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Mark Zuckerberg, CEO of Meta, is seen in the U.S. Capitol after a meeting in the office of Senate Majority Leader John Thune, R-S.D., on Thursday, March 26, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty ImagesMeta CEO Mark Zuckerberg appears poised to make a big bet on a potentially big market, but one that commands much slimmer margins than his company’s dominant online ad business. Cloud infrastructure has proven to be highly lucrative for hyperscaler peers Amazon, Microsoft and Google, and Zuckerberg has hinted of late that Meta could be headed in that direction. On Wednesday, CNBC’s Jim Cramer…
Morgan McSweeney tell’s Political Thinking with Nick Robinson about part of the first phone call between Prime Minister Keir Starmer and President Donald Trump.Sir Keir’s former chief of staff left his role in Downing St in early 2026.Listen to the full interview here. Source link
Brookfield Asset Management wants to bring data centers to London’s Canary Wharf, the financial district often dubbed the “U.K. Wall Street,” CEO Connor Teskey told CNBC on Thursday. Speaking with CNBC’s “Squawk Box Europe” in Canary Wharf, Teskey said AI infrastructure, and the underlying energy requirements needed to support it, are now “the single largest theme at Brookfield today, bar none.”The firm, which invests across real estate, infrastructure, renewables and private markets, has a multi-gigawatt portfolio of data centers globally, with a growing pipeline of sites both under construction and in development. It also co-owns and manages Canary Wharf, alongside…
As Americans prepare to fire up their grills for the Fourth of July, they’re facing some of the highest beef prices on record. Yet despite the sticker shock, demand for beef and steak are holding up. Beef prices have surged after the U.S. cattle herd shrank to its smallest size in decades following years of drought, high feed costs and herd liquidation. The resulting supply crunch has driven up cattle prices and, ultimately, the cost of beef at grocery stores and on restaurant menus.Cattle are herded in a stable on June 05, 2026 in Hamilton, Texas. Brandon Bell | Getty…
Automakers tap America’s 250th, World Cup to rev up patriotism Source link
Shane Jacobson, CEO of the American Cancer Society, had similar thoughts. “Codifying shifting policy preferences into formal federal regulations risks triggering repeated cycles of overhaul with each change in administration,” he said in a statement. “Such back-and-forth would create a chronically unpredictable environment, making it extremely difficult for institutions and investigators to plan and sustain the multi-year, long-term research essential to clinical trials and breakthrough discoveries that patients urgently need.” Nancy Brown of the American Heart Association echoed these worries, saying, “Policies that undermine independence or shift decisions away from established scientific and public health expertise risk weakening the innovation…
Money for buildings and other infrastructure in Wales could be cut by as much as £30m within the next year because of UK government defence plans, the Welsh government has estimated.On Tuesday the Welsh government said that it expects to lose money from its £3.7bn capital budget because of the Defence Investment Plan – but it was not clear how much.The Welsh government said it expects further cuts in further years with a “direct impact for schools, hospitals and transport”.If £30m was cut, that would be about 0.8% of the capital budget, but current figures suggest all bar £29,000 is…
Gitanas Nauseda, Lithuania’s president, at a European Council meeting in Brussels, Belgium, on Thursday, June 18, 2026.Bloomberg | Bloomberg | Getty ImagesLithuanian President Gitanas Nauseda on Thursday said the Baltic country’s top political leaders had agreed that a constitutional ban on the domestic deployment of nuclear weapons should be removed.The decision comes shortly after lawmakers in Finland, another NATO member that shares a border with Russia, voted to lift its longstanding ban on nuclear weapons.Speaking to reporters shortly after the decision, Nauseda said Article 137 of Lithuania’s constitution had become “outdated” and “obsolete,” according to a report from state broadcaster…
The June jobs report on Thursday could be more robust than expected due to a strong kick from the World Cup, according to Goldman Sachs.Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus from economists surveyed, which would be a step down from the sturdy 172,000 growth in May.But Goldman said private data from Homebase, a small business payroll firm, suggests that the “Beautiful Game” has had at least a modest impact on hiring, contributing about 40,000 positions last month.The firm’s latest report indicates that while the pace of hiring in June looks…
AI agents will soon have the ability to match the capabilities of human traders, Robinhood CEO Vlad Tenev predicts.The power of agentic technology — AI that can carry out tasks for users — has been touted as potentially transformational by many in the tech sector, with industry giants including OpenAI and Anthropic racing to develop such products.Robinhood unveiled tools in May that allow AI agents to trade stocks and make purchases on users’ behalf. “The idea behind agentic trading…[is] every capability a human can do will be available to an AI agent,” Tenev told CNBC’s Karen Tso on Thursday. “I…