News from the economy, politics and the financial markets
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Latest news
Bitcoin is down nearly 30% from its record high — history shows that's normal
In the 2021 and 2017 bitcoin cycles, there were a number of instances of drops of 30% or bigger.
Software startup deploys Singapore’s first quantum computer for commercial use
Singapore-based software firm Horizon Quantum Computing has become the first private firm to deploy a quantum computer for commercial use in the city-state.
Salesforce beats on earnings, issues better-than-expected revenue forecast
Salesforce said its Agentforce artificial intelligence business is generating over $500 million in annualized revenue.
Design executive behind 'Liquid Glass' is leaving Apple
Alan Dye, who was part of the redesign of Apple's software interface called Liquid Glass, is taking his talents to Meta.
A little-known startup just used AI to make a moon dust battery for Blue Origin
Istari CEO Will Roper was assistant secretary of the Air Force under President Donald Trump's first term and worked with Space Force.
Nvidia CEO Jensen Huang talks chip restrictions with Trump, blasts state-by-state AI regulations
Nvidia CEO Jensen Huang told reporters on Capitol Hill that he had just met with President Trump, and the two "talked in general about export controls."
Dan Niles says his best idea right now is cash. Here's what else he likes
Investor Dan Niles says investors should be prepared in case the market tops after the Federal Reserve's meeting next week.
OpenAI to acquire Neptune, a startup that helps with AI model training
Neptune builds monitoring and de-bugging tools that AI companies use as they train models.
Micron stops selling memory to consumers as demand spikes from AI chips
Demand driven by the AI infrastructure boom is creating shortages for certain products like memory.
Security startup Verkada hits $5.8 billion valuation in latest funding round led by CapitalG
In September, Verkada rolled out over 60 new AI features and platform updates, including tools like "AI-Powered Unified Timeline."
Musk's Starlink rival Eutelsat shares tumble after report of SoftBank selloff
The French satellite group has seen its stock fall following a steep hike in March.
Microsoft stock sinks on report AI product sales are missing growth goals
Microsoft stock sank after a report that multiple sales teams for the company's Azure Foundry product missed growth goals in the last fiscal year.
Waymo expanding to Baltimore, Pittsburgh and St. Louis with manual test drives
The Alphabet-owned company is now either operating its robotaxis, planning to launch service or is starting to test its vehicles in 26 markets.
How Nissan is reworking its U.S. supply chain to blunt the impact of tariffs
Nissan CFO Jeremie Papin told CNBC's "Europe Early Edition" on Wednesday that is has build up a localized supply chain.
Macy's earnings, OpenAI under pressure, Boeing's delivery outlook and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
iPhone 17 will drive record Apple shipments in 2025, IDC says
Apple will ship 247.4 million iPhones in 2025, up just over 6% year-on-year, research firm IDC forecast.
Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT
Anthropic, the AI startup behind the popular Claude chatbot, is reportedly in talks to launch one of the largest initial public offerings ever as 2025.
We're raising our CrowdStrike price target following a beat and raise quarter
The October quarter was an encore performance from CrowdStrike — delivering better-than-expected results across the board.
Marvell to acquire Celestial AI for as much as $5.5 billion
The deal is an aggressive move for Marvell to acquire complimentary technology to its semiconductor networking business.
Okta beats third-quarter earnings expectations
Okta said its benefitting from artificial intelligence widespread product adoption
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