timef 08/25/2025

Two of Elon Musk's companies sued Apple and OpenAI on Monday, accusing the pair of an "anticompetitive scheme" to thwart AI rivals.

Nvidia's Jetson AGX Thor robotics chips are now on sale for $3,499 as a developer kit.

President Donald Trump called the agreement "a great Deal for America" and said the building of advanced chips "is fundamental to the future of our Nation." 

Trump on Monday boasted about the government's new stake in Intel and said he's determined to do more similar deals.

Nvidia's business started transforming two years ago, as demand for processors to power AI workloads transformed the chipmaker.

"The state-owned developers will end up running the entire industry," Brian McCarthy, managing principal at Macrolens, told CNBC.

The U.S. last week ordered the company to halt construction of an almost completed project.

European markets were set to start the day lower on Monday.

A glimpse of a shadow of a suggestion that the Fed might start lowering interest rates again was enough to send U.S. stocks surging and Treasury yields falling.

After its planned acquisition of Dutch coffee company JDE Peet's, Keurig Dr Pepper will split its beverage and coffee units into two separate U.S.-listed firms.

Many workers are staying put in their jobs, while businesses are putting the brakes on hiring or firing.

This was lower than the 0.7% expected by economists polled by Reuters, and was also below the 0.8% seen in June.

Shares of China's Dongfeng Motor Group skyrocketed after its parent company announced on Friday plans to take the automaker private at a premium. 

Airlines are moving from reservation system operators to modern digital retailers that function more like Amazon and Spotify, Flyr CEO Alex Mans told CNBC Friday.

The rally comes in large part after the company unveiled its latest ES8 SUV on Aug. 21.

A glimpse of a shadow of a suggestion that the Fed might start lowering interest rates again was enough to send U.S. stocks surging and Treasury yields falling.

U.S. equity futures were little changed in early Asia hours, as investors await artificial intelligence darling Nvidia's earnings.

Ether rose to a new record over the weekend, after hitting an all-time high Friday for the first time since 2021.

Renewable power executives say difficulty getting permits, rising costs due to tariffs and the end of key tax credits are making it tough to plan.

SpaceX holds $22 billion in government contracts, according to the company, with NASA and the Department of Defense among its largest customers.

Eli Lilly's orforglipron could have a few advantages over a pill from Novo Nordisk, including a lack of dietary restrictions and easier manufacturing.