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Intel beats on revenue, slashes foundry investments as CEO says ‘no more blank checks’

by CNBC Markets | July 25, 2025 3:04 am | US Markets

“There are no more blank checks. Every investment must make economic sense,” Tan wrote.

Intel beats on revenue, issues better-than-expected forecast

by CNBC Markets | July 25, 2025 2:05 am | US Markets

“There are no more blank checks. Every investment must make economic sense,” Tan wrote.

Tesla dumped 75% of its bitcoin at one of the worst times, losing out on billions

by CNBC Markets | July 25, 2025 2:04 am | US Markets

Tesla sold three-quarters of its bitcoin holdings at a time when the crypto market was tanking, meaning the EV maker has largely missed out on the rebound.

Watch: Trump delivers remarks at Fed after touring renovations

by CNBC Markets | July 25, 2025 2:04 am | US Markets

Trump has previously signaled he was considering whether to fire Powell, though it is unclear if he has the legal authority to do so.

Microsoft’s Satya Nadella says job cuts have been ‘weighing heavily’ on him

by CNBC Markets | July 25, 2025 1:09 am | US Markets

After eliminating over 15,000 positions this year, Microsoft CEO Satya Nadella now says the company’s mission needs to change due to the rise of AI.

Trump says he won’t ‘destroy’ Musk’s companies by taking away subsidies

by CNBC Markets | July 24, 2025 11:04 pm | US Markets

President Donald Trump denied claims that he wants to wreck Elon Musk’s companies and their work with the U.S. government.

Apple releases public preview of iOS 26, its biggest iPhone software redesign since 2013

by CNBC Markets | July 24, 2025 11:04 pm | US Markets

This version of iOS includes one of the biggest changes to the iPhone’s user interface design since 2013, when Apple’s iOS 7 introduced a new, flatter look.

Trump Commerce Sec. Lutnick says U.S. auto CEOs are ‘cool with’ higher tariffs than Japan

by CNBC Markets | July 24, 2025 11:04 pm | US Markets

The head of the American Automotive Policy Council, which represents General Motors, Ford and Stellantis, raised concerns about Trump’s Japan deal.

Hulk Hogan, pro wrestling icon and pop culture mainstay, dies at 71

by CNBC Markets | July 24, 2025 10:04 pm | US Markets

Terry Gene Bollea was the face of pro wrestling as the entertainment form took off in the 1980s.

Sydney Sweeney sparks latest meme stock rally as American Eagle jumps

by CNBC Markets | July 24, 2025 9:09 pm | US Markets

GoPro, Krispy Kreme, Opendoor Technologies and Kohl’s have all drawn attention from meme stock traders this week.

‘South Park’ mocks Paramount’s settlement with Trump after creators sign $1.5B deal

by CNBC Markets | July 24, 2025 9:09 pm | US Markets

In the season premiere of the profane animated series, Jesus Christ urges South Park’s townspeople to settle a legal dispute with Trump — or else they’ll “end up like Colbert.”

Commerce Sec. Lutnick says TikTok will go dark if China won’t agree to U.S. control of the social media app

by CNBC Markets | July 24, 2025 8:08 pm | US Markets

President Donald Trump extended the deadline for Chinese divestiture for a third time, giving ByteDance until Sept. 17.

McDonald’s to test CosMc’s-inspired drinks at more than 500 restaurants

by CNBC Markets | July 24, 2025 8:08 pm | US Markets

Fast-food chains have been leaning into fun, colorful drinks to win over younger consumers.

High-ranking DOGE official and Elon Musk ally, Antonio Gracias, has left government

by CNBC Markets | July 24, 2025 7:14 pm | US Markets

A top union leader called for scrutiny of Gracias’ dual roles managing almost $2 billion for large U.S. public pensions while he worked at the Department of Government Efficiency.

Jeffrey Epstein accomplice Ghislaine Maxwell expected to meet with DOJ on Thursday

by CNBC Markets | July 24, 2025 7:14 pm | US Markets

The Trump administration has tried to quell pressure to release files about Jeffrey Epstein, the dead sex offender who once was a friend to the president.

UnitedHealth says it is cooperating with DOJ investigation into Medicare billing practices

by CNBC Markets | July 24, 2025 7:13 pm | US Markets

In a securities filing, UnitedHealth said it has begun complying with formal criminal and civil requests from the DOJ.

Amazon venture fund backs startup developing fix for return fraud

by CNBC Markets | July 24, 2025 6:06 pm | US Markets

Cambridge Terahertz’s package screening technology could help reduce fraudulent returns, a problem that’s plagued Amazon.

American Airlines scales back 2025 profit outlook as third-quarter forecast falls short

by CNBC Markets | July 24, 2025 5:06 pm | US Markets

American Airlines’ third-quarter profit forecast fell short of Wall Street expectations.

Dollar gains on euro and yen following trade deal progress

by CNBC Markets | July 24, 2025 5:06 pm | US Markets

The dollar edged higher against the euro and yen on Thursday following progress in U.S. trade talks with key partners.

Tesla shares drop 6% in premarket trading after auto sales plunge again

by CNBC Markets | July 24, 2025 4:10 pm | US Markets

Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.
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