CNBC

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

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

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

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

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 a...

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

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, ...

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

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 E...

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

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

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

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 hou...

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

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,' " pr...

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

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...

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

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 b...

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

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 pre...

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

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....

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

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....

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

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....

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

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 ...

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

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 K...

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

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....

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

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 I...

2 days ago
World’s largest olive oil company pops 17% as rivals circle in takeover battle

World’s largest olive oil company pops 17% as rivals circle in takeover battle

Shares of Spain's Deoleo jumped nearly 16% on Wednesday morning amid an intensifying takeover battle for the world's lar...

2 days ago
China’s backflipping robot maker Unitree pops 542% in Shanghai debut

China’s backflipping robot maker Unitree pops 542% in Shanghai debut

Unitree Robotics shares rise 542% on their first day of trading in Shanghai...

2 days ago
Goldman studied where AI is squeezing labor markets. Here's what it found

Goldman studied where AI is squeezing labor markets. Here's what it found

Goldman Sachs found that AI is starting to weigh on employment across developed economies....

2 days ago
Seoul, Washington to halve joint drills as Trump reportedly seeks summit with North Korea's Kim

Seoul, Washington to halve joint drills as Trump reportedly seeks summit with North Korea's Kim

Seoul, Washington to halve joint drills as Trump reportedly seeks summit with North Korea's Kim...

2 days ago
What Chinese liquor maker Moutai's slump says about the country's economy

What Chinese liquor maker Moutai's slump says about the country's economy

Kweichow Moutai's half-year report showed a rare drop in net profit, following the first annual drop on record....

2 days ago
Nukes all around? A fraying U.S. nuclear umbrella is pushing allies to weigh defense options, raising risk of a proliferation cascade

Nukes all around? A fraying U.S. nuclear umbrella is pushing allies to weigh defense options, raising risk of a proliferation cascade

As countries take more responsibility for their own defense and nuclear states step back from arms-control commitments, ...

2 days ago
OpenAI rolls out ChatGPT for Teens experience with 'stronger built-in safety protections'

OpenAI rolls out ChatGPT for Teens experience with 'stronger built-in safety protections'

ChatGPT for Teens includes a number of educational features and applies age-appropriate safeguards, OpenAI said....

2 days ago
Trump, Carney reportedly in talks ahead of new 50% tariffs on Canadian goods

Trump, Carney reportedly in talks ahead of new 50% tariffs on Canadian goods

Trump has already imposed a variety of tariffs on Canada and its specific exports, including metals, lumber and auto par...

2 days ago
We upgraded Home Depot and raised our price target. It made the best of a terrible hand

We upgraded Home Depot and raised our price target. It made the best of a terrible hand

Home Depot reported a very good quarter, executing well on things it can control....

3 days ago
Retail giant Costco sets its sights on a new kind of product: Medicare Advantage

Retail giant Costco sets its sights on a new kind of product: Medicare Advantage

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

3 days ago
U.S. government debt yields are surging at a bad time. Here's what's behind the move

U.S. government debt yields are surging at a bad time. Here's what's behind the move

Fixed income market watchers ascribe a run that began in June to a number of variables....

3 days ago
A fintech app built by crypto exchange Kraken just launched a cash back debit card in bid for consumer wallets

A fintech app built by crypto exchange Kraken just launched a cash back debit card in bid for consumer wallets

Kraken is vying for a place in consumer wallets as crypto evolves from an asset class into infrastructure for mainstream...

3 days ago
IRS clarifies 'no tax on overtime' deduction rules. What workers need to know

IRS clarifies 'no tax on overtime' deduction rules. What workers need to know

Taxpayers who were unsure whether they qualified or how much they could claim will likely have an easier time when they ...

3 days ago
Kalshi seeks to launch ‘perps’ on equity indexes as it moves in on traditional exchanges' turf

Kalshi seeks to launch ‘perps’ on equity indexes as it moves in on traditional exchanges' turf

The company is seeking to launch a "US500" perp tied to the MerQube U.S. Large Cap Index, according to a regulatory fili...

3 days ago
Disney-owned ABC files First Amendment lawsuit against FCC

Disney-owned ABC files First Amendment lawsuit against FCC

Disney's ABC has sued the FCC claiming its investigation and early broadcast licenses renewal are a 'retaliatory campaig...

3 days ago
Nvidia's AI moat is shifting from chips to capital

Nvidia's AI moat is shifting from chips to capital

Nvidia still has dominant market share in AI chips, but with competition picking up steam, the company is taking greater...

3 days ago
The startup using AI to help rare disease families develop custom treatments

The startup using AI to help rare disease families develop custom treatments

Nome uses AI and drug-development expertise to help rare disease families turn genetic diagnoses into potential paths to...

3 days ago