While Americans worry about inflation and affordability, the Chinese are fretting about deflation and a down economy. To get a sense of Chinese consumer confidence today, visit Beijing toy seller Gao Lan, where a frowning horse plushie is selling out for the Year of the Horse. According to state media, a factory worker mistakenly sewed…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. America’s favorite groundhog, Punxsutawney Phil, saw his shadow this morning, meaning we’re in for six more weeks of winter. After the recent string of cold temperatures, I can’t say I’m surprised. Stock futures are sliding this morning. The three major…
Data center giant Oracle‘s stock took a 3% hit in early premarket on Monday, after the company announced plans to raise up to $50 billion to develop additional capacity for customers, and an analyst said the company was considering laying off thousands to free up cash flow. Hyperscalers have scrambled to build the infrastructure needed…
Nvidia President and CEO Jensen Huang speaks to the media as he arrives for a meeting with the Senate Banking Committee on Capitol Hill on December 3, 2025 in Washington, DC. Anna Moneymaker | Getty Images Nvidia’s stock fell in premarket trading Monday after reports emerged that the chipmaker’s plans to invest $100 billion into…
Justin Tallis | Afp | Getty Images Bitcoin extended losses on Monday as the world’s biggest cryptocurrency fell below $80,000 for the first time since April 2025. Bitcoin was trading at $77,494.65 at 05:43 a.m. ET on Monday, according to CoinMetrics. Bitcoin fell as low as $74,876 but later pared some of the losses. The…
UAE National Security Advisor, Sheikh Tahnoon bin Zayed Al Nahyan meets with U.S. President Donald Trump in the White House on March 18, 2025. Courtesy: Donald J. Trump | Via Truth Social A government official and top royal from the United Arab Emirates purchased a $500 million stake in the Trump family’s cryptocurrency venture last…
A United Launch Alliance Atlas V rocket is on the launch pad carrying Amazon’s Project Kuiper internet network satellites, which are expected to eventually rival Elon Musk’s Starlink system, at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, on April 9, 2025. Steve Nesius | Reuters Amazon has asked the Federal Communications Commission…
The stock market is well-positioned to bounce next week if the heavyweight companies set to report earnings deliver strong numbers, CNBC’s Jim Cramer said Friday. That’s because the market ended the week on a subdued note, the “Mad Money” host said, after the S&P 500 finished in the red for three straight days. The busy…
Movie posters for the documentary “Melania” featuring U.S. first lady Melania Trump are displayed in a New York City subway station, in New York, U.S., Jan. 14, 2026. Jeenah Moon | Reuters It was a turbulent week for Amazon. From a bungled email prematurely announcing another massive round of layoffs to scrutiny around the company’s…
If money were not a factor, a Google software engineer says custom chips, like those from Broadcom , would always be his default selection to build cutting-edge artificial intelligence models. “I am a hundred percent using a custom chip of some sort if resources are not a constraint and I need to move fast and…
