Memory chip shortage to last through 2027, semiconductor boss says
The boom in AI data center building has caused a shortage of memory chips which are also crucial for electronics like smartphones.
USA Rare Earth shares rally as Commerce Department takes equity stake
The capital infusion will help USA Rare Earth advance its plan for a magnet manufacturing plant and a mine at a rare earth deposit in Texas called Round Top.
Elon Musk’s X probed by EU over sexually explicit images on Grok
The European Commission on Monday said it opened an investigation into Elon Musk’s X over the spreading of sexually explicit material by the AI chatbot Grok.
Northeast sees more snow from the tail end of a colossal winter storm, at least 18 deaths reported
Deep snow halted traffic, canceled flights and triggered wide school closures Monday. Authorities reported at least 18 weather-related deaths.
Nvidia and Alphabet VC arms back AI startup Synthesia at $4 billion valuation
The British AI video company has raised $200 million in fresh funding.
CNBC Daily Open: As Trump destabilizes foreign relationships, Europe forges new ties
Trump threatened Canada with tariffs of 100% if it strikes a deal with China. Trump also withdrew an invitation to the Canada to join his “Board of Peace.”
European markets close higher ahead of busy earnings week
European stocks traded in positive territory on Monday ahead of earnings from ASML, Volvo, LVMH and Deutsche Bank.
Investors flock to hedge funds at fastest pace since Global Financial Crisis as uncertainty dominates markets
Investors are flocking back to hedge funds, with capital flows hitting an 18-year high.
‘Historical clock is ticking’: A global market correction may be coming, warn experts
The global market rally may be running on borrowed time after a blistering momentum in 2025, with veterans warning that the odds of a correction are rising.
CNBC Daily Open: Canada is drawing Trump’s ire — and faces a 100% tariff
Trump threatened Canada with tariffs of 100% if it strikes a deal with China. Trump also withdrew an invitation to the Canada to join his “Board of Peace.”
