Rafael Henrique | Lightrocket | Getty Images Britain’s GSK on Wednesday became the latest pharmaceutical firm to commit bumper investment into the U.S., as President Donald Trump is in the U.K. for a three-day state visit. The drug maker committed to investing at least $30 billion in U.S. research and developing (R&D) and manufacturing over…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Faces of the Fed Federal Reserve Governor Lisa Cook will keep her seat at the table at this week’s central bank meeting. An appeals court last night…
Treasury Secretary Scott Bessent said US negotiators expressed disappointment to their Chinese counterparts when they learned during trade talks of China‘s ruling that Nvidia Corp. had violated anti-monopoly laws with a high-profile 2020 deal. Bessent, in an interview on Tuesday with CNBC, said he wasn’t sure if the Chinese negotiators in Madrid were initially aware…
Check out the companies making headlines before the bell: Oracle — The cloud infrastructure company jumped 5% after CBS News reported , citing sources, that Oracle is among a consortium of firms that would enable TikTok to continue operations in the United States if a framework deal is finalized between the U.S. and China. Dave…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jeff Herbst of GFT Ventures says Nvidia ‘will be fine’ even if it does not sell to China. Regardless, he believes it is better for the world to work together in AI on a unified developer stack, and adds that AI is…
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 has joined the $3 trillion club. Shares of the search giant jumped more than 4% on Monday, pushing the company into territory occupied only by…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : Stocks are up to start the week, with both the S & P 500 and Nasdaq hitting new all-time highs. A positive update on…
My top 10 things to watch Monday, Sept. 15 1. President Donald Trump implied in a social media post this morning that a TikTok deal has been reached with China, and he plans to speak with Chinese President Xi Jinping this coming Friday. Trade officials from both countries were talking in Spain over the weekend….
Check out the companies making the biggest moves in premarket trading: Tesla — CEO Elon Musk disclosed he bought $1 billion worth of shares of the EV maker on Friday, helping send the stock nearly 8% higher. Nvidia — The dominant maker of semiconductors for artificial intelligence applications shed almost 2% after China’s market regulator…
China is one of Nvidia’s largest markets, particularly for data centers, gaming and artificial intelligence applications. Avishek Das | Lightrocket | Getty Images China’s market regulator on Monday said that Nvidia violated the country’s anti-monopoly law, according to a preliminary probe, adding that Beijing would continue its investigation into the U.S. chip giant. Shares of…