Israeli Soldiers secure the opening of a tunnel near the border with Israel on December 15, 2023, northern Gaza Strip. Amir Levy | Getty Images Earlier this month, the Bank of Israel slashed its growth forecast for this year, citing the hostilities in the Middle East. But, remarkably for a country that has been on…
AI legal tech Legora advert featuring Jude Law. Credit: Legora Nvidia’s venture arm, NVentures, has invested in Swedish AI legal tech Legora at a $5.6 billion valuation, as the chip giant continues to ramp up startup funding across the globe. Legora on Thursday exclusively told CNBC that Nvidia had backed it as part of a…
The Los Angeles Rams shocked the football world when they took Alabama quarterback Ty Simpson with the 13th overall pick in the 2026 NFL Draft. While the Rams stunned just about everyone on Thursday night, though, the decision was the culmination of multiple months of work on Simpson, according to head coach Sean McVay. In…
(This is CNBC’s “Power Insider” newsletter, your inside look at the investments, people and companies powering the global energy industry. Click here to subscribe.) POWER POINT What I’m hearing from energy insiders The ink was barely dry – so to speak – on this week’s Power Point when the news blew harder than the oil…
Banyan Group’s founders share insights on building a global luxury hospitality brand — and how they navigated crisis after crisis without compromising their values. From a single resort in Phuket to a global hospitality brand, Banyan Group‘s journey has been shaped by bold bets, tough decisions and a commitment to long-term values. In this episode of “Managing…
A view shows a logo at NXP semiconductors computer chip fabrication plant in Nijmegen, Netherlands March 14, 2024. Piroschka Van De Wouw | Reuters NXP Semiconductors shares rose 26% Wednesday, its best day ever since the company went public in 2010. The semiconductor manufacturer reported first-quarter earnings Tuesday that blew away Wall Street’s estimates. The…
In the days following the NFL Draft, every fan base is over the moon about their favorite team’s selections. You’ll hear that many teams have filled their top needs and are now ready to make a run for the playoffs or the Lombardi Trophy just because they made the right picks. However, as we all…
Federal agents, including members of the Department of Homeland Security, the Border Patrol, and police, attempt to keep protesters back outside a downtown U.S. Immigration and Customs Enforcement (ICE) facility on Oct. 4, 2025 in Portland, Oregon. Spencer Platt | Getty Images The U.S. House of Representatives on Wednesday approved a three-year budget plan that…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Over the past two decades, India’s IT sector has been driving a consumption boom that has in many ways anchored the India growth story….
Shares of Amazon rose after the tech giant reported stronger-than-expected first-quarter results, driven by a continued acceleration of growth in its Amazon Web Services unit. Revenue increased 17% year over year to $181.52 billion, beating the consensus analyst estimate of $177.3 billion, according to LSEG data. Earnings per share based on generally accepted accounting principles…
