CNBC

Tanker attack tests Trump’s claim that Hormuz is a 'functioning strait'

Tanker attack tests Trump’s claim that Hormuz is a 'functioning strait'

An oil tanker was struck by an unidentified projectile in the Strait of Hormuz, keeping alive risks deterring vessesl fr...

2 hours ago
Japanese startups, IPOs set for boost with platform to trade unlisted companies

Japanese startups, IPOs set for boost with platform to trade unlisted companies

The Japanese regulator's registration of a new trading platform for unlisted shares could help create a more favorable c...

3 hours ago
China industrial profit growth in July slumps to 7-month low of 11.2%

China industrial profit growth in July slumps to 7-month low of 11.2%

Industrial corporate profitability has seen a notable turnaround, swinging from years of declines since 2021 and barely ...

5 hours ago
Bank of Korea delivers back-to-back rate hikes as core inflation stays elevated

Bank of Korea delivers back-to-back rate hikes as core inflation stays elevated

The Bank of Korea hiked rates by 25 basis points to 3%, its highest since January 2025 and in line with expectations....

6 hours ago
Inside India newsletter: U.S., Russia vie for a bigger slice of the world’s third-largest energy market

Inside India newsletter: U.S., Russia vie for a bigger slice of the world’s third-largest energy market

U.S. and Russia are competing to assert dominance in the world's third largest energy market....

7 hours ago
U.S. still watching allies for alignment of interests even amid defense pullback, analyst says

U.S. still watching allies for alignment of interests even amid defense pullback, analyst says

The U.S. may be asking allies to step up their own defense, but it still wants them to align on geopolitical interests....

7 hours ago
Republicans are dismissing affordability. That could be a problem in November

Republicans are dismissing affordability. That could be a problem in November

President Donald Trump quipped that affordability was "devised" by Democrats, while Vice President JD Vance said groceri...

8 hours ago
Okta pops 19% after topping estimates as AI threat spikes demand for identity security

Okta pops 19% after topping estimates as AI threat spikes demand for identity security

New products accounted for 30% of total bookings and Okta said it closed dozens of AI deals during the period...

10 hours ago
Salesforce stock jumps 14% on AI growth and Anthropic investment gain

Salesforce stock jumps 14% on AI growth and Anthropic investment gain

Salesforce's Anthropic stake led to higher profit in the latest quarter....

11 hours ago
OpenAI’s Jalapeño AI chip brings new 'threat' to Nvidia margins as custom silicon gains ground

OpenAI’s Jalapeño AI chip brings new 'threat' to Nvidia margins as custom silicon gains ground

OpenAI’s Jalapeño chip beat Nvidia Blackwell systems on key inference-efficiency tests as custom AI silicon gains ground...

12 hours ago
Micron elevates two executives. Plus, what the Meta settlement means for its top line

Micron elevates two executives. Plus, what the Meta settlement means for its top line

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hou...

13 hours ago
Federal judge lifts final block on Trump mail-in voting order, clearing way for midterm restrictions

Federal judge lifts final block on Trump mail-in voting order, clearing way for midterm restrictions

The rule in question would require election officials to give USPS voter information and use federally reviewed, uniquel...

13 hours ago
The post-penny economy: How cash rounding and credit card surcharges are changing what you pay

The post-penny economy: How cash rounding and credit card surcharges are changing what you pay

More merchants are rounding change for cash purchases to the nearest nickel due to the end of penny production, or addin...

14 hours ago
Mark Walter's TWG Global says there's 'no fraud' amid probe of insurers' disclosures

Mark Walter's TWG Global says there's 'no fraud' amid probe of insurers' disclosures

The empire of billionaire Los Angeles Dodgers owner Mark Walter has faced media scrutiny since he said he would sell his...

15 hours ago
Fed, NASA and DOJ among victims of China hacker group: Court documents

Fed, NASA and DOJ among victims of China hacker group: Court documents

Hackers targeted networks "operated by hospitals, telecommunications providers, power companies, financial institutions,...

16 hours ago
Meta settles social media addiction trial with California, other states

Meta settles social media addiction trial with California, other states

Meta and coalition of state attorneys general settled a federal trial centering on allegations that the social media gia...

18 hours ago
Iran says the U.S. is standing in the way of Hormuz deal amid talks with Oman

Iran says the U.S. is standing in the way of Hormuz deal amid talks with Oman

Iran and Oman are approaching a deal to secure safe transit through the Strait of Hormuz and future administration of th...

19 hours ago
Medical device maker Boston Scientific is being hit by a cyberattack. The shares are falling

Medical device maker Boston Scientific is being hit by a cyberattack. The shares are falling

The attack has disrupted the company's ability to ship products, and it's not clear when services will be restored....

19 hours ago
Mortgage rates hit highest level in 3 weeks, weakening demand further

Mortgage rates hit highest level in 3 weeks, weakening demand further

Mortgage rates rose again last week causing demand for both refinances and purchase loans to drop. Rates rose to their h...

20 hours ago
Haidilao shares jump as delivery growth and new restaurant brands boost outlook

Haidilao shares jump as delivery growth and new restaurant brands boost outlook

Haidilao shares rose after results showed strong growth in delivery and newer restaurant formats, even as revenue from i...

22 hours ago
Temasek-backed investor behind Unitree pitches Singapore as Chinese robots' path to U.S.

Temasek-backed investor behind Unitree pitches Singapore as Chinese robots' path to U.S.

As Washington shuts out Chinese robotics, a Temasek-backed VC bets that startups with genuine development in the city-st...

1 day ago
'Too much too quickly': Indonesia's growth ambitions questioned by economists

'Too much too quickly': Indonesia's growth ambitions questioned by economists

Indonesia has set an ambitious growth target, but economists aren't sure it can get there while keeping the deficit in c...

1 day ago
HP partners with U.S.-blacklisted Huawei for licensing the Chinese company's WiFi tech

HP partners with U.S.-blacklisted Huawei for licensing the Chinese company's WiFi tech

It's a sign of adoption of Huawei technology outside China, despite the U.S. restricting the company from working with A...

1 day ago
Trump's Saudi nuclear deal reaches Congress as experts warn of proliferation risk

Trump's Saudi nuclear deal reaches Congress as experts warn of proliferation risk

Some Democratic lawmakers and nonproliferation advocates have criticized the pact for not including a permanent prohibit...

1 day ago
Oil falls on easing concerns of renewed tensions as the U.S. pivots to economic pressure on Iran

Oil falls on easing concerns of renewed tensions as the U.S. pivots to economic pressure on Iran

Oil fell Wednesday, as investors continue to assess the U.S. pivot toward economic sanctions rather than military strike...

1 day ago
Amazon service Bezos once called 'artificial artificial intelligence' is shutting down

Amazon service Bezos once called 'artificial artificial intelligence' is shutting down

Mechanical Turk launched in 2005 as a way to farm out tasks that are easy for humans to complete but too challenging for...

1 day ago
From military alliance to economic partnership: How Trump is redefining U.S.-South Korea ties

From military alliance to economic partnership: How Trump is redefining U.S.-South Korea ties

Trump last Sunday instructed the Pentagon to cut military drills because they were "costly" and send "inappropriate and ...

1 day ago
Dick’s Sporting Goods just had its worst day ever. Here's Jim Cramer's advice on the stock now

Dick’s Sporting Goods just had its worst day ever. Here's Jim Cramer's advice on the stock now

CNBC’s Jim Cramer said investors shouldn’t give up on Dick’s after its record 30% plunge....

1 day ago
SpaceX plans to build a $100 billion spaceport in Louisiana

SpaceX plans to build a $100 billion spaceport in Louisiana

SpaceX plans to establish its Starbase, LA in Vermilion Parish, which will "support thousands of launches annually."...

1 day ago
Investor competition for commercial real estate sees strongest growth in a year

Investor competition for commercial real estate sees strongest growth in a year

Even though macro uncertainty and volatility continue to show up in the broader economy, bidding keeps rising, according...

1 day ago
2 of our software stocks face major tests of whether their rallies are for real

2 of our software stocks face major tests of whether their rallies are for real

Here are the questions we are looking to answer when CrowdStrike and Salesforce report earnings Wednesday evening....

1 day ago
Here's why markets are starting to care about the 2026 election 10 weeks out

Here's why markets are starting to care about the 2026 election 10 weeks out

Wall Street analysts are tuning in 10 weeks ahead of the Nov. 3 election with concerns about risks to investors dependin...

1 day ago
OpenAI says its Broadcom custom chip is a winner. What does that mean for Nvidia?

OpenAI says its Broadcom custom chip is a winner. What does that mean for Nvidia?

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hou...

1 day ago
Iran and Oman discuss joint shipping route in Strait of Hormuz and mine clearing mission

Iran and Oman discuss joint shipping route in Strait of Hormuz and mine clearing mission

Iran and Oman on Tuesday discussed a proposal to establish a jointly managed shipping route through the Strait of Hormuz...

1 day ago
Trump goes all in on Sen. Darline Graham in South Carolina, as primary losses pile up

Trump goes all in on Sen. Darline Graham in South Carolina, as primary losses pile up

Sen. Darline Graham squares off Tuesday against Rep. Ralph Norman in a bid to win the GOP nomination for the a South Car...

1 day ago
Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail

Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail

The bond market interventions have generated a modest decline in yields along with a growing chorus of derision....

1 day ago
China needs U.S. dollars but is building a hedge against Washington’s sanctions

China needs U.S. dollars but is building a hedge against Washington’s sanctions

The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternat...

1 day ago
Dick's Sporting Goods stock falls 20% as retailer misses expectations, cites 'challenging' footwear market

Dick's Sporting Goods stock falls 20% as retailer misses expectations, cites 'challenging' footwear market

Dick's Sporting Goods reported fiscal second-quarter earnings on Tuesday that missed Wall Street expectations amid what ...

1 day ago
The 'debasement trade' returns after Bessent bond maneuver. Crypto and gold are back in style

The 'debasement trade' returns after Bessent bond maneuver. Crypto and gold are back in style

Concern over the size and the cost of U.S. government spending has given new life to the debasement trade....

1 day ago
Canada poised to retaliate against Trump tariffs: 'We're not waiting by the phone'

Canada poised to retaliate against Trump tariffs: 'We're not waiting by the phone'

Canadian trade negotiators left the U.S. last week after failing to clinch a trade deal that would stop President Donald...

1 day ago