by CNBC Markets | April 10, 2025 12:01 pm | US Markets
In a sharp reversal, Trump shocked markets Wednesday when he reduced tariffs on imports from most U.S. trade partners to 10% for 90 days.
by CNBC Markets | April 10, 2025 7:04 am | US Markets
Amazon has been working on Kuiper for six years, planning to build a constellation of broadband internet satellites.
by CNBC Markets | April 10, 2025 7:04 am | US Markets
OpenAI said in a lawsuit that Elon Musk made a “sham” attempt to buy the company, and asked a federal district court to stop him from further attacks.
by CNBC Markets | April 10, 2025 3:04 am | US Markets
Modelo and Corona owner Constellation Brands beat quarterly earnings and revenue estimates, but its outlook took a hit from U.S. tariffs on most of its beer.
by CNBC Markets | April 10, 2025 3:04 am | US Markets
Apple shares soared 15% on Wednesday, their seventh-best day on record.
by CNBC Markets | April 10, 2025 2:03 am | US Markets
The Nasdaq had its second-best day on record on Wednesday, the kind of rally the market only sees during the worst of times.
by CNBC Markets | April 10, 2025 12:04 am | US Markets
Amazon has spent six years on Project Kuiper, its $10-billion-plus effort to take on Elon Musk’s Starlink.
by CNBC Markets | April 9, 2025 11:04 pm | US Markets
Anthropic on Wednesday introduced Claude’s Max plan, a new subscription tier for its viral chatbot and ChatGPT competitor.
by CNBC Markets | April 9, 2025 10:04 pm | US Markets
Trump on Tuesday said his administration will be announcing a “major” tariff on pharmaceuticals “very shortly.”
by CNBC Markets | April 9, 2025 10:04 pm | US Markets
China is one of largest owners of U.S. mortgages. There is growing concern that in retaliation for tariffs the country could sell them, causing rates to rise.
by CNBC Markets | April 9, 2025 8:04 pm | US Markets
The firm’s economists will ‘likely move’ to a recession as their base case scenario if the tariffs are implemented as Trump has promised.
by CNBC Markets | April 9, 2025 7:04 pm | US Markets
Canada’s 25% auto tariffs took effect Wednesday, but the new levies differ in many ways from those implemented last week by President Donald Trump.
by CNBC Markets | April 9, 2025 6:04 pm | US Markets
President Donald Trump’s tariffs are drawing swift retaliation from China, Canada and the European Union, deepening the global trade crisis.
by CNBC Markets | April 9, 2025 6:04 pm | US Markets
U.S. Treasury yields surged Wednesday as U.S. President Donald Trump’s tariffs regime continued to rattle markets.
by CNBC Markets | April 9, 2025 6:04 pm | US Markets
Walmart said it wants to maintain the ability to keep prices low, which could affect its profits.
by CNBC Markets | April 9, 2025 6:04 pm | US Markets
The firm lowered its rating on the legacy carmaker to underperform from market perform.
by CNBC Markets | April 9, 2025 6:04 pm | US Markets
While developers of AI models have generally refrained from opening up access beyond their data centers, Google’s announcement suggests that may be changing.
by CNBC Markets | April 9, 2025 6:04 pm | US Markets
Isomorphic Labs is the secretive AI life sciences startup spun out of Google DeepMind with the goal of solving all disease with AI-powered drug discovery.