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Steel industry in UK warns of ‘biggest crisis’ ever as EU hikes tariffs

Sagar9 months ago05 mins

Steel worker at the blast furnace tap of the at the Salzgitter AG steelworks on March 02, 2020 in Salzgitter, Germany.  Maja Hitij | Getty Images News | Getty Images The European Union’s decision to hike steel tariffs and sharply cut import quotas has provoked widespread concern in the U.K., as well as rumblings of…

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‘We’re lovers, not fighters’ — Nvidia CEO Huang dishes on 4 key partners

Sagar9 months ago03 mins

Nvidia CEO Jensen Huang joined CNBC’s Jim Cramer for a special Investing Club interview on Tuesday at the New York Stock Exchange. With dozens of Club members in attendance for our October Monthly Meeting, Jensen answered questions about Nvidia’s most important partnerships, including Oracle , Intel , CoreWeave , and OpenAI. Here is a rapid-fire…

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Jensen Huang explains why Nvidia’s latest partnership with OpenAI is different

Sagar9 months ago02 mins

In an interview with CNBC’s Jim Cramer, Nvidia CEO Jensen Huang discussed his company’s new deal with OpenAI, saying it’s the first “direct partnership” with the ChatGPT maker. “This is a partnership that, for the first time, OpenAI is going to buy directly from us,” Huang said. “Usually…a cloud service provider buys from us, and…

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U.S. must win AI race with China so the future is built on American tech

Sagar9 months ago04 mins

Nvidia CEO Jensen Huang says he’s optimistic that the United States and China can work through trade and technology disputes. It’s important to keep America at the forefront of the generative AI boom. “AI is going to be foundational and transformative to every single country. President Trump wants America to win the AI race,” Jensen…

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Ray Dalio says today is like the early 1970s and investors should hold more gold than usual

Sagar9 months ago02 mins

Bridgewater Associates’ Ray Dalio on stage at CNBC’s CONVERGE LIVE in March. Courtesy of CNBC Bridgewater Associates founder Ray Dalio said investors should allocate as much as 15% of their portfolios to gold even as the precious metal surged to an all-time high above $4,000 an ounce. “Gold is a very excellent diversifier in the…

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The price of gold reached $4,000 an ounce for the first time ever

Sagar9 months ago02 mins

Fake gold bars piled up in Clermont-Ferrand France on March 25 2025. Romain Costaseca | Afp | Getty Images Gold prices hit $4,000 for the first time Tuesday as investors seek a safe haven from geopolitical volatility, economic uncertainty and stubborn inflation. Gold futures were last trading at $4,005.80 per ounce. Prices have gained more…

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Jim Cramer says OpenAI might be developing an edge after new AMD deal

Sagar9 months ago03 mins

CNBC’s Jim Cramer opined on the accelerating artificial intelligence arms race, saying OpenAI’s latest deal with chipmaker AMD makes the ChatGPT owner more competitive. “The hyperscalers are all vulnerable if OpenAI gets this computing power,” he said. “And given the number of chips it’s buying, I think this company can go after everybody’s business.” The…

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NYSE-owner Intercontinental Exchange $2 billion Polymarket stake

Sagar9 months ago01 mins

Traders work on the floor of the New York Stock Exchange. NYSE Shares of New York Stock Exchange parent, Intercontinental Exchange, rose more than 4% in the premarket after The Wall Street Journal, citing sources, reported that the company was nearing a deal for a $2 billion stake in Polymarket. The deal is expected to…

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World Bank raises China growth forecast to 4.8% despite U.S. trade tensions

Sagar9 months ago04 mins

Tourists visit the Huangguoshu Waterfall of “Monkey King” fame in China’s Guizhou province on Oct. 5, 2025, during a week-long public holiday. Vcg | Visual China Group | Getty Images BEIJING — The World Bank on Tuesday raised its 2025 growth forecast for China as part of an overall boost in projections for East Asia…

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Novogratz’s Galaxy Digital launches retail app to rival Robinhood

Sagar9 months ago03 mins

Sopa Images | Lightrocket | Getty Images Galaxy Digital shares jumped 7% Monday after the digital assets investment firm led by CEO Mike Novogratz unveiled a Robinhood-like trading platform, called GalaxyOne. The platform, which launched Monday, hosts commission-free buying and selling of more than 2,000 stocks and exchange-traded funds, in addition to trading of cryptocurrencies…

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  • NBA targets Asian resurgence with technology and talent push
  • A Premier League star who does it all: Why City sp…
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  • Binance to stop providing services to European clients after failing to obtain license: FT
  • Sources: Williams back to Suns for 3 years, $38M

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