Perplexity plans IPO in 2028 regardless of what happens to Anthropic or OpenAI, CEO tells CNBC
Aravind Srinivas, chief executive officer of Perplexity AI Inc., during the Bloomberg Tech conference in San Francisco, California, US, on...
business news
China trade defies Iran war drag as exports, imports beat estimates in May
SHENZHEN, CHINA - MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean...
Progressive Nithya Raman advances to November runoff against Los Angeles Mayor Karen Bass
Los Angeles mayoral candidates Nithya Raman and Spencer Pratt.Gina Ferazzi | Ronaldo Bolaños | Los Angeles Times | Getty ImagesProgressive...
OpenAI confidentially files for IPO, prepping Wall Street for mega AI debut
OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025.Kim Kyung-hoon | ReutersOpenAI...
WWDC 2026: Siri AI revealed, child safety updates, Liquid Glass changes
Apple embraces AI-powered image generation Attendees watch a presentation during Apple's annual Worldwide Developers Conference in Cupertino, California, U.S., June...
Airlines find the grass isn't always greener with new engines
Technicians work on an engine at GE Aerospace's engine shop in Lafayette, Indiana.Leslie Josephs/CNBCRIO DE JANEIRO — Airplane engine makers...
Household worries over finances hit highest level since July 2022, New York Fed survey shows
U.S. households grew more worried over their financial situation, with the share of those seeing things as much worse than...
Two Josh Brown stocks bucking the real estate headwinds: The new data center landlord and a mall owner
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz...
Novo and Lilly are competing to win the GLP-1 pill market as they prepare for Medicare coverage
Novo Nordisk and Eli Lilly took their GLP-1 pill battle to the preeminent obesity meeting this weekend as they prepare...
United CEO brushes off airline mergers after American rejection: 'There's nothing'
A United Airlines plane taxis at Los Angeles International Airport on April 21, 2026 in Los Angeles, California. Justin Sullivan...
This startup wants to reduce payment friction on prediction markets
In this photo illustration, Apps for online prediction market sites are shown on an electronic device on Feb. 25, 2026...
Iran announces 'end of military operations' against Israel, but warns Lebanon strikes could trigger escalation
Iran's military has ceased strikes against Israel, the Ministry of Foreign Affairs told CNBC on Monday, but Tehran warned it...
Italian coffee giant Lavazza launches single-serve tablets to make espresso in the U.S.
Lavazza said its Tablì tabs are made of 100% coffee, without any gelatin, coating or binders.Source: LavazzaLavazza is bringing its...
Stocks making the biggest moves premarket: Nvidia, Marvell, Flex and more
Check out the companies making headlines before the bell: Nvidia — Shares gained 2.3% after Nvidia announced a partnership with...
Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
This photograph shows an aircraft of low-cost Irish airline Ryanair parked at the Thessaloniki airport "Makedonia", in Thessaloniki on May...
Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer
A pedestrian pushes a baby stroller past a red Vespa scooter outside a Banca Monte Dei Paschi Di Siena SpA...
Foreign investors have dumped billions of dollars of Korean stocks this year despite record rally. Here's why
A currency dealer monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021.JUNG...
Oil prices spike over 3% as Iran and Israel trade strikes, escalating regional tensions
Four soldiers are climbing a wall and they are ready to fight.Yoh4nn | E+ | Getty ImagesOil prices rose Monday...
Hong Kong's IPO boom is developing a performance problem
A gong during the listing ceremony of Contemporary Amperex Technology Co. Ltd. (CATL) at the Hong Kong Stock Exchange in...
Stock futures fall as Iran attack on Israel shakes fragile ceasefire: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on May 27, 2026, in New York City.Spencer...
