When the U.S. sneezes, it seems Europe may not catch its cold in the same way it used to. The Stoxx 600 is sitting close to record highs after recording its 7th positive week in eight, despite the tech-led devastation around it. It’s been a different story across the pond. In a recent note, Deutsche…
Flags flutter during the 56th annual World Economic Forum (WEF) meeting, in Davos, Switzerland, January 19, 2026. Denis Balibouse | Reuters BEIJING — While high-profile world leaders in Davos last week opined on U.S. claims to Greenland, China’s envoy reiterated calls for cooperation. Businesses and analysts in China said the developments highlighted an opportunity for…
The World Economic Forum, each year, becomes the center of the universe for one week in January in Davos, Switzerland. This year, six CEOs of portfolio companies were interviewed on CNBC throughout the week. They discussed topics ranging from artificial intelligence to America’s housing affordability crisis. Here is what they had to say. 1. Amazon…
LONDON — European markets are expected to open slightly lower on Friday as investors digest events at Davos, including Ukrainian President Volodymyr Zelenskyy’s excoriating speech about the continent. The U.K.’s FTSE 100 and Germany’s DAX are expected to open flat, while France’s CAC 40 index was last seen 0.15% lower, according to data from IG…
Tesla CEO Elon Musk said on Thursday that his company will have a “widespread” network of driverless robotaxis in the U.S. by the end of 2026. “Tesla’s rolled out robotaxi service in a few cities, and will be very, very widespread by the end of this year within the U.S.,” he said during an appearance…
Gavin Newsom, governor of California, holding a knee pad during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. Bloomberg | Getty Images California Gov. Gavin Newsom on Thursday showed off knee pads that he suggested were for leaders “selling out” to the Trump administration. Speaking at the World Economic Forum…
U.S. President Donald Trump attends a reception with business leaders during the 56th annual World Economic Forum (WEF), in Davos, Switzerland, Jan. 21, 2026. Jonathan Ernst | Reuters Trump’s latest retreat from a trade war has catalyzed an international asset rally — and revived investors’ talk of “TACO” — “Trump Always Chickens Out.” Speaking to…
Salesforce CEO Marc Benioff said Tuesday that “there has to be some regulation” of artificial intelligence, pointing to several documented cases of suicide linked to the technology. “This year, you really saw something pretty horrific, which is these AI models became suicide coaches,” Benioff told CNBC’s Sarah Eisen on Tuesday at the World Economic Forum’s…
Billionaire investor Ray Dalio warned Tuesday that President Donald Trump’s aggressive political direction could spark a new phase of global financial conflict, as foreign governments and investors reconsider their appetite for U.S. assets amid rising unease and economic tensions. “On the other side of trade deficits and trade wars, there are capital and capital wars,” Dalio…
As fresh talk of a U.S.-Europe trade war intensified on Tuesday, IMF Managing Director Kristalina Georgieva issued a stark warning to European leaders: “Get your act together.” U.S. President Donald Trump announced on Saturday that eight European allies would face increasing tariffs, starting at 10% on Feb. 1 and rising to 25% on June 1, if…
