Barclays to slash 5,000 jobs in AI efficiency push
U.K. banks Barclays said Thursday it plans to cut 5,000 staff, citing efficiency savings from AI.
U.K. banks Barclays said Thursday it plans to cut 5,000 staff, citing efficiency savings from AI.
Maxx Kettner, HSBC’s chief multiasset strategist, says the investors need to understand the goal posts are constantly moving with AI investing.
Nestlé CEO Philipp Navratil sits down exclusively with CNBC's Carolin Roth to discuss the company's better-than-expected third-quarter earnings, growth in emerging markets, the health of the U.S. consumer, and deconsolidation in Russia.
U.S. Treasury yields could be poised for a breakout ahead of the Federal Reserve's Oct. 28 policy meeting, according to BMO Capital Markets.
The Middle East conflict could flare up again as the U.S. reportedly plans to resume strikes against Iran.
The U.S. ordered non-emergency staff out of Saudi Arabia after Houthi strikes on an airport and an oil field, reviving fears of a widening regional conflict.
China's benchmark CSI 300 index has entered bear-market territory, falling 20% from its June peak, as a prolonged selloff in mainland equities deepens.
“Nothing has been set aside for his needs.”
The S&P 500 posted a three-day winning streak on Wednesday, and the Nasdaq Composite rose as Tesla and SpaceX rallied.
Southeast Asia's rapid AI adoption is creating business opportunities beyond paid consumer subscriptions, a partner at Bain & Company, told CNBC.
Musk in September donated $158 million to a Republican Super PAC, which sent that cash to a PAC backing GOP Senate nominee Ken Paxton, Talarico's opponent.
Critical PHP security flaws trigger global warnings as Google, OpenAI and Amazon respond to potential cyber threats.
Investors liked what they saw.
Economists polled by Reuters had forecast the Bank of Korea to hold rates.
Facing a potentially giant tax bill that could threaten his voting power, Zuckerberg was days away from listing his Palo Alto home when Meta agreed to create a new class of stock.
Sovereign wealth funds are pouring billions of dollars back into China after a sharp investment slump.
India is grappling with growing public anger against data centers that pose a threat to its ambitions to host the whole world's data.
SpaceX merger commentary is arguably the biggest thing on the minds of Tesla investors right now — and Musk had nothing new to offer on Wednesday.
Meta’s core advertising business delivered a strong quarter, but investors are eyeing promising new businesses around the Muse personal assistant
Here are some of the companies making headlines in extended trading.