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12

BHP makes $39 billion bid for Anglo American in mining mega play

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Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).

11

Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul

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Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.

Inflation, operating costs had the biggest impact on Asian firms last year, survey shows

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Higher costs had the biggest impact on Asian businesses in 2023, even as they grappled with a global slowdown and rising interest rates, a survey by UOB showed.

09

Xpeng's Gu says robotaxis won’t be a real business for at least five years

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Xpeng, a China-based electric car startup that is also selling in Europe, has made driver-assist software one of its selling points.

Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions

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AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.

08

Deutsche Bank posts better-than-expected profit in first quarter amid investment banking recovery

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Deutsche Bank reported first-quarter earnings on Thursday.

07

Japanese yen hits fresh 34-year low despite verbal intervention from authorities

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The yen slipped past 155 against the U.S. dollar on Wednesday, touching a new 34-year low against continued strength in the greenback.

South Korea's largest K-pop agency Hybe accuses sublabel executives of breach of trust

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This comes after ADOR CEO Min Hee-jin accused Hybe of plagiarizing ADOR's girl group NewJeans.

Walgreens to help bring cell and gene therapies to patients as it expands specialty pharmacy services

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Among the company's investments to "transform" its specialty pharmacy services is the opening of a new facility dedicated to cell and gene therapy services.

06

India markets face an 'inevitable' correction if Modi's election win disappoints, Bernstein says

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The results of India's general elections could be the reason for a correction in the Indian stock market, according to Bernstein.

05

Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand

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This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.

04

This 35-year-old had 5 failed businesses before starting her grocery store chain – now it brings in over $8 million a year

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Success didn't come easy for Pang Gek Teng, the 35-year-old founder and CEO of Surrey Hills Grocer, an Australian-inspired grocer and café brand in Singapore.

03

Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China

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EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.

Don't bet against Zuckerberg: Meta's earnings-driven stock slide is an opportunity

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Shares of the Facebook and Instagram company were dropping due to short-term thinkers who can't see the forest for the trees.

Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy

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Thrasio, an early leader in the Amazon aggregator space, is undergoing an overhaul of its C-Suite two months after the company entered bankruptcy.

02

Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash

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Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.

Cramer says the pull of the bond market is worrying, so keep some cash on hand

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CNBC's Jim Cramer told investors to keep some cash on hand.

01

Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes

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A little over a year ago, Chipotle announced the opening of its first Farmesa location.

Chipotle posts big earnings beat as diners shake off higher prices

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The burrito chain said traffic increased 5.4% in its first quarter.

Rubrik prices IPO at $32 per share, above the expected range

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Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.

Wednesday, Apr 24

00

Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates

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Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.

House Speaker Johnson drowned out by booing crowds at Columbia University speech on Gaza protests

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Speaker Johnson called on Columbia University's president to resign amid ongoing controversial student protests over the Gaza war.

JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank

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The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.

23

Ford tops first-quarter earnings estimates as commercial unit offsets EV losses

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Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street's earnings estimates for the first quarter.

Meta's Reality Labs posts $3.85 billion loss in first quarter

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Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.

Senate launches investigation into high prices of Ozempic and Wegovy in the U.S.

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Before insurance, Novo Nordisk charges about $1,000 per month for Ozempic in the United States. In Germany, the company charges $59 per month for the same drug.

IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss

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IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.

Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'

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Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.

Tesla surges after Elon Musk says new affordable EV models coming

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Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.