timef 02/21/2025
- Coinbase says the SEC has agreed to end enforcement case against crypto exchange cnbc.com2025-02-21 21:29:58
The announcement comes as the regulator is expected to be more friendly to crypto under President Donald Trump.
- 'We felt at home': Israeli weapons firms out in force at Abu Dhabi defense expo cnbc.com2025-02-21 21:13:46
A record 34 Israeli companies exhibited at IDEX this week, the Middle East's largest defense expo hosted biennially by Abu Dhabi.
- Google, Meta execs blast Europe over strict AI regulation as Big Tech ups the ante cnbc.com2025-02-21 18:42:01
Executives at Google and Meta said that Europe's artificial intelligence industry is being held back by excessive regulation.
- DeepSeek-led AI adoption offers China an opportunity to boost its sputtering growth cnbc.com2025-02-21 15:53:41
DeepSeek's rise came as a timely confidence boost as the Chinese leadership faces a prolonged economic gloom and a brewing trade war with U.S.
- CNBC Daily Open: Alibaba shares jump and Amazon beats Walmart in quarterly revenue cnbc.com2025-02-21 15:30:02
Alibaba posted a 239% year-over-year jump in net profit in the final quarter of 2024, and Amazon’s quarterly revenue surpassed Walmart’s for the first time.
- Tony Hawk on turning down $500,000 for Pro Skater: 'The best financial decision of my life' cnbc.com2025-02-21 14:12:09
Skateboarding legend Tony Hawk once turned down half a million dollars for Pro Skater. He says it was the "best financial decision" of his life.
- Trump 'doesn't care' what happens to Ukraine, former foreign minister claims as U.S.-Kyiv relations sour cnbc.com2025-02-21 14:11:58
U.S. President Donald Trump doesn't appear to be concerned about Ukraine's post-war future, the country's former Foreign Minister Dmytro Kuleba told CNBC.
- Germany’s election will usher in new leadership — but might not turn tides for the country's struggling economy cnbc.com2025-02-21 14:11:54
Friedrich Merz has criticized Olaf Scholz on the economy, but experts question if a government led by the Christian Democratic Union would fare much better.
- Alibaba shares soar 11% in Hong Kong after stellar earnings as China's e-commerce sector recovers cnbc.com2025-02-21 10:43:56
Alibaba stocks listed in Hong Kong rose following a significant profit increase for the company in the December quarter.
- CNBC Daily Open: Alibaba surges and Amazon beats Walmart cnbc.com2025-02-21 09:29:12
Alibaba posted a 239% year-over-year jump in net profit in the final quarter of 2024, and Amazon’s quarterly revenue surpassed Walmart’s for the first time.
- Meta approves plan for bigger executives bonuses following 5% layoffs cnbc.com2025-02-21 09:22:47
Meta's executive officers could earn a bonus of 200% of their base salary under the company's new executive bonus plan, up from the 75% they earned previously.
- Japan's inflation rate climbs to 4% in January, highest in two years cnbc.com2025-02-21 07:51:24
This comes as the BOJ was revealed to have considered further rate hikes at its January meeting, warning of inflation risks and a weak yen.
- GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says cnbc.com2025-02-21 05:29:45
Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.
- Block shares fall on profit, revenue miss cnbc.com2025-02-21 05:27:43
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.
- Rivian beats Wall Street's fourth-quarter expectations, but expects lower deliveries in 2025 cnbc.com2025-02-21 05:19:34
Rivian beat Wall Street's fourth-quarter earnings expectations and achieved its first gross quarterly profit but is forecasting lower sales in 2025.
- Amazon surpasses Walmart in revenue for first time cnbc.com2025-02-21 03:06:38
Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.
- OpenAI CFO talks possibility of going public, says Musk bid isn't a distraction cnbc.com2025-02-20 23:56:10
The interview with Friar comes during a pivotal time, with the startup reportedly in talks to close a $40 billion investment from SoftBank.
