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Amazon closes Shanghai AI research lab in latest cost-cutting move

by CNBC Markets | July 23, 2025 9:05 pm | US Markets

Amazon’s closure of an artificial intelligence research lab in China is tied to recently announced layoffs in the company’s cloud computing unit.

Japan trade deal info on Trump’s desk was altered by hand with a marker

by CNBC Markets | July 23, 2025 9:05 pm | US Markets

Details of the Japan deal seen in a photo posted by Dan Scavino, the White House deputy chief of staff, show discrepancies and last-minute edits.

June home sales drop as prices hit a record high

by CNBC Markets | July 23, 2025 8:10 pm | US Markets

Existing home sales in June dropped more than expected, as prices hit another record high and mortgage rates remain high. Supply, however, is growing.

CrowdStrike-backed compliance startup Vanta valued at $4 billion in new funding round

by CNBC Markets | July 23, 2025 6:09 pm | US Markets

Vanta’s latest funding round lifts the company valuation to roughly $4 billion, up from $2.45 billion last year.

Dow futures pop more than 200 points after Trump announces Japan trade deal: Live updates

by CNBC Markets | July 23, 2025 5:08 pm | US Markets

The broad market index posted a slim gain on Tuesday, notching its 11th record close in 2025.

Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens

by CNBC Markets | July 23, 2025 5:08 pm | US Markets

Clients of BNY will be able to invest in money market funds whose ownership will be recorded on Goldman’s blockchain platform.

McDonald’s revamped Snack Wraps are winning over customers

by CNBC Markets | July 23, 2025 5:06 pm | US Markets

Early data shows that McDonald’s snack wraps are driving traffic and sales growth for the burger chain.

Mortgage demand flatlines at low levels, as mortgage rates hit 4-week high

by CNBC Markets | July 23, 2025 5:06 pm | US Markets

Mortgage demand barely moved last week as interest rates slightly increased. Demand is still better, however, than it was a year ago.

Institutional landlords see new competition from an unexpected source

by CNBC Markets | July 23, 2025 5:06 pm | US Markets

Some frustrated sellers are deciding to delist their properties and instead offer them on the rental market.

Trump announces ‘massive’ trade deal with Japan, setting tariffs at 15%

by CNBC Markets | July 23, 2025 3:10 pm | US Markets

In his tariff letter sent out to Japan earlier this month, Trump had threatened 25% levies on the country’s exports to the U.S., starting Aug. 1.

S&P 500 futures inch higher after index posts fresh closing record, Trump announces Japan trade deal: Live updates

by CNBC Markets | July 23, 2025 2:10 pm | US Markets

The broad market index posted a slim gain on Tuesday, notching its 11th record close in 2025.

Chinese and EU leaders are about to meet — but the U.S. is complicating things

by CNBC Markets | July 23, 2025 2:10 pm | US Markets

Chinese and European Union leaders are meeting at a summit in Beijing on Thursday, with trade tensions running high.

Trump shifts gears to EU after striking Japan deal

by CNBC Markets | July 23, 2025 2:09 pm | US Markets

The U.S.-Japan trade deal sparked hopes that the European Union will also be able to strike an agreement.

Dutch semiconductor giant ASMI drops 9% after ‘lumpy’ order intake

by CNBC Markets | July 23, 2025 2:09 pm | US Markets

Join CNBC for live updates on European markets.

Germany’s auto giants rally as U.S.-Japan trade deal raises hopes of a tariff breakthrough

by CNBC Markets | July 23, 2025 1:15 pm | US Markets

Citi economist Katsuhiko Aiba said the U.S.-Japan trade deal could influence the course of talks with other major auto exporters, namely the EU and South Korea.

Trump announces ‘massive’ trade deal with Japan with 15% tariffs

by CNBC Markets | July 23, 2025 6:09 am | US Markets

In his tariff letter sent out to Japan earlier this month, Trump had threatened 25% tariff on its exports to the U.S. from Aug. 1.

White House releases U.S.-Indonesia trade deal framework, final talks underway

by CNBC Markets | July 23, 2025 4:03 am | US Markets

The newly announced 19% tariff on Indonesian goods is lower than the 32% rate it had faced under President Donald Trump’s previous “liberation day” plans.

Trump met with Amazon’s Jeff Bezos at the White House last week

by CNBC Markets | July 23, 2025 3:04 am | US Markets

A Gulfstream G700 private jet linked to Bezos landed in Dulles, Virginia, outside of Washington, D.C., on July 14 before taking off the next day.

Alphabet, Amazon are buys ahead of earnings results, portfolio manager says

by CNBC Markets | July 23, 2025 3:04 am | US Markets

Keith Gangl, portfolio manager at Gradient Investments, joined CNBC’s “Power Lunch” to offer his takes on the companies.

Texas Instruments’ stock falls on weak forecast

by CNBC Markets | July 23, 2025 3:04 am | US Markets

Texas Instruments forecast third-quarter revenue that missed analysts’ estimates.
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