CNBC

The perfect storm behind the Nasdaq's rout — plus, some of the bright spots in the market

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

5 days ago

We're dipping back into the AI trade with our first data center buy in weeks

The stock is also getting an upgrade, with the expectation of a bounce ahead....

5 days ago

Judge orders Trump to sit for deposition in BBC defamation lawsuit by Dec. 11: Reports

Trump's lawyers had requested that his deposition be conducted between Jan. 11 and Jan. 22....

5 days ago

FIFA launches tender of 2030 men's World Cup U.S. media rights, plans to choose winner by end of year

FIFA is formally auctioning its U.S. media rights and wants bids by Nov. 19....

5 days ago

Comcast beats earnings expectations as media revenue offsets weakness in connectivity

Comcast is in the process of spinning off its media business into a separate publicly traded company....

5 days ago

Jobless claims near the lowest since the 1960s as low-fire trend continues

Initial filings for unemployment insurance slipped to a seasonally adjusted 194,000....

5 days ago

France protests: Macron condemns 'stupid' comments from Trump, others as bond market pressure builds

France is facing a mounting economic crisis that pushed its 10-year government bond yield to a new 24-year high on Thursday....

5 days ago

California's Proposition 40: What voters need to know about the billionaire wealth tax

California's billionaire wealth tax, Proposition 40, looks like a close call based on recent polls. Here is what to know before Election Day on Nov. 3....

5 days ago

American Airlines forecasts bigger loss in 2026 on fuel spike, plans to slow growth next year

It's the fourth major U.S. carrier to cut its 2026 forecast this month because of a spike in fuel costs....

5 days ago

Procter & Gamble earnings beat as sales rise 4%, boosted by laundry and home products

Procter & Gamble topped Wall Street's estimates for its quarterly earnings and revenue....

5 days ago

Nvidia CEO Jensen Huang says neocloud demand is 'off the charts' but capital is scarce

Nvidia CEO Jensen Huang told CNBC Thursday that demand for neocloud firms is "off the charts," but scarce capital is holding back growth....

5 days ago

Barclays to slash 5,000 jobs in AI efficiency push

U.K. banks Barclays said Thursday it plans to cut 5,000 staff, citing efficiency savings from AI....

5 days ago

Oil prices jump on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes

The Middle East conflict could flare up again as the U.S. reportedly plans to resume strikes against Iran....

6 days ago

U.S. pulls diplomats from Saudi Arabia as it reportedly readies Iran strikes after midterms

The U.S. ordered non-emergency staff out of Saudi Arabia after Houthi strikes on an airport and an oil field, reviving fears of a widening regional conflict....

6 days ago

China's stock market sinks into bear territory as CSI 300 extends 10-week rout

China's benchmark CSI 300 index has entered bear-market territory, falling 20% from its June peak, as a prolonged selloff in mainland equities deepens....

6 days ago

Sovereign wealth funds' China and Hong Kong investments surge 190% after a bruising slump

Sovereign wealth funds are pouring billions of dollars back into China after a sharp investment slump....

6 days ago

Bank of Korea holds rates after President Lee calls for boosting housing supply

Economists polled by Reuters had forecast the Bank of Korea to hold rates....

6 days ago

Inside India newsletter: Asia’s hottest data center market aims to quell concerns over water and power use

India is grappling with growing public anger against data centers that pose a threat to its ambitions to host the whole world's data....

6 days ago

CoreWeave’s market confidence erodes as bond yields spike and stock sinks

CoreWeave shares are down 29% in October, and the spreads in its credit default swaps are widening....

6 days ago

Trump denies ordering Starlink slowdown in Ukraine, says he doesn't know who did

Asked if Elon Musk ordered the slowdown, Trump said, "I don't know who did it, but I was not involved."...

6 days ago

Southwest Airlines cuts 2026 profit forecast on higher fuel

Southwest Airlines became the third major U.S. airline this month to cut its 2026 profit forecast due to higher fuel prices....

6 days ago

Tesla beats on earnings and sales even as auto revenue declines

Tesla reported better-than-expected third-quarter results....

6 days ago

BlackRock's Rick Rieder sees 'historic' opportunity in high-quality bonds

Rick Rieder, BlackRock's CIO of global fixed income, lays out his expectations for the fourth quarter and where he sees the best opportunities....

6 days ago

Trump-aligned super PACs pour millions into once-safe GOP House seats

Trump-aligned PACs are pouring hundreds of millions into House and Senate races as Republicans defend an expanding midterm election battleground map....

6 days ago

Meta ordered to pay $25 billion penalty in New Mexico Cambridge Analytica case

Meta to pay $25 billion in penalties related to Cambridge Analytica scandal in New Mexico....

6 days ago

How Ukraine’s drone strikes on Russia crippled the world’s second largest diesel supplier

President Donald Trump has blamed Ukraine for surging diesel prices that are hurting Republicans' election chances with the midterms just two weeks away....

6 days ago

The political ad wars are still being fought over the airwaves even as digital gains share

Broadcast TV is set to capture nearly half of political advertising spending ahead of the midterm election as local stations benefit from record spending....

6 days ago

Mortgage rates drop for the first time in 2 months, but demand still falls further

Mortgage rates finally came down a little, but borrowers are still having trouble getting into the housing market....

6 days ago

Nvidia announces plug and play Vera Rubin racks that can be shipped on a truck

Nvidia says its DSX Pod AI Factory, which combines seven Vera Rubin racks in a shipping container, could cut the time to start serving AI tokens to 14 days....

6 days ago

United Airlines slashes 2026 profit outlook on fuel prices, but travelers keep booking despite higher fares

United Airlines cut its profit outlook for the year as fuel prices continued to climb....

6 days ago

Witkoff heads to Russia for Putin talks as Zelenskyy insists 'nothing about Ukraine without Ukraine'

Speaking in Oslo on Tuesday, Zelenskyy said Washington had reaffirmed its commitment to providing Ukraine with security guarantees. ...

6 days ago

Treasury yields steady as investors await jobless claims, mortgage data

Treasury yields steadied as investors await more data for insights into the U.S. economic picture....

6 days ago

SpaceX up 10% in premarket after earnings beat and Musk hints at Tesla tie-up

SpaceX shares jumped after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger....

6 days ago

'MAKE DEALS': Trump says data centers should pay communities a 'dividend' to win support

Trump says data centers should consider community "dividends" as AI financing worries grow....

1 week ago

Oil prices climb as traders assess Middle East developments

Iran's Revolutionary Guards said Tuesday that naval mines had prevented three tankers attempting to pass through the Strait of Hormuz....

1 week ago

U.S. eyes refining muscle of Indian billionaire Ambani's Reliance as Rubio visits Jamnagar plant

Rubio said the "extraordinary" refining capacity of Reliance could help India diversify its energy supplies, hinting at greater offtake of Venezuelan crude....

1 week ago

Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecast

The company cited power supply delays at its Melbourne facility amid local community and stakeholder opposition for lowering earnings forecast....

1 week ago

Elice's huge stock swings show AI's spending boom is getting more investor scrutiny

The AI boom is entering a more unforgiving phase, as investors question whether the billions poured into data centers will translate into sustainable profits....

1 week ago

Netflix posts third-quarter earnings beat, but shares fall on advertising and revenue guidance

Wall Street and investors will be looking for Netflix to provide additional details about the company's strategy following recent organizational changes...

1 week ago

Boeing wins FAA approval for 737 Max 10 after years of delays

The 737 Max 10, the largest model in the family, was set to start flying in 2020, but increased scrutiny and other safety issues delayed its certification....

1 week ago

If Elon Musk gifts SpaceX stock through Trump Accounts, it will come with a catch

Elon Musk's planned SpaceX stock donation could come with strings attached if he uses Trump Accounts. New Treasury rules limit when shares can be sold....

1 week ago

Mike Bloomberg spent $80M to boost Democrats in midterms: NYT

Democrats are hopeful that they will regain majority control of the House of Representatives and the Senate in November's elections....

1 week ago

Housing is flashing warning signs just as the Fed weighs more interest rate hikes

Housing data deteriorated further in September, according to separate reports Tuesday....

1 week ago