Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Speaking via teleconference, Son and OpenAI chief Sam Altman argued that advancing artificial intelligence would lead to new jobs that are not yet imagined, and the advancement of robotics will…
Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images SoftBank Group shares fell as much as 10% Wednesday after the company said it sold its entire stake in U.S. chipmaker Nvidia for $5.83 billion, as the Japanese giant looks to capitalize on its “all in” bet on ChatGPT maker OpenAI….
CNBC’s Jim Cramer suggested some artificial intelligence companies might start to underperform after months of easy gains across the board, expressing concerns about OpenAI’s ability to pay the billions it’s committed to spend on an infrastructure buildout. “In this kind of environment, you need to start diversifying into other growth areas, perhaps in time to…
Supplemental Nutritional Assistance Program (SNAP) signage at a grocery store in Dorchester, Massachusetts, US, on Monday, Nov. 3, 2025. Mel Musto | Bloomberg | Getty Images The Supreme Court on Tuesday extended by two days a pause in a federal judge’s order that the Trump administration pay full SNAP benefits for November. The delay will…
U.S. President Donald Trump hosts a bilateral lunch with Hungary’s Prime Minister Viktor Orban (not pictured) at the White House in Washington, D.C., U.S., Nov. 7, 2025. Jonathan Ernst | Reuters President Donald Trump has doled out dozens of executive clemency grants in the past few weeks alone, issuing pardons and commutations to major business…
CoreWeave shares closed down 16% on Tuesday after CEO Mike Intrator addressed delays at a third-party data center developer that hit full-year guidance in its latest earnings report. “Quite frankly, every single part of this quarter went exactly as we planned, except for one delay at a singular data center,” Intrator told CNBC’s “Squawk on the Street”…
A sign displaying “Will Vector for Food” is displayed on the control tower as a Southwest airlines flight takes off at Ronald Reagan Washington National Airport in Arlington, Virginia on November 10, 2025. Andrew Caballero-reynolds | Afp | Getty Images Flight disruptions that have marred air travel for millions of people in recent weeks could…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Billionaire Barry Sternlicht,…
U.S. Supreme Court Police direct visitors from behind security barriers in front of court building, which is obscured in construction scaffolding, on the first day of the Court’s new term on Oct. 6, 2025 in Washington, DC. Chip Somodevilla | Getty Images President Donald Trump asked the Supreme Court to hear his appeal of a…
A protester with the Main Street Alliance holds a sign outside the U.S. Supreme Court, as its justices are set to hear oral arguments on U.S. President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, D.C., U.S., November 5, 2025. Nathan Howard | Reuters American…
