Alibaba shares fall 5% as AI spending drives 75% drop in net income
US Top News and Analysisby April Roach4d ago
China's Alibaba on Thursday posted a 75% fall in profits for the June quarter as AI spending weighed on the tech giant's results.
US Top News and Analysis
cnbc.comadded August 2026
top 38%How wealthy families can prepare for aging parents and avoid a succession crisis
US Top News and Analysisby Hayley Cuccinello4d ago
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer.
Treasury proposes low-cost investment rules for Trump Accounts
US Top News and Analysisby Jessica Dickler4d ago
The U.S. Treasury Department issued proposed guidance on eligible Trump Account investments Thursday, establishing a framework for what products could qualify as additional investment options going...
Hyundai's new flagship vehicle is a large luxury Genesis EV
US Top News and Analysisby Michael Wayland4d ago
SAN FRANCISCO — Hyundai Motor's newest luxury flagship vehicle is an all-electric large SUV called the Genesis GV90.
Workers can't agree if junior employees should use AI at work: CNBC survey
US Top News and Analysisby Sarah Jackson4d ago
Should junior-level workers use artificial intelligence on the job? Their coworkers are split on the matter, according to the CNBC and SurveyMonkey Quarterly AI and Jobs Survey published Thursday.
Humanoid robots' 'ChatGPT moment' could be 10 years away, Unitree founder says
US Top News and Analysisby Anniek Bao; Jenni Reid; Jenny Lee4d ago
Humanoid robots may be a decade away from their "ChatGPT moment," Unitree Robotics founder Wang Xingxing has said, following his company's soaring market debut.
Trump bemoans Fed interest rate policy, says U.S. should be paying much less
US Top News and Analysisby Jeff Cox4d ago
President Donald Trump on Wednesday expressed frustration that the Federal Reserve isn't cutting interest rates, insisting that solid economic data shouldn't stop the central bank from adopting an...
Trump touted a deal to avert new tariffs on Canada. Here's what we know so far
US Top News and Analysisby Kevin Breuninger5d ago
Less than two hours before massive U.S. tariffs on certain Canadian goods were set to switch on, President Donald Trump announced a tentative deal to stave off the new duties.