The U.S. banned Nvidia’s best chips from going to China. Now it’s trying to close a crucial loophole
Chinese AI firms have reportedly accessed advanced Nvidia computing power overseas, testing U.S. export controls. Lawmakers weigh closing the cloud-access gap.
Amazon to expand drone service to nearly 500 cities after targeting 1 million deliveries this year
Amazon has quietly expanded its drone service to more metro areas in recent months after receiving a key regulatory greenlight enabling longer-range deliveries.
Dollar risks are mounting. Here’s what could weaken the greenback
Currency strategists flag Treasury risk, softer U.S. data and uncertain Fed policy as key factors that could pressure the dollar.
Dollar risks are mounting. Here’s what could weaken the greenback
Currency strategists flag Treasury risk, softer U.S. data and uncertain Fed policy as key factors that could pressure the dollar.
Yields pull back from multi-year highs after Treasury Department says it will double government debt repurchase size
Treasury yields pulled back on Wednesday from multi-year highs seen earlier this week.
World’s largest olive oil company surges over 20% as rivals circle in takeover battle
Shares of Spain’s Deoleo jumped on Wednesday morning amid an intensifying takeover battle for the world’s largest olive oil bottler and marketer.
UAE severs trade with Iran after reported missile strike
Washington and Tehran are considering next steps after negotiations fell apart, while the UAE has suspended trade with Iran.
Zelenskyy faces challenge to his wartime rule as former defense chief calls for election
Former Ukraine Defense Minister Mykhailo Fedorov has called for wartime elections, saying Kyiv must restore its democratic process despite the ongoing war.
Goldman studied where AI is squeezing labor markets. Here’s what it found
Goldman Sachs found that AI is starting to weigh on employment across developed economies.
CNBC Daily Open: Robots rising, tariff turnaround and yield nerves
Chinese robot maker Unitree rises around 500% on its debut day of trade amid continued geopolitical tensions and a bond market rout, keeping stock markets in check.
