timef 07/11/2025
- Nvidia's Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth cnbc.com2025-07-11 22:13:50
Nvidia CEO Jensen Huang has caught up to Berkshire Hathaway's Warren Buffett in net worth, according to analysis from Fortune and Bloomberg.
- Tesla to officially launch in India with planned showroom opening cnbc.com2025-07-11 20:03:25
Tesla has had its eye on India for a while, and the automaker has now stepped up efforts to launch locally.
- This 'quiet luxury' Italian brand is shaking off tariff woes as sales jump cnbc.com2025-07-11 19:42:32
Brunello Cucinelli also pointed to a solid start to July and confirmed its outlook for around 10% sales growth in 2025 and 2026.
- Bitcoin flies to new all-time highs, topping $118,000 as institutions pile into ETFs cnbc.com2025-07-11 19:19:15
Bitcoin and ether ETFs saw their second biggest day of inflows ever as investors built on this week's rally and pushed prices to new records overnight.
- China's deflationary slide is worsening as companies spiral into price wars cnbc.com2025-07-11 17:57:55
From coffee to cars to real estate, there's a recurring pattern in China — companies rush into an industry, then resort to discounts to stay afloat.
- U.S. tariffs take center stage but China and the EU are quietly clashing cnbc.com2025-07-11 17:51:41
Trade tensions between the Beijing and Brussels have long been simmering, but now appear to be heating up.
- China's 'instant commerce' price war sees $0.30 drinks and billions in subsidies doled out cnbc.com2025-07-11 16:41:08
China's 'instant commerce' sector is experiencing a cut-throat price war with companies launching massive subsidy programs and other promotions.
- Grok 4 appears to seek Elon Musk’s views when answering controversial questions cnbc.com2025-07-11 15:47:35
XAI's Grok 4 AI chatbot launched Wednesday appears to consult Elon Musk's views when asked its opinion on some controversial matters.
- CNBC Daily Open: The battleground for Fed chair might have shifted to renovations from rates cnbc.com2025-07-11 14:30:01
Donald Trump's budget chief accused Jerome Powell of shooting over the budget to renovate the Fed's headquarters by roughly $700 million.
- UK economy contracts again in May, missing expectations for slight rebound cnbc.com2025-07-11 14:12:48
Growth figures came in worse than many economists anticipated.
- The palace, the protests and the red carpet: How OPEC’s seminar played out cnbc.com2025-07-11 14:09:59
OPEC+ ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week. Here’s what you missed.
- Trump's 200% tariff threat leaves pharma firms scrambling with scenario planning cnbc.com2025-07-11 13:34:55
A 200% tariff rate — even with a delay — will have a detrimental effect on drug prices and profit margins, analysts warn.
- Norway’s Tesla obsession defies Europe’s Musk backlash cnbc.com2025-07-11 13:08:57
Tesla continues to find solace in EV-friendly Norway despite a sustained sales slump across the rest of Europe.
- This CEO's startup has raised $92 million and is backed by Sundar Pichai. He shares his 'superpower' tip for aspiring entrepreneurs cnbc.com2025-07-11 12:08:49
"Start meditating," said CEO of Arta Finance, Caesar Sengupta. The startup journey is full of ups and downs, so being able to ground yourself is a "superpower."
- CNBC Daily Open: Building renovations might be another front in Trump's attacks on Powell cnbc.com2025-07-11 09:32:36
Donald Trump's budget chief accused Jerome Powell of shooting over the budget to renovate the Fed's headquarters by roughly $700 million.
- Trump announces 35% tariffs on Canada starting Aug. 1 cnbc.com2025-07-11 09:26:10
U.S. President Donald Trump announced a 35% tariff on Canadian imports, starting Aug. 1, over the country's role in fentanyl flow, retaliatory tariffs.
- Asians are avoiding trips to the U.S. this year — for a variety of reasons cnbc.com2025-07-11 07:18:07
Tariffs and border detentions are prompting some travelers to avoid the U.S. this year. But many in Asia say they're more concerned about safety than politics.
- Trump to host Jensen Huang at White House as Nvidia tops $4 trillion market cap cnbc.com2025-07-11 04:22:57
Nvidia has been grappling with export controls on its AI chips implemented by the Trump administration in April for national security reasons.
- White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation cnbc.com2025-07-11 03:30:33
President Donald Trump has repeatedly called on Federal Reserve Chairman Jerome Powell to slash interest rates.
- Microsoft Outlook hit with hours-long outage cnbc.com2025-07-11 01:14:28
Microsoft's Outlook email service was down for Outlook.com as well as Outlook mobile apps and desktop programs.
- Amazon warehouse workers lose jobs after Trump's immigration crackdown: 'We have done everything legally' cnbc.com2025-07-11 00:42:56
Last month, Amazon began asking staffers who came to the U.S. under humanitarian immigration programs to provide updated work permits.
