‘China’s Nvidia’ Moore Threads surges over 400% on trading debut after $1.1 billion listing

‘China’s Nvidia’ Moore Threads surges over 400% on trading debut after .1 billion listing

An illustration photo shows Moore Threads logo in a smartphone in Suqian, Jiangsu Province, China on October 30, 2025. Cfoto | Future Publishing | Getty Images Shares of Moore Threads, a Beijing-based graphics processing unit (GPU) manufacturer often referred to as “China’s Nvidia,” soared by more than 400% on its debut in Shanghai following its … Read more

Supreme Court revives pro-Republican Texas voting map

Supreme Court revives pro-Republican Texas voting map

The U.S. Supreme Court revived on Thursday a redrawn Texas electoral map designed to add more Republicans to the U.S. House of Representatives, boosting President Donald Trump’s quest for his party to keep control of Congress in the 2026 midterm elections. The justices granted a request by Texas officials to lift a lower court’s ruling that had blocked the state from using the Trump-backed map, which could … Read more

SoFi’s stock drops on $1.5 billion share sale announcement

SoFi’s stock drops on .5 billion share sale announcement

Anthony Noto, CEO of SoFi, speaking with CNBC at the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 10th, 2025. David A. Grogan | CNBC SoFi shares fell almost 6% in extended trading Thursday after the fintech company announced a $1.5 billion stock offering. The company, which provides online … Read more

Costco adds Biden Commerce Sec. Gina Raimondo to board on heels of Trump tariff lawsuit

Costco adds Biden Commerce Sec. Gina Raimondo to board on heels of Trump tariff lawsuit

US Commerce Secretary Gina Raimondo speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024. Mandel Ngan | AFP | Getty Images Read more CNBC politics coverage “We are very pleased to nominate Secretary Raimondo for election to our Board,” Costco Chairman Tony … Read more

Apple announces departure of general counsel and policy chief

Apple announces departure of general counsel and policy chief

Lisa Jackson, senior vice president of environment, policy and social initiatives at Apple Inc., speaks during the TechCrunch Disrupt 2017 in San Francisco, California, U.S., on Tuesday, Sept. 19, 2017. David Paul Morris | Bloomberg | Getty Images Apple’s general counsel, Kate Adams, and its vice president for environment, policy, and social initiatives, Lisa Jackson, … Read more

New York Times sues Defense Sec. Pete Hegseth over restrictive Pentagon media rules

New York Times sues Defense Sec. Pete Hegseth over restrictive Pentagon media rules

The New York Times building is seen on September 16, 2025 in New York City. Michael M. Santiago | Getty Images The New York Times on Thursday filed a lawsuit challenging new restrictions on reporters who cover the Pentagon, which the newspaper says violate the U.S Constitution’s free press protections. The suit against the Defense … Read more

Congressional watchdog probes Trump FHFA chief Bill Pulte

Congressional watchdog probes Trump FHFA chief Bill Pulte

The Government Accountability Office, a congressional watchdog, has opened an investigation of Federal Housing Finance Authority Director Bill Pulte, who has acted as a leading attack dog for President Donald Trump this year. The probe was requested by a group of Senate Democrats on Nov. 17. “I can confirm that GAO has accepted this request … Read more

Paramount questions Warner Bros. Discovery on ‘fairness and adequacy’ of sale process: Read the full letter

Paramount questions Warner Bros. Discovery on ‘fairness and adequacy’ of sale process: Read the full letter

A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty Images Paramount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness … Read more

Nvidia has a cash problem — too much of it

Nvidia has a cash problem — too much of it

When Nvidia this week said it would take a $2 billion stake in chip design company Synopsys, it was just the latest in a string of massive investments announced by the chipmaker this year. Nvidia has also said it would take a $1 billion stake in Nokia, invest $5 billion in Intel and $10 billion … Read more

FBI arrests suspect in Jan. 6 pipe bomb case: MS NOW

FBI arrests suspect in Jan. 6 pipe bomb case: MS NOW

A surveillance photo released by the FBI shows a person in Washington, U.S., January 6, 2021. The FBI issued a notice, which features this surveillance photo, requesting information on person(s) responsible for pipe bombs left at the Republican National Committee (RNC) and Democratic National Committee (DNC) headquarters. FBI | Reuters The FBI on Thursday morning … Read more