2023

ByteDance is testing food delivery service via its Chinese version of TikTok
ByteDance's Douyin is trialing a food delivery service in China "that enables merchants to promote and sell 'group-buying' packages."

CNBC World News
Feb 08, 2023

China's economy will grow 5% this year, Fitch Ratings says in upgraded forecast
China's economy will expand by 5% in 2023, Fitch Ratings said in a revised forecast on Wednesday - an improved outlook from its previous 4.1% growth prediction from December.

CNBC World News
Feb 08, 2023

SocGen reports 64% slide in annual profits but beats market expectations
Societe Generale on Wednesday reported a 64% drop in annual net profits for 2022 and said the new year will be challenging.

CNBC World News
Feb 08, 2023

Maersk, a global barometer for trade, posts record 2022 earnings but warns of a tough year ahead
Maersk, one of the world's largest container shipping firms, on Wednesday reported the best full-year result in its history.

CNBC World News
Feb 08, 2023

Big Oil rakes in record profit haul of nearly $200 billion, fueling calls for higher taxes
Altogether, the five Big Oil companies reported combined profits of $196.3 billion last year, more than the economic output of most countries.

CNBC World News
Feb 07, 2023

Five key economic points in Biden's 2023 State of the Union address to Congress
Biden renewed his call for levying a tax on billionaires, continued his fight against junk fees, cracked down on monopolistic practices and high drug prices.

CNBC World News
Feb 07, 2023

World's largest drone maker is unfazed — even if it's blacklisted by the U.S.
The world's biggest drone maker DJI found itself embroiled in the Russia-Ukraine conflict last year.

CNBC World News
Feb 07, 2023

Luxury brand Six Senses is opening its first hotel in Australia
The hotel is scheduled to open in 2025 on a 22-hectare estate called Burnham Beeches, located 25 miles from Melbourne in the Dandenong mountain range.

CNBC World News
Feb 07, 2023

Microsoft CEO Nadella calls A.I.-powered search biggest thing for company since cloud 15 years ago
Satya Nadella said A.I.-powered search is the biggest thing to happen to the company in the nine years he's been CEO.

CNBC World News
Feb 07, 2023

Microsoft will let companies create their own custom versions of ChatGPT, source says
Microsoft is planning to let companies, schools and governments create their own chatbots with OpenAI's ChatGPT for purposes like customer service.

CNBC World News
Feb 07, 2023

Wholesale egg prices have 'collapsed.' Why consumers may soon see relief
Wholesale egg prices have declined by over 50% from their recent record highs. Retail prices may soon follow, but that's not a sure thing.

CNBC World News
Feb 07, 2023

Microsoft CEO Nadella calls AI-powered search biggest thing for company since cloud 15 years ago
Satya Nadella said AI-powered search is the biggest thing to happen to the company in the nine years he's been CEO

CNBC World News
Feb 07, 2023

New photos show the Navy recovering downed China spy balloon off U.S. coast
A Chinese spy balloon was shot down on orders of President Joe Biden, and his administration is considering other actions, Sen. Chuck Schumer said.

CNBC World News
Feb 07, 2023

Fed Chair Powell says inflation is starting to ease, but interest rates still likely to rise
Fed Chairman Jerome Powell spoke Wednesday in a question-and-answer session at the Economic Club of Washington, D.C.

CNBC World News
Feb 07, 2023

Fed Chief Powell says the disinflationary process has begun, but has a long way to go
Fed Chairman Jerome Powell spoke Wednesday in a question-and-answer session at the Economic Club of Washington, D.C.

CNBC World News
Feb 07, 2023

A neuroscientist shares the 4 ‘highly coveted' skills that set introverts apart: ‘Their brains work differently'
Neuroscientist Friederike Fabritius has worked with companies like Google and Deloitte on how to retain top talent. While many leaders prefer to hire extroverts, she says introverts are often more successful at work.

CNBC World News
Feb 07, 2023

Zoom to lay off 1,300 employees, or about 15% of its workforce
Zoom on Tuesday announced plans to cut about 1,300 workers, or 15% of its workforce, according to a blog post shared to the company's website.

CNBC World News
Feb 07, 2023

What will TV look like in three years? These industry insiders share their predictions
CNBC asked media insiders, including Barry Diller, Bela Bajaria and Bill Simmons, for their predictions about the future of TV.

CNBC World News
Feb 07, 2023

Plant-based salmon startup capitalizes on rising interest in fake seafood
A copper deficit is set to inundate global markets throughout 2023, fueled by increasingly challenged South American supply streams and higher demand pressures.

CNBC World News
Feb 07, 2023

Billionaire Tesla bull Ron Baron says Musk promised him multiples on his $100 million Twitter investment
Tesla CEO Elon Musk promised billionaire investor Ron Baron two to three times his money when Baron invested in Twitter's take-private deal, Baron said Tuesday.

CNBC World News
Feb 07, 2023

Turkey's Ceyhan oil port disrupted by weather as earthquake damage assessed
Adverse weather conditions are disrupting loadings at Turkey's Ceyhan port, where damage is being assessed in wake of Monday's twin earthquakes.

CNBC World News
Feb 07, 2023

Fed's Neel Kashkari says central bank has not made enough progress, keeping his rate outlook
Kashkari told CNBC on Tuesday that he sees the Fed's benchmark interest rate likely heading to about 5.4%.

CNBC World News
Feb 07, 2023

UK PM Rishi Sunak overhauls government departments after bumpy 100 days in power
U.K. Prime Minister Rishi Sunak announced a mini overhaul of his government as he seeks to reassert his authority after a shaky first 100 days in office.

CNBC World News
Feb 07, 2023

Turkey's President Erdogan declares 3-month state of emergency for quake-hit regions
Turkish President Recep Tayyip Erdogan declared a three-month state of emergency in 10 of the country's provinces Tuesday.

CNBC World News
Feb 07, 2023

Mark Mobius: Adani had 'big problems' that put me off, but India still looks appealing
The head of Mobius Capital Partners said fraud accusations against Adani should be seen as isolated and wake investors up to the scale of the Indian market.

CNBC World News
Feb 07, 2023

New Western measures aim to turn up the heat on Putin's oil revenues. Analysts are underwhelmed
The West is seeking to deplete Russian President Vladimir Putin's war chest as the Kremlin's nearly year-long war in Ukraine drags on.

CNBC World News
Feb 07, 2023

Bill Gates on why he'll carry on using private jets and campaigning on climate change
The Microsoft co-founder made his comments during an interview with the BBC.

CNBC World News
Feb 07, 2023

Nintendo cuts sales forecast for its ageing Switch console after disappointing holiday season
Nintendo said it now expects to sell 18 million Switch units for the fiscal year ending March 2023, down from a previous forecast of 19 million.

CNBC World News
Feb 07, 2023

75% of LGBTQ startup founders hide their identity from investors, UK survey finds
A survey from U.K. LGBTQ investor network Proud Ventures found that 75% of LGBTQ startup founders and 79% of investors conceal their identity.

CNBC World News
Feb 07, 2023

U.S. is 'absolutely' behind on supply chain independence from China, Biden advisor says
For the U.S., whose relations with China can currently be described as tense at best, this poses several potential security risks.

CNBC World News
Feb 07, 2023

SoftBank's Vision Fund posts fourth straight quarter of losses as tech slump hits Japanese giant
SoftBank's flagship investment arm, the Vision Fund, has been hit by a slump in technology valuations over the past year.

CNBC World News
Feb 07, 2023

BP posts record 2022 earnings to join Big Oil profit bonanza
Oil major BP's record annual profits follow bumper earnings from energy giants Shell, Exxon Mobil and Chevron.

CNBC World News
Feb 07, 2023

French bank BNP Paribas reports bumper profit for 2022, boosts stock purchase plan
BNP Paribas reported Tuesday a 7% rise in net income for 2022 and revised up its profit targets.

CNBC World News
Feb 07, 2023

U.S. Treasury bond yields rise — and stock markets fall — on January jobs report
January's U.S. jobs report was so positive that Treasury yields rose and markets fell. Their trajectory for the rest of the week depends on Fed Chair Powell.

CNBC World News
Feb 07, 2023

India will buy oil from 'wherever we have to' if terms are beneficial, energy minister says
India will secure oil from anywhere as long as the terms are beneficial, India's energy minister Hardeep Singh Puri told CNBC.

CNBC World News
Feb 06, 2023

Baidu leaps to 11-month high as it reveals plan to launch ChatGPT-style 'Ernie Bot'
Shares of Baidu jumped more than 13% in Hong Kong as the company said it will launch its own artificial intelligence chatbot.

CNBC World News
Feb 06, 2023

'The worst is over': Tech investors are bullish on investing in China again
Tech investors share an optimistic outlook on investing in China again, but investors realized that they cannot put all of their eggs in one basket.

CNBC World News
Feb 06, 2023

There isn't enough copper in the world — and the shortage could last till 2030
A copper deficit is set to inundate global markets throughout 2023, fueled by increasingly challenged South American supply streams and higher demand pressures.

CNBC World News
Feb 06, 2023

The next 'White Lotus' is expected to be filmed in one of these locations in Asia
HBO smash hit "The White Lotus" led to soaring travel interest in its previous filming locations, Hawaii and Sicily. Now all eyes are on Asia for season three.

CNBC World News
Feb 06, 2023

Pinterest shares slip on fourth-quarter revenue miss and weak forecast
Pinterest reported revenue for the fourth quarter that missed analysts' estimates

CNBC World News
Feb 06, 2023

U.S. Treasury bond yields rise — and stock markets fall — on January's jobs report
January's U.S. jobs report was so astoundingly positive on all fronts that caused U.S. Treasury yields to rise and stock markets to fall.

CNBC World News
Feb 06, 2023

Microsoft likely to reveal ChatGPT-related service at event on Tuesday
Microsoft on Monday announced plans to host a news event that could be related to the AI chatbot ChatGPT.

CNBC World News
Feb 06, 2023

Winklevoss twins' crypto exchange Gemini to contribute $100 million to Genesis bankruptcy recovery
Gemini, the crypto exchange controlled by the Winklevoss twins, will contribute $100 million in cash to a recovery plan for bankrupt crypto lender Genesis.

CNBC World News
Feb 06, 2023

Pinterest shares plunge as much as 12% on fourth-quarter revenue miss and weak forecast
Pinterest reported revenue for the fourth quarter that missed analysts' estimates

CNBC World News
Feb 06, 2023

Failure to raise U.S. debt ceiling would lead to 'economic and financial catastrophe,' Yellen says
Treasury Secretary Janet Yellen warned that defaulting on the debt ceiling would lead to financial catastrophe.

CNBC World News
Feb 06, 2023

Google announces Bard A.I. in response to ChatGPT
Google Bard comes as the company tries to compete with the popularity of ChatGPT.

CNBC World News
Feb 06, 2023

Amazon scales back cargo flying as demand cools, contractor says
Air Transport Services Group said Amazon will be flying less in response to slowing consumer demand and a worsening economic outlook.

CNBC World News
Feb 06, 2023

More than half of all 'Avatar: The Way of Water' tickets have been for 3D showings
James Cameron's "Avatar: The Way of Water" has outperformed at the box office when it comes to 3D showings and premium format ticket sales.

CNBC World News
Feb 06, 2023

Crypto exchange Binance will suspend U.S. dollar transfers
Binance said it would suspend U.S. dollar withdrawals and deposits beginning Feb. 8.

CNBC World News
Feb 06, 2023

ChatGPT's 'jailbreak' tries to make the A.I. break its own rules, or die
Reddit users have tried to force OpenAI's ChatGPT to violate its own rules on violent content and political commentary, with an alter ego named DAN.

CNBC World News
Feb 06, 2023

Photos show aftermath of two massive earthquakes that struck Turkey and Syria
Around 3,471 buildings collapsed after two massive earthquakes that struck Turkey and Syria on Monday.

CNBC World News
Feb 06, 2023

Two massive earthquakes rock Turkey and Syria as death toll exceeds 2,400
A second earthquake struck Turkey and Syria on Monday, adding to the tragedy of hundreds of losses incurred by a first quake earlier in the day.

CNBC World News
Feb 06, 2023

Retailers in China enact rare price cuts for Apple's high-end iPhone 14 line
Price cuts to Apple's iPhone 14 Pro and Pro Max in China come amid a smartphone demand slump in the world's second-largest economy.

CNBC World News
Feb 06, 2023

Dell to lay off 6,650 workers, or 5% of its workforce
Dell on Monday announced plans to lay off more than 6,650 employees, or about 5% of its workforce.

CNBC World News
Feb 06, 2023

Two massive earthquakes rock Turkey and Syria as death toll exceeds 2,200
A second earthquake struck Turkey and Syria on Monday, adding to the tragedy of hundreds of losses incurred by a first quake earlier in the day.

CNBC World News
Feb 06, 2023

A prominent UK cybersecurity stock is under attack from short sellers. Here's what you need to know
Cybersecurity firm Darktrace was targeted in a short seller report from New York-based asset manager Quintessential Capital Management.

CNBC World News
Feb 06, 2023

Soccer's Premier League accuses Manchester City of breaching financial rules
The club will face a commission over alleged rule breaking between 2009 and 2016 regarding financial reporting on revenue and manager and player remuneration.

CNBC World News
Feb 06, 2023

Former UK PM Liz Truss is blaming the left-wing 'economic establishment' for ousting her
Former U.K. Prime Minister Liz Truss is blaming a "powerful economic establishment" for bringing her chaotic 44-day tenure to an end last year.

CNBC World News
Feb 06, 2023

Two massive earthquakes rock Turkey and Syria as death toll exceeds 1,300
A second earthquake struck Turkey and Syria on Monday, after the death toll from a first quake rose near 1,300.

CNBC World News
Feb 06, 2023

Second earthquake rocks Turkey and Syria as death toll from first quake reaches 1,300
A second earthquake struck Turkey and Syria on Monday, after the death toll from a first quake rose near 1,300.

CNBC World News
Feb 06, 2023

China urges calm after U.S. shoots down suspected spy balloon
China's Ministry of Foreign Affairs spokesperson Mao Ning urged both sides to remain calm after the U.S. said it shot down what it called a Chinese spy balloon.

CNBC World News
Feb 06, 2023

London's rental market is in crisis. Here's why and how renters are struggling
High demand and low supply have led to soaring prices and a rental market crisis in London.

CNBC World News
Feb 06, 2023

From Nike to Nutella: Company names you have probably been mispronouncing your whole life
Global company names often get Americanized or Anglicized to the point where they're unrecognizable.

CNBC World News
Feb 06, 2023

Adani rout deepens despite soothing words from India's government and billionaires
Most Adani Group companies shed market cap on Monday, as the feud between the conglomerate and a short seller firm further deepened.

CNBC World News
Feb 06, 2023

U.S.-China relations just got more fragile
U.S.-China relations look increasingly fragile, analysts say, after a now-downed Chinese balloon forced the U.S. Secretary of State to postpone a Beijing trip.

CNBC World News
Feb 05, 2023

Huawei turns to patents for a lifeline — including those in the U.S.
Chinese telecommunications giant Huawei is turning to patents for a lifeline while it tests a path forward in advanced chip technology.

CNBC World News
Feb 05, 2023

This college dropout sold his first company for six figures at 21. Here's his recipe for success
Kevin Kim's new startup Stadium Live has a star-studded list of investors, including NBA star Kevin Durant and World Cup champion Blaise Matuidi.

CNBC World News
Feb 05, 2023

January's U.S. jobs reports was stunningly good
January's U.S. jobs report is so stunningly good that it looks bad for investors hoping for an interest rate pause.

CNBC World News
Feb 05, 2023

Optimism on Chinese stocks soars to five-year highs
Money is flowing into mainland Chinese and Hong Kong stocks in ways not seen since 2018, according to research firm EPFR Global.

CNBC World News
Feb 05, 2023

Elon Musk says Twitter is ‘trending to breakeven' after near bankruptcy
Elon Musk tweeted Sunday that the last few months have been "extremely tough," but said that Twitter is "now trending to break even."

CNBC World News
Feb 05, 2023

The 7 most in-demand tech skills for freelancers—many pay more than $125 an hour
Tech skills are in high demand, and many can pay more than $100 per hour. These include full stack developer, mobile app developer and web designer.

CNBC World News
Feb 05, 2023

U.S. military shoots down suspected Chinese surveillance balloon
The U.S. military on Saturday shot down a suspected Chinese surveillance balloon, according to media reports.

CNBC World News
Feb 04, 2023

27-year-old pays $1,850/month to live in an old NYC laundromat: 'I knew true community as a child and I know it again now'
Sampson Dahl found the former laundromat online and has lived in the space for four years. It was last a working laundromat in 2005.

CNBC World News
Feb 03, 2023

Jury finds Musk, Tesla not liable in securities fraud trial following 'funding secured' tweets
Tesla CEO Elon Musk was found not liable in a shareholder class-action suit stemming from 2018 tweets in which he said he was considering taking Tesla private.

CNBC World News
Feb 03, 2023

Jim Cramer says strong January jobs report shows the economy can handle more rate hikes
Jim Cramer gave his thoughts on the January jobs report and what it reveals about the economy.

CNBC World News
Feb 03, 2023

Cramer's week ahead: Take advantage of the bull market by selling some shares
Jim Cramer also gave his thoughts on companies slated to report earnings next week, including Disney, Tyson Foods, PepsiCo and more.

CNBC World News
Feb 03, 2023

Tech stocks just finished a five-week rally — the longest stretch since market peak in November 2021
Cost cuts have replaced growth on Wall Street's checklist, and tech executives are being celebrated for efficiency over innovation.

CNBC World News
Feb 03, 2023

Tech stocks just finished a five-week rally — the longest stretch since market peak in Nov. 2021
Cost cuts have replaced growth on Wall Street's checklist, and tech executives are being celebrated for efficiency over innovation.

CNBC World News
Feb 03, 2023

Hong Kong is giving away 500,000 flights this year—here's what to know
On Thursday, Hong Kong's leader John Lee announced the city is giving away 500,000 flights in an effort to revive its economy after strict pandemic policies.

CNBC World News
Feb 03, 2023

Blinken tells China its spy balloon was ‘irresponsible' after canceling Beijing trip
Secretary of State Antony Blinken will postpone his trip to China next week after a suspected Beijing-operated spy balloon looming over parts of Montana.

CNBC World News
Feb 03, 2023

China's suspected spy balloon prompts Blinken to postpone Beijing trip as Congress seeks answers
Secretary of State Antony Blinken will postpone his trip to China next week after a suspected Beijing-operated spy balloon looming over parts of Montana.

CNBC World News
Feb 03, 2023

Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.

CNBC World News
Feb 03, 2023

China says suspected spy balloon over U.S. skies is a civilian airship
Chinese authorities said Friday that a suspected Beijing-operated spy balloon spotted hovering over sensitive U.S. airspace was in fact a civilian airship intended for scientific research.

CNBC World News
Feb 03, 2023

Samsung exec says he wouldn't give a smartphone to his daughter until she was 11
Plenty of parents are giving their children phones before then, according to a 2021 study by review site Common Sense Media.

CNBC World News
Feb 03, 2023

Treasury yields leap after much hotter jobs report than expected
U.S. Treasury yields jumped up Friday following strong jobs data.

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