News from CNBC Business
What is your interest today?
Tesla climbs in premarket trading as stock reels from Trump-Musk drama
Tesla’s stock experienced notable fluctuations in early trading following a public dispute involving Elon Musk and President Trump, resulting in a significant shift in the company’...
Read Full Article →At WWDC, Apple's AI strategy comes into question
Investors are closely monitoring how Apple plans to invest in and develop artificial intelligence technology, as competitors advance their AI hardware, potentially impacting the co...
Read Full Article →Peak private equity? Sector gets defensive about its ability to generate top returns
Private equity leaders at a major conference highlighted concerns about future profitability as decreased transaction volumes suggest a more cautious investment environment and pot...
Read Full Article →The world could be facing another 'China shock,' but it comes with a silver-lining: Cooler inflation
A renewed surge in Chinese manufacturing and exports may impact global markets significantly while potentially easing inflationary pressures in various economies worldwide.
Read Full Article →India's central bank beats market expectations to deliver outsized rate cut of 50 points
India’s central bank unexpectedly lowered interest rates by 0.5%, marking the third consecutive reduction since February and pushing borrowing costs below analysts’ anticipated med...
Read Full Article →Trump and Musk feud draws reactions from billionaires, politicians and pundits. Here's who said what
The public exchange between Trump and Musk highlights tensions among influential figures, potentially influencing investor confidence and market perceptions related to recent fisca...
Read Full Article →Sweden is feeling the heat from Trump tariffs — and there's more to come
Sweden's economic growth and household finances are being impacted by increased import costs due to U.S. trade policies, with further financial challenges anticipated in the near f...
Read Full Article →Omada Health prices IPO at $19 per share, in middle of expected range
Omada Health’s initial public offering at $19 per share marks a significant financial milestone as it enters the public market shortly after a similar company in the digital health...
Read Full Article →We're lifting our price target on Broadcom after its AI business impresses once again
Following Broadcom’s latest earnings report, increased enthusiasm about its artificial intelligence segment has positively influenced investor outlook, resulting in an upward revis...
Read Full Article →Jim Cramer analyzes stocks that recently hit new 52-week highs
Stocks reaching their highest prices in a year often indicate strong investor interest and potential momentum, providing valuable insights for making informed financial decisions i...
Read Full Article →Broadcom beats on earnings and revenue
Broadcom’s strong financial performance reflects significant growth in its AI segment, which has become a key driver of increased profitability and overall revenue expansion for th...
Read Full Article →Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Recent workforce reductions across various firms reflect broader efforts to streamline expenses, with some organizations attributing part of these changes to advancements and integ...
Read Full Article →Trump says Elon Musk went 'CRAZY,' suggests cutting government contracts for his companies
The disagreement between President Trump and Elon Musk highlights potential impacts on government spending and contract allocations that could influence federal budget priorities a...
Read Full Article →Lululemon shares tumble 23% as it cuts full-year earnings guidance, citing 'dynamic macroenvironment...
Despite surpassing first-quarter earnings projections, Lululemon lowered its annual profit forecast due to uncertain economic conditions, causing investor confidence to decline and...
Read Full Article →Microsoft's stock hits fresh record, rallying despite drop in broader market
Microsoft’s shares reached their highest level in nearly a year, demonstrating strong investor confidence and resilience even as overall market trends showed decline.
Read Full Article →Stablecoin issuer Circle soars as much as 235% in NYSE debut after pricing IPO above expected range
Circle's strong debut on the NYSE, marked by a significant price increase, highlights growing investor interest and confidence in crypto-focused firms entering the public markets.
Read Full Article →Trade deficit fell by a record amount in April as demand dropped for imports
In April, the trade gap narrowed significantly due to a decrease in import purchases, resulting in a substantial reduction of the overall imbalance to $61.6 billion.
Read Full Article →Tesla shares sink 8% as Musk-Trump spat over budget bill boils over
Tesla’s stock experienced a notable decline following recent tensions involving Elon Musk and political figures, interrupting the substantial gains achieved earlier this year amid...
Read Full Article →Silver jumps to highest level in 13 years, following gold's 2025 rally
The recent increase in silver prices marks a notable shift in the market, influencing investment strategies and potentially altering the valuation dynamics within the precious meta...
Read Full Article →Trump speaks with Xi, will resume talks between U.S. and China over tariffs
The conversation between Trump and Xi highlights ongoing efforts to ease trade tensions, which could impact economic stability and influence markets affected by the temporary halt...
Read Full Article →Palantir CEO Karp says AI is dangerous and 'either we win or China will win'
Palantir's leadership emphasizes that the outcome of the AI competition between major global powers could greatly influence technology markets and investment trajectories in the co...
Read Full Article →Satellite imaging play Planet Labs pops more than 50% after posting earnings beat, record revenue
The company's stock experienced a significant increase following better-than-expected financial performance and the achievement of unprecedented revenue levels during the recent qu...
Read Full Article →European Central Bank trims interest rates after inflation dips below target
The recent reduction in interest rates by the ECB, anticipated by investors, reflects an adjustment in monetary policy aimed at supporting economic growth amid easing inflation pre...
Read Full Article →Cramer says call between Trump and Xi 'could change everything you see' in market
A conversation between prominent international leaders may influence global economic trends and impact investment strategies due to potential shifts in trade policies and market ex...
Read Full Article →Disney says its theme parks generate $67 billion in annual U.S. economic impact
Disney's theme parks contribute substantially to the U.S. economy each year, reflecting their importance amid expanding entertainment options and new developments in the industry.
Read Full Article →Procter & Gamble to cut 7,000 jobs as part of broader restructuring
The planned workforce reduction is expected to impact Procter & Gamble’s operational costs and may influence the company’s financial performance, with further information to be pro...
Read Full Article →Brown-Forman shares plummet as whiskey maker warns of tariff uncertainty
Brown-Forman faces financial challenges as stagnant whiskey sales combined with decreases in tequila and ready-to-drink product lines contribute to market concerns amid ongoing tra...
Read Full Article →NBA team sponsorship revenue up 8% to $1.6 billion, boosted by jersey patches
The increase in sponsorship income reflects growing commercial opportunities for NBA teams, supported by new revenue streams and the upcoming substantial media rights agreement sta...
Read Full Article →Here's how tariffs could affect the price of goods like shoes and sweaters
A recent analysis indicates that implementing tariffs on imports from Vietnam may lead to increased costs for consumer products such as footwear and clothing, impacting overall ret...
Read Full Article →Federal student loan interest rates just fell for the first time in 5 years—here's what borrowers wi...
The recent decrease in federal student loan interest rates marks a shift that will affect repayment amounts for new borrowers, potentially reducing the overall cost of borrowing fo...
Read Full Article →