Asia markets mostly rise after Wall Street trades mixed; SoftBank falls as much as 10% after selling entire stake in Nvidia
Asia-Pacific markets mostly climbed Wednesday, after Wall Street traded mixed on hopes of the U.S. government shutdown ending and a pullback in AI stocks.
Tariffs thaw, rivalry simmers: U.S.–China trade truce enters uneasy phase
Even as a U.S.–China trade truce appears to be holding, analysts caution that the détente remains fragile in a rivalry increasingly defined by strategic competition.
CNBC Daily Open: SoftBank doubles down on AI amid warnings from ‘Big Short’ investor
SoftBank is selling its entire stake in Nvidia — but not for the reasons you might think.
The shutdown put jobs and inflation data on hold. Here’s when it could be back — and what it might say
Economic data releases — payroll and jobs reports, CPI and PPI — have lagged during the government shutdown and likely will take some time to get rolling again.
SNAP: Trump admin gets longer Supreme Court pause on order it pay full food stamp benefits
The Trump administration has argued that the legal battle over SNAP benefits will be made moot when Congress passes a bill to end the government shutdown.
Trump is pardoning dozens of allies and backers. Here’s who might be seeking clemency
Some figures eyed as possible candidates for clemency from President Donald Trump include Ghislaine Maxwell and Sean “Diddy” Combs.
Palantir rally to resume despite Burry’s short bet, according to the charts
Todd Gordon goes through the charts on the AI stock.
Gemini shares sink after reporting wider-than-expected loss in Q3: CNBC Crypto World
On today’s episode of CNBC Crypto World, major cryptocurrencies fall after rallying the day before on hopes that the record-setting U.S. government shutdown could be nearing an end. Plus, Gemini shares sink after the crypto exchange reported a wider-than-expected loss. And, Alexander Blume, CEO of Two Prime, breaks down his predictions for crypto in 2026.
SoftBank just sold out of Nvidia. Should you?
Confidence in Nvidia stock is in doubt after SoftBank’s decision to relinquish its stake in the chipmaker.
AMD’s Lisa Su sees 35% annual sales growth driven by ‘insatiable’ AI demand
Su said that AMD could be able to achieve “double-digit” share in the data center AI chip market over the next three to five years.