timef 10/08/2025
- Bank of England warns of 'sharp market correction' if AI bubble bursts cnbc.com2025-10-08 21:28:08
The Bank of England has warned that risk of a sharp market correction has increased, amid stretched AI-related valuations.
- Nvidia's Huang says he's surprised AMD offered 10% of the company in 'clever' OpenAI deal cnbc.com2025-10-08 21:22:34
The deal includes a warrant for OpenAI to buy up to a 10% stake in AMD.
- Nvidia's Huang says AI computing demand is up 'substantially' in the last 6 months cnbc.com2025-10-08 21:15:48
The scale of Nvidia's plans have raised doubts about whether the AI industry can secure the power needed to fuel its ambitions.
- Cocoa prices plunge to 20-month low — but investment banks warn ‘extreme’ sell-off could create problems cnbc.com2025-10-08 21:00:55
Cocoa futures extended losses this week after moving sharply lower.
- Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge cnbc.com2025-10-08 20:08:13
AST SpaceMobile announced a deal with Verizon to provide service from space beginning next year.
- France's crisis takes an unexpected turn as Macron's allies defy him cnbc.com2025-10-08 19:48:39
The most notable criticism has come from former Prime Minister Gabriel Attal, once Macron's protégé.
- Auto giant shares tumble as European Union's new steel tariffs spark industry panic cnbc.com2025-10-08 18:03:10
Shares of Europe’s biggest automakers fell on Wednesday, amid industry concern about the impact of the European Union’s new steel import quota plan.
- CNBC's The China Connection newsletter: Venture capitalist who spotted Pop Mart early reveals his China playbook cnbc.com2025-10-08 17:38:53
Black Ant Capital has drawn attention from global investors with early investment in some of China's most talked-about consumer plays: Pop Mart, Laopu Gold and BusyMing.
- Anthropic to open first India office as rival OpenAI boosts presence in the country cnbc.com2025-10-08 17:17:33
AI adoption among both consumers and businesses is expected to ramp up quickly in India. Amazon-backed Anthropic wants to be involved.
- Steel industry in UK warns of 'biggest crisis' ever as EU hikes tariffs cnbc.com2025-10-08 15:05:25
The tariffs hike provoked an immediate outcry in the U.K., and automakers in Europe are not too pleased, either.
- CNBC Daily Open: Gold: Earthlings' favorite element cnbc.com2025-10-08 14:53:38
Martians may be scratching their head, but earthlings are not, and are scrambling over one another for the glittery stuff.
- SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play cnbc.com2025-10-08 14:27:29
SoftBank Group on Monday said it had agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion.
- European markets set for lackluster open amid a difficult week for the region cnbc.com2025-10-08 13:46:47
European stocks are expected to hover around the flatline at the open on Wednesday as markets lack direction during a difficult week.
- CNBC's UK Exchange newsletter: The U.K.’s labor market conundrum – and where to look for clues cnbc.com2025-10-08 13:28:26
The U.K.'s labor market is a complex one, and economists are finding it harder to decipher what is going on.
- France's political chaos throws its soaring debt and deficit into the spotlight cnbc.com2025-10-08 13:17:15
Sébastien Lecornu is France's latest prime minister who has tried — and failed — to fix the country's budget deficit and debt problem.
- New Zealand delivers outsized cut, bringing policy rate to over 3-year low in bid to boost growth cnbc.com2025-10-08 10:55:13
The RBNZ said the decision was due to "significant spare capacity" in the economy, pointing out that economic activity was weak in the middle of 2025.
- CNBC Daily Open: Gold skeptics are from Mars, investors are from Earth cnbc.com2025-10-08 09:11:22
Martians may be scratching their head, but earthlings are not, and are scrambling over one another for the glittery stuff.
- Asia markets set to open higher after World Bank raises regional growth forecast cnbc.com2025-10-08 07:51:04
Mainland China and South Korean markets are closed for the holidays.
- Jensen Huang explains why Nvidia's latest partnership with OpenAI is different cnbc.com2025-10-08 06:53:21
In a interview with CNBC's Jim Cramer on Tuesday, Nvidia CEO Jensen Huang discussed his company's new deal with ChatGPT maker OpenAI.
- Tesla prices Model Y standard below $40,000, debuting more affordable vehicle cnbc.com2025-10-08 05:07:08
Tesla's Model Y standard SUV is priced just under $40,000 and Model 3 standard sedan around $37,000.
- Gold prices keep rising, and jewelry companies are sounding the alarm cnbc.com2025-10-08 01:33:59
Some jewelry companies who aim to offer gold pieces at lower price points are beginning to sound the alarm on higher prices for the precious metal.
- Billionaire tech investor Orlando Bravo says 'valuations in AI are at a bubble' cnbc.com2025-10-08 00:41:58
One key difference between the dotcom bubble and today, Bravo said, is that big companies with healthy balance sheets are financing tech startups.
- Oracle stock slips 5% on report company is seeing thin cloud margins from Nvidia chips cnbc.com2025-10-08 00:06:04
Oracle had 14% gross margins on $900 million in sales in its Nvidia cloud business in the three months ending in August, according to the report.
