CNBC

South Korea’s Kospi has staged a stunning comeback. How long will the bull market last?

South Korea’s Kospi has staged a stunning comeback. How long will the bull market last?

South Korea's Kospi has staged a reversal from its latest rout, returning to bull-market territory as investors piled ba...

2 days ago
This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips

This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips

Counterpoint Research looked at the NAND segment of memory chips, which is benefitting along with the larger DRAM segmen...

2 days ago
Goldman says Japan's $1 trillion of reserves leaves 'plenty of capacity' for further yen interventions

Goldman says Japan's $1 trillion of reserves leaves 'plenty of capacity' for further yen interventions

Japan has enough cash at its disposal for a couple more rounds of yen-buying on the scale of last month's intervention, ...

2 days ago
South Korea's Kospi swings from bear to bull-market territory in just over a month on AI trade

South Korea's Kospi swings from bear to bull-market territory in just over a month on AI trade

South Korean stocks rallied on Thursday, pushing the benchmark Kospi into a technical bull market....

2 days ago
EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data

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...

2 days ago
Japan wholesale inflation eases slightly to 7.2%, undershooting expectations

Japan wholesale inflation eases slightly to 7.2%, undershooting expectations

The PPI reading was lower than the 7.4% expected by economists polled by Reuters, and was down from a revised 7.3% seen ...

2 days ago
Google’s new Pixel 11 puts Gemini at center of AI phone battle with Apple

Google’s new Pixel 11 puts Gemini at center of AI phone battle with Apple

Google is launching the Pixel 11 lineup weeks before Apple rolls out a rebuilt Siri powered by Gemini AI models....

2 days ago
Small investors became a major stock market force. Now, they risk getting pushed back into the dark

Small investors became a major stock market force. Now, they risk getting pushed back into the dark

Retail investors' access to information could take a hit at a time when they are more important than ever in financial m...

2 days ago
Cisco's stock drops despite earnings, revenue beat

Cisco's stock drops despite earnings, revenue beat

Even though Cisco's quarterly results topped estimates, they weren't good enough to satisfy Wall Street....

2 days ago
Cerebras stock plunges 14% after second earnings report following IPO

Cerebras stock plunges 14% after second earnings report following IPO

Cerebras Systems reported better-than-expected second-quarter revenue and and raised its full-year guidance....

2 days ago
Trump says Karoline Leavitt resigning as White House press secretary

Trump says Karoline Leavitt resigning as White House press secretary

Leavitt, who is the youngest White House press secretary every, gave birth in May to a girl, her second child....

2 days ago
How to trade gold prices as Fed rate hike and inflation odds shifts

How to trade gold prices as Fed rate hike and inflation odds shifts

Gold prices have been volatile in 2026, but a recent rally shows renewed investor interest amid tamer inflation data and...

2 days ago
U.S. budget deficit surged in July to highest level since March 2021

U.S. budget deficit surged in July to highest level since March 2021

Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trill...

2 days ago
'Nobody wants it': Lettuce prices see record-setting plunge as cyclospora spooks consumers

'Nobody wants it': Lettuce prices see record-setting plunge as cyclospora spooks consumers

Lettuce prices posted their sharpest month-over-month decline on record as diners reconsider the vegetable amid the cycl...

2 days ago
CoreWeave surges 18% in premarket after a 'cleaner quarter'. Here's what's happening

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 ...

2 days ago
Chinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven ads

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 jit...

2 days ago
World's largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time

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....

3 days ago
Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes containership

Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes containership

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 cr...

3 days ago
Why the historic U.S.-Japan intervention has failed to halt the yen’s slide

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 ag...

3 days ago
AI agents' 'alarming' hacking skills creates rush to spend on cybersecurity

AI agents' 'alarming' hacking skills creates rush to spend on cybersecurity

AI agents' 'alarming' hacking skills creates a rush to spend on cybersecurity...

3 days ago
Polls begin to close in primary elections across the country

Polls begin to close in primary elections across the country

Progressive Democrats hope to keep their winning streak rolling in Minnesota and Wisconsin....

3 days ago
CoreWeave stock pops 10% as revenue doubles on accelerating AI infrastructure demand

CoreWeave stock pops 10% as revenue doubles on accelerating AI infrastructure demand

CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt....

3 days ago
We're lifting our price target on Cardinal Health after issuing rosy profit guidance

We're lifting our price target on Cardinal Health after issuing rosy profit guidance

The quarter wasn't totally clean, but strong profitability matters the most....

3 days ago
Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

Credit card balances are ticking higher midway through the year, according to a new report on household debt from the Fe...

3 days ago
Baby products company Frida is expanding into kids’ personal care

Baby products company Frida is expanding into kids’ personal care

Baby products company Frida is launching a new category of personal care items for kids, tapping into a growing market a...

3 days ago
Parents could put pretax paycheck money into Trump Accounts, with employers matching, Treasury says

Parents could put pretax paycheck money into Trump Accounts, with employers matching, Treasury says

The U.S. Department of the Treasury issued guidance that could allow parents to make pretax contributions to a child's T...

3 days ago
Eli Lilly takes weight-loss pill battle global with first Foundayo approval in Europe

Eli Lilly takes weight-loss pill battle global with first Foundayo approval in Europe

Lilly's Foundayo wins U.K. approval, taking its weight-loss pill battle with Novo Nordisk's Wegovy beyond the U.S. marke...

3 days ago
Polymarket makes moves to get house in order before expected boom times for prediction markets this fall

Polymarket makes moves to get house in order before expected boom times for prediction markets this fall

The marketing changes come amid an investigation by the Commodity Futures Trading Commission into the company's promotio...

3 days ago
Zelenskyy warns Putin is preparing for escalation by bringing in North Korean military equipment

Zelenskyy warns Putin is preparing for escalation by bringing in North Korean military equipment

His comments come shortly after deadly Russian attacks on cities across Ukraine overnight....

3 days ago
Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?

Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?

The first three-plus years of the AI buildout has been funded by record amounts of equity and debt issued by leading tec...

3 days ago
U.S. judge ends graft case against Indian billionaire Gautam Adani

U.S. judge ends graft case against Indian billionaire Gautam Adani

A U.S. federal judge has approved the Department of Justice's decision to dismiss the criminal probe against Indian bill...

3 days ago
U.S. oil tops $84 as Hormuz deal hopes dwindle and deadlock deepens

U.S. oil tops $84 as Hormuz deal hopes dwindle and deadlock deepens

U.S. crude is back above $84 as last week's anticipation of a U.S.-Iran deal dissipates....

3 days ago
Treasury yields up as oil prices jump and investors await inflation data

Treasury yields up as oil prices jump and investors await inflation data

U.S. Treasury yields edged higher Tuesday as investors await July's inflation data print amid ongoing Iran tensions....

4 days ago
Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade

Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade

Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever....

4 days ago
Singapore revises its annual growth forecast sharply higher on AI-related boost

Singapore revises its annual growth forecast sharply higher on AI-related boost

GDP growth for 2026 is now expected to come in at 4.5% to 5.5%, more than double the low end of its previous forecast of...

4 days ago
Trump claims total control of Hormuz, demands Iran pay reparations as standoff deepens

Trump claims total control of Hormuz, demands Iran pay reparations as standoff deepens

The dueling positions Washington and Tehran staked out showed how far apart the two sides remain even as both talked of ...

4 days ago
CNBC's The China Connection newsletter: 'Spider-Man' and 'The Odyssey' come courting the massive filmgoer market

CNBC's The China Connection newsletter: 'Spider-Man' and 'The Odyssey' come courting the massive filmgoer market

More American movie stars have appeared in China this year, reflecting Hollywood's market interests amid political tensi...

4 days ago
Trump Media posts $238 million second-quarter loss as crypto declines

Trump Media posts $238 million second-quarter loss as crypto declines

TMTG said it has signed more than 10 customer agreements for Truth API, the service offering faster access to President ...

4 days ago
Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure push

Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure push

The capital package highlights the growing role of private capital in financing the costs of the artificial intelligence...

4 days ago