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Oil prices fall after Trump raises hopes of a U.S.-Iran nuclear deal
The prospect of an agreement between the U.S. and Iran on nuclear terms contributed to a decrease in global crude oil prices, reflecting market expectations of eased geopolitical t...
Read Full Article →Alibaba shares drop 5% in premarket trading after big profit miss
Alibaba’s stock declined in early trading as the company reported lower-than-expected revenue and net income for the last quarter, signaling potential challenges for its financial...
Read Full Article →Group of 21 economies — including U.S. and China — warns of growth slowdown over trade tensions
The combined warning from multiple major economies highlights concerns that escalating trade disputes could lead to a substantial reduction in global economic expansion next year.
Read Full Article →Trump’s critical minerals drive paves the way for a deep-sea gold rush
The push for extracting valuable resources from the ocean floor could lead to substantial economic opportunities and significant investment in the mining industry over the coming y...
Read Full Article →Denmark's economy is booming on drug exports — Trump's tariffs threat won't slow it down
Denmark's economic expansion, largely fueled by a sharp rise in pharmaceutical sales abroad, faces predictions of slowing growth despite concerns over potential trade barriers from...
Read Full Article →Reddit is worth owning if you can handle some volatility, Jim Cramer says
Jim Cramer highlighted that despite potential fluctuations, investing in Reddit could be financially rewarding due to the company's promising growth prospects and recent notable in...
Read Full Article →CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO
CoreWeave reported strong revenue gains in its initial post-IPO earnings, reflecting continued demand driven by advancements in artificial intelligence despite a moderation in grow...
Read Full Article →Cisco says CFO Scott Herren is leaving, company reports earnings beat
Cisco's recent financial results surpassed expectations, and its forward-looking outlook outperformed analyst forecasts, while the company announced the departure of its Chief Fina...
Read Full Article →Hedge fund manager Einhorn sees upside for gold and inflation
The hedge fund manager indicated to CNBC that despite recent gains, gold remains a valuable asset for potential growth and protection against inflationary pressures in the current...
Read Full Article →Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old
Warren Buffett indicated that his decision to relinquish the CEO role was influenced by his recognition of aging's inevitable impact on his capacity to lead the company effectively...
Read Full Article →Nvidia turns positive for 2025, third 'Magnificent 7' member to do so as favored group regains groov...
Nvidia's recent stock increase has improved its financial outlook for 2025, marking it as the third key tech company to show positive projections amid a broader market recovery.
Read Full Article →Klarna CEO says AI helped company shrink workforce by 40%
The integration of artificial intelligence at the Swedish fintech firm has resulted in a substantial reduction of nearly half its staff, reflecting significant cost-saving measures...
Read Full Article →Elon Musk's pro-Trump PAC failed to pay swing state petition signers, new suit alleges
The lawsuit claims that the alleged nonpayment to petition signers could impact the PAC’s credibility and future fundraising efforts, potentially affecting its financial stability...
Read Full Article →Here are things driving the 5-day winning streak in Amazon stock
Amazon's recent positive developments have contributed to sustained gains in its stock price over the past several days, reflecting investor optimism about the company's financial...
Read Full Article →35-year-old in Nashville may have to move family business overseas due to Trump tariffs: 'We can't d...
The Nashville-based loudspeaker company faces potential relocation abroad as increased import costs from new tariffs threaten to significantly raise production expenses.
Read Full Article →Boeing strikes 'largest-ever' 787 jet deal with Qatar Airways, White House says
Boeing and GE Aerospace have finalized a substantial contract valued at $96 billion to provide Qatar Airways with as many as 210 787 jets, marking a major commercial transaction.
Read Full Article →Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range
eToro secured nearly $310 million through its initial public offering, with strong investor demand driving the stock price up 40% during its first day of trading on the Nasdaq exch...
Read Full Article →What easing U.S.-China tensions mean for 2 of our industrial stocks
The recent agreement on tariff reductions between the U.S. and China could influence the market performance and strategic decisions of major industrial companies like Honeywell and...
Read Full Article →AMD announces $6 billion buyback; shares climb 6%
AMD’s recent approval to repurchase $6 billion worth of shares, supplementing the previously authorized $4 billion, reflects a strategic move that has positively influenced investo...
Read Full Article →HBO Max is coming back — Warner Bros. Discovery is renaming its streaming service, again
Warner Bros. Discovery's rebranding of its streaming platform reflects a strategic effort to reduce content quantity and prioritize high-quality programming, potentially influencin...
Read Full Article →Ketchup maker Kraft Heinz investing $3 billion upgrading U.S. manufacturing: Reuters
Kraft Heinz plans to spend $3 billion on modernizing its U.S. production facilities, aiming to improve efficiency and reduce expenses potentially impacted by recent tariff measures...
Read Full Article →Mortgage demand from homebuyers continues to recover, even with higher interest rates
Despite increased borrowing costs, the rise in available properties has encouraged more potential buyers to seek home loans, indicating a gradual improvement in the housing market'...
Read Full Article →How college savers can manage 529 plans in a turbulent market
Amid recent market fluctuations, individuals with college savings accounts should consider adjusting their withdrawal strategies to maintain financial stability and support future...
Read Full Article →Texas Roadhouse shares have heated up, but the coast may not be all clear yet
Texas Roadhouse faces increased cost pressures from rising commodity prices, which could impact its profit margins despite recent gains in its stock performance compared to other c...
Read Full Article →Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges
Tencent experienced a notable increase in both income and profit during the first quarter, driven primarily by strengthened performance within its gaming division.
Read Full Article →CNBC's The China Connection newsletter: U.S.-China relations have changed
The recent U.S.-China trade restrictions have introduced lasting shifts in global economic dynamics, significantly impacting international markets and supply chains with long-term...
Read Full Article →Sony shares rise about 2% in volatile trading following share buyback announcement
Sony's stock experienced a moderate increase amid fluctuating market activity after the company revealed a substantial repurchase plan and reported earnings exceeding expectations.
Read Full Article →Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut
eToro’s decision to set its initial public offering price at $52 per share indicates a market valuation of approximately $4.2 billion, marking a significant milestone before listin...
Read Full Article →Dallas Mavericks were paid $33 million over 3 years by Chime for jersey patch
Chime Financial revealed in its IPO filing that it committed $33 million over a three-year period to secure a prominent jersey patch sponsorship with the NBA team Dallas Mavericks.
Read Full Article →Disney's Dana Walden talks service bundling, linear TV and streaming strategy
Dana Walden outlined how Disney plans to integrate various content offerings and optimize distribution methods to enhance subscriber growth and revenue across its entertainment pla...
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