The conundrum of President Donald Trump is one I try to stay away from. Not because I don’t want to go there, but because it hasn’t been all that lucrative to do so. Because of the president’s sheer, endless presence in the media, and his love of CEOS — to hang with or to dominate…
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Kiyoshi Ota | Bloomberg | Getty Images Masayoshi Son is making his biggest bet yet: that his brainchild SoftBank will be the center of a revolution driven by artificial intelligence….
China essentially banned cryptocurrencies years ago. Now that pent-up demand is finding an outlet in Hong Kong markets as local regulators eye the potential of stablecoins. Hong Kong-traded shares of Guotai Junan International nearly tripled in price Wednesday after becoming the first mainland Chinese-backed securities brokerage to obtain a license for virtual currency trading in…
Delta Air Lines Flight Museum in Atlanta, Ga. Leslie Josephs/CNBC Delta Air Lines forecast a better-than-expected end to 2025 thanks to rising airfares and resilient luxury travel demand. The airline on Thursday projected adjusted earnings of between $1.60 and $1.90 a share for the fourth quarter, compared with the $1.65 per share analysts polled by…
Microsoft topped revenue and earnings estimates in its fiscal 2026 second quarter. But shares slid Wednesday evening as Azure failed to deliver meaningful growth upside. In-line guidance did little to change that narrative, which has been hurting the stock. Revenue increased about 16% year over year to $81.28 billion, beating the Street consensus estimate of…
The New Orleans Saints signed free agent defensive end Jeremiah Martin and waived rookie quarterback Hunter Dekkers on Thursday, New Orleans general manager Mickey Loomis said. The 6-foot-4, 265-pound Martin is entering his third NFL season since being signed as an undrafted free agent by Cleveland after the 2023 draft. He spent last season on…
BEIJING, CHINA – OCTOBER 12: The People’s Bank of China (PBOC) building is pictured on October 12, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images China kept its benchmark lending rates unchanged for the fourth month in a row on Monday despite the U.S. Federal Reserve’s interest rate cut last week….
Waymo partners with Uber to bring robotaxi service to Atlanta and Austin. Uber Technologies Inc. Uber and Alphabet’s Waymo are now offering robotaxi rides to the public in Atlanta, as the companies continue expansion of their partnership. The Waymo robotaxis available through the Uber app will cover approximately 65 square miles around Atlanta, but will not yet…
Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km (820 miles) south of Tehran, April 30, 2019. Morteza Nikoubazl | Nurphoto | Getty Images Iran partially closed the strategically vital Strait of Hormuz on Tuesday, state media reported, citing “security precautions” as Tehran’s Revolutionary Guards conduct…
An EBT sign is displayed on the window of a grocery store on Oct. 30, 2025 in the Flatbush neighborhood of the Brooklyn borough in New York City. Michael M. Santiago | Getty Images The Trump administration told a federal judge in Rhode Island on Monday that it would tap billions of dollars in contingency…
