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Bessent tells the FT that struggling China wants ‘to pull everybody else down with them’

by CNBC Markets | October 14, 2025 8:05 pm | US Markets

Bessent accused China of trying to weaken the global economy by slapping export controls on resources vital for technology.

Dow drops 500 points as more China trade actions spark return of sell-off to Wall Street: Live updates

by CNBC Markets | October 14, 2025 7:19 pm | US Markets

Stocks fell Tuesday, resuming the selling seen late last week, as trade worries were reignited overnight by China.

Stellantis overhauls Jeep Grand Wagoneer lineup under brand turnaround plan

by CNBC Markets | October 14, 2025 7:18 pm | US Markets

Jeep is overhauling its top-end Grand Wagoneer lineup for the 2026 model-year under a yearslong turnaround plan.

Oracle Cloud to deploy 50,000 AMD AI chips, signaling new Nvidia competition

by CNBC Markets | October 14, 2025 6:19 pm | US Markets

Oracle Cloud Infrastructure on Tuesday announced that it will deploy 50,000 Advanced Micro Devices graphics processors starting in the second half of 2026.

Salesforce’s Agentforce software is coming to OpenAI’s ChatGPT later this year

by CNBC Markets | October 14, 2025 6:16 pm | US Markets

Companies that work with OpenAI and Salesforce will soon be able to sell products through ChatGPT’s instant checkout feature.

JPMorgan Chase tops estimates as trading revenue hits a record of nearly $9 billion

by CNBC Markets | October 14, 2025 5:14 pm | US Markets

JPMorgan will give investors a view into how U.S. consumers and corporations fared in the third quarter.

Instagram rolls out PG-13 content guidelines for teenage users

by CNBC Markets | October 14, 2025 5:14 pm | US Markets

Meta will now limit the content that teenage users can see on Instagram to what they would typically encounter in a movie rated PG-13, the social media company said Tuesday.

GM to take $1.6 billion charge related to EV pullback

by CNBC Markets | October 14, 2025 5:14 pm | US Markets

GM’s EV charges comes more than a year after crosstown rival Ford Motor announced a $1.9 billion impact from changing its EV plans. 

Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea

by CNBC Markets | October 14, 2025 4:09 pm | US Markets

Spotify and Comcast have recently installed co-CEO structures, but Disney’s corporate culture and history of botched successions may make that less likely.

Rare earth stocks rally in premarket, extending gains amid renewed U.S.-China trade spat

by CNBC Markets | October 14, 2025 3:25 pm | US Markets

Shares of U.S. rare earth miners rallied in premarket trade on Tuesday, extending sharp gains from the previous session.

China targets five U.S. subsidiaries of South Korea’s Hanwha Ocean, sending shares down 8%

by CNBC Markets | October 14, 2025 11:21 am | US Markets

The order, which took effect immediately, will prohibit Chinese organizations and individuals from doing business with the sanctioned companies.

Tata Electronics acquires Chinese iPhone supplier Justech’s India unit for about $100 million, sources say

by CNBC Markets | October 14, 2025 8:15 am | US Markets

Tata Electronics seeks to expand iPhone manufacturing capacity as Apple aims to make all of the iPhones intended for the U.S. market in India by end-2026.

Amazon fires employee who was suspended for protesting company’s work with Israel

by CNBC Markets | October 14, 2025 7:11 am | US Markets

Ahmed Shahrour, a Palestinian engineer who worked for Amazon’s Whole Foods business, was fired on Monday after being suspended last month.

Stock futures are little changed after big rebound on Wall Street, S&P 500 posts best day since May: Live updates

by CNBC Markets | October 14, 2025 5:04 am | US Markets

The S&P 500 and Dow each jumped more than 1% on the day, marking the former’s biggest one-day gain since May 27.

Musk calls for federal troops in San Francisco even as Benioff softens stance

by CNBC Markets | October 14, 2025 4:04 am | US Markets

With Dreamforce about to kick off in San Francisco, Salesforce CEO Marc Benioff inserted himself into a national debate about crime in U.S. cities.

Dow rebounds nearly 600 points, S&P 500 claws back more than half of Friday’s rout as Trump softens China stance

by CNBC Markets | October 14, 2025 2:06 am | US Markets

Stocks surged on Monday, rebounding from Friday’s sell-off after President Donald Trump said trade relations with China “will all be fine.”

Goldman Sachs agrees to acquire $7 billion VC firm Industry Ventures

by CNBC Markets | October 14, 2025 2:06 am | US Markets

NASA unit JPL to lay off about 550 workers, citing restructure

by CNBC Markets | October 14, 2025 1:05 am | US Markets

The Jet Propulsion Laboratory is a research and development lab funded by NASA — the federal space agency — and managed by the Caltech.

K-shaped cars: New vehicle prices top $50,000 while auto loan delinquencies keep rising

by CNBC Markets | October 14, 2025 1:04 am | US Markets

Look no further than the automotive industry for the latest indication of a potential “K-Shaped” economy for U.S. consumers.

Oracle CEO Magouyrk: ‘Of course’ OpenAI can pay $60 billion per year for cloud infrastructure

by CNBC Markets | October 14, 2025 12:08 am | US Markets

In July, OpenAI signed a five-year cloud deal with Oracle, which is confident that the startup will be able to pay its bills.
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