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China Is Creeping On U.S. Space Dominance. Can The U.S. Stay Ahead?

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China has become a great competitor to the United States in space. Over the last several years, the country has executed a number of milestones including launching its own low earth orbit space station called Tiangong, landing a rover on the surface of Mars, returning the first ever samples from the far side of the moon and completing its own global satellite navigation system called BeiDou, which directly competes with the U.S. GPS constellation. One reason China has been able to hit these milestones is an injection of investment into its commercial space sector. Total investment jumped from $340 million in 2015 to $3.81 billion in 2025. China now has more than a dozen private rocket manufacturers, some of whom are working on reusable rockets like those made by SpaceX.

Along with its partner, Russia, China is also building a lunar research station. The International Lunar Research Station now includes 13 member states. The initiative stands in opposition to the U.S.-lead Artemis Accords, which lay out a set of principals to guide civil space exploration and includes 56 member states. Still, experts say that there are a number of things the US can do to maintain its leadership in space. These include investing in spacesports, streamlining commercial launch licensing and allocating sufficient spectrum for satellite operations.

Chapters:
0:00 Introduction
1:30 Chapter 1: Jump in space investment
3:04 Chapter 2: Hitting milestones
6:45 Chapter 3: Space is power

Produced and Edited by: Magdalena Petrova
Additional Editing: Darren Geeter
Animation: Emily Park, Christina Locopo, Alisa Stern
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
Additional Sources: NASA, China National Space Administration

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China Is Creeping On U.S. Space Dominance. Can The U.S. Stay Ahead?

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Crypto’s Next Phase Is Bigger Than Bitcoin

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The next phase of crypto’s public-market pitch is less about token prices and more about financial infrastructure. As trading revenue slows, companies including Coinbase, Robinhood, Circle, Bullish and Gemini are trying to show they can own the systems that issue, trade, settle and record assets. The question for investors is whether these new businesses can grow fast enough before the next crypto downturn puts the model under pressure again.

Chapters:
0:00-00:28 Introduction
00:29-1:28 The everything exchange
1:29-3:32 Tokenized Wall Street
3:33-5:24 Beyond stablecoins
5:25-6:47 Treasury companies

Produced by: Charlotte Morabito
Reporting by: Tanaya Macheel
Edited by: Tasia Jensen
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Shawn Baldwin
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images

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Crypto’s Next Phase Is Bigger Than Bitcoin

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The AI Economy’s New Career Ladder

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Artificial intelligence is reshaping the labor market but the shift is not limited to software engineers and office workers. As demand grows for data centers, fiber networks and other digital infrastructure, AT&T CEO John Stankey told CNBC the company needs more technicians, electricians and other skilled workers who do not necessarily need four-year degrees. CNBC spoke with 24-year-old AT&T technician Kyson Cook in Kettering, Ohio to explore how the AI boom could create new career paths for young workers.

Chapters:
0:00 Introduction
2:21 Trying the college path
7:05 On the job vs. college

Produced and additional reporting by: Charlotte Morabito
Hosted and reporting by: Gabrielle Fonrouge
Camera by: Mickey Todiwala
Edited by: Marisa Forziati, Erin Black
Animation: Jason Reginato, Emily Park, Christina Locopo
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images, Travis Tuttle, Kyla Cook, Jason Cook, Elizabeth Arnold

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What to know before investing in private credit

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The sudden collapse last fall of a string of American companies backed by private credit has thrust a fast-growing and opaque corner of Wall Street lending into the spotlight.

Private credit, also known as direct lending, is a catch-all term for lending done by nonbank institutions. The practice has been around for decades but surged in popularity after post-2008 financial crisis regulations discouraged banks from serving riskier borrowers.

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How Cheap AI Could Derail OpenAI And Anthropic’s IPOs

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Chinese AI labs like DeepSeek are matching American frontier capability at a fraction of the cost, and a wave of American and European challengers are building toward the same price point. Adoption is already shifting, with Chinese models taking a growing share of enterprise AI traffic. That’s a problem for OpenAI and Anthropic, which are pitching IPO investors on a premium moat that’s eroding fastest in the enterprise segments they need to dominate. CNBC’s Deirdre Bosa explains how cheap AI from competitors could derail OpenAI and Anthropic’s upcoming IPOs.

Chapters:
0:00 – 1:07: Introduction
1:08 – 4:06: China undercuts the frontier
4:07 – 6:26: American challengers move in
6:27 – 7:43: The SpaceXAI proof case
7:44 – 27:16 Full interview with Cohere CEO Aidan Gomez

Anchor and Columnist: Deirdre Bosa
Produced by: Jasmine Wu
Edited by: Matt Soto
Animations: Emily Park, Jason Reginato, Christina Locopo
Senior Director of Video: Jeniece Pettitt
Additional Editing: Erin Black

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How Cheap AI Could Derail OpenAI And Anthropic’s IPOs

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How Alphabet Slipped Ahead In The AI Race

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18 months ago, Google looked like it had missed the AI revolution. Now, Alphabet’s stock is up 140% over the past year and Wall Street is betting it’s one of the few companies positioned to profit from every layer of the generative AI boom. From Gemini to Google Cloud to its custom TPU chips, the company controls more of the AI stack than almost any of its rivals. This week’s Google I/O is the next big test — investors want to see whether that confidence is backed by a real product roadmap. CNBC’s MacKenzie Sigalos explains how Alphabet became the AI race’s unlikely frontrunner.

Chapters:
0:00 Introduction
2:40 Chapter 1 – Google’s AI comeback
4:55 Chapter 2 – Monetizing AI
9:29 Chapter 3 – Google’s AI future

Reporter: MacKenzie Sigalos
Produced and Edited by: Andrew Evers
Additional Editing: Matt Soto
Senior Director of Video: Jeniece Pettitt
Animations: Jason Reginato, Christina Locopo, Emily Park
Additional Footage: Getty Images, Google

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How Google Quietly Became An AI Powerhouse

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