CNBC's Official NBA Team Valuations 2026: Three franchises are now worth at least $10 billion
The average value of a National Basketball Association team is $5.52 billion, according to CNBC’s Official NBA Team Valuations 2026. <
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This company just pivoted to data centers. Wall Street is bullish
Even after a more than 22% surge on Wednesday, Wall Street analysts expect there’s room to run for shares of BorgWarner . Driving the stock’s massive single-day rally was news that the company signed a deal with TurboCell to supply a turbine generator system for artificial intelligence data centers. TurboCell is a subsidiary of data…
Four charts show Europe’s reliance on U.S. digital infrastructure
As geopolitical tensions between the EU and the U.S. escalate, these charts show how reliant the continent is on American tech providers, despite pledges to become more independent. Since returning to the White House last year, U.S President Donald Trump imposed tariffs on the continent and caused headaches and fear in Europe as he initially…
What the EPA’s flip on climate change means for automakers
The Environmental Protection Agency’s decision to reverse its findings on the harms caused by greenhouse gases might look like a win for big gas-guzzling vehicles and a disaster for the U.S. electric vehicle market. But critics of the move and some industry analysts argue that the American auto industry can’t afford to back away too much…
How China’s ‘unruly’ speculators might be fueling the frenzy in gold market
Gold and silver prices rose as U.S. Treasury bond yields fell after December retail sales growth stalled, signaling a softening economy ahead of key jobs data. Bloomberg Creative | Bloomberg Creative Photos | Getty Images Gold’s wild price swings in recent weeks are increasingly being linked to speculative trading in China by some analysts, with…
Top hyperscalers to boost AI capex to $600 billion: Stocks that benefit
Artificial intelligence is driving exponential capital expenditure growth, with just the top hyperscalers expecting to spend 70% more this year than they did last year. Recent earnings reports from Amazon , Alphabet , Meta and Microsoft revealed planned capex of more than $600 billion combined this year. In 2025, these four companies invested just over…
India approves Rafale jet purchase in $40 billion defense package ahead of Macron visit
A French Air and Space Force Rafale fighter jet takes off from Air Base 120 in Cazaux, south-western France, on January 29, 2026, during the TOPAZE 2026 exercise. The TOPAZE 2026 exercise tests rapid redeployment capabilities and operational response in simulated high-intensity combat conditions. (Photo by Philippe LOPEZ / AFP via Getty Images) Philippe Lopez…
Stock market today: Live updates
Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE Stock futures were roughly flat Thursday night after a downbeat day for the U.S. stock market. Traders also looked ahead to a key consumer inflation report due Friday morning. S&P 500 futures advanced 0.02%, while Nasdaq 100 futures gained 0.04%. Futures tied…
Xiaomi’s electric SUV tops China sales in January, sells twice as many as Tesla’s Model Y
Chinese smartphone company Xiaomi launched its YU7 electric SUV in summer 2025, taking direct aim at Tesla’s Model Y. Sopa Images | Lightrocket | Getty Images BEIJING — Xiaomi‘s electric car venture has succeeded in dethroning Tesla in China, at least in January. The Xiaomi YU7 SUV ranked first in China by sales last month,…
Goldman Sachs top lawyer Kathy Ruemmler to step down after email fallout
FILE PHOTO: White House counsel Kathryn Ruemmler listens as President Barack Obama speaks at an installation ceremony for FBI Director James Comey at FBI Headquarters in Washington, Monday, Oct. 28, 2013. Charles Dharapak | AP Top Goldman Sachs lawyer Kathy Ruemmler said Thursday night that she will leave the investment bank at the end of…