Bitcoin dropped below $70,000 on Thursday amid a broader sell-off of risk assets. The move, which happened around 6:27 a.m. ET, was the first time bitcoin fell below $70,000 since November 2024. Bitcoin was last trading at around $69,332 at 7:31 a.m. ET, according to CoinMetrics data. Some market watchers have suggested $70,000 is a…
This photograph shows a partial view of a Volvo X30 electric car with the company logo at the Volvo factory in Ghent on April 25, 2025. This factory will produce the Volvo X30 100% electric model for the European market. Nicolas Tucat | Afp | Getty Images Shares of Sweden’s Volvo Cars tumbled more than…
HONG KONG, CHINA – JANUARY 05: A general view of the BYD Auto showroom on January 5, 2026, in Hong Kong, China. (Photo by Sawayasu Tsuji/Getty Images) Sawayasu Tsuji | Getty Images News | Getty Images BEIJING — Chinese electric car giant BYD reported a nearly two-year low in local sales in January, signaling mounting…
UBTech humanoid robot is on display during the 27th China Beijing International High-tech Expo at China National Convention Center on May 8, 2025 in Beijing, China. Vcg | Visual China Group | Getty Images China’s Hong Kong-listed technology stocks slid into bear market territory on Thursday, marking a sharp reversal from last year’s rally as…
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California, on May 20, 2025. Camille Cohen | Afp | Getty Images Alphabet beat on the top and bottom lines in its fourth-quarter earnings report on Wednesday, and said it expects to significantly increase spending on artificial intelligence in…
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., during a Bloomberg Television interview in San Francisco, Oct. 6, 2025. David Paul Morris | Bloomberg | Getty Images Advanced Micro Devices reported fourth-quarter earnings that topped expectations, but the company’s first-quarter forecast fell short of what some analysts were expecting amid an…
A cargo ship transits through Panama Canal Cocoli locks in Panama City on February 21, 2025. Martin Bernetti | Afp | Getty Images The Chinese government has condemned a ruling from Panama’s top court, warning the Central American country “will inevitably pay a heavy price” unless it changes course. The rebuke comes shortly after Panama’s…
Sen. Elizabeth Warren speaks, alongside Sen. Ron Wyden, to press in the Capitol, Feb. 3, 2025. Kayla Bartkowski | Getty Images Sens. Elizabeth Warren, Ron Wyden and Richard Blumenthal called on federal agencies to scrutinize AI deals from Nvidia, Meta and Google for potential antitrust violations, in a letter shared with CNBC. The three Democrats…
Illustration of food items placed on the belt of a cash register in a Leclerc supermarket in Valence, France, April 4, 2025. Nicolas Guyonnet | Afp | Getty Images Euro zone inflation cooled to 1.7% in January, flash data from statistics agency Eurostat showed Wednesday. Economists polled by Reuters had expected the inflation rate to…
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets mostly rose Wednesday, breaking ranks with Wall Street after a sell-off in U.S. technology stocks weighed on sentiment, while gold extended gains for a second day. Japan’s Nikkei 225 declined 0.78% to close…