An employee counts genuine South Korean 50,000 won banknotes in this arranged photograph at the Counterfeit Notes Response Center of KEB Hana Bank in Seoul, South Korea, Aug. 14, 2017. The won advanced for the first day in four as top U.S. national security officials sought to damp down talk of am imminent war with North Korea following days…
Apple CEO Tim Cook and Jalen Brunson, basketball player for the New York Knicks, during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, Sept. 19, 2025. Bloomberg | Bloomberg | Getty Images For the past few years, consumers have been swarming to AI chatbots and…
SpaceX‘s record-breaking IPO boosted founder and CEO’s Elon Musk‘s personal stake in the company to more than $1 trillion. But he isn’t the only one seeing huge gains from SpaceX’s blockbuster listing. The IPO also minted thousands of new millionaires — and saw stakes of some shareholders surpass the billion-dollar mark. SpaceX’s debut week on…
A Waymo autonomous taxi outside the Google headquarters in Mountain View, California, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Waymo is recalling almost 3,900 robotaxis in the U.S. to fix software issues after some cars drove into freeway construction zones, according to notices filed with the National Highway Traffic Safety Administration. The…
NBA Deputy Commissioner Mark Tatum speaks during the second round of the 2019 NBA Draft at the Barclays Center on June 20, 2019, in the Brooklyn borough of New York City. Sarah Stier | Getty Images The NBA plans to begin naming winning bidders for 12 permanent European teams in the next 60 to 90…
SpaceX shares dropped 3.57% on Thursday, as the stock’s recent rally cooled following a record-breaking IPO last week. Elon Musk‘s space and artificial intelligence firm became one of the world’s most valuable companies after listing, and on Tuesday, its market cap surpassed Amazon and — briefly — Microsoft. With Thursday’s loss, SpaceX closed at a…
The iconic Golden Gate Bridge and the stunning San Francisco skyline as seen from the Marin Headlands during the vibrant spring season. Dan Kurtzman | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive…
Elon Musk‘s xAI is a “failure” that will be unable to compete on the frontier of artificial intelligence, Yann LeCun, founder of AMI Labs, told CNBC, as he laid out his view on what could cause a “big bubble explosion” in the industry. LeCun’s comments renew a long-running spat with Musk and cast doubt over…
Intel‘s stock rose 9% in premarket trading on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal with Apple to design and build chips in the U.S. “Stupid Presidents took our Economy for granted, and let Taiwan and others steal our Semiconductor Factories,” Trump said in a post on Truth…
Samuel Boivin | Nurphoto | Getty Images Google’s vice president of engineering and a co-lead of its Gemini AI models Noam Shazeer announced Wednesday that he was leaving the company to join OpenAI. “I’m excited to share that I’ll be joining OpenAI and look forward to working with the exceptional team there,” Shazeer said in…
