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Key AI hub China restricts schoolchildren's use of the tech

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China is restricting how much children can use generative artificial intelligence in schools, according to a local release citing the Ministry of Education.

Alibaba shares drop 5% in premarket trading after big profit miss

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Alibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line.

Assassin's Creed maker Ubisoft plunges 18% as outlook fails to impress

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Ubisoft, which is behind the "Assassin's Creed" franchise, said it sees net bookings for the current fiscal year being "stable" year-on-year

Trump says he doesn't want Apple building products in India: 'I had a little problem with Tim Cook'

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Apple has been ramping up production in India with the aim of making around 25% of global iPhones in the country in the next few years.

India approves Apple-supplier Foxconn's $433 million joint venture in bid to boost chip industry

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Foxconn, a key supplier for Apple, has received approval from the Indian government to build a $433 million semiconductor plant as part of a joint venture.

Tencent bets on 1.4 billion user WeChat empire to get ahead in China's AI race

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Tencent President Martin Lau said the company could create a "differentiated" AI agent through WeChat, the popular messaging app in China.

Putin and Trump leave Zelenskyy in the dust, skipping peace talks in Turkey

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Neither Russian President Vladimir Putin nor U.S. President Donald Trump look likely to attend peace talks that were due to be held in Turkey on Thursday.

Group of 21 economies — including U.S. and China — warns of growth slowdown over trade tensions

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The Asia Pacific Economic Cooperation forecasts growth to drop to 2.6% in 2025, from 3.6% in the prior year.

Trump’s push to break China’s mineral dominance paves the way for a deep-sea gold rush

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"The thing that people have missed is that there is zero chance that this will not happen," Gerard Barron, CEO of The Metals Company, told CNBC by video call.

Denmark's economy is booming on drug exports — Trump's tariffs threat won't slow it down

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Denmark's economic growth, which was driven by what economists described as an "exceptional surge" in pharmaceutical exports, is expected to weaken this year.

The world's best airport is building a mega terminal to ride the travel boom in Asia

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Changi's Terminal 5 is just the latest instance of countries around Asia splurging on their airports so as to capture the fast growing travel market in Asia.

He lives in Thailand but 'supercommutes' to Singapore—living off what he makes from 3 hours a week

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It took a layoff to make Shao Chun Chen realize he was financially independent in early 2024, giving him the flexibility to change his life.

CNBC Daily Open: Nvidia is back in the green amid Trump's dealmaking

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The "Magnificent Seven" group of stocks was among the hardest hit by U.S. President Donald Trump’s tariffs.

Steve Cohen says stocks could retest their April lows, sees a 45% chance of recession

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Cohen's comments came after the U.S. and China suspended reciprocal tariffs pending a 90-day negotiating period, which sparked a sharp rally in stocks.

Musk's xAI chatbot Grok keeps randomly responding about ‘white genocide’ in South Africa

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Elon Musk’s xAI chatbot Grok is posting about 'white genocide' and South Africa

Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women's team

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Ohanian's Chelsea deal values Chelsea FC Women at 200 million pounds, according to a person familiar with the deal.

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO

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CoreWeave's revenue growth slowed down from the feverish pace in 2024, but is still benefiting from the artificial intelligence boom.

Trump administration's next wave of China AI chip export rules are yet another obstacle for Nvidia

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President Donald Trump has continued to voice his desire for the U.S. to remain an AI leader while trying to keep top tech out of the hands of China.

Nvidia turns positive for 2025, third 'Magnificent 7' member to do so as favored group regains groove

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The AI stock's recent rally has pulled shares above flat on the year.

Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old

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"I didn't really start getting old ... until I was about 90," Buffett said. "But when you start getting old, it does become—it's irreversible."

Cisco reports earnings and revenue beat, issues better-than-expected forecast

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Cisco exceeded estimates for the latest quarter and offered guidance that was also ahead of analysts' predictions.

Netflix says its ad tier now has 94 million monthly active users

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Netflix also touted the success of ads on its platform and said its cheapest tier reaches more 18- to 34-year-olds than any U.S. broadcast or cable network.

New York AG sues Capital One after Trump-led CFPB drops similar case

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New York Attorney General Letitia James sued Capital One, accusing it of "cheating" customers out of millions of dollars, after the CFPB dropped a similar suit.

Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range

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EToro raised almost $310 million in its initial public offering late Tuesday, selling shares above its expected range.

Stocks making the biggest moves midday: Oklo, eToro, Super Micro Computer, Nvidia, JD.com and more

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These are the stocks posting the largest moves in midday trading.

Databricks is buying database startup Neon for about $1 billion

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Databricks, one of the most highly valued tech startups, is using some of its fresh capital for acquisitions.

Boeing strikes 'largest-ever' 787 jet order with Qatar Airways, White House says

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Boeing and GE Aerospace secured a $96 billion agreement to sell Qatar Airways up to 210 aircraft, the White House said.

WBD is renaming streamer Max as HBO Max, again

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The change comes as Warner Bros. Discovery seeks to scale back its volume of content and focus on quality programming and storytelling.

AMD announces $6 billion buyback; shares climb 6%

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The authorization is in addition to $4 billion in existing approved share repurchases, the company said.

Video podcasts are having a moment at media upfronts

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Podcasts, which are increasingly more popular as videos, are taking the stage at media companies' annual pitch to advertisers this year.

Why Americans pay so much more for prescription drugs

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President Donald Trump's latest bid to slash prescription drug prices has once again stirred heated debate about the high costs paid by U.S. patients.

Stocks making the biggest moves premarket: Nvidia, Super Micro, American Eagle Outfitters, UnitedHealth and more

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These are some of the stocks posting the largest moves in premarket trading.

Mortgage demand from homebuyers continues to recover, even with higher interest rates

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After falling for most of April, homebuyer mortgage demand rose for the second straight week, as buyers are enticed by more inventory.

Minerals for muscle? Why Trump's Ukraine resources deal could be a sign of things to come

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Critical minerals refer to a subset of materials considered essential to the energy transition.

Baidu's robotaxi unit plans Europe expansion

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Chinese tech company Baidu's Apollo Go robotaxi business plans to expand to Europe this year, according to a source familiar with the matter.

AI research takes a backseat to profits as Silicon Valley prioritizes products over safety, experts say

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Tech companies are focusing on AI products over research, say industry experts, who are sounding the alarm about safety.

Chinese startup Pony.ai reports first robotaxi fire, no injuries

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Electric cars such as those from Tesla, which is trying to develop its own robotaxi, have previously caught blaze.

'I like you too much': Trump and Saudi Crown Prince bask in their friendship during Riyadh visit

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Attendees of the U.S.-Saudi Investment Forum included scores of the world's most powerful CEOs, among them Elon Musk, Jensen Huang and Larry Fink.

Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges

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Tencent on Wednesday reported an annual rise in its top and bottom line in the first quarter fuelled by accelerated growth in its key gaming business.

Trump meets Syrian leader in Saudi Arabia the day after announcing end of U.S. sanctions

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U.S. President Donald Trump met with Syrian leader Ahmed al-Sharaa in Saudi Arabia before heading to Qatar on Wednesday, the White House said.

CNBC's The China Connection newsletter: U.S.-China relations have changed

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The world got a taste of an effective U.S.-China trade embargo, and there's no going back.

CNBC Daily Open: U.S. April inflation assuages fears over tariff-related price jumps

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The U.S. Federal Reserve in May warned that America is facing an increased risk of stagflation. Inflation data for April somewhat assuages that fear.

Embattled Burberry announces new turnaround steps even as sales fall less than expected

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Burberry on Wednesday announced a slew of organization changes, amid continued turnaround efforts at the embattled luxury house.

The UK wants to crack down on foreign workers. Businesses worry Brits can't — or won't — fill the labor gap

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British businesses are warning the U.K. government that plans to tighten immigration rules on foreign workers will lead to labor shortages.

Sony shares rise about 2% in volatile trading following share buyback announcement

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Sony shares rose about 2% on Wednesday after the company announced a 250 billion yen share buyback and operating income beat estimates.

Why the wealthy can't find enough people to manage their money

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The talent crunch is not just owed to a lack of qualified candidates — it's also selectivity on the part of family offices.

Samsung Electronics to acquire heating and cooling solutions provider FläktGroup for 1.5 billion euros

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Samsung Electronics on Wednesday said it would acquire German-based FläktGroup, a leading heating and cooling solutions provider, for 1.5 billion euros.

CNBC Daily Open: Tame inflation in April banishes stagflation threat for now

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The U.S. Federal Reserve in May warned that America is facing an increased risk of stagflation. Inflation data for April somewhat assuages that fear.

Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut

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Israel-based stock brokerage platform eToro said it has priced shares for its IPO at $52, which would value the company at about $4.2 billion

Fintech company Chime files for Nasdaq IPO

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An initial public offering from Chime could help to attract more companies to public markets.