world
CNBC Daily Open: SoftBank doubles down on AI amid warnings from 'Big Short' investor
SoftBank is selling its entire stake in Nvidia — but not for the reasons you might think. Source link
Tariffs thaw, rivalry simmers: U.S.–China trade truce enters uneasy phase
Even as a U.S.–China trade truce appears to be holding, analysts caution that the détente remains fragile in a rivalry increasingly defined by strategic competition. Source link
Asia-Pacific markets set to rise after mixed trading on Wall Street on hopes of U.S. government shutdown ending; AI trade pullback
Asia-Pacific markets was set to climb Wednesday, after Wall Street traded mixed on hopes of the U.S. government shutdown ending and a pullback in AI stocks. Source link
AMD's Lisa Su sees 35% annual sales growth driven by 'insatiable' AI demand
Su said that AMD could be able to achieve “double-digit” share in the data center AI chip market over the next three to five years. Source link
CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall
CNBC’s Jim Cramer noted data center delays at sites in Texas, Oklahoma and North Carolina tied to Core Scientific. Source link
Rocket Lab rises 5% on record third-quarter revenue, launch backlog
Rocket Lab said its has 49 rocket launches on contract and 17 of those deals were signed during the third quarter. Source link
'Big Short' investor Michael Burry accuses AI hyperscalers of artificially boosting earnings
Burry alleged that “hyperscalers” are artificially boosting earnings by extending the useful life of their computer equipment. Source link
Oura expects close to $2 billion in 2026 sales, almost doubling for the second consecutive year
CEO Tom Hale spoke with CNBC’s Arjun Kharpal in an exclusive interview at Web Summit in Lisbon, Portugal. Source link
British assets volatile as cooling labor market adds pressure to Bank of England and Finance Minister Reeves
Yields on British government bonds fell notably as data showed the U.K. unemployment rate rose to 5%. Source link
Trump hints at cutting tariffs on India as loyalist Sergio Gor sworn in as ambassador
President Donald Trump said tariffs on India could be reduced as the country has cut down imports of Russian oil and US-India could close a trade deal soon. Source link