Brian Roberts, Chairman and CEO of Comcast, attends the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 9th, 2025. David A. Grogan | CNBCComcast clued investors into its potential M&A aspirations on Thursday. In short, executives think a deal could get done, despite recent naysaying.Comcast is among the interested parties in a potential deal for Warner Bros. Discovery. WBD, the owner of TNT Sports, CNN, HBO, Warner Bros. studio and other media assets, officially put itself up for sale after “receiving interest from multiple parties,” WBD CEO David Zaslav said in a statement last…
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U.S. President Donald Trump speaks with Russian President Vladimir Putin, as they meet to negotiate for an end to the war in Ukraine, at Joint Base Elmendorf-Richardson in Anchorage, Alaska, U.S., August 15, 2025. Kevin Lamarque | ReutersPresident Donald Trump’s call for the U.S. to resume nuclear testing after a more than 30-year pause has caught Russia’s attention, with the Kremlin warning on Thursday that it would “act accordingly” if a Cold War-era moratorium on nuclear weapons’ testing was broken.Ahead of his high-profile talks with China’s President Xi Jinping in Asia on Thursday, Trump said he had instructed the Pentagon…
Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024. Nathan Howard | ReutersMeta Platforms’ stock dropped more than 10% Thursday as skepticism about the payoff from its aggressive artificial intelligence spending plans overshadowed strong results.The social media giant lifted its 2025 capital expenditures guidance as it races against competitors to build out advanced AI tools. Meta now expects capex to range between $70 billion and $72 billion, versus prior guidance of $66 billion to $72 billion.CEO Mark Zuckerberg defended the company’s ambitious spending plans during…
Microsoft’s big spending plans are pressuring the stock, but analysts remain bullish on the tech giant. Shares were down around 2% after CFO Amy Hood said capital expenditures for fiscal 2026 would be above that of the previous year, as the company ramps up artificial intelligence investments. For the company’s fiscal first quarter, capex totaled $34.9 billion. Analysts also pointed to a slight miss in headline Azure growth as a soft spot. But overall, analysts maintained their overwhelmingly bullish stance on Microsoft. Many believe that this increased spending ahead is justified by the growing demand for Microsoft’s products. “While we…
Alphabet stock jumped 4% Thursday after the company reported third-quarter financial results that beat across the board and increased its capital expenditures for the year.The Google parent company bumped its spending expectations on artificial intelligence infrastructure to $91-$93 billion from $85 billion the prior quarter, noting continued strong cloud demand.CEO Sundar Pichai said the company had a $155 billion backlog for Google Cloud at the end of the quarter.”Looking out to 2026, we expect a significant increase in CapEx,” Chief Financial Officer Anat Ashkenazi told investors on the earnings call Wednesday.Deutsche Bank said in a note that there was “virtually no…
The European Central Bank has kept interest rates on hold, as expected, at its latest meeting on Thursday.The central bank held its key deposit facility rate at 2% for the third consecutive time, having last cut rates in June. The trim, which coincided with euro zone inflation hitting the ECB’s target rate of 2%, was part of a rate-cutting cycle that has brought rates down from last year’s record high of 4%.The ECB said in a statement Thursday that “inflation remains close to the 2% medium-term target and the Governing Council’s assessment of the inflation outlook is broadly unchanged.” “The economy has continued…
Stocks on display at the Nasdaq on Sept. 10, 2025. Danielle DeVries | CNBCThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Magnificent or not?Magnificent Seven members Alphabet, Microsoft and Meta Platforms all beat Wall Street’s expectations yesterday, exceeding estimates for earnings per share and revenue while talking up expansion plans. But investors’ responses varied widely.Here’s what to know:Alphabet shares surged more than 7% after the Google parent beat the Street’s forecasts for revenue tied to its Google Cloud and YouTube businesses. Executives…
U.S. President Donald Trump and Chinese President Xi Jinping react as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. Evelyn Hockstein | ReutersPresident Donald Trump and President Xi Jinping reached a trade truce during a high-stakes meeting in South Korea on Thursday, de-escalating a dispute over rare earth elements that had threatened to push the world’s two largest economies into a full-blown trade war.China has agreed to pause for one year the sweeping export controls on rare earths announced on Oct. 9…
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A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom.John Keeble | Getty ImagesRestaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by growth of its international restaurants and Tim Hortons.Combined, the two divisions account for roughly 70% of the company’s earnings, according to CEO Josh Kobza.Shares of Restaurant Brands rose 3% in premarket trading.Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $1.03 adjusted vs. $1 expectedRevenue: $2.45 billion vs.…
