The US Court of International Trade in New York, US, on Thursday, April 24, 2025. Bloomberg | Bloomberg | Getty Images The Trump administration’s Department of Justice is nearing its first big legal deadline in the wake of the U.S. Supreme Court ruling that President Donald Trump‘s tariffs issued under the International Emergency Economic Powers…
Nvidia H100 chips inside a server room at the Yotta Data Services Pvt. data center, in Navi Mumbai, India, March 14, 2024. Dhiraj Singh | Bloomberg | Getty Images India’s Yotta Data Services, which is building a $2 billion artificial intelligence hub using Nvidia‘s chips, said demand for graphic processing units in the country is…
Ai trading concepts. 3D render Blackjack3d | E+ | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story Indian IT stocks are facing their steepest monthly declines since the 2008 global financial crisis, with the…
Block said Thursday it’s laying off more than 4,000 employees, or about half of its head count. The stock skyrocketed more than 24% in extended trading. “Today we shared a difficult decision with our team,” Jack Dorsey, Block’s co-founder and CEO, wrote in a letter to shareholders. “We’re reducing Block by nearly half, from over…
Iranian negotiating delegation departs for the site of the talks with U.S., in Geneva, Switzerland, Feb. 26, 2026. Iranian Foreign Ministry | WANA | Via Reuters The latest round of U.S.-Iran talks did not lead to a breakthrough, with both sides agreeing to extend negotiations, Iranian Foreign Minister Seyed Abbas Araghchi said, describing the discussions…
Netflix is walking away from a deal to buy Warner Bros. Discovery’s studio and streaming assets after the WBD board on Thursday deemed a revised bid by Paramount Skydance to be a superior offer. Earlier this week, Paramount raised its bid to buy the entirety of WBD to $31 per share, up from $30 per…
Students are seen on the campus of Columbia University in New York City on April 14, 2025. Charly Triballeau | AFP | Getty Images Federal authorities released Columbia University student Elmina Aghayeva on Thursday afternoon, hours after Immigration and Customs Enforcement agents entered a university residential hall in New York City and took the native…
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets traded mixed Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat. Japan’s Nikkei 225 slid 0.6%, while the Topix traded flat. The benchmark Japanese index hit 59,000…
Anthropic CEO Dario Amodei on Thursday said the company “cannot in good conscience” allow the Department of Defense to use its models in all lawful use cases without limitation, adding that the agency’s threats do not change its position. The artificial intelligence startup has been engaged in tense negotiations with the Pentagon in recent weeks,…
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025. Jeenah Moon | Reuters CoreWeave shares fell as much as 12% in extended trading on Thursday after the artificial intelligence-focused cloud infrastructure provider…
