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The Latest Breaking News from CNBC

DeepSeek Accused of Using Smuggled Nvidia Chips — Sparks Controversy in AI Race

Chinese AI company DeepSeek is accused of smuggling Nvidia chips to power newer AI models, but the spotlight is how this impacts the AI race.

International Business Times UK

Tesla's Full Self-Driving Blew Me Away. I Still Wouldn't Buy It

In the seven years since I last reviewed it, Tesla Autopilot and 'Full Self-Driving (Supervised)' have come a long way. But its biggest issue has gotten worse.

InsideEVs

'Billionaires Won't Save You,' Says Jim Cramer. 'They're Out For Themselves' And 'Never Apologize For Their Negativity'

Jim Cramer wants you to stop expecting billionaire investors to help you build wealth. “Billionaires won't save you—they're out for themselves,” he wrote for CNBC.com recently.

Benzinga

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'Cash Is Still King': Paramount CEO David Ellison Throws $108 Billion All-Cash Bid To WBD Shareholders

In a move that upended the media landscape, Paramount Skydance Corp. (NASDAQ:PSKY) officially launched a hostile, all-cash tender offer for Warner Bros. Discovery, Inc. (NASDAQ:WBD) on Monday.

Benzinga

The EV Tax Credit Died And Took New Car Affordability With It

New car prices are turning away buyers: gas and electric. Plus, Hyundai's self-driving chief is reportedly out, and GM is looking at technology in a new light.

InsideEVs

Apple Chip Chief Considers Exit, Tim Cook's AI Reset And More: This Week In Appleverse

It was a week of significant developments for Apple Inc. (NASDAQ:AAPL) and its rivals. The potential departure of a top executive, a strategic reset, a key legal appointment, and a foldable phone war were among the major stories.

Benzinga

What Does Buffett’s Berkshire Latest Buy Say About the AI Bubble?

Warren Buffett's latest move, loading up Berkshire Hathaway shares in Alphabet, directly signals how he views a potential AI bubble today.

GOBankingRates

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Ray Dalio Once Had To Borrow $4,000 From His Dad To Make Ends Meet, But Says It Was 'The Best Thing That Ever Happened' To Him: Here's Why

Bridgewater Associates founder Ray Dalio recently recalled a moment that he says nearly wiped him out financially, but eventually made him a better investor and boss.

Benzinga

Jan. 6 Pipe Bomber Could Have Been Caught in 2022: Sources Reveal Evidence Sat Unexamined for Years

Brian Cole Jr. was arrested for the Jan. 6 pipe bombs after FBI evidence sat unexamined since 2022. Virginia man, 30, could have been caught years earlier.

International Business Times UK

Paramount fumes that Warner Bros. Discovery sale process is ‘unfair’ as Netflix jumps into the lead

While Paramount chief David Ellison thought he had a ‘Trump card’ in his bid to purchase Warner Bros. Discovery, it appears he is growing less confident that he’ll add the studio giant to his growing media empire.

The Independent UK

'Just Beginning,' Awardco Founder On The Superpower That Allowed Him To Build A $1 Billion Business

Awardco co-founder and CEO Steve Sonnenberg says there's one thing that took his company from side hustle to $1 billion business: the ability to just get started.

Benzinga

AI Isn't Just Replacing Workers. It Is Also Making College Degrees Less Valuable And Can Leave Recent Graduates With 'Long-Lasting Scars For Decades'

Artificial intelligence has been replacing workers, and that can make colleges less valuable. CNBC detailed in a video released on YouTube that covers how AI is impacting recent graduates and how it can affect the economy.

Benzinga

AI Infrastructure Races Will Be 'Intense' In 2026, Says Google Executive. 'We Must Double Every Six Months.'

Google will need to double its serving capacity every six months in order to keep up with AI demand, a company executive told employees in an all-hands meeting earlier this month, CNBC reports.

Benzinga

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Benzinga

Kevin O'Leary Says When He Rolled Up in His New Porsche, His Wife Mocked Him for Looking Like Every Other Bald Man in a Sports Car But He Didn't Care

Kevin O'Leary's money philosophy might be built on cold, hard numbers—but even "Mr. Wonderful" has a soft spot for flashy splurges and ridiculous regrets.

Benzinga

Macy's CEO Warns About 'Choiceful' Customers Creating Holiday Uncertainty

Macy’s Inc (NYSE:M) stock fell Wednesday even as the retailer delivered stronger sales, profit and comparable growth.

Benzinga

Why Softbank CEO Was 'Crying' Over Selling Nvidia Stake

Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) founder Masayoshi Son admitted he sold the company’s entire Nvidia Corp. (NASDAQ:NVDA) stake only out of necessity.

Benzinga

Jim Cramer Mocks IREN's Dilution As Unnecessary, While Bulls Jackson, Boloor Hail 'Carvana-Style' Balance Sheet Cleanup

IREN Ltd.'s (NASDAQ:IREN) announcement of a massive $2 billion convertible note offering triggered a fierce debate among high-profile market commentators. While CNBC's Jim Cramer ridiculed the financing as unwanted dilution, prominent tech investors are defending the move as a strategic “masterstroke” essential for long-term survival.

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Fortune

What CEOs say about AI and what they mean about layoffs and job cuts: Goldman Sachs peels the onion

“Companies that have discussed AI in the context of their workforce have cut their job openings more sharply this year,” economist Ronnie Walker found.

Benzinga

Dan Ives Sees 1 Trillion Future For Palantir Over 2 To 3 Years, Says Alex Karp-Led Company 'Playing A Different Game'

Tech stocks could see another year of double-digit gains, according to Wedbush analyst Dan Ives, who predicts another rally led by advances in artificial intelligence.

Benzinga

Nvidia Stock Bounces Back: What's Going On?

NVIDIA Corp (NASDAQ:NVDA) shares are trading higher on Monday. CEO Jensen Huang provided commentary on recent AI concerns after the company announced an expanded partnership with Synopsys Inc (NASDAQ:SNPS), aimed at reshaping the design and engineering industries.

Fortune

Trump’s new tax policies will cut the wealthy’s philanthropy by over $4 billion—and middle-class donors can't match the donations of MacKenzie Scott

Mega-donors like MacKenzie Scott and Melinda French Gates are funneling hundreds of millions of dollars into charitable causes, but Trump’s new tax policies could put billionaire giving in jeopardy.

Benzinga

Nvidia Just Earned A Massive 41% Price Target Boost From Morgan Stanley — Broadcom Also Raised As AI Frenzy Accelerates

Morgan Stanley has raised its price targets for Nvidia Corporation (NASDAQ:NVDA) and Broadcom Inc (NASDAQ:AVGO), citing the ongoing momentum in artificial intelligence (AI).

Benzinga

Jim Cramer's '10 Stocks To Own For The Future' In 2000 Cost This Redditor A Decade Of Retirement, Says Having To Work 10 More Years Was 'Painful'

A Reddit user slammed Jim Cramer’s stock picks at the peak of the Dot-Com bubble, saying that the CNBC host’s suggestions cost him a decade of retirement.

Benzinga

From 'The Simple Life' To 11:11 Media, Paris Hilton Has Built Her Personal Brand By Focusing On These Two Things

Paris Hilton has been a household name since the premiere of her reality TV show, "The Simple Life," in 2003. Now, a serial entrepreneur and the founder and CEO of global media brand 11:11 Media, Hilton has managed to leverage her personal brand into serious success by focusing on two…

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