News

HP partners with U.S.-blacklisted Huawei for licensing the Chinese company's WiFi tech

It's a sign of adoption of Huawei technology outside China, despite the U.S. restricting the company from working with American suppliers such as Google.

China needs U.S. dollars but is building a hedge against Washington’s sanctions

The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternatives such as CIPS.

Prediction market traders doubtful Bessent’s bond interventions will push yields lower

Speculators still see yields hitting new highs in 2026 and ending the year at levels elevated from where they're currently trading.

Goldman Sachs partner warns of 'huge danger' in letting AI replace bankers' reasoning skills

Goldman Sachs is embracing AI, but one of its senior tech leaders warns that it comes with an unintended risk: weakening the reasoning skills of future bankers.

Crypto extends gains after biggest 3-day rally since 2023

Bitcoin and crypto stocks extended their rally after the flagship cryptocurrency broke out of its trading range.

Alibaba plunges after announcing $10.2 billion share placement to fund AI push

Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.

Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill

Citigroup and Wells Fargo have room to buy a big regional bank as regulators have opened the door to megadeals. Five regional banks make sense as targets.

Kalshi traders think the bitcoin rally could end the year near current levels

Speculators on the prediction market platform think it's most likely that the cryptocurrency will end 2026 close to where it's now trading.

Trump admin taps former JPMorgan Chase exec Matt Zames to advise Social Security agency

Matt Zames is taking an unpaid position to help his former JPMorgan colleague Frank Bisignano tackle modernization of the SSA, CNBC has learned.

Samsung plans up to $80 billion in shareholder returns after SK Hynix buyback

Samsung Electronics plans shareholder returns totaling 90 trillion won to 110 trillion won, including about 30 trillion won in third-quarter cash dividends.

Labubu maker Pop Mart shares fall as key ex-China sales data drop, Citi cuts price target

Pop Mart shares fall after announcing first-half earnings.

Chinese humanoid robots' biggest obstacle: humans are still (mostly) better

Humanoid robots still struggle to perform as efficiently as humans in most labor scenarios.
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