A sign displays the prices of unleaded, premium, and diesel gasoline at a Speedway gas station in Columbus, Ohio, US, on Monday, May 11, 2026. Brian Kaiser | Bloomberg | Getty Images President Donald Trump and congressional Republicans are proposing suspending the federal gas tax as prices at the pump continue to soar ahead of…
Deepak Ahuja Source: Verily Redwood Materials, the electric vehicle battery recycling business started by Tesla board member and former CTO JB Straubel, is bringing on another former Tesla executive, Deepak Ahuja, as CFO, the company announced Monday. Ahuja served as finance chief at Tesla from March 2017 to March 2019, his second term at Elon Musk’s…
The U.K.’s ruling Labour Party should commit to rejoining the EU at the next general election, London mayor Sadiq Khan has told CNBC. In an interview on Monday, Khan acknowledged his party’s disastrous showing in local elections last week. He urged the government to be “bolder and braver,” and deliver on its promises, as party…
U.S. futures are relatively unchanged as investors monitor U.S.-Iran negotiations. It comes after the S & P 500 hit a record high in Friday trade, posting its sixth positive week in a row for the first time since October 2024. European equities are struggling to find direction, with oil and gas stocks outperforming as crude…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Investment in data centers is surging. After more than $61 billion in deals in 2025, the sector is expected to require nearly $7 trillion by 2030 to meet rising AI demand. In Europe, data centers are moving away from saturated hubs toward…
The Nasdaq will rise to 30,000 points in the next year as a bumper earnings season continues to bolster enthusiasm for AI stocks, Dan Ives, managing director at Wedbush Securities, told CNBC’s Squawk Box Europe on Monday. A solid tech earnings season has seen investor jitters earlier this year replaced with bullishness over the AI…
Yields on U.S. Treasurys moved higher at the start of a new trading week as traders monitored geopolitical developments around the Middle East conflict ahead of President Donald Trump’s meeting with China premier Xi Jinping in Beijing later this week. The yield on the 10-year U.S. Treasury note — the key benchmark for government borrowing — was…
OpenAI is in discussions with the European Union over access to its new cyber model, but Anthropic is still holding out on releasing Mythos to the bloc, the European Commission has said. This is a breaking story. Refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the…
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images Nintendo shares plunged on Monday after the gaming giant warned sales…
U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images Hello, this is Katie Foley writing to you from London. Welcome to another edition of CNBC’s Daily Open. Three world leaders, three pressure-cooker situations. This week is shaping up to…
