Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop…
Apple CEO Tim Cook walks to attend the State Banquet at Windsor Castle, in Windsor, Britain, Sept. 17, 2025. Kevin Lamarque | Reuters Apple on Thursday night said that it was removing apps from its App Store that can be used to anonymously report sightings of U.S. Immigration and Customs Enforcement agents. The move came…
From $62,000 hotel suites to race packages with six-figure price tags, the Singapore Grand Prix is a windfall for businesses near the Marina Bay track. But the money isn’t staying in Singapore. Data shows travelers are also spending across Asia before and after the three-day Formula One race, which begins Friday. Flight bookings analyzed by…
Shares of USA Rare Earth jumped in extended trading Thursday, after CEO Barbara Humpton told CNBC that the rare earth miner is “in close communication” with the White House. Humpton’s comment comes after the Trump administration took a 5% equity stake in Lithium Americas this week. The Defense Department took a 15% stake in rare…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 wasn’t doing much Thursday, the second day of the federal government shutdown. The broad market index started the day modestly…
U.S. Department of Energy Secretary Chris Wright attends a Reuters Next event in Manhattan, New York City, U.S., Sept. 25, 2025. Carlos Barria | Reuters The Energy Department‘s cancellation of more than 300 funding awards to projects in 16 states won by Democratic nominee Kamala Harris in the 2024 presidential election slammed the brakes on…
Elon Musk stands in the Oval Office to attend a press event with U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Elon Musk this week urged his followers to cancel their Netflix subscriptions over a controversy surrounding an animated show and its creator. Musk…
Signage outside the Intel headquarters in San Jose, California, US, on Thursday, Sept. 18, 2025. David Paul Morris | Bloomberg | Getty Images Shares of U.S. chipmaker Intel climbed 3% Thursday, putting the monthly gain over 50%. The surge pushed the stock past $37, hiking the value of the U.S. government’s 10% stake in Intel…
Amazon’s new MK30 Prime Air drone is displayed during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington on Oct. 18, 2023. Jason Redmond | AFP | Getty Images Amazon is facing federal probes after two of its Prime Air delivery drones collided with a…
Aravind Srinivas, chief executive officer Perplexity AI, during a news conference at the SK Telecom Co. headquarters in Seoul, South Korea, on Wednesday, Sept.4, 2024. SeongJoon Cho | Bloomberg | Getty Images Perplexity AI on Thursday announced that its artificial-intelligence-powered web browser Comet is available worldwide, and will be free to users. The Comet browser…
