Resorts World Sentosa will “be ready” when Singapore’s Gambling Regulatory Authority considers its casino license renewal in 2026, the company’s CEO Lee Shi Ruh told CNBC late last month.In November 2024, Singapore’s gambling agency announced it was renewing the integrated resort’s casino license for two years, instead of three, citing “unsatisfactory” tourism performance from 2021 to 2023. The announcement came after Resorts World Sentosa had pledged to invest $6.8 billion Singapore dollars ($5.3 billion) to renew and expand the integrated resort.The truncated license renewal has not changed Resorts World Sentosa’s expansion or investment plans, Lee said.The company opened two new…
Author: usaeverydaylife
For the better part of the last decade, we’ve heard that software is eating the world. But now it seems AI is eating software. That’s the call analysts at Melius Research are once again making Monday as they downgraded one-time market darling Adobe to a sell rating. The attention-grabbing note highlights the far-reaching ripple effects that artificial intelligence is having across the stock market — and investors must be attune. Club name Salesforce is in the crosshairs of the shifting landscape, and we cannot ignore that fact. It’s a major reason why the stock and that of enterprise software peers…
CNBC’s Jim Cramer argued that President Donald Trump’s deal with semiconductor giants Nvidia and AMD isn’t necessarily unprecedented.”There’s nothing novel at all about taking a 15% cut. It’s not like Trump’s collecting this money personally…that 15% goes straight to the Treasury,” he said. “To take a 15% cut on their Chinese sales is basically just another form of tariff, and we’ve gotten a ton of those lately, so why not this?”The White House confirmed Monday that Nvidia and AMD agreed to give the U.S. government 15% of their revenue from sales to China. In return, the companies will receive licenses…
Elon musk and the xAI logo.Vincent Feuray | Afp | Getty ImagesElon Musk, the founder of xAI, on Monday threatened Apple with legal action over alleged antitrust violations related to rankings of his AI chatbot app, Grok. “Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation. xAI will take immediate legal action,” Musk wrote in a post on social media platform X.”Why do you refuse to put either X or Grok in your “Must Have” section when X is the #1…
US President Donald Trump speaks during a news conference to discuss crime in Washington, DC, in the Brady Press Briefing Room at the White House in Washington, DC, on August 11, 2025. Jim Watson | AFP | Getty Images The heaviest of U.S. President Donald Trump’s “reciprocal” tariffs — a full 145% on imports of Chinese goods — was, once again, delayed for another 90 days.The move should be a huge relief not just to investors, but perhaps most of the population on Earth. The U.S. and China are the two largest economies in the world, according to World Bank…
The ‘Fast Money’ traders react to Intel CEO meeting with Trump administration. Source link
Japan’s Nikkei 225 hits record highJapan’s blue-chip Nikkei 225 index hit an all-time high of 42,629.17 on Tuesday, led by energy, technology, financials and utilities sectors.Stock Chart IconStock chart iconNikkei 225Asia-Pacific markets open higherAsia-Pacific markets opened higher Tuesday.Japan’s Nikkei 225 benchmark rose 1.26%, while the broader Topix index added 0.74%, as of 8:07 a.m. Singapore time (8:07 p.m. ET Monday).In South Korea, the Kospi index added 0.66%, while the small-cap Kosdaq increased by 0.4%.Over in Australia, the S&P/ASX 200 benchmark was flat.— Amala BalakrishnerU.S. futures mostly move up in early Asia hoursHere are the opening calls for the day Good morning from Singapore.The U.S.-China trade…
GitHub CEO Thomas Dohmke speaks at the VivaTech technology startup and innovation fair in Paris on June 12, 2025.Mustafa Yalcin | Anadolu | Getty ImagesMicrosoft’s GitHub unit, which is facing a torrent of competition from AI-powered coding tools, is losing its leader, and the company isn’t immediately naming a successor.Thomas Dohmke, who has been CEO of GitHub since 2021, joined Microsoft in 2015 through the acquisition of his prior startup HockeyApp. Microsoft bought GitHub for $7.5 billion in 2018, and Dohmke moved over to that business as product chief in mid-2021. Months later, he replaced Nat Friedman as GitHub CEO.In…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyDewardric McNeal, Longview Global Managing Director & Senior, joins ‘Fast Money’ to talk Pres. Trump extending the tariff deadline with China.05:043 hours ago 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 Monday and what’s on the radar for Tuesday’s session. Circle The CEO joins “Squawk Box” in the 6 a.m. ET hour with Joe Kernen and Andrew Ross Sorkin. The digital and crypto fintech company had its IPO in early June. Circle Internet stock is up 420% since then. CRCL 1M mountain Circle Internet stock over the past month. Live…
