Business news
- DeepSeek blew up markets year ago. Why hasn't it done so since? - Nearly a year on from the Chinese AI company shaking the tech world, CNBC digs into why DeepSeek's recent model releases haven't caused the same frenzy.
- Classified Venezuela briefing leaves lawmakers split along party lines after Maduro capture - Senate Democrats are moving to force a vote on a measure to block further military action in Venezuela.
- Elon Musk's X faces probes in Europe, India, Malaysia after Grok generated explicit images of women and children - Regulators in Europe, India and Malaysia are scrutinizing X after exploitative images created with the Grok chatbot went viral on Elon Musk's social network.
- Asia-Pacific markets open mixed after record global stock rally despite Venezuela tensions - Investors continued to assess ongoing geopolitical tensions following the U.S.′ attack on Venezuela.
- Nvidia plans to test a robotaxi service in 2027 in self-driving push - Nvidia CEO Jensen Huang has said that robotics — including self-driving cars — is the company's second most important growth category after AI.
- The market has anointed Chevron the big Venezuela winner. But oil majors face a long road before any payoff - President Trump's call for U.S. oil companies to rebuild Venezuela's energy sector after the overthrow of President Nicolas Maduro is easier said than done.
- Democratic mayor of Silicon Valley's largest city opposes billionaire tax - Matt Mahan, the Democratic mayor of San Jose, California, came out against a proposed ballot measure that would impose a tax on billionaires in the state.
- Hilton shares fall after DHS says Minneapolis hotel canceled reservation due to immigration enforcement - "We are not allowing any ICE or immigration agents to stay at our property," an email cited by DHS said.
- Michael Burry's big play off the U.S.-Venezuela situation, which the investor has held for years - Burry has owned Valero Energy since 2020, a position he views as increasingly attractive as the U.S. moves toward a deeper role in reviving Venezuela's oil.
- Maduro overthrow could pave the way for these U.S. oil companies to recover assets seized by Venezuela - Shares of U.S. oil majors are rising as investors bet that they will cash in after the military action that ousted Venezuelan President Nicolas Maduro.