Nike’s activewear line with Skims. Courtesy: Nike SKIMS Nike‘s highly anticipated activewear line with Kim Kardashian’s intimates brand Skims is set to launch this week after it was pushed back due to production delays, the companies announced Monday. The partnership, dubbed NikeSKIMS, is a key part of the sneaker company’s strategy to win over more…
Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman on Monday commented on President Donald Trump’s decision to increase the cost of hiring overseas workers on visas. Trump on Friday announced that he would raise the fee for an H-1B visa to $100,000, leaving companies scrambling. Employers now must have documentation of the payment prior to…
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. Market update : Stocks are higher on Monday, overcoming a soft open. But once again, the largest companies are driving the action, with the market-weighted S…
Attendees during a media tour of the Revolution Wind construction hub at the Port of Providence in Providence, Rhode Island, US, on Thursday, June 13, 2024. Adam Glanzman | Bloomberg | Getty Images A federal judge on Monday allowed Danish renewable energy company Orsted to resume construction on an offshore wind farm that the Trump…
Nvidia will invest $100 billion in OpenAI as the artificial intelligence lab sets out to build hundreds of billions of dollars in data centers based around the chipmaker’s AI processors, the companies said on Monday. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, the companies said on Monday. A…
White House press secretary Karoline Leavitt says that a deal is reached between the U.S. and China where TikTok’s algorithm and data are controlled by America and are majority-owned by Americans in the United States. Mike Campbell | Nurphoto | Getty Images A preliminary deal to keep TikTok alive in the United States will not…
The Oracle headquarters in Austin, Texas, on April 24, 2024. Brandon Bell | Getty Images Oracle is promoting its presidents of cloud infrastructure, Clay Magouyrk, and industries, Mike Sicilia, to co-CEOs, the company announced Monday. Safra Catz, the software giant’s current CEO, will serve as executive vice chair on the company board. Oracle has been…
A Build-A-Bear Workshop in Herald Square, New York on Sept. 16, 2025. Laya Neelakandan | CNBC For 26-year-old Cammie Craycroft’s friends, the perfect birthday activity this summer was a group trip to Build-A-Bear Workshop. Craycroft said she and her friends grew up going to the retailer, which is known for its experiential shopping product where…
U.S. President Donald Trump signs an executive order in the Oval Office at the White House on September 19, 2025 in Washington, DC. Trump signed two executive orders, establishing the “Trump Gold Card” and introducing a $100,000 fee for H-1B visas. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump‘s surprise…
Indian billionaire Gautam Adani attends the 51st Gems and Jewellery Awards in Jaipur, India, November 30, 2024. Stringer | Reuters Shares of Adani Group companies rose sharply Monday, led by Adani Power, which surged nearly 20% after its five-for-one stock split took effect. A company generally carries out a stock split to make its shares…
