Celestica CEO Rob Mionis explained how his company designs and manufactures infrastructure that enables artificial intelligence in a Tuesday interview with CNBC’s Jim Cramer. “If AI is a speeding freight train, we’re laying the tracks ahead of the freight train,” Mionis said. He pushed back against the notion that the AI boom is a bubble,…
Tourists sit on a bollard at the Sydney Opera House. Afp Contributor | Afp | Getty Images Australia’s inflation accelerated in the third quarter, with consumer prices rising 3.2% from a year earlier — the fastest pace in more than a year — the Australian Bureau of Statistics said Wednesday. The increase topped the 2.1%…
TOKYO, JAPAN – OCTOBER 27: U.S. President Donald Trump disembarks Air Force One as he arrives at Haneda Airport on October 27, 2025 in Tokyo, Japan. Takashi Aoyama | Getty Images News | Getty Images U.S. President Donald Trump said he expects to lower fentanyl-linked tariffs on China ahead of a much-anticipated meeting with Chinese…
South Korea’s SK Hynix on Wednesday posted record quarterly revenue and profit, boosted by a strong demand for its high bandwidth memory used in generative AI chipsets. Here are SK Hynix’s third-quarter results versus LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate: Revenue: 24.45 trillion won ($17.13 billion) vs….
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly traded higher on Wednesday as investors awaited the Federal Reserve’s interest rate decision, widely believed to bring a second straight 25 basis point cut. Markets are…
Planet Labs stock has been on a tear over the last few months as investors bet on the company’s satellite data offerings. Shares have surged since early September and are up more than 100% over the last three months, making it one of the best performers in CNBC’s screen of San Francisco-based companies. The stock…
Elon Musk‘s Wikipedia rival Grokipedia got off to a “rocky start” in its public debut, but Wikipedia founder Jimmy Wales didn’t even have to take a look at the AI’s output to know what he expected. “I’m not optimistic he will create anything very useful right now,” Wales said at the CNBC Technology Executive Council…
NVIDIA CEO Jensen Huang speaks during the Live Keynote Pregame during the Nvidia GTC (GPU Technology Conference) in Washington, DC, on Oct. 28, 2025. Jim Watson | AFP | Getty Images Nvidia CEO Jensen Huang said at the company’s GTC conference on Tuesday that its Blackwell graphics processing units — the company’s fastest AI chips…
Homes in the south suburban Chicago area on April 26, 2023. Brian Cassella | Tribune News Service | Getty Images A home is most Americans’ single largest investment. The returns are losing ground. Home prices nationally rose 1.5% in August compared with the same month last year, down from the 1.6% annual gain recorded in…
“SNAP/EBT Food Stamp Benefits Accepted” is displayed on a screen inside a Family Dollar Stores Inc. store in Chicago, Illinois. Daniel Acker | Bloomberg | Getty Images Read more CNBC government shutdown coverage CNBC has requested comment from the USDA on the lawsuit. The department’s website greets visitors with a large message about the discontinuation…
