Tag: business news

Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a ...

Series of court decisions weaken Democrats’ odds of winning the House

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The US Supreme Court in Washington, DC, US, on Monday, April 20, 2026. Graeme Sloan | Bloomberg | Getty ImagesTwo ...

Alibaba’s core profit plunges 84% even as AI and cloud growth accelerate

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Jaap Arriens | Nurphoto | Getty ImagesAlibaba on Wednesday said its core profitability plunged in the March quarter amid heavy ...

Traders believe inflation could near 5% this year

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A customer shops for produce at an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell | ...

Jensen Huang is joining Trump’s China trip after the U.S. president called the Nvidia CEO

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Jensen Huang, CEO of Nvidia speaks with CNBC on May 5, 2026. CNBCBEIJING — Nvidia CEO Jensen Huang is joining ...

Laid-off GM employees tell of ominous email, severance and role of AI

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DETROIT — An ominous email about an oddly timed 15-minute virtual meeting. A scripted message from human resources. And an ...

Qualcomm drops 11% as chip stocks pull back from record AI-driven rally

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Qualcomm is one of the biggest semiconductor companies making chipsets.Nurphoto | Nurphoto | Getty ImagesChip stocks dropped on Tuesday, pulling ...

Trump is taking more than a dozen U.S. executives to China. Jensen Huang isn’t one of them

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U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House ...

EBay rejects GameStop’s billion takeover bid, calling it ‘neither credible nor attractive’

EBay rejects GameStop’s $56 billion takeover bid, calling it ‘neither credible nor attractive’

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EBay on Tuesday rejected GameStop's $56 billion takeover proposal, calling the unsolicited bid "neither credible nor attractive." GameStop CEO Ryan ...

GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs

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