Billionaire trader Leo KoGuan revealed he just bought 1 million shares of Nvidia , expanding his artificial intelligence bet beyond Tesla — the electric vehicle maker that helped make him one of its most prominent individual shareholders. KoGuan said in posts on X that he purchased the shares earlier this week and plans to buy…
Andriy Onufriyenko | Moment | Getty Images The escalating war in the Middle East jolted the stock market on Tuesday — a reaction that history suggests is common after a global shock, but often not lasting. While the market rebounded Wednesday morning, the Standard & Poor’s 500 index, a broad measurement of how U.S. companies’…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Treasury Secretary Scott Bessent told CNBC this morning that President Donald Trump’s 15% global tariff would be implemented this week. He also said the U.S. would make “a series of announcements” to support oil trade in the Gulf. Stock futures…
If you’ve watched Packers quarterback Malik Willis closely over the past two seasons, you probably know that he’s shown signs of developing into a QB1. If you haven’t watched him, you might see his stats and wonder why any team would want to commit to him at roughly $50 million to $60 million over two…
Alphabet has quietly become one of the highest-quality, cash-flow franchises in the technology sector just as geopolitical uncertainty is beginning to drive capital toward companies with strong balance sheets. With tensions escalating in the Middle East and markets focused on downside protection, investors are rotating toward businesses that generate resilient free cash flow. Alphabet now…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch It was no surprise, when equity markets first reacted to news of the strikes on Iran, that the U.K.’s FTSE 100 fell by less than all of its major continental European peers. What is often seen as the Footsie’s weakness…
Shares of Coinbase and other cryptocurrency companies surged Wednesday after President Donald Trump threw his weight behind the industry’s battle against U.S. banks over yield-bearing stablecoins — adding to momentum the firms were already feeling from bitcoin‘s bounce. Coinbase was last up more than 12%. Other digital asset firms such as Strategy and Circle jumped…
Apple MacBook Neo Source: Apple Inc. For years, the cheapest way into the Mac lineup was a $999 laptop. On Wednesday, Apple cut that price nearly in half. The company unveiled the MacBook Neo, a colorful, lightweight laptop powered by an iPhone-grade chip. The launch caps a three-day hardware blitz that has already seen refreshes…
It’s been roughly six weeks since Indiana capped off a 16-0 season with a dramatic win over Miami to capture the national championship. We have had college basketball, the Olympics and some incredible golf finishes to try and fill the void between now and college football season … but it still comes up short. So…
High-end luxury sports car makers, like the rest of the auto industry, are starting to figure out how big demand is for electric vehicles. Lamborghini has said there is nearly no market for electric supercars. But fellow luxury carmaker Ferrari is pressing ahead with an EV, although it has also downsized its EV plans. The…
