Tag Archives: CNBC

Rare earths are China’s bargaining chip in the trade war — the U.S. is trying to fix that

China mines around 70% and processes around 90% of rare earths. The U.S. is hoping to change that with investment in the domestic rare earth supply chain.

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Spotify stock falls on revenue miss, lackluster guidance

Spotify stock fell after the music streaming platform fell short of Wall Street’s revenue expectations.

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PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates

PayPal topped Wall Street estimates for the quarter and raised full-year guidance, as CEO Alex Chriss pushes profitability over volume.

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Samsung backs South Korean AI chip startup Rebellions ahead of IPO

Rebellions has been working with Samsung to bring its second-generation artificial intelligence chip, called Rebel, to market.

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Europe sets its sights on multi-billion-euro gigawatt factories as it plays catch-up on AI

The gigafactories could add 15% to Europe’s total computing capacity, according to estimates from UBS.

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India overtakes China in smartphone exports to the U.S. as manufacturing jumps 240%, report shows

Smartphones assembled in India accounted for 44% of U.S. imports in the second quarter, a significant increase from just 13% in the same period last year.

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Waymo plans to bring its robotaxi service to Dallas in 2026

Waymo is partnering with rental car company Avis for robotaxi fleet management in Dallas.

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Ray-Ban Meta smart glasses revenue tripled over the year, EssilorLuxottica says

Revenue from sales of Ray-Ban Meta smart glasses more than tripled during the first half of the year, EssilorLuxottica said in its latest earnings report.

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MicroStrategy copycats are getting out of control as Canadian vape company joins fray

The crypto market’s bullishness may be tipping into speculative frenzy, if the latest MicroStrategy-style copycat is any indication.

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Trump Organization says Amazon, Walmart, eBay sellers are hawking knockoff shirts, hats, mugs

The Trump Organization said several unnamed businesses sold counterfeit coffee mugs, hats and other goods bearing its trademarks.

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