AST SpaceMobile, Verizon partner on satellite internet

The company’s Block 1 BlueBird satellites undergoing thermal vacuum testing in preparation for launch. AST SpaceMobile Satellite-to-phones service provider AST SpaceMobile announced a partnership with Verizon on Wednesday, adding to the company’s recent deal with AT&T to provide remote coverage across the United States. AST SpaceMobile is building satellites to provide broadband service to unmodified … Read more

Texas Republican convention splits with corporate sponsors

Texas Governor Greg Abbott and former President Donald J. Trump attend a security briefing with state officials and law enforcement at the Weslaco Department of Public Safety DPS Headquarters before touring the US-Mexico border wall on Wednesday, June 30, 2021 in Weslaco, TX. Jabin Botsford | The Washington Post | Getty Images Abraham George is … Read more

Chubb is Warren Buffett’s Berkshire Hathaway secret stock pick

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024.  CNBC Warren Buffett finally revealed his secret stock pick in a new regulatory filing, and it’s insurer Chubb. His conglomerate Berkshire Hathaway has bought nearly 26 million shares of Zurich-based Chubb for a stake worth $6.7 billion. The … Read more

Peacock, Netflix and Apple TV+

Comcast said Tuesday it will introduce a streaming bundle for its cable, broadband and mobile subscribers, tying together Peacock, Netflix and Apple TV+ at a discounted rate. The announcement, made Tuesday at the MoffettNathanson media conference in New York, comes as major media players increasingly join forces to drive value for users and subscriptions for … Read more

Earnings from Tesla, Merck and Big Tech

CNBC Investing Club with Jim Cramer Rob Kim | NBCUniversal CNBC’s Jim Cramer on Friday noted that major quarterly results from players like Verizon, Meta, Microsoft and Alphabet will be coming next week, but he zeroed in on the importance of the Personal Consumption Expenditures index because it is the real gauge of inflation. Cramer said the … Read more

Telcos are barely done rolling out 5G networks — and they’re already talking about ‘5.5G’

You probably remember mobile operators raving about the promise of 5G several years ago. Now, they’re getting excited about a new upgrade: 5G Advanced. Angel Garcia | Bloomberg | Getty Images BARCELONA, Spain — Telecom operators haven’t yet finished rolling out 5G wireless mobile networks. And yet bosses of major carriers are already talking about … Read more

Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | 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 can subscribe here. What you need to know today  Markets positive Wall Street … Read more

5 things to know before the stock market opens Friday

Here are the most important news items that investors need to start their trading day: 1. Rocketing to records 2. To the moon As the new space race rolls on, Thursday brought another historic moment to the final frontier. Intuitive Machines became the first company to land on the moon when its IM-1 mission touched … Read more

The U.S. economy seems to be holding up

People shop at a retail store in Manhattan, New York City, on Jan. 5, 2024. 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? … Read more

The U.S. economy is humming along

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 know today  Wall Street surgesThe S&P 500 soared to new highs on Thursday … Read more