Elon Musk to interview Donald Trump after Harris taps Walz

Elon Musk to interview Donald Trump after Harris taps Walz

Elon Musk (L) and Donald Trump (R). David Swanson | Vincent Alban | Reuters Republican presidential nominee Donald Trump said he will be interviewed Monday night by Elon Musk, the billionaire who runs Tesla and SpaceX. The former president’s planned talk with Musk comes on the heels of Democratic presidential nominee and Vice President Kamala Harris … Read more

Elon Musk’s Trump support pushes a corporate customer away from Tesla

Elon Musk’s Trump support pushes a corporate customer away from Tesla

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022.  Patrick Pleul | Pool | Via Reuters European drugstore giant Rossmann announced Tuesday it will no longer buy Tesla‘s electric vehicles for its fleet, effective immediately, citing CEO Elon Musk’s pro-Trump political … Read more

UK slams Elon Musk after billionaire comments on riots

UK slams Elon Musk after billionaire comments on riots

Elon Musk attends ‘Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk’ session during the Cannes Lions International Festival Of Creativity 2024 – Day Three on June 19, 2024 in Cannes, France.  Marc Piasecki | Getty Images LONDON — The U.K. government hit back at Elon Musk after the billionaire made … Read more

Uber Q2 2024 earnings

Uber Q2 2024 earnings

Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Uber reported second-quarter results that topped Wall Street estimates on Tuesday. The stock rose about 4% in pre-market trading. Here’s how the company did for the period … Read more

Dow sheds 1,000 points, Japan stocks rebound

Dow sheds 1,000 points, Japan stocks rebound

A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to … Read more

Elon Musk PAC eyed as it supports Trump election

Elon Musk PAC eyed as it supports Trump election

The North Carolina Attorney General’s Office said Monday that it is eyeing a political action committee created by billionaire Elon Musk following a complaint to the state election board over the PAC’s collection of personal data while failing to help users register to vote as promised. The new inquiry and a similar one announced Sunday … Read more

Trump’s tech backers are wrong

Trump’s tech backers are wrong

Michael Moritz, Sequoia Capital Scott Mlyn | CNBC As leading tech investors continue to vocally take sides ahead of the 2024 presidential election, legendary venture capitalist Michael Moritz is making his preference clear. In a Financial Times opinion piece published on Monday, Moritz wrote that those in the industry who are supporting Donald Trump “are … Read more

Elon Musk’s X AI shared false election information after Biden dropped out: Officials

Elon Musk’s X AI shared false election information after Biden dropped out: Officials

Muhammed Selim Korkutata | Anadolu | Getty Images Five secretaries of state on Monday urged Elon Musk to fix his social media platform X’s artificial intelligence search assistant after it allegedly shared false information about the 2024 presidential election. The secretaries in a letter to Musk said that X’s AI chatbot Grok misled users about … Read more

Market rout punishes mega-cap tech

Market rout punishes mega-cap tech

Traders work on the floor of the New York Stock Exchange during morning trading on July 31, 2024. Michael M. Santiago | Getty Images As U.S. markets opened for trading on Monday, tech’s mega-cap companies lost about $1 trillion in market cap, deepening a downturn that sent the Nasdaq into correction territory last week. Nvidia … Read more

Nvidia, Super Micro lead AI trade carnage with stocks down over 5%

Nvidia, Super Micro lead AI trade carnage with stocks down over 5%

Sopa Images | Lightrocket | Getty Images Artificial intelligence stocks powering much of 2024’s market gains dropped Monday as U.S. recession fears sparked a global sell-off on Wall Street. The declines across the sector come after Friday’s disappointing July jobs report stoked recession concerns, and worries that the Federal Reserve is behind the curve on … Read more