David Solomon, CEO of Goldman Sachs, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters Goldman Sachs CEO David Solomon says there’s an end in sight to the multi-year IPO drought. “It’s going to pick up,” Solomon said on Wednesday, in an on-stage interview with Cisco…
Three people have died after falling from an overcrowded small boat trying to cross from France to the UK, as 2024 became the deadliest year on record for perilous sea crossings. The boat ran into trouble at about 6am on Sunday near Blériot-Plage, a public beach in Sangatte close to the French Channel port of…
US President Donald Trump has called the rise of Chinese company DeepSeek “a wake-up call” for the US tech industry, after the emergence of its artificial intelligence (AI) model sparked shockwaves on Wall Street. Shares in major tech firms like Nvidia fell sharply, with the chip giant losing more than $500bn (£400bn) in market value….
US longshoremen reached a contract agreement with ports and shippers on Wednesday, averting a potential strike that could have damaged the American economy. The International Longshoremen’s Association union and the US Maritime Alliance of ports and shipping companies said they had reached a tentative agreement for a six-year contract, a week ahead of a 15…
Live Nation CEO Michael Rapino told CNBC’s Jim Cramer on Tuesday that the nature of live music keeps it in demand, which helps the business stay strong — even though some consumer-oriented companies report a pullback due to inflation. “It’s a very scarce commodity,” he said. “If you want to see Ben Folds tonight, who’s…
Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything…
A sales clerk shows off Elpida Memory Inc. memory chips at an electronics shop in Tokyo, Japan, on Thursday, March 5, 2009. Tomohiro Ohsumi | Bloomberg | Getty Images Shares in Japan’s chip-related companies extended declines for a second day as Chinese startup DeepSeek’s AI competitiveness calls into question the United States’ leadership in the…
Senegal and Chad have reacted strongly to remarks by French President Emmanuel Macron about African countries being ungrateful over France’s role in helping fight militant jihadist insurgencies. On Monday, Macron said that Sahel states “forgot” to thank France for its role, amid the continuing withdrawal of French troops from West African countries. He said no…
Former U.S. President Donald Trump leaves the courthouse after a jury found him guilty of all 34 felony counts in his criminal trial at New York State Supreme Court in New York on May 30, 2024. Justin Lane | Via Reuters A judge on Friday rejected a request that he dismiss the New York criminal…
In this photo illustration, the Elon Musk’s twitter account seen displayed on a mobile phone screen with a Dogecoin logo in the background. Adrees Abbas | Lightrocket | Getty Images Memecoins surged early Wednesday on the back of election results that showed former President Donald Trump in a strong position to gain a second term….
