Meta CEO Mark Zuckerberg published a letter outlining his vision for “personal superintelligence” Wednesday, giving investors a glimpse into his artificial intelligence strategy ahead of Meta’s second-quarter earnings report. The company has shelled out billions of dollars hiring top AI researchers and engineers in recent weeks, and Wall Street will be listening for what Zuckerberg…
The U.S. economy grew at a much stronger-than-expected pace in the second quarter, powered by a turnaround in the trade balance and renewed consumer strength, the Commerce Department reported Wednesday. Gross domestic product, a sum of goods and services activity across the sprawling U.S. economy, jumped 3% for the April through June period, according to…
Piotr Swat | Lightrocket | Getty Images Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company will pay shareholders $45 apiece for 2.2005 shares of CyberArk, representing a 26% premium to its share price Friday. The deal is expected to close…
U.S. President Donald Trump gestures before boarding Air Force One as he returns to Washington, D.C., in Lossiemouth, Scotland, Britain, July 29, 2025. Evelyn Hockstein | Reuters President Donald Trump said that he will not extend Friday’s deadline for his “reciprocal” tariffs on dozens of countries to restart. “THE AUGUST FIRST DEADLINE IS THE AUGUST…
DeWalt power tools are displayed at a Home Depot on May 2, 2025 in New York City. Michael M. Santiago | Getty Images Companies behind some of America’s best-known brands are warning that tariffs will raise costs by hundreds of millions of dollars as Friday’s key deadline nears. Firms are gearing up for the long-awaited…
Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California. Justin Sullivan | Getty Images Shares of Adidas fell Wednesday after the German sportswear giant flagged a double-digit million euro hit from U.S. tariffs in the second quarter and warned that current import levies will push up the cost of its…
18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Sina Schuldt/picture alliance via Getty Images) The euro zone economy eked out a better-than-expected 0.1% growth in the second quarter, compared to the previous three-month stretch, flash data from Eurostat showed Wednesday. Economists polled by Reuters had anticipated euro zone growth to flatline…
The earthquake, which struck early Wednesday, triggered evacuation orders in Hawaii and Japan. Source link
Tencent shows off its various AI applications based on its Hunyuan model at the World AI Conference in Shanghai on July 26, 2025. CNBC | Evelyn Cheng This report is from this week’s edition of CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week,…
This report is from this week’s CNBC’s UK Exchange newsletter by Ian King. Like what you see? You can subscribe here. The dispatch Ian Holloway, one of the most eccentric managers in British football, is famous for his idioms and sayings. One of his most celebrated came when, in May 2004, his Queens Park Rangers team…
