News

Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals

Trump Media on Tuesday reported a loss for the third quarter along with a slight drop in already-meager revenue.

Trump Media stock jumps on election day as traders bet Truth Social will benefit from his potential win

Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.

Chinese driver-assist startup announces $100 million in funding, touts 'deep cooperation' with Nvidia

Deeproute said it is the first company in China to obtain Nvidia's newer Thor chip for cars and will release a new system using it next year

China's Hisense aims to become the No. 1 TV company in the U.S. within 2 years, top executive says

Catherine Fang, president of Hisense International, spoke with CNBC in an exclusive interview Monday.

China reviews plan to increase local government debt

A closely watched meeting of China's parliament on Monday reviewed a proposal to raise the local government debt limit, according to state media.

What the stock market typically does after the U.S. election, according to history

Stocks typically rise after a presidential election — but investors need to be prepared for some short-term choppiness first, history shows.

China's Singles Day shopping festival is more than halfway over. Here's how consumers are spending

Early indicators on China's biggest shopping event of the year reveal a pickup in select categories, and even predictions for modest sales growth overall.

Affirm expands buy now, pay later service to the UK, heating up local competition

Affirm, the U.S. buy now, pay later firm, on Monday launched its services in the U.K. — its first expansion overseas.

China gears up for a big week as markets await U.S. elections and stimulus details

The size of China's highly anticipated stimulus plans will likely depend on the outcome of the U.S. presidential election, analysts say.

Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

The Omaha-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.

Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period

The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.

Higher taxes will make it harder for Britain to build 'the next Nvidia,' tech execs say

Startup founders and investors slammed capital gains tax hikes in the U.K., saying it would make it harder for the country to succeed as a global tech hub.
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