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Top stories and hot topics from the media in the world, a division of @iBreaking .
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CNBC: Trump administration ends Medicaid, CHIP funding for gender-affirming care for children

Federal dollars in the two health insurance programs would not go toward gender-affirming care, but states could still cover the treatments.

https://www.cnbc.com/2026/08/11/trump-medicaid-chip-funding-gender-affirming-care-children.html
CNBC: Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China

Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?

https://www.cnbc.com/2026/08/11/nvidia-ai-funding-jensen-huang-china-risk.html
CNBC: Cramer says ask yourself these 3 questions to figure out what's really happening in the market

CNBC’s Jim Cramer said investors can quickly gauge the market by focusing on three things: bonds, oil and Nvidia.

https://www.cnbc.com/2026/08/11/cramer-questions-figure-out-market.html
CNBC: EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data

The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.

https://www.cnbc.com/2026/08/12/china-car-sales-data-byd-tesla-geely-vw.html
CNBC: Why the historic U.S.-Japan intervention has failed to halt the yen’s slide

The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.

https://www.cnbc.com/2026/08/12/japan-yen-us-dollar-intervention-.html
CNBC: Oil prices rise as Red Sea, Gulf of Oman attacks heighten supply concerns

Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes.

https://www.cnbc.com/2026/08/12/oil-prices-today-wti-brent-red-sea.html
CNBC: Google’s new AI boss inherits a race to catch OpenAI and Anthropic

Koray Kavukcuoglu is taking charge of Google DeepMind as it tries to keep Gemini competitive with OpenAI and Anthropic.

https://www.cnbc.com/2026/08/12/google-deepmind-koray-kavukcuoglu.html
CNBC: Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes container ship

A cargoship and containership have been hit in the Red Sea and Gulf of Oman as the war inflicts a toll on the world's critical shipping lanes.

https://www.cnbc.com/2026/08/12/us-iran-war-trump-hormuz-houthi-attack-blockade-.html
CNBC: World's largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time

The fund — currently valued at around $2.34 trillion — is an investor in more than 7,000 companies across 60 countries.

https://www.cnbc.com/2026/08/12/norway-sovereign-wealth-fund-spacex-nvidia-apple-nbim.html
CNBC: Treasury yields are little changed as investors await key inflation data

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was largely flat at 4.682%.

https://www.cnbc.com/2026/08/12/treasury-yields-inflation-cpi-data.html
CNBC: Chinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven ads

Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.

https://www.cnbc.com/2026/08/12/china-tencent-earnings-q2-2026-gaming-ai-advertising.html
CNBC: New York City Council announces probe into prediction market platforms’ marketing strategies

In letters to four prediction market platforms, City Council Speaker Julie Menin said the council was also actively considering legislation to address concerns.

https://www.cnbc.com/2026/08/12/new-york-city-council-probes-prediction-markets-marketing-strategies.html
CNBC: Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says

The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.

https://www.cnbc.com/2026/08/12/iea-oil-demand-hormuz.html
CNBC: Coreweave surges 18% in premarket after a 'cleaner quarter'. Here's what's happening

AI cloud giant Coreweave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.

https://www.cnbc.com/2026/08/12/coreweave-q2-earnings-ai-demand.html
CNBC: China’s answer to Boeing and Airbus makes first international flight — could COMAC challenge the aviation duopoly?

China’s C919 has made its first scheduled international commercial flight, a milestone in COMAC’s bid to challenge Boeing and Airbus globally.

https://www.cnbc.com/2026/08/12/china-comac-boeing-airbus.html
CNBC: Scorching heat is straining Europe's nuclear power supplies — and prompting drastic measures

Heat and drought are curbing nuclear output across Europe, with Romania facing a possible reactor shutdown and France reducing generation.

https://www.cnbc.com/2026/08/12/europe-heat-drought-nuclear-power.html
CNBC: Meta and Nvidia plant 'very firm flag' in open-weight AI race led by Chinese Labs

With China way ahead in the market for open-weight models, Meta and Nvidia are both doing what they can to put the U.S. on the map.

https://www.cnbc.com/2026/08/12/meta-nvidia-open-weight-ai-race-china.html
CNBC: AI’s costly buildout complicates the Fed’s inflation fight

Tech leaders say AI will drive down costs. But slow corporate adoption and the data center buildout create inflation pressures that complicate the Fed’s job.

https://www.cnbc.com/2026/08/12/ais-costly-buildout-complicates-the-feds-inflation-fight.html