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Nvidia shares pop 3% in premarket as tech giant nears historic $5 trillion valuation

by CNBC Markets | October 29, 2025 3:19 pm | US Markets

Nvidia is on track to become the first company to cross the $5 trillion market value threshold.

Trump says he expects to lower fentanyl-related tariffs on Beijing, discuss ‘farmers’ with China’s Xi

by CNBC Markets | October 29, 2025 8:18 am | US Markets

Trump said he expects to lower fentanyl-linked tariffs on China ahead of a much-anticipated meeting with Chinese Xi Jinping in South Korea.

The Fed has a rate cut plus a bunch of other things on its plate this week. Here’s what to expect

by CNBC Markets | October 29, 2025 1:05 am | US Markets

The easy part for the Federal Reserve this week will be announcing a rate cut when it wraps up its meeting Wednesday.

Eli Lilly, Nvidia partner to build supercomputer, AI factory for drug discovery and development

by CNBC Markets | October 29, 2025 1:05 am | US Markets

It’s the latest stride by Nvidia and the pharmaceutical industry to harness AI to try to reduce costs and shorten the time it takes to bring cures to patients.

Lucid targets industry-first self-driving car technology with Nvidia

by CNBC Markets | October 29, 2025 1:05 am | US Markets

Lucid plans to be the first automaker to offer highly advanced self-driving capabilities in its vehicles in the coming years, the automaker said Tuesday.

Jensen Huang says Nvidia’s AI chips are now being manufactured in Arizona

by CNBC Markets | October 29, 2025 12:11 am | US Markets

Previously, Nvidia’s fastest GPUs were solely manufactured in Taiwan.

Nvidia takes $1 billion stake in Nokia, sending the 5G equipment maker’s shares up 20%

by CNBC Markets | October 28, 2025 10:14 pm | US Markets

Nokia is best known for its early cell phones, but in recent years has primarily been a supplier of 5G cellular equipment to telecom providers.

Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens

by CNBC Markets | October 28, 2025 10:14 pm | US Markets

Dalio talked with CNBC’s Sara Eisen in an exclusive interview from the Future Investment Institute in Riyadh, Saudi Arabia.

States sue Trump administration to keep SNAP benefits during government shutdown

by CNBC Markets | October 28, 2025 10:13 pm | US Markets

The SNAP program provides food stamps to more than 40 million Americans. The program is on the verge of running out of fund because of the government shutdown.

‘The problems are mounting daily.’ Air traffic controllers miss first paychecks in government shutdown

by CNBC Markets | October 28, 2025 10:11 pm | US Markets

Air traffic controllers are under increased stress because of the government shutdown, government and union officials said.

Home prices lag inflation, meaning homeowners are losing out on their investment

by CNBC Markets | October 28, 2025 9:10 pm | US Markets

While home prices aren’t yet falling, they’re weaking — and rising at a slower pace than the current 3% rate of inflation.

Apple, Microsoft cross $4 trillion market cap

by CNBC Markets | October 28, 2025 8:13 pm | US Markets

Apple reports fiscal fourth-quarter earnings on Thursday. Microsoft reports earnings on Wednesday.

UPS deepens job cutting as part of turnaround plan, shares surge

by CNBC Markets | October 28, 2025 7:11 pm | US Markets

Shares of UPS soared Tuesday morning after the courier beat Wall Street estimates in its third-quarter earnings report.

OpenAI completes restructure, solidifying Microsoft as a major shareholder

by CNBC Markets | October 28, 2025 7:10 pm | US Markets

The nonprofit holds an equity stake currently worth about $130 billion in its for-profit arm.

‘We’re trying to shame them’: Upstart activist investors target America’s underperforming banks

by CNBC Markets | October 28, 2025 7:10 pm | US Markets

HoldCo has emerged from relative obscurity to launch activist investor campaigns against three regional banks: Comerica, Eastern Bank and First Interstate.

The Fed is likely to keep cutting interest rates, but multiple dangers lurk, CNBC survey finds

by CNBC Markets | October 28, 2025 6:16 pm | US Markets

The Fed is expected to cut by a quarter point at its meeting this week and could cut at the next two meetings as well.

Private sector created nearly 15,000 jobs a week over the past month, preliminary ADP data shows

by CNBC Markets | October 28, 2025 6:16 pm | US Markets

Private sector employers added an average 14,250 jobs per week over the past four weeks, according to new preliminary data from ADP.

Google investors have big expectations after stock’s sharpest quarterly rally in 20 years

by CNBC Markets | October 28, 2025 6:15 pm | US Markets

Following a 38% jump in Alphabet shares in the third quarter, Wall Street will be paying close attention to the company’s comments on its AI strategy.

Meta’s AI app has seen growth soar since launch of Vibes, but trails OpenAI’s Sora

by CNBC Markets | October 28, 2025 5:06 pm | US Markets

The Meta AI app has seen a major jolt in downloads since the company launched Vibes and began paying creators to make AI-generated videos.

Amazon laying off about 14,000 corporate workers as it invests more in AI

by CNBC Markets | October 28, 2025 4:14 pm | US Markets

The company said it’s cutting roles in order to help make the company leaner and less bureaucratic, while it looks to invest in generative AI.
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