CNBC Daily Open: The tariff rate you get is not just about your trade policies

Not only did Trump impose a 25% tariff on India, he also announced a “penalty” on top of the duty because the South Asian country buys Russian oil.

Industry 2025-07-31 02:18

Samsung second-quarter profit more than halves, missing expectations weighed by slump in chip business

Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.

Industry 2025-07-31 01:06

Samsung's second-quarter profit more than halves, missing expectations as chip profits slump 94%

Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.

Industry 2025-07-31 01:06

Samsung's profit more than halves, missing expectations as chip business plunges 94%

Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.

Industry 2025-07-31 01:06

Samsung second-quarter profit more than halves, missing expectations, weighed by slump in chip business

Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.

Industry 2025-07-31 01:06

Meta's big AI spending blitz will continue into 2026

Meta CEO Mark Zuckerberg plans to continue his company’s artificial intelligence spending blitz well into the next year as rival tech giants do the same.

Industry 2025-07-31 01:02

Asia-Pacific markets trade mixed as investors assess BOJ rate decision and fresh tariffs on India, South Korea

Japan’s central bank stood pat on short-term interest rates at 0.5% for the fourth consecutive policy meeting.

Industry 2025-07-31 00:42

Asia-Pacific markets mostly fall as investors assess BOJ rate decision and fresh tariffs on India, South Korea

Japan’s central bank stood pat on short-term interest rates at 0.5% for the fourth consecutive policy meeting.

Industry 2025-07-31 00:42

Asia-Pacific markets trade mixed as investors assess U.S.' 15% tariffs on South Korea; await Bank of Japan's rate decision

Japan’s central bank is widely expected to stand pat on short-term interest rates at 0.5% for the fourth consecutive policy meeting.

Industry 2025-07-31 00:42

U.S. and South Korea strike a trade deal with tariffs on Seoul set at 15%

This deal would mean the duties will be lowered from the 25% that Trump had threatened in his “tariff letter” to Seoul earlier this month.

Industry 2025-07-31 00:09

Figma prices IPO at $33, above expected range

Software developer Figma is poised to debut on the New York Stock Exchange on Thursday, becoming the latest high-profile tech company to go public.

Industry 2025-07-30 23:04

Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club

Based on its post-market trading, Microsoft has become the world’s second $4 trillion company following quarterly earnings.

Industry 2025-07-30 22:28

Arm shares slip as smartphone royalties disappoint

The company reported revenue that missed analysts’ expectations.

Industry 2025-07-30 21:56

Arm shares dip 8% on revenue miss

The company reported revenue that missed analyst expectations.

Industry 2025-07-30 21:56

Qualcomm beats on earnings, highlights growth in Meta smartglasses

Qualcomm reported fiscal third-quarter earnings on Wednesday that beat Wall Street expectations and provided a stronger-than-expected guidance.

Industry 2025-07-30 21:18

Robinhood reports second-quarter earnings beat with revenue climbing 45% over last year

Robinhood was excluded from the S&P 500 last month, a move that surprised some investors as rival fintech Block was added.

Industry 2025-07-30 21:13

Robinhood reports second-quarter earnings beat with revenue climbing 45%

Robinhood was excluded from the S&P 500 last month, a move that surprised some investors as rival fintech Block was added.

Industry 2025-07-30 21:13

U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit

Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus estimate.

Industry 2025-07-30 20:30

Private company hiring bounced back with a 104,000 increase in July, ADP says

Payrolls rose by a seasonally adjusted 104,000 for the month, reversing a loss of 23,000 in June.

Industry 2025-07-30 20:15

Divided Fed holds key interest rate steady, defying Trump's demands for aggressive cuts

A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, with two top officials dissenting.

Industry 2025-07-30 19:00