Employees work on the assembly line of an intelligent factory of SERES Automobile Co., Ltd in Chongqing, China on July 19, 2022. Vcg | Visual China Group | Getty Images China’s industrial profits growth in July slowed to its weakest pace this year, expanding 11.2% from a year earlier, according to National Bureau of Statistics…
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. The S & P 500 is basically flat on Wednesday as the market awaits several key tech earnings reports after the bell, including Nvidia . Oil…
Bill Gates speaks with Reuters during an interview in New York City, U.S., May 8, 2025. Mike Segar | Reuters There is “no plan” for the “social, political, and economic upheaval” AI is about to cause, Bill Gates has warned. The Microsoft co-founder said that AI could become either the “greatest equalizer ever invented, or…
The company flag flies in front of Boston Scientific Headquarters in Natick, Massachusetts. JB Reed | Bloomberg | Getty Images Boston Scientific said Wednesday it was hit with a cyberattack this week that is affecting its operations. The disclosure sent shares of the $72 billion medical device maker lower. The attack is disrupting Boston Scientific’s…
People dine in a Haidilao hot pot restaurant in a shopping mall complex in Beijing on March 13, 2025. One of China’s biggest restaurant chains has promised to refund thousands of customers after footage of a patron urinating into a simmering hotpot went viral online, triggering a public outcry. The clip, filmed last month, appeared…
Iranian Foreign Minister Abbas Araghchi (2nd L), Iranian parliament speaker Mohammad Bagher Ghalibaf (2nd R), and Omani Foreign Minister Badr bin Hamad Al Busaidi (R) walk inside a building in Muscat, Oman, on June 22, 2026. Hamed Malekpour | AFP | Getty Images Iran and Oman are approaching a deal to secure safe transit through…
Singapore-based Vertex Ventures, backed by Singapore state investor Temasek, has made investments in Chinese robotics startups, including Unitree Robotics. SINGAPORE — Chinese robotics companies shut out of the U.S. by new restrictions on advanced robots can still reach American buyers by building genuine operations in Singapore, according to a Temasek-backed venture firm that counts humanoid…
US President Donald Trump during an event in the Rose Garden of the White House in Washington, DC, US, on Monday, Aug. 24, 2026. Will Oliver | Bloomberg | Getty Images President Donald Trump submitted a proposed agreement with Saudi Arabia on civil nuclear energy to Congress on Monday, starting a mandatory review period for…
The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC BEIJING — U.S.-based personal computing and printing firm HP has signed a multi-year global agreement for licensing certain WiFi patents from Chinese telecoms giant Huawei, the companies announced Wednesday. It’s a sign of adoption of Huawei’s technology outside China, despite…
CNBC’s Jim Cramer said Tuesday that Dick’s Sporting Goods‘ historic 30% plunge may represent a buying opportunity for investors willing to wait out the retailer’s near-term challenges. “If you don’t own Dick’s, you dodged a bullet today, but based on the last time the stock fell apart, you might want to be a buyer over…
