Author: Editor-In-Chief
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Monday. Reading this article about the future of the studio’s animated productions reminded me that I need to go see “Hoppers.” I feel like I’m the only one among my friends who hasn’t gone to see it.Stock futures are rising this morning as Wall Street tries to recover from a losing week.Here are five important things investors need to know to start their trading day.1. The hard truthTraders work on the floor of the New York Stock Exchange (NYSE) on Monday, March 9, 2026 in…
Tottenham are in talks with Roberto De Zerbi to become their next manager.Spurs, who sit one point above the bottom three with seven games in hand and are in danger of relegation, want the former Brighton manager to take over permanently after Igor Tudor’s departure on Sunday and have offered him a five-year contract. De Zerbi previously said he would consider his options until the summer, but is now open to taking the job. Spurs are working hard to convince him and talks are expected to take place on Monday. Spurs hope to approve his third appointment as manager of…
Fresh off a successful Series C funding round in November, South Korean fabless AI chip startup Rebellions has raised an additional $400 million. The capital injection comes ahead of an IPO scheduled for later this year and was led by Mirae Asset Financial Group and Korea National Growth Fund. This also comes as the company is engaged in aggressive expansion efforts, with recently announced plans to increase its presence in Asia as well as the Middle East and the United States. Founded in 2020, Rebellions develops and designs AI chips while outsourcing manufacturing. The startup’s chip is designed for inference,…
Rebel-Quad is Rebellions’ second generation product and consists of four Rebel AI chips. South Korean company Rebellions is trying to compete with companies like Nvidia in AI chips.rebellionSouth Korean AI chip startup Rebellions announced Monday that it has raised $400 million to expand into the U.S. market ahead of a public listing.Mirae Asset Financial Group and the Korean National Growth Fund, the Korean government’s investment arm, led the round, valuing Rebellions at $2.34 billion.Rebellions is one of many semiconductor startups looking to capitalize on demand for AI chips and investor appetite for companies that are helping build out the technology’s…
Islamabad, Pakistan – When the foreign ministers of Saudi Arabia, Turkiye and Egypt landed in Islamabad over the weekend, it marked the second meeting in less than two weeks of a diplomatic track working to contain the fallout of the US-Israel war on Iran and Tehran’s retaliatory strikes across the region.Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar confirmed at the conclusion of Sunday’s consultations that the US and Iran had expressed confidence in Pakistan to facilitate direct talks. Islamabad, he said, was “honoured” to host them “in the coming days, for a comprehensive and lasting settlement of the…
Shoppers walk past fruit and vegetable stalls at the Beau Beau Market in Paris, France, Wednesday, February 15, 2023.Bloomberg | Bloomberg | Getty ImagesEconomic and consumer confidence plunged in Europe in March, official data released on Monday showed, the latest evidence of how the Iran war is upending growth and inflation expectations.Business confidence fell in March in both the EU (down 1.5 points to 96.7) and the euro area (down 1.6 points to 96.6), according to preliminary data from the European Commission.The figures, which measure business confidence in five major sectors of the European economy, also reveal that employment expectations…
Satellite image of Kharg Island, located in the Persian Gulf off the coast of Iran.Gallo Images | Gallo Images | Getty ImagesUS President Donald Trump said on Monday that the United States would “completely” destroy Iran’s power plants, oil wells and Kharg Island if the strategically important Strait of Hormuz is not reopened “immediately” and a peace deal is not reached “very soon.””The United States is in serious discussions with a new, more rational administration to end military operations in Iran,” Trump said in a post on Truth Social.“Great progress has been made, but if for some reason an agreement…
A Russian-flagged oil tanker reportedly arrived in Cuba on Monday after US President Donald Trump authorized the lifting of the regime’s fuel blockade on the island nation, which is experiencing a deepening energy crisis. Russia’s Ministry of Transport announced that the tanker Anatoly Kolodkin, carrying around 730,000 barrels of oil, arrived at Cuba’s Matanzas port on Monday, according to Russian state news agencies. CNN has not been able to independently confirm the ship’s location. The ship arrived off the coast of Cuba on Monday morning, according to data from ship-tracking website MarineTraffic. Russian President Vladimir Putin’s spokesman Dmitry Peskov also…
The FIA has confirmed that a meeting will be held in April to discuss new F1 regulations following Oliver Bearman’s crash at the Japanese Grand Prix.Bearman ran onto the grass as he tried to avoid Alpine’s Franco Colapinto, who was slowing him down on the flat out run heading into Spoon Curve, spun at more than 190 mph, ran across the track and slammed into the barrier with a 50G impact. The British driver bruised his right knee from the impact and exited the car carefully, but suffered no further injuries. The speed difference between Bearman and Colapinto was a…
StarCloud’s latest funding round values the space computing company at $1.1 billion, making it one of the first startups to reach unicorn status after graduating from Y Combinator. The company’s Series A, which closed 17 months after its Demo Day presentation, was led by Benchmark and EQT Ventures. This is another sign of interest in outsourcing data centers in orbit, as resource and political obstacles have slowed the development of data centers on Earth, but the business model relies on unproven technology and large capital investments. Starcloud has now raised a total of $200 million and will launch its first…