Author: Editor-In-Chief
U.S. President Donald Trump speaks to reporters before boarding Marine One as it departs the White House for Joint Base Andrews, Maryland, en route to Fort Myers, Florida, on the South Lawn of the White House on October 23, 2026 in Washington, DC, USA.Evan Vucci | ReutersUS President Donald Trump says he is deciding whether to “make a deal” or “end a deal” with Iran as investors consider rising tensions across the Middle East.”Can we get it done very easily or do we make a deal? It’s time to make a decision,” Trump said in a Fox News interview on…
“They put him in a car and forced him to sign a contract…” “Currently he is listed as a missing person…I do not fully accept that he is likely already dead.” “It’s a paralyzing fear.” These are all quotes from people who say they have personal experience of forced conscription in Russia. Their stories, told directly to CNN and corroborated by a growing number of accounts from human rights groups, individuals and social media, paint a picture of the quiet changes underway in Russia’s war recruitment machine, now in its fifth year. We are hiding their identities for fear of…
October 21, 2026 Trader working at the New York Stock Exchange.new york stock exchangeas coreweave With stock prices plummeting and AI complexes weighing heavily, investors are faced with a simple question. What is the best way to hedge AI risks?A former Citadel quant may have the answer.Jasper Zhang is a former quantitative researcher at Citadel Securities and currently leads Hyperbolic. The company is a 50-person financial technology startup building a spot market for tradable GPU computing power, a tool that allows traders to avoid falling AI demand.The platform allows investors to buy and sell GPU clusters, the units that power…
Anthropic agreed to pay SpaceX $3.1 billion per month in computing costsOnce all promised capacity is delivered, Anthropic plans to pay SpaceX approximately $3.1 billion per month for “access to NVIDIA GPU computing,” according to the filing. The company has agreed to spend up to $120.5 billion through 2029.Anthropic has other agreements in place, according to its filing. microsoftNscale, Lambda, and other cloud providers offer “computing capacity powered by Nvidia GPUS.” —Laura KolodnyAnthropic may use the net proceeds to “acquire or invest in businesses, products, services, or technologies.” Anthropic said it intends to use the net proceeds from the offering…
For millions of families, caregiving is more than just a personal responsibility. It’s an increasingly affordable challenge. And this issue is coming to the fore in the 2026 midterm elections.Approximately 59 million Americans provide care for an adult family member, neighbor, or friend, according to a recent report from AARP, a nonprofit, nonpartisan organization that advocates for people age 50 and older. Many caregivers face increasing financial pressures as they try to balance the costs of helping a loved one with their own finances, work, and retirement security. Americans caring for elderly family members pay an average of $8,737 a…
Meta announced Monday that it plans to raise a total of $95 billion to support investments in AI infrastructure and superintelligence.Shares rose 1.6% in pre-market trading following the announcement. Nvidia, AMD and broadcom Mehta said in a statement that he is interested in purchasing up to $5 billion in stock.The tech giant plans to initially raise $35 billion in an underwritten public stock offering, followed by an additional $60 billion in an on-market program.The news comes as hyperscalers pour record amounts into building AI infrastructure. Goldman Sachs estimates that AI-related capital spending could total about $7.6 trillion from 2026 to…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Hello, this is Leonie Kidd from today’s Morning Squawk.Two shocks – one busy morning. Brazil’s early election results triggered an overnight decline in the country’s assets.Elon Musk, meanwhile, weighed in on the Neocloud debate and issued a stern warning that these battered stocks are facing “guppy-level death.”Futures are clinging to small profits, but that’s just it. What’s happening now: A dramatic comebackLuiz Inacio Lula da Silva won an unprecedented fourth term as president of Brazil in a dramatic reversal after falling behind his rival, Sen. Flavio…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Hello, this is Leonie Kidd from today’s Morning Squawk.Two shocks – one busy morning. Brazil’s early election results triggered an overnight decline in the country’s assets.Elon Musk, meanwhile, weighed in on the Neocloud debate and issued a stern warning that these battered stocks are facing “guppy-level death.”Futures are clinging to small profits, but that’s just it. What’s happening now: A dramatic comebackLuiz Inacio Lula da Silva won an unprecedented fourth term as president of Brazil in a dramatic reversal after falling behind his rival, Sen. Flavio…
Israeli voters will head to the polls on Tuesday for an election with cross-border implications.It will be Israel’s first election since the Hamas attack on October 7, 2023, which killed around 1,200 people and abducted more than 250. The Palestinian Ministry of Health announced that more than 74,500 people had been killed in the ensuing Israeli military operation in Gaza. This is also the first vote since the US and Israel launched a joint war against Iran in February.Israeli election systemIsraelis do not directly elect a prime minister, but instead vote for political parties, and the Knesset’s 120 seats are…
Israeli voters will head to the polls on Tuesday for an election with cross-border implications.It will be Israel’s first election since the Hamas attack on October 7, 2023, which killed around 1,200 people and abducted more than 250. The Palestinian Ministry of Health announced that more than 74,500 people had been killed in the ensuing Israeli military operation in Gaza. This is also the first vote since the US and Israel launched a joint war against Iran in February.Israeli election systemIsraelis do not directly elect a prime minister, but instead vote for political parties, and the Knesset’s 120 seats are…