Why Amazon, Tesla and Microsoft are investing in AI-powered robots

Why Amazon, Tesla and Microsoft are investing in AI-powered robots

AI-powered robots are popping up across Silicon Valley. If some industry experts are right, they could help solve a global labor shortage. Companies like Tesla, Amazon, Microsoft and Nvidia have plowed billions of dollars into what are known as “humanoid” robots. These machines typically stand on two legs, and are designed to perform tasks meant … Read more

French left-wing shock victory, Boeing guilty plea

French left-wing shock victory, Boeing guilty plea

Traders work on the floor of the New York Stock Exchange, June 14, 2023. Spencer Platt | Getty Images 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 … Read more

CNBC Daily Open: French far-right advance blocked

CNBC Daily Open: French far-right advance blocked

Unexpected far-left victory in French run-off, estimates project, S&P 500 hits 34th record close, bitcoin sinks on Mt. Gox refund Angela Weiss | AFP | Getty Images 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 … Read more

Stop worrying and learn to love the triumph of Big Tech

Stop worrying and learn to love the triumph of Big Tech

If you still doubt the power that the biggest stocks have over this market, Friday’s performance should dispel it: Meta Platforms added $29.95, or 5.8%, bumping its gain this year to more than 52.8%. Amazon rallied $2.41, or 1.2%, and is now up roughly 31.6% in 2024. Alphabet increased $4.78, or 2.5%, for a year-to-date … Read more

Tesla shares wipe out loss for the year with 27% rally this week

Tesla shares wipe out loss for the year with 27% rally this week

Elon Musk attends “Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk” during the Cannes Lions International Festival Of Creativity 2024 – Day Three in Cannes, France, on June 19, 2024. Marc Piasecki | Getty Images Tesla’s stock price rose enough on Friday to wipe out its loss for the year … Read more

UK Labour landslide election victory

UK Labour landslide election victory

Traders work on the floor of the New York Stock Exchange during morning trading on April 29, 2024. Michael M. Santiago | Getty Images News | Getty Images 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 … Read more

UK Labour landslide victory, exit poll says

UK Labour landslide victory, exit poll says

An exchange trader at the Frankfurt Stock Exchange looks at his monitors. Boris Roessler | Picture Alliance | Getty Images 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? … Read more

Tesla short sellers lost $3.5 billion in two days after Q2 deliveries

Tesla short sellers lost .5 billion in two days after Q2 deliveries

An electric vehicle of the model Y is pictured during the start of the production at Tesla’s “Gigafactory” on March 22, 2022 in Gruenheide, southeast of Berlin. – US electric car pioneer Tesla received the go-ahead for its “gigafactory” in Germany on March 4, 2022, paving the way for production to begin shortly after an … Read more

China EVs hit with EU tariffs; Nio says it may have to raise prices

China EVs hit with EU tariffs; Nio says it may have to raise prices

The European Union on Thursday confirmed its decision to hike tariffs on electric vehicles imported from China — with one automaker issuing fresh warnings that it may have to raise prices as a result. The European Commission, the executive arm of the European Union, announced plans for such levies in June after concluding in an … Read more

Tesla powers S&P 500, Nasdaq to record highs

Tesla powers S&P 500, Nasdaq to record highs

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. Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, … Read more