News
How Elon Musk and Sam Altman went from besties to bitter rivals
3+ hour, 35+ min ago (1652+ words) In December 2015, Elon Musk and Sam Altman sat together at the Vanity Fair New Establishment Summit in San Francisco for an interview, publicly touting their new partnership as co-chairs of a fledgling artificial intelligence research lab. Musk was a multibillionaire…...
Britain's prospective next PM tries to placate bond markets after sell-off, gilts steady
32+ min ago (390+ words) U. K. gilt yields steadied on Monday after coming under heavy selling pressure last week, as traders gauge whether a challenge to Prime Minister Keir Starmer's leadership poses a threat to the country's fiscal stability. As bond markets opened on Monday morning,…...
Orbital data centers are at the intersection of both the U. S. and China's tech strengths: Analyst
1+ hour, 17+ min ago (35+ words) CNBC Orbital data centers are at the intersection of both the U. S. and China's tech strengths: Analyst...
Disconnect between consumers' worries & their actions: Citi Wealth
2+ hour, 5+ min ago (67+ words) Kate Moore of Citi Wealth says there's a disconnect between what consumers are saying and what they're doing: people have expressed uncertainty about job prospects and the economy in surveys, but travel and retail spending remains strong. She also notes…...
AI's investment case hinges on whether new user habits can be monetised: Analyst
1+ hour, 38+ min ago (28+ words) CNBC AI's investment case hinges on whether new user habits can be monetised: Analyst...
The world has 'exhausted' options to get energy out soon, even with projects on the way: Expert
1+ hour, 25+ min ago (35+ words) CNBC The world has 'exhausted' options to get energy out soon, even with projects on the way: Expert...
Goldman Sachs on the most exciting AI sub-sectors and what's driving Chinese AI models
2+ hour, 7+ min ago (31+ words) CNBC Goldman Sachs on the most exciting AI sub-sectors and what's driving Chinese AI models...
Treasury yields rise amid global bond rout as inflation fears grip investors
1+ hour, 40+ min ago (392+ words) U. S. Treasury yields continued their ascent on Monday as global bond markets sold off amid concerns of resurgent inflationary pressures. The 10-year U. S. Treasury'note yield " the key benchmark for U. S. government borrowing " was more than 2 basis points higher in the early hours, at…...
Samsung strike involving 47, 000 workers looms as South Korea's president urges labor deal
2+ hour, 56+ min ago (531+ words) South Korean President Lee Jae Myung on Monday called for both labor and management rights to be respected as an 18-day strike at Samsung Electronics looms. Lee, posting on X in Korean, said "labor must be respected as much as…...
CNBC Daily Open: G7 to assess economic shock
1+ hour, 43+ min ago (490+ words) Hello, this is Leonie Kidd writing to you from London. Welcome to today's edition of the Daily Open newsletter. The stress in the bond market is intensifying and showing few signs of abating. For G7 finance ministers and central bank governors…...