CNBC
CNBC Daily Open: Iran, Oman in talks on Hormuz; SpaceX is loyal to Nvidia on AI
Optimism over a Strait of Hormuz deal pushed the Dow to a record high and its fifth positive day in a row, while oil ext...
Inside India newsletter: What's behind India’s rush to sell shares in state-owned firms
India is ramping up stake sales in state-owned companies to keep the growth engine running amid growing fiscal constrain...
Jim Cramer says investors should consider buying SpaceX for their kids
CNBC’s Jim Cramer said investors should view SpaceX as a multigenerational investment, whose biggest opportunities may t...
Hollywood is cranking out billion-dollar movies again. 'Spider-Man' just joined the ranks
Box office analysts say the resurgence of billion-dollar releases bodes well for a film industry that's still chasing pr...
SpaceX ramps up Tesla Megapack purchases in Q2 to power its AI data centers
SpaceX is using Tesla's big Megapack backup batteries to help power its Colossus AI data centers in Greater Memphis....
Flutter shares plummet on earnings miss and another key leadership change
FanDuel, Flutter's most important business, has been losing its dominance in market share in the United States....
E.l.f. Beauty sees $50 million windfall in tariff refunds as profits surge 100%
E.l.f. Beauty received $50 million in tariff refunds during its fiscal first quarter, leading profits to nearly double....
Marc Benioff gets a new operating chief, as Salesforce promotes Miguel Milano
Salesforce promoted revenue head and former Oracle executive Miguel Milano to role of operating chief....
Trump admin refunds $100 billion in 'liberation day' tariffs
The Trump administration has taken steps to effectively re-create the IEEPA tariff regime using other legal authorities....
How Disney parks are bucking a travel slowdown
Disney posted record quarterly revenue at its parks division despite a continued slump in international travel to the U....
Google chief scientist Jeff Dean leaving in AI reshuffle after 27 years at company
Google's AI divisions are getting reshuffled, the search giant announced on Wednesday....
Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says
Employers have grappled with soaring demand for GLP-1 drugs such as Ozempic and Wegovy, which can cost thousands of doll...
Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
Bank of America was among the prime brokers for the hedge fund, which is run by Leopold Aschenbrenner....
Abdul El-Sayed wins Michigan Democratic Senate primary as voters pivot to the left
Abdul El-Sayed won the Michigan Democratic Senate primary, setting up a context with former Rep. Mike Rogers in the Nove...
Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge
Eli Lilly now expects 2026 revenue to come in between $85 billion and $87 billion, up from a previous guidance of $82 bi...
Private companies added just 44,000 workers in July, below expectations, ADP reports
Hiring at private companies slowed considerably in July, with most of the job growth coming health care....
Uber issues weaker-than-expected bookings, earnings forecasts for third quarter
Uber's earnings were in line with estimates, but the company's guidance for the third quarter trailed expectations....
Disney tops earnings estimates as parks and streaming offer a boost
Disney reported growth at its domestic theme parks and cruises despite mounting macroeconomic uncertainty for consumers....
Oil prices move higher after Yemen's Iran-backed Houthis claim Saudi tanker strike
Crude prices rose Wednesday after Yemen's Houthis claimed they had struck a Saudi Arabian oil tanker in the Red Sea....
AMD plummets 8% in premarket trading despite beating expectations
The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026....
Hormuz deal could be agreed today as Trump hails ‘very good’ Iran talks
U.S. Central Command said the "southern route of the Strait of Hormuz remains free and open"...
SpaceX dives 10% after AI spending surge rattles investors
CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looke...
Novo Nordisk's raised forecast fails to change the debate over its obesity business
Wall Street isn't convinced the Ozempic maker has a promising path back to sustainable growth as competition from Eli Li...
India's central bank keeps benchmark rates steady, cites 'moderate' core inflation
The Reserve Bank of India has kept interest rates unchanged amid creeping inflation....
GM, Chinese automaker extend joint venture for 20 years despite geopolitical tensions with U.S.
GM said the deal will focus on domestic sales of Buick and Cadillac models in China and exporting Chevrolet products bui...
SpaceX's AI spending unnerves Wall Street despite promises of quick payoff
In addressing Wall Street for the first time since SpaceX's IPO, executives tried to make the case that hefty AI investm...
SoftBank jumps 10% as Asia tech stocks track Wall Street AI rally
Asian technology stocks rallied on Wednesday after Wall Street's record-setting session fueled optimism around artificia...
China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts
Beijing's move to tax offshore trusts, long used by China's ultra-rich to hold money, has set off a rush to lawyers and ...
Europe's heatwave isn't cooling Asian travelers' holiday plans for the continent
Asian travelers' appetite for Europe remains resilient despite record-breaking heat, with spending in Northern Europe pr...
Lucid begins 'operational reset' as CEO says EV maker will delay midsize vehicle
The company didn't provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations....
Pinterest shares fall on lukewarm sales guidance
Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in l...
The stock market soars. 5 reasons behind the big surge Tuesday
The Dow had its best day in nearly two months and the S&P 500 rose to new highs....
TikTok users are sharing the items they say are always worth the money—here's what financial planners say
Financial planners weigh in on a recent trend on TikTok that has users sharing the items they swear are always worth the...
Oil prices tumble after Bessent says Strait of Hormuz deal may come this week
Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz would allow freedom of navigation....
Chipotle stock falls on potential link to salmonella outbreak in Minnesota
Chipotle has pulled the affected supply from restaurants and replaced them with peppers from different growers, accordin...
New Jersey sues Amazon on antitrust grounds, alleging it unlawfully wielded its power over delivery contractors
The complaint alleges Amazon's third-party delivery model leads to lower wages, unfair working conditions and a lack of ...
Philadelphia Fed President Paulson content with rates at current level, but keeping an open mind
Paulson said voting with the majority last week wasn't a tough decision....
Procter & Gamble will acquire supplements brand Thorne for $3.8 billion, CEO tells CNBC
P&G CEO Shailesh Jejurikar said the acquisition is play to grow the company's health business on CNBC's "Squawk on t...
Blanche approved by Judiciary Committee, sending Trump's AG nominee to full Senate vote
Attorney General nominee Todd Blanche will still need to receive 50 votes on the Senate floor to be confirmed after clea...
Why Michigan voters are hearing 'communist' as they vote Tuesday
President Donald Trump and Republican allies are escalating attacks that label Democrats communists after progressive ca...
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