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Tuesday’s announcement is the latest in a slew of deals between big tech and the nuclear industry.

CNBC newsCommentsMeta inks nuclear power deal in data centre push

Facebook owner Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy, continuing the wave of tech giants teaming up with the industry to meet growing power needs of data centres. 

Pippa Stevens

Jensen Huang, co-founder and chief executive officer of Nvidia Corp.

BusinessCommentsNvidia tops Microsoft for most valuable company title

Nvidia hits $3.45 trillion, trading places with Apple and Microsoft to rise to the top of the market cap ranks since last June.

Kif Lewswing

The tariff uncertainty comes at a time when the luxury industry at large is already contending with a slowdown in demand after a post-pandemic boom and an economic slump in China.

CNBC newsDiamonds are forever? Not with tariffs in the way

They might be made of the hardest material on Earth, but diamonds, with their complex supply chains and expensive price tag, are particularly fragile to US President Donald Trump’s aggressive tariff agenda. 

Charlotte Reed

American agricultural products have been vanishing from Chinese stores and restaurants and losing ground to other imports due to tariff uncertainty.

CNBC newsAussie beef now in China’s Great American burger

American agricultural products have been vanishing from Chinese stores and restaurants and losing ground to other imports due to tariff uncertainty.

Eunice Yoon

Optimism in the global business travel sector has dropped by more than half, according to a report published by Global Business Travel Association.

CNBC newsCommentsCorporate travel a casualty of Trump’s war on trade

One third of business travel buyers said their companies have either changed, or are considering changing, policies regarding travel to or from the US, a new report shows.

Monica Pitrelli

According to the US Geological Survey, China controlled 69 per cent of rare earth mine production in 2024, and nearly half of the world’s reserves.

CNBC newsRecycling rare earths not enough to escape China’s grip

As China tightens its grip on the global supply of key minerals, the West is working to reduce its dependence on Chinese rare earths.

Evelyn Cheng

The ‘first sale rule’ is a concept in US customs law that allows importers to use the lowest cost of a good to calculate duties.

CNBC newsUS businesses find workaround to tariffs, and it’s legal

Businesses are finding a workaround to minimise the most significant hit from US tariffs .. and best of all, it’s entirely legal.

CNBC

An employee works on a vehicle crankshaft production line at a factory which produces engine parts in Binzhou, in eastern China’s Shandong province on March 14, 2025.

CNBC newsCommentsChina industrial profits defy Trump’s tariff attack

China’s industrial profits rose for a second-straight month in April, official data showed Tuesday, with their growth improving despite prohibitive US tariffs and persistent deflationary pressures.

Anniek Beo

Jeff Bezos, founder of Amazon.

CNBC newsAmazon investors reject bid to split CEO and chair roles

Amazon shareholders rejected a proposal to adopt a policy that would require the company’s chief executive and board chair roles to remain separate.

Daniel Newell

Bitcoin has typically correlated with equity markets, particularly the tech-heavy Nasdaq.

BusinessBitcoin hits new record high as rally marches on

Bitcoin continued its blistering rally on Thursday, hitting a brand new record high above $111,000 ($172,304). 

Arjun Kharpal

A Walmart store is shown in Oceanside, California, U.S., May 15, 2025.

CNBC newsCommentsWhy Walmart decided to raise prices — and risk Trump’s fury

The largest discount chain in the US warns higher prices are on the way for shoppers.

Melissa Repko

Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of de-banking on Feb. 13, 2025.

CNBC newsDimon says markets are too complacent on tariffs

JPMorgan Chase chief executive Jamie Dimon says markets and central bankers under-appreciate the risks created by record US deficits, tariffs and international tensions.

Hugh Son

President Donald Trump, (C), Qatar's Emir Sheikh Tamim bin Hamad Al Thani and Kelly Ortberg, President and Chief Executive Officer, The Boeing Company, left, at a signing ceremony at the Amiri Diwan in Doha, Qatar.

World PoliticsCommentsTrump, Boeing sign ‘historic’ $145 billion deal in Qatar

Boeing and Qatar Airways have struck a deal during US President Donald Trump’s state visit with the emir of Qatar, part of his four-day deal-making tour of the Middle East.

Kevin Breuninger

President Donald Trump says he will cease all US sanctions on Syria.

Donald TrumpComments‘Good luck’: Trump to remove all US sanctions on Syria

‘I will be ordering the cessation of sanctions against Syria in order to give them a chance at greatness.’

Natasha Turak

The US and China have agreed to suspend most tariffs on each other’s goods.

CNBC newsTariff pause means new surge in freight shipments

Another surge in trade from China to the US should be getting underway as the initial trade deal struck by the US and China leads importers to move forward with shipments during the 90-day pause.

Lori Ann LaRocco

Here’s what to know about how each attachment style affects your money.

Emotional Rollercoaster CommentsPremiumCan’t stick to a budget? It might be your attachment style

If you’ve ever blamed yourself for being ‘bad with money’, some financial therapists might disagree with you. The problem, they say, isn’t your self-control — it’s your emotions.

Judy Lagrou

Jensen Huang, co-founder and chief executive officer of Nvidia Corp.

BusinessCommentsNvidia CEO issues China AI warning

Nvidia CEO Jensen Huang said that China is ‘not behind’ in artificial intelligence, and that Huawei is ‘one of the most formidable technology companies in the world’.

Madeline Cove

China has warned other countries it will retaliate if deals with the US are done at China’s expense.

World PoliticsComments‘China will not accept it’: Beijing's chilling warning

China has issued a warning, saying it will retaliate against countries that cooperate with the US in ways that compromise Beijing’s interests, as the trade war threatens to embroil other nations.

Evelyn Cheng

Google is being sued for over £5 billion ($5.4b) in potential damages in the UK.

CNBC newsCommentsPremiumGoogle faces $10.4b lawsuit for abusing dominance in search

Google is being sued for over £5 billion ($5.4b) in potential damages in the UK over allegations that the US tech giant abused its ‘near-total dominance’ in the online search market to drive up prices.

Ryan Browne

Hopes for a US-China deal to resolve trade tensions have faded fast

CNBC newsChina strikes back with 125 per cent tariffs on US goods

China on Friday retaliated against US President Donald Trump’s reciprocal tariffs by raising its levies on U.S. goods to 125 per cent from 84 per cent.

Anniek Bao

Mr Trump announced the pause overnight Wednesday, hours after goods from nearly 90 nations became subject to stiffer, so-called reciprocal tariffs imposed by the US.

CNBC newsCommentsPremiumTrump’s latest tariffs flip flop but another hike for China

Markets have been whipsawed as President Donald Trump dropped new tariff rates on imports from most US trade partners to 10 per cent for 90 days to allow trade negotiations with those countries.

Dan Mangan

Elon Musk has taken aim at Peter Navarro.

CNBC newsComments‘Moron’: Musk slaps Trump’s tariff czar as Tesla hits skids

The spat between Elon Musk and Donald Trump’s top trade adviser Peter Navarro is the most public rift among members of the president’s inner circle since he took office in January.

Lora Kolodny and Ari Levy

Economists expect the Trump administration’s tariff policy would generate a much lower amount of revenue than anticipated.

CNBC newsCommentsEconomists warn Trump tariffs may raise less than expected

President Donald Trump says that tariffs will make the US “rich.” But those riches will likely be far less than the White House expects, economists said.

Greg Iacurci

Donald Trump said countries including Britain had approached the US to try to cut deals on tariffs. (EPA PHOTO)

World PoliticsComments Trump’s tariff gamble rattles fragile economy

US President Donald Trump’s sweeping tariffs aim to reshape trade but are instead sparking fears of inflation and economic slowdown.

Jeff Cox

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