General Motors announces new defense partnership with Lockheed Martin
General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons.
Snap unveils $2,195 AR glasses as CEO Evan Spiegel bets on post-smartphone future
Snap is launching its first AR glasses geared toward the broader public instead of developers.
Iran deal won’t solve oil supply issues overnight. Barclays keeps $100 forecast
Barclays warns that immediate normalization of physical oil supply chains across the Strait of Hormuz could take weeks.
SpaceX to acquire the AI coding startup Cursor for $60 billion
The deal will help to bolster the company’s efforts to compete with rivals like Anthropic and OpenAI, which also offer popular coding tools.
The new oil? Inside the effort to turn AI computing power into a tradeable commodity
AI compute futures could eventually rival some of the world’s largest commodity markets, Silicon Data’s Carmen Li believes.
Kevin Warsh’s Fed is not expected to make any change to rates for a while, according to CNBC Fed Survey
The survey respondents do expect the Fed at this week’s meeting to remove the easing bias in the statement that has signaled the Fed’s next move would likely be a cut.
SpaceX locks in $60 billion Cursor deal to power AI coding push
Elon Musk’s SpaceX said on Tuesday it would acquire Cursor AI parent Anysphere for $60 billion.
Trump denies U.S. will put ‘any money’ into Iran, as he meets allies at G7 summit
Washington and Tehran announced a memorandum of understanding had been reached over the weekend.
How Elon Musk’s second-in-command Gwynne Shotwell helped turn SpaceX into an IPO giant
CNBC spoke to people who’ve worked with SpaceX’s president and chief operating officer.
Treasury yields slide as Fed begins monetary policy meeting
U.S. Treasury yields fell on Tuesday as the Federal Reserve’s two-day policy meeting kicked off.
