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Tesla plunges 36% in first quarter, worst performance for any period since 2022

Tesla had its third-worst quarter ever in the first three months of the year, a stretch that's corresponded with Elon Musk's time with the Trump administration.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

Elon Musk says backlash against his DOGE government cuts is hurting Tesla stock

Shares of Tesla entered Monday down more than 34% year to date, and the stock has been cut nearly in half from its peak in December.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

Conservative cable channel Newsmax spikes more than 700% in first trading day on NYSE

The conservative cable TV channel Newsmax started trading on the New York Stock Exchange on Monday.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

United Microelectronics shares close up 9% on report of potential GlobalFoundries deal

The combined entity would aim to secure American access to mature chips amid potential risks from China competition and tensions between China and Taiwan.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

CoreWeave shares slump nearly 10% in second day of trading

CoreWeave rents out access to Nvidiagraphics processing units to other large tech and AI companies includingMeta,IBMand Cohere.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

Netanyahu gives testimony to Israel police over β€˜Qatar Gate’ trial

Prime minister’s mounting legal troubles bring him into increasing conflict with legal and investigatory bodies

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

Starmer briefed Trump about arrests over alleged vandalism at Scottish golf course

US president describes three people accused of painting pro-Palestinian messages at Turnberry resort as β€˜terrorists’

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

A bombshell judgment on Marine Le Pen

Banning the far-right leader from standing for office will inflame French politics

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

Sentencing Council to suspend guidelines at centre of β€˜two-tier’ justice row in England and Wales

UK government threatens to override independent body with fast-track legislation

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

Chef Robotics raises $20.6 million to continue building AI robot arms

Chef Robotics has raised $20.6 million in a Series A funding round led by Avataar Ventures, the company told CNBC.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end

If OpenAI doesn't restructure into an independent for-profit company by Dec. 31, its mega-financing round could be slashed by $10 billion.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

British Steel’s auditors warn of β€˜material uncertainty’ as it battles to survive

Company had 736mn of debt at end of 2023, much of it from entities controlled by its Chinese parent Jingye

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

Ukraine’s bonds fall as ceasefire hopes fade

Investors fear Russian β€˜slow-balling’ of talks reduces chances of extra payments linked to GDP

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

NYSE’s Texas platform debuts with Trump’s social media stock

Shares of the president’s company fell on the state’s market amid a broad sell-off fuelled by his trade agenda

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

Rocket to buy Mr Cooper in $9.4bn deal to create US mortgage giant

Combined group will service loan book worth more than $2.1tn

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

UK’s largest local authority declares major incident over bin strike

Birmingham city council is concerned about the health risk of 17,000 tonnes of rubbish going uncollected

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

Aston Martin shares pop as Canadian billionaire Lawrence Stroll invests more cash

Stroll's stake in the company is poised to increase to roughly 33% from about 27.7% as part of the transaction.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

UK border security chief aims to cut small boat crossings by half

Martin Hewitt says there is β€˜no quick answer’ to problems of irregular migration to Britain

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

America cannot afford to break global investor trust

Even the most powerful nation in the world needs foreign investment

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

Italy’s births hit record low as Meloni struggles to halt population decline

Number of babies born drops by 2.6% while country grapples with sudden rise in emigration

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

Argentina’s quest for pizza glory

Italians may be sceptical, but heavy, spongy pies from Buenos Aires are heading for international markets

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

Plans to break up Eurostar monopoly given boost by rail regulator

Office of Rail and Road says capacity could be made available at Temple Mills depot

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

German inflation falls to 2.3% in March, backing bets for ECB rate cut

German inflation came in at a lower-than-expected 2.3% in March, preliminary data from the country's statistics office Destatis showed Monday.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

Tariffs and their discontents

If it’s about β€˜fairness’ rather than β€˜inflation’, views shift

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

EU plans to strengthen police powers to tackle foreign threats

Russia’s links with criminal networks among the targets of new proposals to enhance law enforcement

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

Starmer’s hopes wane for UK exemption from US tariffs

Britain has pushed for carve-out ahead of β€˜liberation day’ on Wednesday

Published on: March 31, 2025 | Source: Financial Times - World favicon Financial Times - World

First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey

The Rapid Update, averaging forecasts from 14 economists for GDP and inflation, sees first quarter growth registering an anemic 0.3%.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold

Huawei has been trying to adapt its business to deal with U.S. sanctions that have restricted its access to key technologies like semiconductors.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

U.S. tech giants are betting big on humanoid robots β€” but China's already ahead, analysts say

American tech giants are increasingly focusing on the humanoid robotics space, but analysts say they're at risk of falling behind China.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

Hang Seng tech index slides into correction territory after strong rally as tariff worries sour mood

China's technology stocks fell into correction territory after purported profit taking by investors and trade war uncertainties.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

China's factory activity growth at 1-year high, official survey shows, as stimulus measures kick in

Chinese policymakers pledged to step up stimulus push to achieve a growth target of "around 5%" this year and cushion the impact of an escalating trade war.

Published on: March 31, 2025 | Source: CNBC International favicon CNBC International

UK tech scheme includes AI tool to mark homework as ministers weigh selling data

Public records my be monetised as part of National Data Library within a decade, says science secretary Peter Kyle

Published on: March 30, 2025 | Source: Financial Times - World favicon Financial Times - World

UK cladding fund fix would enable 90,000 affordable homes, councils say

Letter to ministers points out that schemes to reimburse dangerous material removal exclude social housing

Published on: March 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Elon Musk says xAI has acquired X in deal that values social media site at $33 billion

In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.

Published on: March 30, 2025 | Source: CNBC International favicon CNBC International

FirstFT: Pete Hegseth says US planning a β€˜war-fighting’ base in Japan

Also in today’s newsletter, China seeks to shore up its banking sector, and an earthquake deepens the crisis in Myanmar

Published on: March 30, 2025 | Source: Financial Times - World favicon Financial Times - World