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  • Trump to press Boeing, Lockheed, Honeywell on weapons production

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Tesla Inc

  • Business

Tesla shares gain after Elon Musk discloses purchase

Sagar9 months ago01 mins

Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla shares jumped after CEO Elon Musk disclosed his first purchase of the stock in the open market since February 2020. Musk purchased 2.57 million shares…

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  • Business

UnitedHealth soars but Berkshire’s new stake may still be in the red

Sagar9 months ago05 mins

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC (This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett. You can sign up here to receive it every Friday in your inbox.) UnitedHealth Group shares have soared almost 30% since Berkshire Hathaway’s…

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  • Business

Chinese EV firms take fight to European automakers on their home turf

Sagar9 months ago05 mins

Xpeng CEO He Xiaopeng speaks to reporters at the electric carmaker’s stand at the IAA auto show in Munich, Germany on September 8, 2025. Arjun Kharpal | CNBC Germany this week played host to one of the world’s biggest auto shows — but in the heartland of Europe’s auto industry, it was buzzy Chinese electric…

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  • Business

Oracle stock booms 40%, on pace for best day since 1992

Sagar10 months ago03 mins

Oracle stock roared 40% higher on Wednesday after reporting gobsmacking cloud demand numbers, setting the company on track for a historic gain. The cloud giant is on pace for its best day since 1992, and is now quickly approaching the $1 trillion market cap benchmark. Oracle is now at $950 billion. The company said Tuesday…

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  • Business

Record share of U.S. businesses divert China investments: AmCham Shanghai

Sagar10 months ago04 mins

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — Nearly half of U.S. businesses have redirected planned China investments to other regions over the past year — highest on record — the American Chamber…

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  • Business

Xpeng plans global launch of mass-market Mona series in 2026

Sagar10 months ago04 mins

Xpeng CEO He Xiaopeng speaks to reporters at the electric carmaker’s stand at the IAA auto show in Munich, Germany on September 8, 2025. Arjun Kharpal | CNBC Xpeng plans to launch its mass-market Mona series in overseas markets next year in a move that will boost competition with its Chinese rivals and established automakers…

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Tech’s megacaps are now worth $21 trillion as market caps swell

Sagar10 months ago05 mins

Alphabet and Google CEO Sundar Pichai meets with Polish Prime Minister Donald Tusk at Google for Startups in Warsaw, Poland, on February 13, 2025. Klaudia Radecka | Nurphoto | Getty Images From the courtroom to the boardroom, it was a big week for tech investors. The resolution of Google’s antitrust case led to sharp rallies…

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  • Business

BMW doubles down on software to take on Tesla, Chinese EV rivals

Sagar10 months ago03 mins

Oliver Zipse, Chairman of the Board of Management of BMW, presents the BMW iX3 on stage at the world premiere before the start of the International Motor Show (IAA Mobility) as the first model in BMW’s “New Class”. Picture Alliance | Picture Alliance | Getty Images German auto giant BMW is doubling down on its…

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  • Business

Tesla floats new pay plan for Musk that would expand his voting power

Sagar10 months ago02 mins

Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla is asking investors to approve yet another outsized pay plan for CEO Elon Musk, according to a financial filing out Friday. The proposed compensation plan for Musk, already the world’s wealthiest individual, consists…

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  • Business

Trump to host tech CEOs over dinner for inaugural event in Rose Garden

Sagar10 months ago02 mins

U.S. President Donald Trump and first lady Melania Trump walk to the Rose Garden of the White House to hold a signing ceremony for the Take it Down Act, in Washington, D.C., U.S., May 19, 2025. Kevin Lamarque | Reuters U.S. President Trump will host two dozen high-profile tech and business leaders for an inaugural…

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  • Trump to press Boeing, Lockheed, Honeywell on weapons production
  • Follow live: Vinícius Júnior gives Brazil early le…
  • DOJ warns California over 'Glock Ban'
  • AI researchers continue to leave Google for its rivals
  • The memory chip crunch is paying off for this U.S. company

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