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Intel CEO Lip-Bu Tan has a long track record in the chip industry. Now he needs a big customer

by CNBC Markets | May 29, 2025 6:04 pm | US Markets

A little over two months into his new gig running Intel, CEO Lip-Bu Tan is laying out his plans to turn Intel into a legitimate chip manufacturer.

United Airlines plans to return to JFK — again — in new partnership with JetBlue

by CNBC Markets | May 29, 2025 5:06 pm | US Markets

United and JetBlue announced a new partnership that will allow customers to earn and burn frequent flyer points on each other’s airline.

Dow futures jump 500 points as court blocks Trump tariffs, Nvidia posts earnings beat: Live updates

by CNBC Markets | May 29, 2025 3:10 pm | US Markets

The major averages are coming off a lackluster session in which all three benchmarks posted losses.

Nvidia jumps 5% in premarket trading as results spark global chip rally

by CNBC Markets | May 29, 2025 3:10 pm | US Markets

Nvidia has been seen by investors as a bellwether for the broader semiconductor industry and artificial intelligence-related stocks.

Four tools at the Trump administration’s disposal after a U.S. court blocks tariffs

by CNBC Markets | May 29, 2025 2:05 pm | US Markets

U.S. President Donald Trump is expected to find a workaround after suffering a major blow to a core part of his economic agenda.

Federal trade court strikes down Trump’s reciprocal tariffs

by CNBC Markets | May 29, 2025 7:08 am | US Markets

Three judges found that a 1977 law invoked by the White House did not actually give President Donald Trump the power to issue the sweeping import duties he did.

Elon Musk thanks Trump, says he’s leaving government work with DOGE

by CNBC Markets | May 29, 2025 7:08 am | US Markets

In a post on X, Elon Musk thanked President Trump and said that his “scheduled time” for government work is coming to an end.

Court strikes down Trump reciprocal tariffs

by CNBC Markets | May 29, 2025 6:05 am | US Markets

The judges wrote that a 1977 law does not actually give the president the power to issue the sweeping duties initiated last month.

Nvidia CEO Jensen Huang hammers chip controls that ‘effectively closed’ China market

by CNBC Markets | May 29, 2025 5:04 am | US Markets

On his company’s earnings call, Jensen Huang said that China would “move on” with or without Nvidia’s chips.

Tesla investors demand Musk work 40-hour week at EV maker as ‘crisis’ builds

by CNBC Markets | May 29, 2025 4:04 am | US Markets

A group of pension funds that are investors in Tesla want the company’s board to require more from CEO Elon Musk.

Palantir is a buy that has further to run, and other takes on AI plays

by CNBC Markets | May 29, 2025 3:04 am | US Markets

Mainstay Capital Management’s David Kudla joined CNBC’s ‘Power Lunch’ to discuss his views on three stocks.

Mark Zuckerberg says Meta AI has 1 billion monthly active users

by CNBC Markets | May 29, 2025 3:04 am | US Markets

Meta’s AI assistant now has one billion monthly active users across the company’s family of apps, CEO Mark Zuckerberg said Wednesday.

Nvidia beats on earnings and revenue as data center sales jump 73%

by CNBC Markets | May 29, 2025 2:05 am | US Markets

There’s one big thought on many investors’ minds during this earnings call: China.

HP sinks 15% as company misses on earnings, guidance due to ‘added cost’ from tariffs

by CNBC Markets | May 29, 2025 2:04 am | US Markets

HP beat on revenue but came up short on earnings and guidance, partly due to President Trump’s tariffs.

E.l.f. Beauty to acquire Hailey Bieber skincare brand Rhode in up to $1 billion deal

by CNBC Markets | May 29, 2025 2:04 am | US Markets

E.l.f. Beauty is acquiring Hailey Bieber’s skincare brand Rhode for up to $1 billion as it looks to reach higher-income shoppers.

Salesforce shares advance on strong results and optimistic forecast

by CNBC Markets | May 29, 2025 2:04 am | US Markets

Salesforce delivered a beat-and-raise quarter even as customers faced uncertainty stemming from the imposition of tariffs on imported goods.

Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show

by CNBC Markets | May 29, 2025 12:04 am | US Markets

Officials were concerned that tariffs could aggravate inflation and create a difficult quandary with interest rate policy.

Trump says he’s not ‘chickening out’ on trade: ‘It’s called negotiation’

by CNBC Markets | May 28, 2025 11:03 pm | US Markets

TACO, the term that stands for “Trump Always Chickens Out,” describes the market reaction to Trump repeatedly announcing heavy tariffs and later pausing them.

The U.S. now has a third of the world’s millionaires and billionaires

by CNBC Markets | May 28, 2025 11:03 pm | US Markets

The U.S. now accounts for more than a third of the world’s millionaires and billionaires, as tech companies and startups mint ever larger fortunes.

Justice Department investigates California over trans athletes after Trump threatens funding

by CNBC Markets | May 28, 2025 11:02 pm | US Markets

President Trump said in a social media post that it is “not fair” that a transgender athlete was allowed to compete against women in California.
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