Business news
- UK inflation falls sharply to 3.2% in November, fueling likelihood of Christmas rate cut - The U.K.'s inflation rate cooled sharply to 3.2% in November.
- European markets head for soft open as sentiment falters - European stocks are expected to open broadly flat on Wednesday as investors gear up for central bank decisions.
- OpenAI in talks with Amazon about investment that could exceed $10 billion - OpenAI is in discussions with Amazon about a potential investment and an agreement to use its artificial intelligence chips, CNBC confirmed.
- Robinhood is rolling out NFL parlay and prop bets on prediction markets platform - Robinhood announced Tuesday that users will be able to trade on National Football League games and player performances.
- Shares of Chinese chipmaker MetaX soar nearly 700% in blockbuster Shanghai debut - Shares of Chinese chipmaker MetaX Integrated Circuits Shanghai soared nearly 700% after raising nearly $600 million in its initial public offering.
- Trump orders blockade of sanctioned oil tankers in Venezuela, designates government as 'terrorist organization' - In a post on Truth Social, Trump said "Venezuela is completely surrounded by the largest Armada ever assembled in the History of South America."
- Japan's exports climb 6.1% in November, sharply beating expectations - Asia: BusinessJapan's exports climb 6.1% in November, sharply beating expectationsPublished Tue, Dec 16 20257:01 PM ESTLim Hui Jie@in/hui-jie-lim-a7371176/WATCH
- This market's strength lies in the non-tech growth stocks, Jim Cramer says - CNBC's Jim Cramer examined recent market action.
- Asia-Pacific markets set to open mixed ahead of Japan trade data - Asia-Pacific markets were set to open mixed Wednesday as traders looked toward trade data coming out of Japan.
- Hyperscaler AI spending could slow down if Oracle shows 'discipline' - CNBC's Jim Cramer on Tuesday opined on massive AI spending that has hurt tech stocks.