News

Nvidia CEO Jensen Huang says tariff impact won't be meaningful in the near term

"Partners are working with us to bring manufacturing here. In the near-term, the impact of tariffs won't be meaningful," the CEO said.

Why uncertainty makes the stock market go haywire

Investors have been jittery amid tariffs and other policy. It comes down to fear for corporate profitability and general human behavior, experts said.

Santander says 750 jobs at risk as it pursues UK branch closures

The British unit of Spanish lender Santander on Wednesday said 750 of its staff were at risk of redundancy as it targets 95 branch closures in the U.K.

China is tackling weak consumption with child care subsidies

Among the top five priorities China has laid out for boosting consumption is child care subsidies.

Wall Street analysts defend Capital One stock after Monday's selloff. Here's where we stand

KBW maintained its buy-equivalent rating on Capital One, calling Monday's market reaction to the report "overblown."

Retail investors ditch buy-the-dip mentality during the market correction

Retail outflows from U.S. equities rose to about $4 billion over the past two weeks, according to data from Barclays.

Texas has 'stronger brand than New York' as Wall Street looks south, Gov. Greg Abbott says

The Texas governor spoke to CNBC after Nasdaq announced it was opening a regional headquarters in Dallas.

Tesla's China rival Zeekr to roll out advanced driver assistance-system for free

Chinese electric car company Zeekr is releasing advanced driver-assistance capabilities to its local customers for free as competition heats up.

Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey

The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.

Wholesale egg prices have 'plunged,' analyst says — shoppers may soon see some relief

Prices in the wholesale egg market have fallen more than 40% since late February. It may take a few weeks for retail prices to catch up.

Buffett's Berkshire hikes stakes in five Japanese trading houses to almost 10% each

Berkshire Hathaway raised its holdings in five Japanese trading houses —  Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo.

Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm

The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world's biggest BNPL players, just as Klarna is set to go public.
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