Author: Editor-In-Chief
An Amazon employee delivers an Amazon package on February 2, 2026 in San Francisco, California.David Paul Morris | Bloomberg | Getty ImagesAmazon’s The annual Prime Day event will be held over four days from June 23rd to June 26th for the second year in a row. Launched in 2015, Prime Day is Amazon’s initiative to organize a holiday-like shopping event in the middle of the year. It also serves as a way for Amazon to attract new members to its $139-a-year loyalty program and promote its products and services. Jamil Ghani, Amazon’s vice president of Prime, said in an interview…
TorontoAP — Prime Minister Mark Carney said Monday that Canada is failing Jewish Canadians and that the community is being brutally targeted by hate. Carney said anti-Semitism across Canada has risen to levels not seen since World War II. He noted that last year, more than two-thirds of all religiously motivated hate crimes were directed against Jewish Canadians. Jews make up only 1% of the population. “The fear and shame is global. Our action must be local, and it starts with a clear recognition that Canada’s civil agreement betrays Jewish Canadians,” Carney said at Toronto’s Holy Blossom Temple. Carney said…
Check out the companies making the biggest moves at midday: MGM Resorts International — Shares soared 16% after Barry Diller’s People Inc. offered to buy the company for $48.30 per share in cash. Mr. Diller, who is also a member of MGM’s board of directors, said he would recuse himself from board discussion of the proposal. Zoom Communications — Shares of the work platform soared more than 11% after Anthropic, in which Zoom was an early investor, secretly filed a prospectus with regulators for an initial public offering. Veeva Systems — The life sciences-focused cloud-based software company is headed for…
Berkshire Hathaway CEO Greg Abel meets with shareholders at the Berkshire Hathaway Annual General Meeting on May 1, 2026 in Omaha, Nebraska.David A. Grogan | CNBCGreg Abel’s first major acquisition Berkshire Hathaway CEO trades are very similar to the kinds of trades Warren Buffett would make himself.Berkshire buys homebuilder for $6.8 billion taylor morrison home It appears to have given the conglomerate a bigger foothold in housing, expanded its existing business lines, and earned it a cheap valuation. Equally noteworthy is that Buffett had little involvement in the process.”Greg did it faster than I could do it, smoother than I…
People walk in front of a McDonald’s restaurant on March 11, 2026 in Las Vegas, Nevada.Kevin Carter | Getty Imagesmcdonalds on Monday announced its latest global growth strategy to help the fast-food giant become customers’ first choice as it faces new rivals and consumer spending from rising gas prices.New restaurant designs, better food and drinks, consumer-driven innovation and improved customer service are the four cornerstones of the new plan, which the company is calling “McDonald’s NEXT.” Executives made the announcement at McDonald’s biennial worldwide franchisee conference held in Las Vegas this year. The chain announced its final global strategy, known…
Nvidia CEO Jensen Huang delivered a winning message in his highly publicized Computex keynote, arguing that computing power is the profit engine of the age of artificial intelligence, CNBC’s Jim Cramer said Monday. Cramer said Huang’s ideas seemed to resonate with Wall Street, as major stocks in the AI industry rose on Monday despite high oil prices and setbacks in U.S.-Iranian peace talks. This includes Nvidia itself, which soared 6% on the day. The S&P 500 managed to make some gains on the day, once again finishing at an all-time high. “This was incredibly reassuring at a time when we’re…
Microsoft CEO Satya Nadella speaks on stage during the Microsoft AI Tour on February 25, 2026 in Munich, Germany.Sven Hoppe | Picture Alliance | Getty ImagesIn the fast-growing generative AI market, Anthropic has made strides in this space thanks in large part to its AI coding assistant, Claude Code. Seeing where the money was, OpenAI shifted much of its focus from the consumer market to the enterprise market, with its Codex offering now competing with Claude Code. now, google and microsoft is making a concerted effort to get into the game, trying to lure developers with its huge balance sheet…
NASA Administrator Jared Isaacman told CNBC on Monday that repairing the launch pad, which was damaged last week by the Blue Origin rocket explosion, “will take a significant amount of time.”Jeff Bezos’ Blue Origin was conducting a high-temperature test of its massive New Glenn rocket at the Space Force’s launch facility in Cape Canaveral, Florida, on Thursday when the rocket exploded in a fireball. After the incident, Bezos confirmed that all Blue Origin employees were safe and said it was a “very difficult day” but vowed to rebuild.Isaacman said in an interview on CNBC’s CEO Council Summit that the 2028…
People are feared to be trapped under the rubble of high-rise residential buildings after Russia launched a heavy drone and missile attack on the Ukrainian capital early Tuesday, Ukrainian officials said. Kyiv Mayor Vitaliy Klitschko said Russia’s “Double Tap” attack partially destroyed an apartment building in Kyiv’s Podylsky district. “According to preliminary reports, there are people trapped under the rubble,” Timur Tkachenko, head of Kyiv’s military administration, told Telegram. According to the mayor, a suspected missile attack also hit a 24-story residential building in the Shevchenkivsky district, causing a fire, and in Podil, a fire broke out in a nine-story…
Nvidia opened Taipei’s giant Computex trade show with literal fanfare on Sunday. The chipmaker announced a new PC CPU called RTX Spark (which the company calls a “superchip”), adding to the growing roster of PC makers that will soon launch AI PCs powered by it. Nvidia says the ultra-fast 1 petaflop chip is designed to securely run AI agents such as OpenClaw and Hermes Agent. RTX Spark Windows PCs like these will be available this fall from ASUS, Dell, HP, Lenovo, Microsoft Surface, and MSI, with models from Acer and Gigabyte to follow. In addition to being equipped with a…