Lucid names auto industry outsider as CEO, expands Uber deal

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Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026. Danielle DeVries | CNBC Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive. Silvio Napoli, who spent nearly 31 years at Schindler, is set […]


Chrysler CEO touts minivan ‘resurgence’ but stays quiet on plans

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Chrysler and Dodge CEO Matt McAlear wants the world to know that the minivan is not dead. Far from it, he said, at the New York International Auto Show, where he showed off the latest version of the Pacifica Pinnacle, the highest-end trim of the brand’s sole product line. The Chrysler brand — once one […]


JPMorgan CEO Jamie Dimon annual letter cites risks in geopolitics, AI, private markets

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JPMorgan Chase CEO Jamie Dimon is calling for a broad recommitment to American ideals as his bank navigates geopolitical uncertainty, a teetering economy and the revolutionary impact of artificial intelligence. Dimon in his annual letter to shareholders, published Monday, noted the country’s 250th anniversary as “the perfect time to rededicate ourselves to the values that […]


Craft beer BrewDog to launch in Hamptons after Tilray CEO buys troubled brewer

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Irwin Simon, who famously pivoted to legal weed after making a name for himself building an herbal tea empire, is expanding his company’s beer offerings. Tilray Brands, where he is CEO, recently snatched up UK-based BrewDog for a cool $53 million – a far cry from the $2 billion valuation it had at its peak. […]


Nvidia CEO Jensen Huang makes bold prediction that AI chip sales will hit $1T

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Nvidia said the revenue opportunity for its artificial intelligence chips may reach at least $1 trillion through 2027, as the company outlined a strategy to compete more aggressively in the fast-growing market for running AI systems in real time. CEO Jensen Huang unveiled a new central processor and an AI system built on technology from Groq — a […]


Palantir tech gives West critical edge in Middle East: CEO Alex Karp

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Palantir CEO Alex Karp told CNBC on Thursday that artificial intelligence is giving the U.S. and its allies an edge in the escalating conflict in Iran and across the Middle East. “What makes America special right now is our lethal capabilities, our ability to fight war,” Karp said at Palantir’s AIPcon 9 in Maryland. He added that […]


Marvell shares surge 20% as CEO points to continuing AI demand

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Marvell shares ripped 20% higher on Friday as the company posted an earnings beat and issued strong guidance, expecting robust artificial intelligence demand to continue. The semiconductor company reported adjusted earnings of 80 cents per share for the quarter, exceeding the 79 cents per share expected by analysts polled by LSEG. The company reported $2.2 […]


United Airlines CEO says fuel prices will hit first-quarter results

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Scott Kirby, CEO of United Airlines, speaks during the WSJ’s Future of Everything 2025 at the Glasshouse on May 29, 2025 in New York City. Michael M. Santiago | Getty Images BOSTON — United Airlines CEO Scott Kirby said the spike in fuel prices since the U.S. and Israel attacked Iran on Saturday will have […]


Anthropic back in talks with Pentagon — days after CEO said he refused to give Trump ‘dictator-style praise’

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Anthropic is back in “last-ditch” talks with the Pentagon to resolve a bitter dispute over AI safeguards — days after CEO Dario Amodei claimed the clash stemmed partly from its refusal to give “dictator-style praise” to President Trump, according to reports. Amodei has been holding discussions with Emil Michael, the War Department’s undersecretary for research […]


CEO Michael Fiddelke merchandise plans

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A Target store in Chicago, Feb. 10, 2026. Scott Olson | Getty Images MINNEAPOLIS — Target customers will soon see changes on the retailer’s shelves, as the company tries to woo back shoppers during a turnaround effort that has started to catch Wall Street’s eye. Among those shifts, Target will add more fresh and trendy […]