A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, US, on Thursday, Jan. 15, 2026. George Frey | Bloomberg | Getty Images Shares of Novo Nordisk rose more than 5% on Friday after early prescription data showed an encouraging start to the U.S. launch of the company’s new GLP-1 pill […]
Novo Nordisk shares rise 5% after Wegovy obesity pill has ‘solid’ launch Read More »
A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024. Peter Boer | Bloomberg | Getty Images Dutch semiconductor equipment company ASML has held gains to hit record highs, following Taiwanese chipmaker TSMC’s strong earnings report on Thursday. ASML — Europe’s most valuable company and the
ASML hits record high on AI boost — and analysts see plenty of room to run Read More »
Single-family homes in a residential neighborhood in Miramar, Florida, Oct. 27, 2022. Joe Raedle | Getty Images News | Getty Images 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. Sign up to receive future editions, straight to your inbox. Private investment
The U.S. and Taiwan have reached a trade agreement to build chips and chip factories on American soil, the Department of Commerce announced on Thursday. As part of the agreement, Taiwanese chip and technology companies will invest at least $250 billion in production capacity in the U.S., and the Taiwanese government will guarantee $250 billion
Taiwan will invest $250 billion in U.S. chipmaking under new trade deal Read More »
Nvidia founder and CEO Jensen Huang speaks about the Vera Rubin AI platform during a question and answer session with reporters at the annual Consumer Electronics Show (CES) in Las Vegas, Nevada, on Jan. 6, 2026. Patrick T. Fallon | AFP | Getty Images Chipmakers Nvidia and Advanced Micro Devices led an industrywide rally in
Chip stocks pop after TSMC’s earnings beat boosts confidence in industrywide demand Read More »
Amazon package and Saks Fifth Avenue bag. Getty Images Amazon wants a federal judge to reject Saks Global’s bankruptcy financing plan, writing in court papers the beleaguered department store “burned through hundreds of millions of Dollars in less than a year” and failed to hold up their agreement. When Saks acquired Neiman Marcus for $2.7
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. Sign up to receive future editions, straight to your inbox. When Peter Buffett learned that he and his siblings would be in charge of giving away the fortunes of their father, Warren Buffett,
How the Buffett family plans to give away more than $150 billion Read More »
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. Nike’s first pickleball deal has me thinking I should fish my paddles out of the closet and start practicing. I’ll be spending this evening with some of our readers at CNBC Pro Live at the New York Stock Exchange, so
An entrance to the Saks Fifth Avenue flagship store in New York on Jan. 14, 2026, after the company filed for bankruptcy protection. Brendan Mcdermid | Reuters For more than a decade, the former executive chairman of Saks Global dreamed of adding Neiman Marcus to his collection of legacy department stores, believing the combined entities
A notification on the Instagram app on a smartphone arranged in Sydney, Australia, on Thursday, Dec. 4, 2025. Bloomberg | Bloomberg | Getty Images It’s been a month since Australia banned under-16s from social media platforms, and some teens are glad to be free of the distraction, while others have found ways to bypass the
Australia banned social media for under 16s a month ago — here’s how it’s going Read More »
