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Nvidia’s Huang says TSMC among all-time greats: Buying its stock is ‘very smart’

by CNBC Markets | August 22, 2025 10:18 am | US Markets

Nvidia’s Jensen Huang made a visit to Taiwan on Friday, where he showered praise on TSMC, calling it one of the greatest companies in history.

Elon Musk asked Meta CEO Mark Zuckerberg to join xAI bid to buy OpenAI, filing shows

by CNBC Markets | August 22, 2025 9:21 am | US Markets

In early 2025, xAI CEO Elon Musk asked Meta’s Mark Zuckerberg to help him finance a $97.4 billion takeover of OpenAI, new court filings revealed.

Nvidia looking to halt H20 chip production after China cracks down on purchases, reports say

by CNBC Markets | August 22, 2025 9:21 am | US Markets

Nvidia has reportedly told some of its component suppliers to suspend production work for its made-for-China H20 general processing units.

OpenAI says HR chief Julia Villagra is leaving company

by CNBC Markets | August 22, 2025 8:11 am | US Markets

OpenAI confirmed on Thursday that Julia Villagra, the company’s chief people officer, is leaving at the end of the week.

Google scores six-year Meta cloud deal worth over $10 billion

by CNBC Markets | August 22, 2025 6:05 am | US Markets

Alphabet and Meta compete in online advertising, but Meta needs more data center infrastructure as it pursues artificial intelligence growth.

Workday beats estimates but CEO warns of challenges in education and government

by CNBC Markets | August 22, 2025 4:00 am | US Markets

Workday exceeded estimates for earnings and revenue and issued guidance that was largely inline with what Wall Street expected.

Judge says Alina Habba, Trump’s top federal prosecutor in New Jersey, not lawfully appointed

by CNBC Markets | August 22, 2025 2:05 am | US Markets

Alina Habba, who has served as the acting U.S. Attorney for New Jersey, is a former lawyer for President Donald Trump.

Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects

by CNBC Markets | August 22, 2025 2:04 am | US Markets

Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave.

Tesla faces U.S. auto safety probe over faulty crash reporting

by CNBC Markets | August 22, 2025 1:05 am | US Markets

Tesla sells electric vehicles equipped with a standard Autopilot system, or premium Full Self-Driving Supervised option, which is also known as FSD, in the U.S.

The S&P 500 may not be a leading economic indicator anymore. But the ‘S&P 495’ is

by CNBC Markets | August 22, 2025 12:06 am | US Markets

“The internals of the market are more reflective of the view on the economy,” one investor said.

House Democrats probe Paramount-Skydance merger over Trump dealings

by CNBC Markets | August 21, 2025 10:10 pm | US Markets

Reps. Jamie Raskin and Frank Pallone highlighted Paramount settling Trump’s lawsuit against CBS over the editing of a “60 Minutes” interview with Kamala Harris.

Trump half-billion-dollar civil fraud penalty thrown out by appeals court

by CNBC Markets | August 21, 2025 9:10 pm | US Markets

The fraud lawsuit against President Donald Trump and others, which led to the penalty, was filed by New York State Attorney General Letitia James.

July home sales rise as prices approach inflection point

by CNBC Markets | August 21, 2025 8:10 pm | US Markets

Inventory of existing homes is now at the highest level since May 2020 — and it’s clearly taking the pressure off prices.

Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy

by CNBC Markets | August 21, 2025 7:11 pm | US Markets

Spirit Airlines raised doubts last week that it could survive a year without more cash.

Fix-and-flip real estate investors are pulling back

by CNBC Markets | August 21, 2025 7:11 pm | US Markets

Just 30% of flippers reported “good” sales in the second quarter of this year compared to the seasonal norm, down from 38% in the same quarter of 2024.

Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut

by CNBC Markets | August 21, 2025 6:08 pm | US Markets

The policymaker pushed back on market pricing that points strongly to the FOMC lowering its key borrowing rate next month.

U.S. and EU spell out tariffs for autos, pharmaceuticals, and more

by CNBC Markets | August 21, 2025 5:06 pm | US Markets

The U.S. and European Union had first struck a trade agreement in July, but many details were left unresolved at the time.

Walmart hikes sales and earnings outlook even as it says tariff costs are rising

by CNBC Markets | August 21, 2025 5:05 pm | US Markets

Walmart said it has raised prices for some items but kept others unchanged as tariff costs rise.

Stock futures are flat after a 4-day losing streak for S&P 500: Live updates

by CNBC Markets | August 21, 2025 3:14 pm | US Markets

Big Tech names and chipmakers led losses again Wednesday as investors continued to rotate out of high-flying stocks

Walmart will report earnings before the bell. Here’s what to expect

by CNBC Markets | August 21, 2025 10:16 am | US Markets

The big-box retailer warned in May that it would have to raise prices because of higher tariffs.
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