CNBC

Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data

Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data....

6 days ago

'A delicate dance': JD Vance says economic pressure is the best way to achieve Washington's objectives in Iran

Vance said "what has been true over the last couple of weeks is they felt a lot more pressure than we have."...

6 days ago

Taiwan's AI-fueled forecast of 11% GDP growth likely not sustainable, economists say

Taiwan's economic growth could moderate due to its vulnerability to risks of capex slowdown, macroeconomic downturns, and concentration in semiconductors....

6 days ago

U.S. bond intervention is like 'paying your mortgage with your credit card,' JPMorgan's Sullivan says 

The U.S. government's efforts to manage pressure in the Treasury market risk merely shifting the problem down the road, according to JPMorgan's James Sullivan....

6 days ago

Japan's historic yen intervention has ‘turbo-charged’ the carry trade

Japan's historic effort to prop up the yen may have had an unintended consequence: giving investors a better opportunity to put the carry trade back on....

6 days ago

Chinese humanoid robots' biggest obstacle: humans are still (mostly) better

Humanoid robots still struggle to perform as efficiently as humans in most labor scenarios....

6 days ago

CFTC’s Innovation Advisory Committee meeting addresses emerging prediction market risks

The CFTC's first Innovation Advisory Committee meeting discussed risks of mention markets, with members advocating for tighter consumer protection....

6 days ago

Japan headline inflation rate hits highest this year as energy prices bite

Core inflation — which strips out prices of fresh food but includes energy — was in line with expectations, coming in at 1.8%....

6 days ago

Micron CEO pushes back on memory bear case. 3 key takeaways from Cramer's big interview

Jim Cramer's extended interview with the CEO made us more confident in our newest stock position....

6 days ago

Bessent's efforts in the Treasury market so far haven't worked. Here's what else he can try

Market experts showed skepticism at whether the push would succeed against a bevy of factors working against Treasurys....

6 days ago

The Los Angeles Lakers sold for $12.5 billion. Here’s what every NBA team is now worth

The pending $12.5 billion Lakers sale would lift CNBC’s average NBA team valuation 21% to $6.68 billion, with the Warriors still No. 1....

6 days ago

Hyundai to increase U.S. production at new Georgia plant, CEO tells CNBC

The previously undisclosed capacity increase is part of Hyundai's plan to invest $26 billion in the U.S. through 2028....

6 days ago

Education Department recalculates student loan forgiveness counts, setting some PSLF borrowers back

Many borrowers pursuing Public Service Loan Forgiveness have recently learned that they're further away from debt cancellation than they'd expected....

6 days ago

We're adding two new stocks to our Bullpen watchlist

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

6 days ago

Stripe to buy OpenRouter as fintech expands deeper into AI

Stripe said it's acquiring OpenRouter, as the payments company expands into the artificial intelligence model market....

6 days ago

Arctos agrees to buy 10% of Atlanta Falcons at $10.6 billion valuation, sources say

Private equity firm Arctos has agreed to buy 10% of the Atlanta Falcons in a deal with an enterprise value of $10.6 billion, two sources told CNBC....

6 days ago

U.S. sports fans spend about $2,000 a year on their favorite teams—many find themselves in debt as a result

As football season approaches, many Americans are planning to take on debt to pay for tickets, memorabilia, parlays and more....

6 days ago

California AG tells CNBC that settling Paramount-WBD lawsuit would require 'robust structural remedies'

California AG Rob Bonta discussed the states' antitrust case to block the Paramount Skydance-Warner Bros. Discovery merger with CNBC's David Faber....

6 days ago

Treasury yields rebound, wiping out the decline following Bessent's intervention

Bond yields edged higher after pulling back sharply during Wednesday's session....

6 days ago

How wealthy families can prepare for aging parents and avoid a succession crisis

Relatively few wealthy families are addressing the question of when an aging parent should give up control, advisors and lawyers told CNBC....

6 days ago

Walmart hikes full-year outlook, says it will use huge tariff refund to keep prices low

Walmart is expected to report its fiscal second-quarter earnings on Thursday, offering a read on the consumer and the K-shaped economy....

6 days ago

Where commercial real estate demand is the highest, according to new data

The National Association of Realtors has released a new index that uses factors in local economies to indicate future demand....

6 days ago

Oil prices rise 3% as Trump sharpens Iran rhetoric amid talks impasse

Oil moved higher early Thursday after U.S. President Donald Trump sharpened his rhetoric against Iran....

6 days ago

Somali pirate menace returns as U.S.-Iran war stokes regional chaos and saps enforcement resources

Somali piracy incidents have resurged in the Red Sea region in recent times, especially since the U.S.-Iran war kicked off-major concern for shipping companies....

6 days ago

Humanoid robots' 'ChatGPT moment' could be 10 years away, Unitree founder says

Unitree founder Wang Xingxing says humanoid robots could take up to 10 years to reach a breakthrough comparable to ChatGPT....

6 days ago

Trump scaling down U.S.-South Korea drills risks more than just joint military readiness

The move by Trump also will start to raise questions about the credibility of Washington's commitment to alliances....

1 week ago

SK Hynix shares surge over 12% in Seoul after announcing massive stock buyback

Shares of SK Hynix surged over 12% in Seoul after the company announced a massive stock buyback....

1 week ago

Hyundai's new flagship vehicle is a large luxury Genesis EV

The GV90 features a new design direction for Genesis and expands the Hyundai brand's lineup to seven vehicles in the U.S....

1 week ago

Japan exports beat estimates in July as robust chip shipments power fifth straight month of gains

Shipments of semiconductor equipment posted a massive 49.1% jump in value, reflecting continued demand, boosted by the artificial intelligence boom....

1 week ago

Inside India newsletter: Chip squeeze hits Chinese smartphones in India as Apple, Samsung gain an edge

Rising memory chip costs are reshaping the world's second-largest smartphone market as Chinese brands become expensive, improving the value proposition for Samsung and Apple....

1 week ago

Trump announces 'economic warfare' on Iran, threatens ‘tremendous’ consequences for its backers

The announcement extends a pressure campaign the Trump administration has waged since April under the banner Operation Economic Fury....

1 week ago

Call-buying bonanza around Trump's Hyperliquid comments includes some eyebrow-raising trades

President Donald Trump hinted that regulation may be in the works for Hyperliquid. Interesting trading activity followed....

1 week ago

Trump bemoans Fed interest rate policy, says U.S. should be paying much less

As he has done in the past, Trump accused Fed officials of having political motives....

1 week ago

Where we stand on Broadcom after Marvell muscles in on its key customer Google

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

1 week ago

DOJ cites Comey's novel in urging judge not to toss '86 47' seashells threat to Trump case

"There is no serious dispute that an objective viewer of Comey's post could read it to mean 'Kill President Trump,' " prosecutors said....

1 week ago

Meta's legal troubles has options traders eyeing the 'jade lizard'

One of the many beauties of options trading is the ability to make money on a rangebound stock. Shares of Meta Platforms are presenting that opportunity right now....

1 week ago

Trump touted a deal to avert new tariffs on Canada. Here's what we know so far

Trump's new tariffs on about $20 billion worth of Canadian goods were set to take effect Wednesday, but were postponed by three days....

1 week ago

Carvana shares are under pressure this week as Mark Walter probe fuels investor jitters

The scrutiny raised questions about what could happen to Walter's Carvana position if fallout from the investigation pressures him to raise cash....

1 week ago

Jim Cramer says buy Target on any pullback as turnaround takes hold

Wall Street cheered improving financial metrics across the board in its latest earnings results....

1 week ago

We're booking a five-fold profit on one of drug stock's rally to record highs

This trim doesn't reflect any change in our positive long-term view....

1 week ago

Target says its turnaround is picking up steam, with help from a big tariff refund

Target posted better-than-expected fiscal second-quarter sales and raised its full-year outlook....

1 week ago

Treasury yields pull back from multi-year highs ahead of FOMC minutes

Treasury yields eased on Wednesday from multi-year highs seen in the previous day, as a sell-off at the long end of the curve eased investor jitters....

1 week ago

Personalized cancer vaccine from Moderna, Merck shows promise in first late-stage melanoma trial

The combination regimen significantly extended the time patients lived without their melanoma returning, compared with Keytruda alone....

1 week ago

Lowe's gives muted outlook as it sees 'pressure' in home improvement spending

Lowe's reported mixed results as the retailer said it continued to see pressure in home improvement spending....

1 week ago

Iran reportedly weighs attacks on U.S. targets in Europe as UAE severs trade with Tehran

Washington and Tehran are considering next steps after negotiations fell apart, while the UAE has suspended trade with Iran....

1 week ago