France’s President Emmanuel Macron welcomes European Commission President Ursula Von der Leyen as she arrives for a summit at the Elysee Palace, in Paris, on March 27, 2025. F Ludovic Marin | Afp | Getty Images Tensions are likely to be high in Brussels this week, as yet another political implosion in France leaves the…
An ABB robot on a production line at the Sony UK Technology Centre in Pencoed, UK. Bloomberg | Bloomberg | Getty Images SoftBank Group on Monday said it had agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion, as the Japanese giant looks to bolster its artificial intelligence plays. The…
European stocks are expected to hover around the flatline at the open on Wednesday as markets lack direction during a difficult week. Source link
The Amgen headquarters in Thousand Oaks, California. Eric Thayer | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Drugmakers are increasingly using telehealth platforms to sell their medicines directly to patients…
Thoma Bravo co-founder Orlando Bravo said valuations for artificial intelligence companies are “at a bubble,” comparing it to the dot-com era. But one key difference in the market now, he said, is that large companies with “healthy balance sheets” are financing AI businesses. Bravo’s private equity firm boasts more than $181 billion in assets under…
The Reserve Bank of New Zealand (RBNZ) building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023. Mark Coote | Bloomberg | Getty Images New Zealand’s central bank on Wednesday cut benchmark interest rates by 50 basis points to 2.5%, bringing the policy rate to its lowest level since July 2022 as growth worries loom….
Nvidia CEO Jensen Huang joined CNBC’s Jim Cramer for a special Investing Club interview on Tuesday at the New York Stock Exchange. With dozens of Club members in attendance for our October Monthly Meeting, Jensen answered questions about Nvidia’s most important partnerships, including Oracle , Intel , CoreWeave , and OpenAI. Here is a rapid-fire…
In an interview with CNBC’s Jim Cramer, Nvidia CEO Jensen Huang discussed his company’s new deal with OpenAI, saying it’s the first “direct partnership” with the ChatGPT maker. “This is a partnership that, for the first time, OpenAI is going to buy directly from us,” Huang said. “Usually…a cloud service provider buys from us, and…
In 2025, the median rent for a 1-bedroom in Hong Kong is $2,421. Nikada | E+ | Getty Images Asia-Pacific markets traded mixed Wednesday, breaking ranks from Wall Street losses, after the World Bank raised the region’s growth forecast Tuesday. That comes after a summer that saw U.S. tariff-led uncertainty rock the global economy. Japan’s benchmark…
Nvidia CEO Jensen Huang says he’s optimistic that the United States and China can work through trade and technology disputes. It’s important to keep America at the forefront of the generative AI boom. “AI is going to be foundational and transformative to every single country. President Trump wants America to win the AI race,” Jensen…
