Walmart associates celebrate during the opening bell ceremony at the Nasdaq Market to celebrate the company’s listing transfer, in New York City, U.S., December 9, 2025. Brendan McDermid | Reuters Walmart crossed the $1 trillion market cap threshold on Tuesday after a dizzying stock climb fueled by the growth of digital businesses and the acquisition…
Elon Musk’s rocket maker SpaceX has acquired his artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC’s David Faber has confirmed. The record-setting deal will be the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by…
PepsiCo on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by improving organic sales across its business. Demand for the company’s snacks has been sluggish as consumers balk at higher prices. This year, Pepsi plans to lower prices on products like chips from its North American food division to “improve competitiveness and the purchase…
Albert Bourla, CEO of Pfizer, speaking on Squawk on the Street at the World Economic Forum in Davos, Switzerland on Jan. 20, 2026. Oscar Molina | CNBC Pfizer on Tuesday reported fourth-quarter results that topped estimates even amid dwindling demand for its Covid products, while reaffirming its modest 2026 guidance that rattled investors in December….
Palantir surged 11% in premarket trading on Tuesday after beating Wall Street’s fourth quarter estimates amid rising spending on AI tools from governments and businesses. The shares popped after it reported $1.41 billion in revenue, ahead of LSEG estimates of $1.33 billion. The earnings came after a muted end to 2025 — November was Palantir’s…
President Donald Trump greets Indian Prime Minister Narendra Modi to the White House in Washington, Monday, June 26, 2017. Alex Brandon | AP U.S. President Donald Trump’s announcement Monday that he has agreed a trade deal with India comes hot on the heels of Europe’s own trade agreement with New Delhi, signaling Washington is not…
US President Donald Trump speaks to the press about a critical minerals stockpile with $12 billion in initial funding, as Washington seeks to lower reliance on China for rare earths and other resources, in the Oval Office of the White House in Washington, DC, on February 2, 2026. Saul Loeb | Afp | Getty Images…
One kilogram and a five hundred gram gold bars next to one kilogram silver bars at The Vaults Group gold dealers arranged in Barcelona, Spain, on Monday, April 28, 2025. Bloomberg | Bloomberg | Getty Images Gold and silver prices rebounded on Tuesday after suffering a historic sell-off, with analysts suggesting that the recent corrections…
WASHINGTON, DC – FEBRUARY 13: U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office at the White House on February 13, 2025 in Washington, DC. Andrew Harnik | Getty Images News The U.S. and India announced a trade deal Monday after months of negotiations, raising hopes for a strategic…
Saimemory, a subsidiary of multinational investment giant SoftBank, has signed a collaboration agreement with American chipmaker Intel Corp. to advance the commercialization of next-generation memory technology, the companies announced Tuesday. The partnership focuses on next-generation memory technologies that can support the growing demands of artificial intelligence and high-performance computing. The effort is currently known as…
