News from the economy, politics and the financial markets
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Latest news
Nintendo keeps Switch 2 forecast as device sales pass 17 million units
Investors are weighing the impact of rising memory prices and the strength of Nintendo’s games pipeline ahead of the Switch 2.
CNBC Daily Open: Asia markets and precious metals rebound amid Trump's trade deal with India
As part of the deal, New Delhi will "BUY AMERICAN" at "a much higher level," and stop buying oil from Russia, according to Trump.
Musk's xAI needs SpaceX deal for the money. Data centers in space are still a dream
In merging SpaceX with xAI, Elon Musk may be providing his artificial intelligence startup with a much-needed cash infusion.
SoftBank subsidiary to work with Intel on next-gen memory for AI
A SoftBank subsidiary has signed a collaboration agreement with Intel to commercialize "next-generation memory technology."
CNBC Daily Open: India and U.S. strike a trade deal, and markets shrug off precious metals rout
As part of the deal, New Delhi will "BUY AMERICAN" at "a much higher level," and stop buying oil from Russia, according to Trump.
Waymo announces $16 billion funding round
The Alphabet-owned company said it is now valued at $126 billion.
Elon Musk's SpaceX acquiring AI startup xAI ahead of potential IPO
Musk is combining rocket maker SpaceX with his AI startup, the largest tie-up in his expansive business portfolio.
Palantir beats fourth-quarter estimates on the strength of AI and defense demand
Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools.
Oracle's credit default swaps are plummeting as financing plan boosts investor confidence
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Anti-ICE protesters should want more Palantir in government, CEO Karp says
As anti-ICE protests continue in Minneapolis after two fatal shootings by federal agents, Palantir has faced criticism for providing software to DHS.
Palantir is set to report earnings after the market close. What Wall Street expects
Global conflicts and a large U.S. defense budget could boost the beaten-down stock, analysts say.
China gloom: The 'Are you dead?' app is dead, and a 'crying horse' plushie is selling out
China shut down the "Are you dead" app, but the "crying horse" is selling out as the country grapples with a slowing economy and uncertainty.
OpenAI launches standalone Codex app for Apple computers
OpenAI is trying to win market share from rivals like Anthropic and Cursor as AI coding tools gain in popularity.
Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening
Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.
Elon Musk has lauded the 'social media for AI agents' platform Moltbook as a bold step for AI. Others are skeptical
Elon Musk said the platform was the "very early stages of singularity" but others are more skeptical
Oracle rises after company announces $50 billion fundraising plans. Here's what's happening
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
Bitcoin is coming off a brutal week. Here's what's happening
Cryptocurrency markets fell as global equities and precious metals sold off, while bitcoin liquidations exacerbated downside moves.
The metal sell-off, Disney earnings, the 'Melania' movie and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
From Clawdbot to Moltbot to OpenClaw: Meet the AI agent generating buzz and fear globally
OpenClaw, formerly known as Clawdbot and Moltbot, has created massive buzz from Silicon Valley to Beijing due to its impressive capabilities, but also its quirks and risks.
United Arab Emirates' 'Spy Sheikh' bought secret stake in Trump crypto company: WSJ
“This is corruption, plain and simple," said Massachusetts Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee.
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