Author: Editor-In-Chief

This report is from CNBC’s The China Connection newsletter this week, delivering insights and analysis on the powerhouse of the world’s second-largest economy. You can subscribe here.big storyWill the US or China win the artificial intelligence race? That’s a big question for investors considering where to invest their money.However, I frequently find that many companies in China are asking a different question. “What AI tools can help you survive in a tough economy?”All of this means that investors who pick AI winners based solely on smarts may miss the bigger story.First, there’s the cost factor.According to Artificial Analysis, which benchmarks…

Qualcomm President and CEO Cristiano Amon speaks at the Web Summit held at Parque das Nacoes in Lisbon on November 12, 2024. Patricia de Melo Moreira | AFP | Getty ImagesQualcomm announced Wednesday that its first-quarter results exceeded expectations, but fell short of the company’s expectations due to a global memory shortage. Qualcomm stock fell as much as 10% in after-hours trading. Here’s a comparison of chipmaker results and LSEG’s consensus estimates:EPS: $3.50 adjusted vs. $3.41 expected Revenue: $12.25 billion vs. $12.21 billion expectedQualcomm said it expects adjusted earnings per share for the current quarter to be between $2.45 and…

Emma Raducanu overturned a five-game deficit in the first set to win in straight sets over Kaja Juban and advance to the Transylvania Open quarterfinals.The British number one was playing his second game since parting ways with manager Francois Roig, making a remarkable comeback after dropping his opening five games against the Slovenian side. From a 5-0 deficit, Radukanu suddenly awoke from his slumber and took control of the match, winning 11 games in a row, laying the foundation for an impressive 7-5 6-1 victory that at one point seemed unlikely. Raducanu faces a quick turnaround in Cluj-Napoca, where she…

Andreessen Horowitz has raised a whopping $15 billion in new funding. And $1.7 billion of that goes to the infrastructure team. The Infrastructure team is responsible for some of the company’s largest and most prominent AI investments, including Black Forest Labs, Cursor, OpenAI, Eleven Labs, Ideogram, Fal, and dozens of others. Jennifer Lee, a16z general partner on the infrastructure team (who oversees investments like Eleven Labs and is valued at just $11 billion), has a clear theory about where the team intends to spend its latest funds. These investors are not familiar with multi-billion dollar budgets. When the company raised…

This report is from this week’s CNBC UK Exchange newsletter. Is it what you see? You can subscribe here.dispatchIt has been just over three years since Wael Sawan succeeded Ben van Beurden as Shell’s chief executive officer.While there’s a lot of noise in the background, particularly whispers about a possible takeover bid for BP, a less-noticed aspect of Mr. Sawant’s time at the helm so far is how often the oil major has exceeded expectations on its balance sheet date.Shell has reported better-than-expected profits in five of the past eight quarters, most notably at the end of October last year…

Snap Inc. CEO Evan Spiegel attends the annual Allen & Company Sun Valley Media & Technology Conference at Sun Valley Resort on July 9, 2025 in Sun Valley, Idaho.David A. Grogan | CNBCsnap Shares rose more than 2% in after-hours trading Wednesday after Snapchat’s parent company reported fourth-quarter results that beat revenue. The company also announced a $500 million share repurchase program.Here’s how the company performed compared to Wall Street expectations:Earnings per share: 3 cents. This number is not comparable to analyst expectations. Revenue: $1.72 billion vs. $1.7 billion expected, according to LSEG Global daily active users: 474 million vs.…

U.S. President Donald Trump speaks before signing an executive order in the Oval Office of the White House on January 30, 2026 in Washington, DC.Annabel Gordon AFP | Getty ImagesPresident Donald Trump reversed his stance in a new interview Wednesday, saying he would not get involved in the fight between the streaming giants. Netflix and paramount skydance purchase some or all of warner bros discovery.President Trump told NBC Nightly News, “I had no involvement.”President Trump said he had “heard from both sides.” “It’s a mutual issue, but I decided I shouldn’t get involved. The Department of Justice will handle it.”President…

As the prospect of conflict between the United States and Iran looms, analysts in Israel are questioning the country’s ability to decide the outcome of a conflict in a region it deemed on the brink of domination just a few months ago.”(Israel’s) opposition parties are accusing[Israeli Prime Minister Benjamin]Netanyahu of bowing to[US President Donald]Trump and ending the Gaza war too soon,” Israeli political analyst Ori Goldberg said. “(Israel) has been kicked out of Lebanon, and its freedom to operate inside Syria has been suspended. All that is left is the freedom to kill Palestinians. And with Qatar, Turkiye and Egypt…

Cuba is open to “meaningful” dialogue with the United States, but not to discuss regime change, Cuba’s deputy foreign minister told CNN on Wednesday, as the Trump administration ratchets up pressure on Cuba with talk of regime change. Carlos Fernández de Cossio said: “We are not ready to discuss our constitutional system because I don’t think the United States is ready to discuss our constitutional system, our political system, our economic realities.” He said the two countries had not yet established a “bilateral dialogue” but had “exchanged some messages” that were “linked” with the highest levels of the Cuban government.…

Luke Littler enjoyed a record-breaking run in the Premier League last year and is aiming to take it even further in 2026.Although Littler lost the 2025 Premier League final to Luke Humphries, he reached numerous statistical milestones in the process, including a record of six wins a night and a record 180 wins. Now, Littler not only wants to break his own record, but also set new ones, and his main goal is to set a new record for the highest average in a Premier League match. The world champion believes he can reach an average of 125 points, with…