Bill Gross says Tesla is the new meme stock
Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors.
As NATO meets, leaders look to ‘Trump-proof’ the military alliance
As NATO meets in Washington, the alliance is facing familiar foes and challenges. The prospect of another Donald Trump presidency is one of them.
Volkswagen shares slip as it considers Brussels plant closure on weak EV demand
Volkswagen shares dipped after the company issued an overnight profit warning and announced it was considering the potential closure of an Audi plant.
TSMC second-quarter revenue jumps on AI boost, handily beats market forecasts
Taiwan Semiconductor Manufacturing Co, whose customers include Apple and Nvidia, has benefited from the surge towards AI.
The world’s top 250 fintech companies of 2024
Using a rigorous methodology, CNBC and Statista named the top 250 fintech companies globally for 2024. CNBC Tech Correspondent Ryan Browne has more.
China is leading on GenAI experimentation, but lags U.S. in implementation, survey shows
Chinese companies lead the world in general generative AI use but are still behind the U.S. in full implementation, a new survey finds.
Microsoft drops its observer seat on OpenAI board amid regulatory scrutiny
Microsoft took a nonvoting board seat at OpenAI back in November.
CNBC Daily Open: Fed’s Powell says high rates could hurt growth
Powell said prolonged high rates could harm economic growth. The S&P 500 notched its 36th record close. Biden pledged Patriot missiles to Ukraine.
An investment banker quit her job to become a YouTuber and now makes over $1 million
An investment banker who quit her job to become a YouTuber — just two months before a six-figure bonus — now has over 1 million subscribers.
‘Blowout’ in French borrowing costs still to come amid economic deadlock, veteran investor says
“Political paralysis in France is economic paralysis in France,” David Roche told CNBC.
