Barclays chief C.S. Venkatakrishnan doubled down on doing business in the United Kingdom even as the British bank faces the growing threat of higher taxes in the country. The executive’s optimism comes as analysts and investors widely expect the U.K. government to target the U.K. banking sector for tax increases in the upcoming Autumn Budget to help plug a growing fiscal hole. When asked about the competitive environment for the banking sector amid the threat of increased taxes, Venkatakrishnan warned that “milking the financial sector is not good, because it stifles investment. “It stifles competition, stifles growth,” he said. “You…
Author: usaeverydaylife
This summer, the monster toy Labubu charmed the world with its cute and chaotic energy, commanding resale markups that would make day traders or Rolex flippers blush. One secret blind box edition was selling for over 2,000% above retail prices, according to Nomura. Last month, robbers in California staged a $30,000 heist.Now, there are signs that the secondary market is losing steam — scalpers are panic-selling, watching prices crater by half or more. But Pop Mart, the Chinese company behind the phenomenon, said the crash was just what they wanted.”Our products are made for people who really connect with the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s “Fast Money” team discusses President Trump’s executive order approving a proposed deal that would keep TikTok alive in the U.S. with Brent Thill, senior technology analyst at Jefferies.09:21Thu, Sep 25 20255:33 PM EDT Source link
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Thursday and what’s on the radar for Friday’s session. Oklo’s big decline CNBC will keep watching nuclear power start-up Oklo on Friday. The stock’s big run has powered down . Shares fell more than 9% on Thursday. In two days, shares are down around 15%. This comes after Goldman Sachs initiated coverage on the stock and was less than…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s “Fast Money” team discusses the approved TikTok deal that values the company at $14 billion, according to U.S. Vice President JD Vance. Source link
INGLEWOOD, CALIFORNIA – NOVEMBER 17: A detail view of a NBC Sunday Night Football video camera during the first half between the Cincinnati Bengals and the Los Angeles Chargers at SoFi Stadium on November 17, 2024 in Inglewood, California. Ric Tapia | Getty Images Sport | Getty ImagesYouTube TV subscribers may soon be without “Sunday Night Football,” “The Voice” and other NBCUniversal programming as the parties ramp up for a carriage dispute that could lead to a blackout at the end of the month.CNBC reported the two sides could be headed for a potential blackout earlier Thursday. It’s a sign…
Artificial intelligence is in the early part of a “super cycle” that could last 20 years, according to a top investor.Raj Ganguly, co-founder and co-CEO of venture capital firm B Capital, told CNBC’s “Beyond the Valley” podcast released Friday that AI is going to have a huge, global impact in the coming years.”We’re in the very early stages, the third or fourth year of this AI super cycle. And it’s probably a 20-year super cycle. Maybe it’s a 15-year super cycle, but it is going to change the world,” Ganguly said.A super cycle is commonly defined as a lengthy period of persistent…
CNBC’s Melissa Repko breaks down Costco’s fourth-quarter earnings report. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailSilicon Valley once dismissed Asia’s tech scene as a land of copycats. Today, those same hubs are driving real innovation—and global investors are taking notice. One of them is B Capital, a venture capital firm managing over $9 billion across nine offices in the U.S. and Asia. In this episode, B Capital co-founder and co-CEO Raj Ganguly joins “Beyond the Valley” from Singapore to share which Asian markets excite them most and the three ways AI is reshaping the startup landscape. Source link
U.S. President Donald Trump gestures as he takes questions from the press after signing an executive order on a deal that would divest TikTok’s U.S. operations from ByteDance from its Chinese owner ByteDance, at the White House in Washington, D.C., U.S., Sept. 25, 2025. Kevin Lamarque | Reuters A foreign-made heavy truck crosses the U.S. border, the low, menacing rumble of its engine sounding like a ravenous predator. But it’s more prey than hunter, for it carries in its body forbidden goods: medicine. Spotting no guards, the driver urges the truck forward cautiously under the cover of the night.That scene…
