Space stocks rocket higher as sector optimism gains steam into 2026
Space stocks have rallied in recent weeks following news that Musk’s SpaceX is planning to go public next year and widespread government interest. Source link
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Oracle to run TikTok’s U.S. business with Silver Lake, MGX
Oracle‘s stock jumped about 5% Friday after the cloud provider joined a group of investors slated to lead TikTok’s U.S. operations. In a memo to employees Thursday, CEO Shou Zi Chew said the social media company’s U.S. division will be run by a joint venture that includes Oracle, Silver Lake, and Abu Dhabi-based MGX. The…
TikTok signs agreement to create new U.S. joint venture, memo says
Samuel Boivin | Nurphoto | Getty Images TikTok CEO Shou Zi Chew told employees on Thursday that the company’s U.S. operations will be housed in a new joint venture. The entity is named TikTok USDS Joint Venture LLC, according to a memo sent by Chew and obtained by CNBC. As part of the joint venture,…
Why the India-U.S. trade deal remains elusive
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story India-U.S. relationship looked set to reach new heights at the start of 2025. Prime Minister Narendra Modi was among the earliest foreign leaders to meet the newly elected…
Asia markets fall as rotation out of tech continues; investors await Trump address
US President Donald Trump speaks to reporters after stepping off Air Force One at Joint Base Andrews on Dec. 17, 2025. Andrew Caballero-Reynolds | AFP | Getty Images Asia-Pacific markets tumbled Thursday as investors on Wall Street continued to rotate out of tech and markets look toward an address by U.S. President Donald Trump. The…
Bill to ease Big Tech project permits advances in House
The House of Representatives on Tuesday voted to advance legislation favored by Big Tech heavy hitters such as OpenAI, Meta and Microsoft to reform the process for obtaining federal permits for projects to build out artificial intelligence infrastructure in the United States. Backers of the bill, the SPEED Act, argue it is key to helping…
Investors should still back us amid selloff
Ukrainian servicemen operate a Soviet-made T-72 tank in the Sumy region, near the border with Russia, on August 12, 2024, amid the Russian invasion of Ukraine. Roman Pilipey | Afp | Getty Images Some of Europe’s biggest military contractors urged investors not to cash out of the sector on Tuesday, as stocks sold off on…
Ukraine peace talks progressing, Russia open to EU membership: U.S.
Ukraine’s President Volodymyr Zelensky delivers a press conference with the German Chancellor at the Chancellery in Berlin, on December 15, 2025. John Macdougall | Afp | Getty Images American officials said Monday that a deal with Ukrainian leaders to end its war with Russia was nearly complete, even as territorial disputes remain unresolved and a…
Nvidia addresses report that China’s DeepSeek is using Blackwell chips
Nvidia CEO Jensen Huang outside the Capitol, Dec. 3, 2025. Bloomberg | Bloomberg | Getty Images Nvidia on Wednesday responded to a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has banned the export of Nvidia’s Blackwell chips, which are considered the…