Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
Planned battery projects for Termoli, in Italy, and Kaiserslautern, in Germany, have been “definitively shelved”.
A ‘quiet revolution’: Why young people are swapping social media for lunch dates, vinyl records and brick phones
Gen Z and millennials deleting their social media platforms cite the increasing pressures of being online as well as the damage to their mental health.
South Korean crypto firm accidentally sends $44 billion in bitcoin tousers
The move triggered a sharp selloff on the Bithumb exchange. The company apologized for the mistake.
Sovereignty: The defense buzzword at the Singapore Airshow
Countries want to be able to ensure that defense capabilities are close at hand.
Why the NFL thinks the world is ready for American football
In 2025, the NFL staged a record seven regular-season games overseas as part of its bold international expansion, taking American football to Germany, Spain and Ireland. CNBC’s Tom Chitty goes behind the scenes of that global push, from the streets of …
Tech AI spending may approach $700 billion this year, but the blow to cash raises red flags
Tech’s megacaps announced major increases in capex spend for 2026, and now investors are preparing for cash to dwindle.
Trump holds leverage over Iran thanks to low oil prices, Energy Secretary says
Iran is an OPEC member and produces more than 3 million barrels per day.
Bitcoin gets slashed in half. What’s behind the crypto’s existential crisis
Bitcoin nearly grazed $60,000 on Thursday as investors shied away from the asset due to growing concerns over its utility.
Time for traders to fade this group of stocks that’s been on a tear, says Carter Worth
The low-beta, long-time laggard S&P 500 Consumer Staples Sector has come to in a big way the past 3 months, now up 15% in the period.
European stocks close higher as bumper earnings week concludes
The pan-European Stoxx 600 provisionally advanced 0.9% by the end of the trading session, reversing morning losses.
