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Trump’s South Korea tariff cuts are major boost for Hyundai and GM

American flags flutter outside a Hyundai automobile dealership in Irvine, California, U.S., March 27, 2025. Mike Blake | Reuters DETROIT — Hyundai Motor and General Motors are set to be two of the greatest beneficiaries of lower U.S. tariffs on imports, including vehicles, from South Korea. The South Korean-based automaker is the largest U.S. importer […]

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Design executive behind ‘Liquid Glass’ is leaving Apple

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File: Then Apple Creative Director Alan Dye celebrates the launch of the July Issue at the new WIRED office on June 24, 2015 in San Francisco, California. Kimberly White | Getty Images Apple‘s head of user interface design, Alan Dye, will reportedly join Meta, in a notable shift of executive talent in Silicon Valley. Apple

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Salesforce beats on earnings, issues better-than-expected revenue forecast

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Salesforce CEO Marc Benioff delivers the keynote address at the start of the Dreamforce conference in San Francisco on Oct. 14, 2025. Jessica Christian | San Francisco Chronicle | Getty Images Salesforce reported better-than-expected earnings on Wednesday and topped Wall Street estimates with its revenue guidance for the fourth quarter. The stock rose 5% in

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Micron stops selling memory to consumers as demand spikes from AI chips

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A person walks by a sign for Micron Technology headquarters in San Jose, California, on June 25, 2025. Justin Sullivan | Getty Images Micron said on Wednesday that it plans to stop selling memory to consumers to focus on meeting demand for high-powered artificial intelligence chips. “The AI-driven growth in the data center has led

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Beyonce, Sydney Sweeney and a fight for relevance: How American Eagle, Gap and Levi sparked a new ‘denim war’

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Levi Strauss CEO Michelle Gass was out for a run in San Francisco last March when she first heard the song “Levii’s Jeans” from Beyonce’s latest album, “Cowboy Carter.” “Literally, I got chills,” Gass recounted to CNBC, adding the name-check represented a “once in a lifetime” marketing opportunity she couldn’t afford to squander. “She is one

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Fanatics launches prediction market in 24 states

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Online gambling has expanded rapidly in the US since 2018, when the Supreme Court freed states to legalize sports betting. Gabby Jones | Bloomberg | Getty Images Sports merchandiser Fanatics announced Wednesday it’s launching Fanatics Markets, its own prediction market, in 24 states this week, including California, Texas, Florida and Washington. The platform will allow

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Delta says government shutdown cost it 0 million, but forecasts strong travel demand into 2026

Delta says government shutdown cost it $200 million, but forecasts strong travel demand into 2026

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A Delta Airlines Boeing 757-200 plane passes by the U.S. Capitol dome in Washington as it comes in for a landing at Ronald Reagan Washington National Airport on Sunday, November 9, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Delta Air Lines said the government shutdown that ended last month cost it approximately

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Macy’s posts strongest growth in more than 3 years, but strikes cautious note on holidays

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Macy’s on Wednesday beat Wall Street’s sales expectations for the third quarter in a row and posted its strongest growth in more than three years as the company’s turnaround strategy showed signs of momentum. The department store operator raised its full-year sales and earnings outlook after its better-than-expected fiscal third quarter. The retailer now expects

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Macy’s earnings, OpenAI under pressure, Boeing’s delivery outlook and more in Morning Squawk

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Exterior view of Macy’s herald square store in New York City, on November 28, 2025. Kena Betancur | Afp | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Shopping around Macy’s beat Wall

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Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT

Finance News

Anthropic, the AI startup behind the popular Claude chatbot, is in early talks to launch one of the largest initial public offerings as early as next year, the Financial Times reported Wednesday. For the potential IPO, Anthropic has engaged law firm Wilson Sonsini Goodrich & Rosati, which has previously worked on high-profile tech IPOs such

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