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Systems that let drivers take their eyes off the road and fully autonomous systems are coming in about two years. Shashua talked with The Associated Press about the next steps toward autonomous vehicles. A: When you talk about autonomous vehicles, what immediately comes in mind is Waymo, Cruise, robotaxis. Q: When do you see a lot of fully autonomous vehicles on the roads? The second story of an eyes-off system on highways is already in the works.

Persons: robotaxis, Amnon Shashua, Shashua, It’s, Uber, Mobileye Organizations: DETROIT, —, General Motors, Intel, Systems, Associated Press, Cruise, Volkswagen Locations: Arizona, San Francisco, Israeli, Los Angeles, China, Europe, U.S

☆ Can Germany’s sputtering economy be revived in 2024?
▼ + stars: | 2024-02-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +11 min

Europe’s biggest economy shrank last year for the first time since the onset of the Covid-19 pandemic. And the outlook isn’t much brighter: the International Monetary Fund predicts that Germany will be the slowest-growing major economy in 2024, eking out an increase of just 0.5%. “Germany needs a fundamental economic transformation,” Marcel Fratzcher, president of the German Institute for Economic Research in Berlin, told CNN. Carsten Koall/Getty ImagesHomegrown troublesAlongside an external environment that has become more hostile to Germany’s outward-facing economy, the country’s internal political climate has worsened. Businesses such as these, which can find new markets and applications for their know-how, may hold the key to reviving Germany’s moribund economy.

Persons: What’s, ” Marcel Fratzcher, ”, Carsten Brzeski, Jens Schlueter, Constanze Stelzenmuller, Christian Lindner, Olaf Scholz, Robert Habeck, Carsten Koall, Michael Probst, Karl Haeusgen, ” Sebastian Shukla, Chris Stern Organizations: London CNN — Trains, Lufthansa, International Monetary Fund, European Union, European Commission, German Institute for Economic Research, CNN, ING, Brookings Institution, Volkswagen, Biden, Free Democratic Party, Social Democratic Party and, Green Party, Deutsche, LinkedIn, Investors, SAP, chipmaker Infineon, Intel, MAN Energy Solutions, Germany’s Machinery, Equipment Manufacturers Association Locations: Europe’s, Germany, Ukraine, Berlin, Europe, China, Zwickau, United States, Russia, “, Japan, masse, Frankfurt, ”, Hamburg, Jungheinrich, Augsburg, Munich, Esbjerg, Denmark

☆ Advocates call on Senate to approve amendment giving Afghan evacuees path to legal residency
▼ + stars: | 2024-02-10 | by ( Haley Britzky | ) edition.cnn.com time to read: +4 min

It is based on the bipartisan Afghan Adjustment Act, which was reintroduced last year. The amendment was introduced Friday with a list of co-sponsors that included Republican Sens. Future conflicts that we go into will look back to how we handled the end of the Afghan war and what we did with our Afghan allies,” VanDiver said. While the amendment has bipartisan backing, at least one Republican is expected to object to it. Cotton supports helping our Afghan allies and partners, but this specific bill did little to address his concerns,” the person said.

Persons: Democratic Sen, Amy Klobuchar, Republican Sen, Jerry Moran, Republican Sens, Roger Wicker, Lindsey Graham, Thom Tillis, Democratic Sens, Richard Blumenthal, Chris Coons, Jeanne Shaheen, Klobuchar, “, ” Klobuchar, ” Shawn VanDiver, —, It’s, ” VanDiver, Sen, Tom Cotton, ”, “ Sen, Cotton, VanDiver, ” Moran, Patrick Murray Organizations: CNN, Senate, Democratic, Republican, intel, Army, Senate Armed Services Committee, Afghan, Veterans ’ Affairs, Veterans, Foreign, VFW Locations: Afghanistan, United States

☆ Booming semiconductor companies just earned one more market leadership honor
▼ + stars: | 2024-02-08 | by ( Ian Thomas | ) www.cnbc.com time to read: +2 min

Chip stocks have been on a stock market tear for the last year, outpacing FAANG and other tech sector leaders in a rapid rise boosted by market enthusiasm for advanced AI chips. That success has now migrated over to another corporate performance measure. Semiconductor companies overtook FAANG stocks in Just Capital's annual ranking of public companies on issues of importance to the American public, with Intel , Advanced Micro Devices , and Micron Technology all finishing within the top 10. Semiconductor firms ranked highly on this year's JUST 100 list, Whittaker said, not only due to the number of jobs that they created relative to other industries, "but the adoption and expansion of policies that support workers and communities." AMD also disclosed its minimum yearly salary for the first time as well as providing more information around career development and benefits, leading to a higher worker score.

Persons: outpacing FAANG, Martin Whittaker, Paul Tudor Jones, Whittaker, Russell Organizations: Semiconductor, Intel, Devices, Micron Technology, Apple, Microsoft, Nvidia, Qualcomm, Lam Research, Materials, Cirrus, Just, " Semiconductor, AMD, Capital

☆ Arm's post-earnings pop leaves stock trading at over 100% premium to Nvidia
▼ + stars: | 2024-02-08 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

That agreement would have involved selling Arm for $40 billion, or just $8 billion more than SoftBank paid in 2016. Instead, Arm went public last year, and the company is now worth over $116 billion after the stock soared 48% on Thursday. SoftBank still owns roughly 90% of the outstanding stock, meaning its stake in Arm increased by over $34 billion in a day. watch nowChipmakers Nvidia and AMD have been Wall Street darlings of late due to their central position in the artificial intelligence boom. 'Gain market share'Arm has a different business model than Nvidia and AMD in that it's largely a technology licensing company.

Persons: Jakub Porzycki, Arm, SoftBank, Lisa Su, Steve Marcus Organizations: Nurphoto, Nvidia, AMD, Intel, Qualcomm Locations: SoftBank, Las Vegas , Nevada, U.S

☆ Russia may be replacing 100 tanks a month — but with older models which 'smacks of absolute desperation,' expert says
▼ + stars: | 2024-02-07 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

Russia is generating 100+ tanks a month, largely replacing its battlefield losses, UK intel said. Nicholas Drummond, a defense analyst, agreed, telling BI that Russia is relying on older models as its ability to produce new ones is limited. AdvertisementBut Drummond is skeptical that Russia can even make battle-ready 100 of the older tanks a month. Ramping up productionRussia has seemingly been increasing its output of new tanks, while still relying on older models. AdvertisementBut another expert said these older tanks can still create a problem for Ukraine.

Persons: —, William Alberque, Nicholas Drummond, DIMITAR DILKOFF, Drummond, George Barros, Russia's, Oleksii, It's, Alberque, Rajan Menon, Menon, it's Organizations: intel, Service, UK Ministry of Defence, International Institute for Strategic Studies, Getty, Institute for, Anadolu Agency, Getty Images, Defense Locations: Russia, Ukraine, Russian, AFP, Dmytrivka, Kyiv region, Getty Images Russia, Ukrainian

☆ Despite losing another warship to a country without much of a navy, Russia's Black Sea Fleet is still in the fight, Western intel says
▼ + stars: | 2024-02-06 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

Read previewRussia's Black Sea Fleet has taken a beating from Ukraine over the course of the war, but Western intelligence suggests that Moscow still maintains the ability to conduct naval operations in the region. "This latest Ukrainian success highlights the continuing vulnerability of Russian warships operating in the Black Sea," Britain's defense ministry said. "It will highly likely have an impact on the Black Sea Fleet's command and control elements, probably forcing them to re-evaluate their maneuverability near Western Crimea." Defense Intelligence of UkraineBritain's defense ministry, however, cautioned that "the Russian Navy is almost certainly still able to conduct its three main tasks in the Black Sea: long-range strike, patrol, and support." "There is no place for the russian fleet in Ukrainian Crimea," it said.

Persons: —, Grant Shapps Organizations: Service, Business, Defense Intelligence, Russian Navy, Black Sea Fleet, Moscow, UK Locations: Ukraine, Moscow, Russian, Crimean, Crimea, Sevastopol, Novorossiysk, Ukrainian Crimea

☆ Blindsided Trump Fraud-Trial Judge Demands Intel on Perjury Plea
▼ + stars: | 2024-02-06 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

"Dear Counselors," the fraud-trial judge, state Supreme Court Justice Arthur Engoron, begins an acidly-worded email he sent Monday. After all, he notes, he is the fraud trial's "presiding magistrate, the trier of fact, and the judge of credibility." AdvertisementIn describing the potential trial monkey wrench that a Weisselberg perjury admission would be, Engoron drops some Latin. Lawyers for his co-defendants in the lawsuit — the Trump Organization, eldest sons Donald Trump, Jr. and Eric Trump, Weisselberg and another longtime Trump Org executive, Jeffrey McConney — have also denied wrongdoing. AdvertisementAttorneys for Trump and Weisselberg, and spokespersons for the AG's office and Manhattan district attorney's office, did not immediately respond to requests for comment.

Persons: —, Donald Trump's, Allen Weisselberg, Arthur Engoron, William K, Rashbaum, Jonah E, Ben Protesss, Alan, Weisselberg, Trump's, Manhattan, Forbes, Engoron, Letitia James, Trump, Donald Trump , Jr, Eric Trump, Jeffrey McConney — Organizations: Service, New York Times, Trump Org, Business, Trump, Former Finance, Manhattan, Times, Penthouse, New York, Lawyers, Trump Organization, Weisselberg Locations: York, Bromwich, Manhattan, trier

☆ Startup funding is falling in most major cities. So why is Boston pulling ahead?
▼ + stars: | 2024-02-05 | by ( Melia Russell | Rebecca Torrence | ) www.businessinsider.com time to read: +8 min

AdvertisementThe Bay Area took the lion's share of capital raised on Carta in 2023, followed by Boston, then New York. AdvertisementAccording to Carta data, select metro areas saw the total early-stage funding raised decline by at least a third from 2022 to 2023. Yet early-stage funding was only down 24% in Boston, however, the smallest decrease of the metro areas that Carta tracks. According to Carta data, about $2.6 billion of capital raised in biotech flowed to Boston startups last year. Beyond biotechThe Carta data shows Boston also had strong showings across investment in software-as-a-service and hardware.

Persons: —, Zach Weinberg, Roche, Carta, Founders, that's, Rudina Seseri, Seseri, Peter Walker, Michael Greeley, Greeley, Mark Castleman, Castleman, Clement Cazalot, Cazalot, Walker Organizations: Service, Massachusetts Turnpike, Partners, Business, Carta, Boston, East Coast, Companies, Area, Flare Capital Partners, pharma, Intel Ignite, Glasswing Ventures, Founders, Machinery, Pritzker Group, Armory Square Ventures, Way Ventures, Klaviyo's, New York Stock Exchange Locations: Boston, New York City, East, Boston , Cambridge, Newton , Massachusetts, Newark, Jersey City , New Jersey, New York, San Francisco, Bay, France, Copley

☆ Intel chief legal officer celebrates her Black heritage
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel chief legal officer celebrates her Black heritageApril Miller Boise grew up surrounded by strong black women who were instrumental in shaping who she is today.

Persons: Miller Boise Organizations: Intel

☆ Russia may have to raise taxes to meet the spiraling cost of invading Ukraine: UK intel
▼ + stars: | 2024-02-05 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

The Kremlin has plans to hike Russia's spending by 26% in 2024, per the UK's Ministry of Defence. Russia's National Wealth Fund is "increasingly being used to fund its invasion of Ukraine," it said. AdvertisementThe Kremlin will likely need to impose austerity measures to resolve Russia's budget deficit amid the growing cost of its invasion of Ukraine, according to UK intelligence. Advertisement"It is likely that the government will need to reduce its contributions to the National Wealth Fund and increase domestic taxes and debt to fund its planned expenditure," the UK MOD said. Such policies will have negative medium-to-long-term impacts, the UK MOD said on Monday.

Persons: —, Alexandra Prokopenko, who's Organizations: Ministry of Defence, MOD, Wealth, Service, UK Ministry of Defence, National Wealth Fund, Carnegie Russia Eurasia Center, Center of Eastern European, International Studies, Foreign, Reuters, Bloomberg, International Monetary Fund, IMF Locations: Ukraine, Russia, Soviet Union, Russian

☆ Satya Nadella's first decade as Microsoft CEO was defined by cloud. What's next?
▼ + stars: | 2024-02-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +11 min

Jason Redmond | AFP | Getty ImagesWhen Satya Nadella replaced Steve Ballmer as Microsoft CEO in February 2014, the software company was mired in mediocrity. Many tech industry analysts and investors would say that, thanks largely to Nadella, Microsoft is now set up to be a powerhouse for the foreseeable future. In a 2020 interview, Pat Gelsinger, then CEO of VMware, said offering his company's software on Microsoft's Azure cloud was akin to a "Middle East peace treaty." Nadella is perhaps best known in the tech industry for pushing Microsoft deeper into cloud computing. While some in the younger generations have Microsoft software at work, it's not necessarily what they grew up using and may not be what they prefer.

Persons: Satya Nadella, Bing, Jason Redmond, Steve Ballmer, Aravind Srinivas, Jeff Bezos, Nadella, Aaron Levie, Levie, Larry Ellison, David Paul Morris, Pat Gelsinger, Michael Nathan, Nathan, he'd, He's, Nat Friedman, Friedman, Kevork Djansezian, Ballmer, Kevin Dallas, I've, Dallas, it's, Gen Z, OpenAI's, Commission's Lina Khan, Sam Altman, Altman, OpenAI isn't, hasn't, Jefferies Organizations: Microsoft, AFP, Getty, Apple, Google, Amazon, Oracle Corp, Oracle, Bloomberg, VMware, Intel, Linux, Ballmer, Los Angeles Clippers, Microsoft Corp, Nokia, Activision Blizzard, Adobe, Activision, Federal, U.S . Justice Department, CNBC Locations: Redmond , Washington, San Francisco, Microsoft's, Silicon Valley, Los Angeles , California, U.S, Europe

☆ Russian troops emerged from a sewer only to be struck by a drone, Ukraine says
▼ + stars: | 2024-02-03 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Russian troops tried infiltrating the Ukrainian town of Avdiivka through a sewer but were immediately hunted down by attack drones, Ukraine claims. Russian forces have been persisting in their attacks on the town in eastern Ukraine since October, leaving behind a trail of dead soldiers and wrecked vehicles. In its latest attempts to take Avdiivka, Russian troops have been entering the city's fringes using service tunnels, according to recent UK intel. The drone footage shows a soldier running into the doorway of a ruined house before a strike hits from above. The Russians are likely experiencing a ratio of 13 losses for every Ukrainian soldier, Forbes estimated, based on vehicle losses.

Persons: G8PNNZ9MHG, WarTranslated, Dmitri, Forbes Organizations: for, intel, Khorne Group, Mechanized Locations: Avdiivka, Ukraine, Russian, Russia, Ukrainian

☆ Ukraine made realistic decoys of radars and missile systems and may have even tricked the Russians into taking a shot at one
▼ + stars: | 2024-02-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Both sides have employed decoys throughout the war, attempting to waste enemy fire or force the enemy to expose itself. One of the realistic mock-ups may have tricked Russia into wasting a missile on it, highlighting the role decoys play in the war. According to a Telegram post from Insider UA, a Ukrainian news outlet, Russia had launched an Iskander ballistic missile at the IRIS-T system. Back in December, Ukraine got Russia to expend a munition on what looked like a fake Su-25 ground-attack aircraft. In September 2023, Ukraine's 116th Mechanized Brigade published a video of an inflatable Russian T-72 decoy.

Persons: —, SLM, Milbloggers, MICHAL CIZEK Organizations: Service, Sentinel, IRIS, Telegram, UA, Getty, Ukraine's 116th Mechanized Brigade Locations: Ukraine, Russia, Russian, Lisne, Kharkiv, Ukrainian, Czech, Decin, AFP, Ukraine's

☆ Stocks making the biggest moves midday: Meta, Apple, Intel, Amazon, Clorox and more
▼ + stars: | 2024-02-02 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

Apple — The iPhone maker's shares inched down 0.3% after Apple provided financial guidance for the current quarter that hinted at weak iPhone sales. Amazon posted $1 in earnings per share on $169.96 billion in revenue, according to LSEG. Analysts polled by LSEG had estimated $8.9 billion in revenue and earnings of $4.18 per share this year. Bristol Myers Squibb — The pharmaceutical stock added 1% after fourth-quarter earnings and revenue at the maker of the Opdivo anti-cancer treatment beat analysts' estimates. ExxonMobil , the largest oil company in the U.S., rose 1% after its fourth-quarter earnings per share topped analysts' estimates.

Persons: LSEG, Cigna, Barbie toymaker, Clorox, —, Alex Harring, Yun Li, Tanaya Macheel, Michelle Fox Organizations: Revenue, Apple, Amazon, Analysts, Bristol Myers Squibb, LSEG . Revenue, Wall, Mattel —, Barington, Mattel, Price, Chevron —, Chevron, LSEG, ExxonMobil, Intel, Street Journal Locations: China, U.S, Ohio

☆ AMD bets on AI-powered PCs as artificial intelligence race with Nvidia, Intel heats up
▼ + stars: | 2024-02-02 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

SHANGHAI, CHINA - JULY 28, 2023 - Photo taken on July 28, 2023 shows the AMD logo at the 2023 ChinaJoy in Shanghai, China. U.S. chip giant Advanced Micro Devices is betting on AI PCs to take on rivals including Nvidia and Intel as the AI race heats up. "[The market for] AI PCs is going to continue to expand," said Victor Peng, president of AMD, in an exclusive interview with CNBC on Thursday. He added that the firm expects more adoption of AI PCs in the second half of the year. IDC expects the integration of AI capabilities into PCs to serve as a catalyst for upgrades, hitting shelves this year.

Persons: Victor Peng, Enrique Lores Organizations: Nvidia, Intel, AMD, CNBC, ChatGPT, HP, International Data Corporation, IDC Locations: SHANGHAI, CHINA, Shanghai, China . U.S

☆ Ex-Wagner mercenaries may be heading back to Ukraine, but this time with Russia's National Guard, intel says
▼ + stars: | 2024-02-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewFormer Wagner Group fighters are being absorbed into Russia's national guard and may soon be deployed to Ukraine, according to Western intelligence, as Moscow continues to assume control over the ruthless mercenary organization. Russian President Vladimir Putin in late-December authorized the country's National Guard, also known as Rosgvardia, to create its own volunteer arrangements. AdvertisementMembers of the Wagner Group prepare to depart from the Southern Military District's headquarters and return to their base in Rostov-on-Don, Russia on June 24, 2023. Some in the West observed this as an effort to strengthen the national guard. AdvertisementRussian police and National Guard (Rosgvardia) servicemen patrol Red Square in central Moscow on Oct. 20, 2021.

Persons: —, Vladimir Putin, Wagner, Arkady Budnitsky, Vladimir Putin's, Viktor Zolotov, Rosgvardia, Putin, ALEXANDER NEMENOV, Moscow, Yevgeny Prigozhin Organizations: Service, Wagner Group, country's National Guard, Volunteer Corps, Business, Southern Military, Anadolu Agency, Getty, National Guard, Institute for, Bakhmut, Kremlin, Africa Corps, Nazi Locations: Ukraine, Moscow, Russian, Africa, Russia, Rostov, Don, Red, AFP, Africa —

☆ AI server maker Super Micro boosts sales guidance — another sign to stick with Nvidia
▼ + stars: | 2024-01-30 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +5 min

Super Micro makes computer servers for data centers, competing with the likes of Dell and Hewlett-Packard Enterprise . SMCI 1Y mountain Super Micro Computer 1 year Shares of Super Micro were on pace for a record close Tuesday, jumping 4%, to nearly $515 each — pushing year-to-date gains to roughly 80%. Still, the magnitude of Super Micro stock move Tuesday, compared to the size of the forecast revision, is a sign that investor expectations had already accounted for most of this good news. "I don't know whether [Super Micro] is Mercury or Venus, but I will tell you it ain't Pluto." Super Micro said it continued to see record demand for AI systems in its second quarter.

Persons: —, Jim Cramer, Thursday's, preannounced, Jim Cramer's, Jim, Tyrone Siu Organizations: chipmaker, Dell, Hewlett, Packard, Devices, Intel, Nvidia, AMD, Computer, Micro, Microsoft, Super Micro, Wall, Taiwan Semiconductor Manufacturing Company, CNBC, Nvidia Corporation Locations: San Jose , California, Taipei, Taiwan

☆ Russia accidentally bombed itself again, the fourth time this month, UK intel says
▼ + stars: | 2024-01-30 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Russian plane accidentally dropped two bombs on Russian territory, according to UK intelligence, marking the fourth time it's happened this month. The UK Ministry of Defence highlighted the incidents in an intelligence update on Tuesday, citing a report by the independent Telegram news channel Astra. According to the report, a Russian aircraft discharged two FAB-250 bombs in the Belgorod region last Saturday. AdvertisementThis is the fourth such incident this month and the fifth over the last 12 months, the MOD said.

Persons: —, Russian warplane, Leonid Pasechnik Organizations: Service, Business, UK Ministry of Defence, Telegram, Astra, FAB, MOD Locations: Russian, Belgorod, Postnikov, Streletskaya, Petropavlovka, Russia's Voronezh Oblast, Luhansk People's Republic, Rubizhne, Russia, Luhansk

☆ Super Micro shares pop after earnings beat, rosy revenue forecast
▼ + stars: | 2024-01-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Super Micro said revenue for the quarter came in at $3.66 billion, up from the $3.06 billion expected by analysts, according to LSEG (formerly known as Refinitiv). Super Micro reported a net income of $296 million in its second quarter, up from $176 million in the same quarter last year. Super Micro makes computers that companies use as servers for websites, data storage and other applications, including artificial intelligence algorithms. Shares of Super Micro are already up more than 74% year to date, following a 246% jump last year and an 87% pop in 2022. Watch: Super Micro Computer CEO Charles Lang goes one-on-one with Jim Cramer

Persons: Charles Lang, CNBC's Jim Cramer, Jim Cramer Organizations: Micro, NVIDIA, AMD, Intel, Micro Computer

New Mexico is the first state to partner with Google for such an endeavor, state officials said, noting that the payoff could be significant in terms of curbing losses and saving municipalities and ratepayers money over the long term. The water plan notes that some systems in New Mexico are losing anywhere from 40% to 70% of all treated drinking water because of breaks and leaks in old infrastructure. “We don't need to make that choice between safe drinking water and your business," the governor said. One proposal calls for funneling another $100 million to the state water board to disperse for shovel-ready projects. In 2018, New Mexico rolled out a water plan that included details about policies at the time, historical legal cases and regional water plans.

Persons: Michelle Lujan Grisham, Lujan Grisham, “, Lujan Grisham's, Rebecca Roose Organizations: —, Google, Intel Locations: ALBUQUERQUE, N.M, — New Mexico, U.S, New Mexico, Mexico, Albuquerque

☆ Russia is replacing its destroyed tanks at a rate of 100 a month, UK intel says
▼ + stars: | 2024-01-29 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Read previewRussia is able to make 100 tanks a month, allowing it to keep its offensive effort at the same level despite suffering major losses, according to UK intelligence. Since it launched its full-scale invasion of Ukraine in February 2022, Russia has lost about 2,600 MBTs and 4,900 other armored vehicles, the UK MOD said. Alex Babenko/AP PhotoUkraine has lost far fewer tanks and vehicles than Russia has in the conflict, according to weapons trackers and experts. AdvertisementMany individual European countries are still giving support to Ukraine, but member state Hungary has blocked a major $52 billion support package. Ukraine also suffered major tank losses at the start of its counteroffensive efforts last June, but losses seem to have dropped since then.

Persons: —, Alex Babenko Organizations: Service, Business, UK Ministry of Defence, MOD, Ukraine, Pentagon, Leopard, Avdiivka Locations: Russia, Ukraine, Russian, Germany, Hungary, Avdiivka

☆ CNBC Daily Open: Big Tech earnings loom large
▼ + stars: | 2024-01-29 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Tech layoffs surgeSilicon Valley's tech companies are slashing headcount at a rapid pace. Since the start of January, some 23,670 workers have been laid off from 85 tech companies, according to the website Layoffs.fyi. U.S. crude posted its best week, rising 6.27%, since Sept. 1, while the global benchmark was last up 6.35% for the week.

Persons: Dow, Jake Sullivan, Wang Yi, Brent, Kingsley Jones, Jevons, Tesla, Jones Organizations: Artificial Intelligence, Intel, Economic, CNBC, Nasdaq, Tech Locations: Davos, Switzerland, China, Taiwan Beijing, Taiwan, U.S

☆ Stock futures fall ahead of big tech earnings and Fed meeting decision: Live updates
▼ + stars: | 2024-01-28 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

The Dow Jones and S&P both hit all time highs with the Dow Jones closing over 38,000 points for the first time ever as stocks continue to rise. U.S. stock futures fell across the board Sunday night as Wall Street looked toward several mega-cap tech earnings reports and the Federal Reserve's rate policy decision. Futures tied to the Dow Jones Industrial Average declined 86 points, or 0.2%. This week marks the busiest week of the earnings season, with 19% of the S&P 500 reporting earnings. Traders in the fed funds futures market assigned an almost 97% probability the Fed will not cut rates at the upcoming meeting, according to the CME Group.

Persons: Dow Jones, Tesla, Sonu Varghese Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Intel, Microsoft, Apple, Dow, Boeing, Merck, Federal, Traders, CME, Carson Group Locations: New York City, . U.S

HONG KONG (AP) — Asian markets opened the week on a positive note, with Chinese regulators announcing measures to support the country’s teetering stock markets while heavily indebted property developer China Evergrande was ordered to undergo liquidation. China's securities regulator announced on Sunday that beginning Monday, China will suspend the lending of specific shares for short selling, a move to support the country’s declining stock markets. The Federal Reserve’s meeting this week will likely end with no change to interest rates, but traders are split on whether it could begin cutting rates in March. It's trying to slow the economy and hurt investment prices enough through high interest rates to get inflation fully under control. Traders are betting the Fed will cut interest rates as many as six times this year, according to data from CME Group.

Persons: China Evergrande, Evergrande, Australia’s, It's Organizations: China Evergrande, Hong, Hong Kong High Court, Dow Jones, Nasdaq, Intel, Fed, Treasury, Traders, CME Group, New York Mercantile Exchange, Brent, U.S Locations: HONG KONG, China, Hong Kong, Shanghai, South Korea, Bangkok

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