AI Summary
- Recent documents indicate that Hamas initiated the October 7 attacks on Israel with the intent to sabotage normalization talks between Israel and Saudi Arabia, highlighting ongoing geopolitical tensions in the region.
- In a bid for peace, Trump is set to engage with Putin and Zelensky after failed Russia-Ukraine negotiations; the U.S. is pushing for a ceasefire while attempting to balance its diplomatic relations in the region.
- The EU is seeking a more favorable trade deal with the U.S. compared to previous agreements with the U.K. and China, emphasizing a strategic shift in international trade negotiations.
- Moody's has downgraded the U.S. credit rating, citing rising government debt as a significant concern, which could have implications for the financial markets and economic policy.
- The tech IPO market is showing signs of recovery, driven by easing trade tensions between the U.S. and China, alongside increased investment into artificial intelligence and related sectors.
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CNBC
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Trump tells Walmart to 'eat the tariffs' after retailer warned it will raise prices
cnbc.com
4 hours ago
Trump blasted Walmart after the retailer warned it would raise prices due to tariffs.
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Trump says he will call Putin, Zelenskyy, and NATO members on Monday to talk ceasefire, trade
cnbc.com
10 hours ago
Trump told reporters on Friday that he would speak with Putin after the Russian president skipped peace talks between Russia and Ukraine in Tu…
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Moody's downgrades United States credit rating, citing growth in government debt
cnbc.com
13 hours ago
Moody's had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old agency into line …
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Grok's 'white genocide' auto responses show AI chatbots can be tampered with 'at will'
cnbc.com
14 hours ago
Elon Musk's Grok chatbot is showing yet again why generative AI has a trust problem with users.
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How much would a 100% 'Made in the USA' vehicle cost? It's complicated
cnbc.com
a day ago
President Donald Trump wants automakers to build more vehicles in the U.S. with American parts, but it's not as easy as it might seem.
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Qatari cybertrucks, elite camels and trillion-dollar vows: Why Gulf countries are going all out for Trump's visit
cnbc.com
a day ago
"We appreciate those camels," Trump told the Qatari emir. "I haven't seen camels like that in a long time."
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Trump wants coal to power AI data centers. The tech industry may need to make peace with that for now
cnbc.com
13 hours ago
President Donald Trump's push to revive the coal industry is running up against the tech sector's environmental goals.
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Nvidia CEO: If I were a student today, here's how I'd use AI to do my job better—it ‘doesn’t matter’ the profession
cnbc.com
13 hours ago
If Nvidia CEO Jensen Huang were a student again, he'd immediately learn how to ask better questions in order to craft the best AI prompts. Her…
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Irenic snaps up a stake in Couchbase. Here are two tracks the firm can take to create value
cnbc.com
13 hours ago
Activist Irenic has two paths to take at Couchbase to build value.
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Quinta Brunson isn't surprised by her success: 'I made every single move in my life so that this could happen to me'
cnbc.com
11 hours ago
The 'Abbott Elementary' creator has won multiple Emmys, a Golden Globe and even a Peabody Award.
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It's Christmas time for Home Depot. What you need to know about this pivotal sales period
cnbc.com
5 hours ago
Warm weather and seasonal trends like gardening are huge sales generators for the Club name.
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We left the U.S. for Italy and pay $1,850 a month for our 3-bedroom apartment—we couldn't be happier
cnbc.com
2 hours ago
Doing Italy founder Thea Duncan Prando shares a look inside her home in Milan, Italy. "I feel incredibly blessed, and I couldn't be happier to…
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The challenges facing Elon Musk and NASA in sending humans to Mars
cnbc.com
13 hours ago
Ever since American astronauts landed on the Moon, there’s been an appetite to visit Mars. But a number of daunting challenges stand in the wa…
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Keke Palmer: Living below my means is 'incredibly important' to me—'if I have $1 million in my pocket, my rent is going to be $1,500'
cnbc.com
13 hours ago
Keke Palmer says she learned how to budget, save and live below her means at a young age from her parents — and it gives her security as a wor…
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Tech IPO market is finally showing signs of life
cnbc.com
a day ago
After an extended drought, the tech IPO market appeared to be opening up earlier this year until Trump's sweeping tariffs announcement in Apri…
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Tesla limits investors' ability to sue over breach of fiduciary duties
cnbc.com
a day ago
Tesla announced a change to its corporate bylaws that will limit shareholders ability to sue the company.
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How student loan borrowers can avoid default as Trump administration ramps up collection efforts
cnbc.com
15 hours ago
Some student loan borrowers mistakenly believe they're in default. Meanwhile, those who have defaulted can take steps to get current on their …
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Nvidia, Cisco, Oracle and OpenAI are backing the UAE Stargate data center project
cnbc.com
a day ago
President Donald Trump traveled to the United Arab Emirates as part of his first state visit abroad in his second term. Trump also visited Sau…
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Long-term care costs can be a 'huge problem,' experts say. Here's why
cnbc.com
16 hours ago
Long-term care can cost well over $100,000 but households aren't prepared, experts say.
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Tesla adds longtime Chipotle executive Jack Hartung to board of directors
cnbc.com
a day ago
Tesla said in a regulatory filing that longtime Chipotle executive Jack Hartung is joining its board of directors and audit committee.
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Supreme Court rules against Trump administration in Alien Enemies Act case
cnbc.com
a day ago
President Donald Trump invoked the Alien Enemies Act against Tren de Aragua in mid-March, claiming that the gang is "perpetrating an invasion"…
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CoreWeave pops almost 60% this week on AI growth momentum, big Nvidia stake
cnbc.com
a day ago
CoreWeave's stock price has had by far its best week since joining the public market in March.
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Nvidia and Tesla ripped higher this week, boosted by Trump's Middle East tour
cnbc.com
a day ago
Easing trade tensions between the U.S. and China and the axing of the Biden administration's chip export rule helped the sector.
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Cramer's week ahead: Jensen Huang keynote and retail earnings
cnbc.com
a day ago
CNBC's Jim Cramer on Friday walked investors through next week's market action.
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SEC bitcoin hack case gets Alabama man sentenced to 14 months in prison
cnbc.com
a day ago
Prosecutors said a statement purportedly made by the defendant claimed that the hack of the Securities and Exchange Commission X account "was …
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Anthropic closes $2.5 billion credit facility as Wall Street continues plunging money into AI boom
cnbc.com
a day ago
Anthropic, founded by former OpenAI research executives, launched its Claude chatbot in March 2023.
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Trump says Comey called for 'assassination of the president' with '8647' Instagram post
cnbc.com
a day ago
President Donald Trump fired James Comey as FBI director in 2017 amid an investigation by the bureau into Trump campaign ties to Russia.
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Trump slams Supreme Court, Springsteen and Swift
cnbc.com
a day ago
The posts showed Trump refocusing on a range of domestic issues and grievances following his whirlwind tour of the Middle East.
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Federal Reserve will reduce staff by 10% in coming years, Powell memo says
cnbc.com
a day ago
The staff cuts could result in more than 2,000 fewer jobs at the U.S. central bank.
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The low-end consumer is about to feel the pinch as Trump restarts student loan collections
cnbc.com
a day ago
JPMorgan sees this action cutting billions from American's spendable cash pile each month.