Intel‘s stock rose 9% in premarket trading on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal with Apple to design and build chips in the U.S. “Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories,” Trump said in a post on Truth…
LGBTQ+ consumers are shifting their brand loyalties based on companies’ diversity, equity and inclusion policies, according to new research from the Human Rights Campaign Foundation. The findings released Wednesday found that nearly 72% of LGBTQ+ consumers say they buy fewer products from companies they perceive as “reducing diversity and inclusion commitments.” Nearly 70% also said…
Qualcomm is working on over 40 designs of new AI devices, CEO Cristiano Amon told CNBC, as the chip designer prepares for a wave of “agents” across consumer electronics. In a wide-ranging interview on CNBC’s “The Tech Download” podcast, Amon laid out his views on the changing role of smartphones and apps, why smart glasses…
A sports-themed display in a Beijing mall ahead of the World Cup kickoff on June 11, 2026. CNBC | Yin Hon Chow BEIJING — Long gone are the days when catching World Cup soccer games on the go meant buying a portable mini television set. Instead, consumers in China can just whip out their phones….
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of media outside a restaurant in the Hongdae district of Seoul, South Korea, on Friday, June 5, 2026. SeongJoon Cho | Bloomberg | Getty Images Nvidia is aiming to raise at least $20 billion in debt, according to sources with knowledge of the matter,…
SpaceX President and Chief Operating Officer Gwynne Shotwell celebrates with family and other SpaceX employees at the Nasdaq Marketsite in in New York after the SpaceX initial public offering on June 12, 2026. Spencer Platt | Getty Images News | Getty Images Days after Elon Musk’s SpaceX made its debut on the Nasdaq, much ink…
SpaceX founder Elon Musk jumps for joy at a gathering after NASA commercial crew astronauts Doug Hurley and Bob Behnken blast off aboard the SpaceX Falcon 9 rocket, bound for the International Space Station, in Cape Canaveral, Florida, on May 30, 2020. Jonathan Newton | The Washington Post | Getty Images In Elon Musk’s telling…
BECKY QUICK: You’re taking me literally and stepping away from the real story here, which is kind of this war of words between you and Charlie and Elon. And I just want — do you even know Elon Musk? WARREN BUFFETT: I’ve never said anything to anyone about Elon. I mean, you know — you’re…
Wall Street exhaled on Friday after SpaceX nailed its record-breaking debut. The success wiped away a week of anxiety over whether the market had the appetite to digest the biggest initial public offering in history. SpaceX closed up 19% at nearly $161 per share for a market value of more than $2.1 trillion, making it…
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. Stocks are trading higher Friday afternoon, with the S & P 500’s gains pushing it firmly in positive territory for the week. That’s quite the change…
