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Nscale, the UK-headquartered AI infrastructure provider.Courtesy: NscaleAI cloud company Nscale is eyeing an initial public offering, the company confirmed to CNBC on Wednesday as it announced a $14 billion deal with U.S. tech giant Microsoft.The London-based company, which provides technology infrastructure to help artificial intelligence scale, has “public market ambitions” which could be realized in the “back end of next year,” Chief Executive Josh Payne told the Financial Times on Wednesday.A company spokesperson declined to comment on where Nscale is considering listing.On Wednesday Nscale announced an “expanded partnership” with Microsoft, netting the younger company $14 billion, a figure first reported…

Travis Hutchison, a soybean farmer, unloads his cargo from his family’s truck at a local grain dealer in Queen Anne, Maryland, on Oct. 10, 2025. Roberto Schmidt | AFP | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Transpacific turmoilThe volatile U.S.-China relationship hit another bump yesterday when President Donald Trump said he is considering placing a cooking oil embargo on Beijing in retaliation for it’s refusal to buy U.S. soybeans. The ongoing feud has led to choppy stock market trading…

Many predict that the artificial intelligence boom will dramatically change how people live and work, and the scale and pace of recent AI deals seems to reflect this. At the center are a handful of companies that are increasingly turning to each other to finance and build out the necessary infrastructure.ChatGPT-maker OpenAI alone has racked up around $1 trillion in deals this year, according to a report from the Financial Times. In September, OpenAI confirmed that it would pay Oracle $300 billion for computer infrastructure over the course of five years. This deal is part of a $500 billion data…

Jeff CarlisleOct 15, 2025, 07:38 AM ETCloseJeff Carlisle covers MLS and the U.S. national team for ESPN FC.The Aug. 10 match between the Portland Thorns and the Seattle Reign looked like countless other NWSL matches at Providence Park in downtown Portland over the years. The stadium’s North End, home to Thorns supporters group Rose City Riveters, kept up a steady beat of chants and songs. The Pride flags and Cascadia banners were draped over the railing. A crowd of 21,811 fans enjoyed a 4-2 victory over their longtime rivals.Compared to the 2022 and 2023 seasons, there were some flags missing,…

France’s Prime Minister Sebastien Lecornu speaks during his statement of general policy at the French National Assembly, France s lower house of parliament, in Paris, France, on October 14, 2025. Mathilde Kaczkowski | Afp | Getty ImagesFrench Prime Minister Sebastien Lecornu’s decision to suspend a controversial pension reform has given markets some welcome relief Wednesday, with the move appearing to stave off another government collapse — at least for now.But the axing of the 2023 reform — a key part of President Emmanuel Macron’s legacy which would have seen the retirement age raised from 62 to 64 — and the…

Where is the tournament and when does it start?Guinea were initially set to host the tournament, but Confederation of African Football (CAF) president Patrice Motsepe announced in September 2022 the West African nation would be stripped of the right. “CAF is going to ask to receive new bids because the infrastructure and facilities are not appropriate or ready for CAF to host the 2025 Nations Cup in Guinea.”Morocco were awarded the hosting rights on September 27 2023. They last hosted the tournament in 1988.The 2025 edition was originally planned to take place during the summer in order to avoid club…

Ted Pick, CEO of Morgan Stanley speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025.Gerry Miller | CNBCMorgan Stanley on Wednesday posted third-quarter earnings that beat expectations by the largest margin in nearly five years on booming equities trading, investment banking and wealth management results.Here’s what the company reported:Earnings per share: $2.80 vs. $2.10 expected, according to LSEGRevenue: $18.22 billion vs. $16.7 billion, according to LSEGThe bank said profit surged 45% from a year earlier to $4.61 billion, or $2.80 per share. Revenue rose 18% to a record $18.22 billion.Morgan Stanley shares…

LONDON, ENGLAND – MAY 18: Minority shareholder of Chelsea, Alexis Ohanian during The Adobe Women’s FA Cup Final match between Chelsea and Manchester United at Wembley Stadium on May 18, 2025 in London, England (Photo by Eddie Keogh – The FA/The FA via Getty Images)Eddie Keogh – The Fa | The Fa Collection | Getty ImagesAlexis Ohanian is expanding his investment portfolio in women’s sports with a new stake in professional women’s volleyball.League One Volleyball (LOVB) announced on Wednesday that Ohanian’s investment firm, Seven Seven Six, will lead the ownership group of a new professional team, LOVB Los Angeles Volleyball.…

Cisse, a 2005 Champions League winner during his own time as part of Liverpool’s attack, is enthused by what Ekitike is already producing.”He brings goals,” Cisse told Get French Football News. “He can score goals. He showed it in Germany, and he’s shown it at Liverpool when he arrived.”I was a little scared that he wasn’t going to play much, but I was wrong. He’s playing, he’s doing good, he’s scoring goals. He’s bringing different options to Mo Salah and Alexander Isak.”He’s a really good player. I know him from France. I knew he had the quality to perform, but…

Cristiano Ronaldo is on track to reach an unprecedented scoring milestone but when he could hit his 1,000th goal? Between the Lines returns for a bonus edition to break down the numbers.Ronaldo set yet another scoring record when he became the outright top scorer in World Cup qualifying history with his double in Portugal’s 2-2 draw against Hungary on Tuesday night. The goals put him on 41 from 51 World Cup qualifying games, moving him clear of the previous record-holder, former Guatemala striker Carlos Ruiz on 39, with Lionel Messi third in the list on 36. Datawrapper This content is…