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UK economy shrank sharply in April as Trump tariffs and tax rises kicked in
The U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday.
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Meta files lawsuit against developer of CrushAI ‘nudify' app
The lawsuit is against Joy Timeline HK Limited, which used Meta ads to promote an app that uses AI to take a photo of someone and create nude imagery of them.
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Gecko Robotics raises $125 million in deal valuing critical infrastructure startup over $1 billion
Gecko Robotics, which uses robots and AI to inspect and monitor critical infrastructure, has raised a $125 million, bringing its valuation to $1.25 billion.
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Air India Boeing 787 to London crashes in India
FlightRadar24 data suggests the aircraft undertaking the voyage was a Boeing 787 Dreamliner.
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Huawei ‘has got China covered' if the U.S. doesn't participate, Nvidia CEO tells CNBC
“If the United States doesn’t want to partake, participate in China, Huawei has got China covered,” the Nvidia CEO warned.
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America's uncertainty is Europe's power play, CEOs tell CNBC
Talk of a breakdown in U.S. exceptionalism has European executives excited.
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BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover candidate.
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10-year Treasury yield moves lower as investors watch U.S. trade talks, inflation, auctions
U.S. Treasury yields were muted on Thursday, as the White House’s trading relationships and the American economy remained in focus.
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Nvidia's first GPU was made in France — Macron wants the country to produce cutting edge chips again
French President Emmanuel Macron said he wants France to be able to manufacture semiconductors in the range of 2 nanometers to 10 nanometers.
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CNBC Daily Open: Good news on U.S. trade and inflation isn't lifting markets
When even hard numbers are suspect, we have to navigate the path ahead a little blinder than usual.
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Trade tensions aren't stopping Chinese companies from pushing into the U.S.
Chinese companies are so intent on global expansion that even a new IPO on the mainland counts the U.S. as one of its biggest markets, on par with China.
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Tariffs are the biggest macroeconomic concern for two in three investors, poll finds
The perceived risk from tariffs was more than six times greater than the next highest-ranking concern, Schroders survey shows.
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European stocks fall; FTSE 100 choppy after UK economy shrinks more than expected
Join CNBC for live updates on European markets.
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China's racing to build its AI chip ecosystem as U.S. curbs bite. Here's how its supply chain stacks up
U.S. export controls on Nvidia have incentivized China to develop alternatives, while also making it more difficult for domestic firms to do so, experts say.
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Databricks says annualized revenue will reach $3.7 billion by next month
Databricks told investors and analysts on Wednesday that annualized revenue will hit $3.7 billion by July, with 50% year-over-year growth.
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Elon Musk's favorability among Republicans dropped 16 points since March, Quinnipiac says
The Tesla CEO’s favorability scores have declined among GOP voters, according to public opinion survey results from Quinnipiac University.
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CNBC Daily Open: There's progress on trade and U.S. inflation — but it's harder to rely on such news
When even hard numbers are suspect, we might have to navigate the path ahead a little blinder than usual.
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PBS, NPR funding on the line as House nears final vote on $9.4 billion in DOGE-backed cuts
Passage would solidify DOGE-backed cuts, but some Republicans are uneasy about the programs being targeted, including the Corporation for Public Broadcasting.
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Asia-Pacific markets trade mixed as investors assess Trump claims of ‘done' deal with China
Asia-Pacific markets traded mixed as traders assessed U.S. President Donald Trump’s declaration that a trade deal with China was “done.”
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Cramer's Lightning Round: Union Pacific is a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.