China is not only installing more robots, but building more of them. That thesis is driving Morgan Stanley’s view that China will keep growing as a global robotics leader, giving two Chinese companies an edge, investment analysts said in a Sept. 30 report shared with media in the last week. The analysis came on the…
Check out the companies making the biggest moves midday: Mirion Technologies — The radiation detection name fell more than 8% after it announced a common stock offering of $300 million. Mirion is also selling $250 million in convertible bonds. Worthington Steel — The metal processing company dropped 8% on mixed fiscal first-quarter results. While sales…
Elon Musk’s lawsuit against OpenAI will proceed to trial, further escalating his years-long feud with the company and its CEO, Sam Altman. “We appreciate the Court’s thorough and fair consideration and look forward to trial,” Musk’s lead counsel, Marc Toberoff, told CNBC’s David Faber Thursday in a statement following a hearing with U.S. District Judge…
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NEW YORK – Sitting on a gray couch in the Citi Field visitor’s clubhouse, James Wood studied a 64-square checkerboard. This was the 23-year-old outfielder’s second game of chess of the afternoon. Moments before, Wood had just said the magic word — checkmate — to shortstop CJ Abrams, defeating his Washington Nationals teammate before moving…
Kevin Warsh, U.S. President Donald Trump’s nominee for Chair of the Federal Reserve, prepares to testify during his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building on April 21, 2026 in Washington, DC. Andrew Harnick | Getty Images A version of this article first appeared in CNBC’s…
The price of bitcoin rose again on Wednesday, reaching above $108,000 at an intraday high, as investors looked past the recent tensions in the Middle East and the stock market hovered near an all-time record. But the trading in cryptocurrencies was uneven, with ether and solana both slipping modestly in afternoon trading. Washington, D.C., figured…
Sean “Diddy” Combs announces his alliance with Diageo, the world’s leading spirits, wine and beer company, at a press conference at Stone Rose on October 24, 2007 in New York City. George Napolitano | Filmmagic | Getty Images Sean “Diddy” Combs was sentenced on Friday to more than four years in prison over the hip-hop mogul’s July 2 conviction on…
Check out the companies making headlines in after-hours trading. Southwest Airlines — Shares of the airline gained 2% on the back of a surprise quarterly profit . Southwest also said that demand and fares are both improving. The company reported adjusted earnings of 11 cents per share, while analysts polled by LSEG had expected a…
Warren Buffett, Greg Abel and Ajit Jain during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway, with new CEO Greg Abel in charge, has taken a formal step toward unwinding a rare misstep by Warren Buffett. The conglomerate, which owns GEICO insurance and BNSF Railway, registered its…
