Democratic senators press Commerce Secretary Lutnick on conflict of interest concerns in USA Rare Earth deal
Sens. Elizabeth Warren, Chris Van Hollen and Ron Wyden are pressing Commerce Secretary Howard Lutnick for more information on the USA Rare Earth deal.
Market watchers back Jensen Huang’s view that investors are ‘wrong’ on SaaSpocalypse
Nvidia CEO Huang told CNBC that software will not be displaced by artificial intelligence.
U.S. warns Iran’s reluctance to discuss weapons is a ‘big, big problem’ as fresh talks begin
U.S. Secretary of State Marco Rubio warned that Iran’s reluctance to discuss its intercontinental ballistic missiles was a “big, big problem.”
Engie shares jump on $14 billion U.K. power grid deal
Shares in French utility Engie jumped $14 billion, after the company announced it would buy UK Power Networks.
Nvidia’s blowout earnings report disappoints Wall Street as stock sinks 5%
“The odds were stacked against them,” Adam Phillips of EP Wealth Advisors told CNBC.
CNBC’s Inside India newsletter: As AI shockwaves hit software firms, what’s in store for India’s IT titans?
AI-led disruption is threatening India’s software giants.
Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over
The U.S. chipmaker has yet to confirm shipments to China despite Washington easing restrictions on exports of advanced chips.
France’s Engie jumps 7% after $14 billion UK power grid deal; European markets close flat
More broadly, European stocks were mixed as corporate earnings held the spotlight.
Rolls-Royce raises outlook, plans up to $12 billion share buyback as engine demand boosts growth
Rolls-Royce sees profits of over £4 billion this year as the engine and power systems maker promises another year of robust growth.
CNBC Daily Open: Nvidia’s earnings beat and AI developments provide some respite for markets
The world’s most valuable company reported better-than-expected fiscal fourth-quarter results after the bell Wednesday stateside.
