CNBC

AMD earnings are a key test for chips and momentum stocks. Here's what the options market is saying

As AMD prepares to report earnings Tuesday after the bell, market participants face a divergence between positive earnings results and negative price action....

1 week ago

Pfizer tops estimates, hikes low end of revenue guidance on strength of Eliquis, other drugs

Pfizer said it cut its full-year revenue expectation for its Covid products to $4 billion, down from around $5 billion previously. ...

1 week ago

Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement'

1 week ago

McDonald's earnings beat estimates, chain announces new U.S. head to accelerate growth

McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion....

1 week ago

Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges

Merck cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals. ...

1 week ago

Palantir jumps 16% on 'otherworldly' commercial revenue — here's what's driving the demand

"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter earnings....

1 week ago

Trump warns Iran talks are ‘last chance’ to end war — oil prices rise as Tehran denies negotiations

President Donald Trump has warned that the latest round of negotiations with Iran are the "last chance" to bring an end to the five-month conflict....

1 week ago

BP profit more than doubles as Trump blasts Big Oil for ‘making too much money’

The result come after U.S. President Donald Trump lashed out at Big Oil for making "too much money" off higher fuel prices amid the Iran war....

1 week ago

Saudi Aramco profits soar in second quarter as Iran war squeezes oil supply

The results come as oil supermajors have reported blowout quarterly profits, benefitting from higher fossil fuel prices amid the Iran war....

1 week ago

HSBC pretax profit beats estimates, boosted by higher net interest income and fees

1 week ago

AI is helping Grab ship products 3 times faster, CFO says, as company raises forecasts

Grab reported second-quarter results on Tuesday and raised its full-year outlook....

1 week ago

India to raise up to $3.3 billion by selling stake in country’s largest life insurer at 10% discount

Indian government plans to raise up to $3.3 billion by selling its stake in the country's top life insurance company....

1 week ago

Analysis: Federal Reserve may be pulled into Bessent’s effort to support Japan’s yen

Treasury Secretary Scott Bessent wants to defend the yen without selling Treasurys into a sensitive U.S. bond market. The Federal Reserve could help....

1 week ago

Jim Cramer says the market has warmed up to Big Tech's AI spending. Here's what flipped the switch

Cramer said Amazon CEO Andy Jassy finally explained how Amazon's massive AI spending will generate long-term returns....

1 week ago

Big Tech's Anthropic and OpenAI stakes are distorting the corporate earnings picture

If you were to strip out Big Tech's investment gains from private AI companies, the earnings story is a lot less bullish....

1 week ago

Snap's stock jumps 12% on earnings beat and strong sales forecast

Snap beat analysts' estimates across the board in its second-quarter earnings report....

1 week ago

Twenty five states sue Trump administration over latest global tariffs

Twenty five states sued the Trump administration, arguing its latest global tariffs unlawfully replace duties already struck down by courts....

1 week ago

Trump says Exxon and Chevron made 'too much money' off high oil prices during Iran conflict: 'I don't like it'

1 week ago

'The Odyssey' fuels Imax stock to all-time high. CEO calls momentum a 'flywheel'

Imax shares hit an all-time high Monday as the company continues to haul in box office receipts for Christopher Nolan's "The Odyssey."...

1 week ago

Hugging Face CEO says China is winning the AI race and dominating on open models

Hugging Face CEO Clément Delangue said Chinese AI models could catch up to the U.S. as soon as this year....

1 week ago

FAA clears smallest Boeing 737 Max to fly after years of delays

Airlines can finally start flying passengers soon after planes are certified, but it can take them months to work them into schedules....

1 week ago

White House to host AI companies Tuesday to review new model-testing framework

President Donald Trump’s June executive order directed officials to develop a process to evaluate the cybersecurity capabilities of advanced AI models....

1 week ago

Amazon tops $3 trillion market cap as stock continues post-earnings surge

Shares of Amazon hit a new all-time high Monday, putting its market cap over $3 trillion....

1 week ago

Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams

It is also the latest move by Visa to expand its value-added services business, which has become one of the company's fastest-growing divisions....

1 week ago

SpaceX's post-IPO plunge sets tense backdrop for first earnings report

Two weeks after Tesla's earnings report was panned by Wall Street, Elon Musk faces investors again, but this time to discuss SpaceX's results....

1 week ago

Are Americans ready to embrace tiny 'cars'? These companies think so

Electric low-speed vehicles, or LSVs, are a step above a traditional golf cart but below a typical light-duty car or truck sold in the U.S....

1 week ago

Senate appears ready to advance Blanche after Cornyn strikes deal

Sen. John Cornyn, R-Texas, a key holdout on confirming Todd Blanche for attorney general, struck a deal to end the controversial "anti-weaponization fund."...

1 week ago

Greece wildfire in pictures: Firefighters battle blaze worsened by 100km per hour winds

Greece is entering its second week of wildfires spread by extreme winds as more countries in Southern Europe battle with intensifying climate change....

1 week ago

What the market is saying about the U.S. intervention to prop up the yen

Following the joint involvement the yen now sits at ¥157 to the dollar, down from just above ¥163, which represented its lowest level in four decades. ...

1 week ago

Alibaba shares rally after unveiling its 'most powerful' AI model as U.S.-China competition heats up

Alibaba unveiled its latest and 'most powerful' AI model Qwen3.8-Max on Monday as Chinese companies race to close the AI gap with the U.S....

1 week ago

AstraZeneca shares drop 7% after report on $400 billion merger talks with Bristol Myers Squibb

The companies have discussed a potential merger over several months, the Financial Times reported on Sunday....

1 week ago

'Winter is coming': Ukraine fears its toughest test since Russia's full-scale invasion

Russian forces have ramped up the number of missile strikes on Ukrainian cities, likely seeking to exploit Kyiv's shortage of ballistic missile interceptors....

1 week ago

Why the U.S. stepped in after decades to prop up Japan's yen — and what's at stake

Washington's decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention....

1 week ago

Trump says Iran talks to resume Monday after calling off planned strikes

The latest peace proposal calls for warring parties to return to negotiations and continue working out some of the thorny issues that derailed diplomatic efforts....

1 week ago

U.S., Japan confirm coordinated yen intervention, signal readiness for more

Japan's Finance Ministry said Monday it conducted a coordinated yen-buying intervention with the U.S. Treasury on Friday....

1 week ago

Oil drops over 4% after Trump calls off planned strike on Iran

Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran....

1 week ago

AstraZeneca in talks with Bristol Myers Squibb on $400 billion megadeal, FT reports

U.K. pharmaceutical giant AstraZeneca is considering a deal to merge with its U.S. rival Bristol Myers Squibb....

1 week ago

GOP Sen. Moreno says ex-son-in-law Max Miller shouldn't serve in House, needs 'serious psychological help'

Miller has denied the allegations made against him by his ex-wife Emily Moreno, daughter of Ohio Sen. Bernie Moreno....

1 week ago

'Spider-Man: Brand New Day' chases 'Avengers: Endgame' opening record with $355 million domestic debut

Sony and Marvel's "Spider-Man: Brand New Day" snared $355 million in estimated domestic box office on its opening weekend, the second-highest debut of all time....

1 week ago

Op-ed: The U.S. lead over China in AI is all but gone

AI debate in recent years has centered on whether the U.S. can develop a strategy capable of preserving an edge over China. The answer isn't looking positive....

1 week ago

Top Wall Street analysts are bullish on these 3 dividend stocks for passive income

Tracking top analysts can help investors shortlist attractive dividend stocks, as these experts provide useful insights....

1 week ago

Trump says he has canceled a planned attack on Iran after reaching an agreement over the 'perimeters of a deal'

The U.S. president said Iran and its regional neighbors asked the U.S. to hold off any attacks after 'the perimeters of a deal has been agreed to'....

1 week ago

Goldman traders are on pace for a record year. A close-up look at how they're doing it

In a new interview with CNBC, a Goldman exec breaks down what's driving stocks, where markets are headed, and how the bank’s equities desk fuels its growth....

1 week ago

Berkshire Hathaway shares hit eight-month high

The conglomerate that Warren Buffett built rallied to an eight-month high this week. There could be more gains ahead if they play catch up with the S&P 500....

1 week ago

Trump Media's new paid data service goes live, giving clients faster access to Trump’s posts

Trump Media and Technology Group's new paid data service launched Aug. 1, selling faster access to top Truth Social posts from President Donald Trump and more....

1 week ago