CNBC

Top Wall Street analysts are upbeat about the prospects for these 3 stocks

Investors with a long-term horizon can track ratings from top Wall Street analysts to find stocks with solid growth prospects....

2 days ago

Sports betting is increasingly the norm for Gen Z. Here’s why some financial and mental health experts are worried

Surveys show Gen Z increasingly views sports bets as a form of investment, and those who gamble too often face mental health risks....

2 days ago

More tankers struck in the Middle East as Iran reiterates conditions for reopening the Strait of Hormuz

Tehran's conditions include a halt to U.S. "acts of aggression," an end to the naval blockade and economic warfare, and the release of Iranian assets....

2 days ago

Berkshire buys more Lennar shares, but pace of purchases slows

Berkshire Hathaway added to its bet on Lennar this week, raising its stake in the homebuilder to 11.2%, although the pace of its buying appears to be slowing....

2 days ago

Ukraine’s surprise robot offensive exposes a vulnerability in Putin’s war machine

Experts say the offensive is not a decisive breakthrough, but demonstrates how Ukraine’s expanding use of robotic systems is reshaping frontline warfare....

2 days ago

Trump taps Director of National Intelligence Jay Clayton as AI czar: WSJ reports

Director of National Intelligence Jay Clayton will lead the administration's AI policy, The Wall Street Journal reported on Saturday....

2 days ago

Tesla’s Cybercab had a rocky first month in Austin. Now comes the hard part: expanding

Elon Musk's effort to move beyond auto sales largely relies on the success of his company's Cybercab, which launched in Austin a month ago....

2 days ago

High interest rates are foreclosing on the American dream of home remodeling

Homeowners are stuck in houses they might have left by now due to the low mortgage rates of the past, and can't even remodel with HELOCs too expensive to tap....

3 days ago

How Nvidia, Micron and a surprising jobs report drove last week's stock action

Here's a closer look at the three developments that drove the action in our portfolio last week....

3 days ago

Gen Alpha kids are earning money. Here's how parents can help them save and invest

Gen Alpha kids are earning and spending their own money. Parents can use savings, investing and education tools to build healthy habits....

3 days ago

Novig credits Sydney Sweeney-backed campaign for platform’s surge in growth

Novig's "Just Sports" campaign drew backlash from some female athletes but also brought in a rush of trading volume....

3 days ago

Lula or Bolsonaro: Wall Street braces for two wildly different results in Brazil election

With the first round of Brazil's presidential election taking place Sunday, Wall Street is gearing up with starkly different market predictions....

3 days ago

High-tech vehicles are driving up auto repair costs for shops and consumers

Investments in ADAS calibration equipment, computers and software subscriptions can drive up the cost of even a windshield replacement or an oil change....

3 days ago

David Ellison just brought in a co-CEO to run his new empire: Meet Ynon Kreiz

Ynon Kreiz's appointment as co-CEO of Skydance answers a key governance question for Ellison's soon-to-be-merged company....

3 days ago

Top McKinsey executive reveals Asian owner-CEOs' secrets to success

Gautam Kumra, Asia chairman at consultancy McKinsey & Co., researched the qualities of Asia's best owner-CEOs....

3 days ago

America’s data center fight is a preview of what's to come for the rest of the world

America’s fight over data centers is going global. Communities across Europe and Asia are pushing back over the rising costs of the AI infrastructure boom....

3 days ago

Cerebras stock hits post-IPO low, tumbling 20% for the week on Nvidia pressure and lockup expiration

Cerebras shares hit an all-time low due to pressure from chip giant Nvidia, plus a post-lockup selloff....

3 days ago

Anthropic to invest $100 million to train AI engineer talent

Anthropic will invest $100 million to train nearly 10,000 AI engineers, partnering with a number of consulting firms....

3 days ago

DOJ says it will not reopen criminal probe into former Fed Chair Powell

The confirmation comes after the Fed's inspector general report that said there were no grounds for a criminal referral over the mismanaged headquarters renovation....

3 days ago

Why Lilly and Novo are betting on amylin to power a new wave of obesity drugs after GLP-1s

Eli Lilly and Novo are developing new amylin drugs that serve as another biological lever to pull in treating obesity and diabetes....

4 days ago

American starts letting customers mix cash and miles for tickets

American is joining other carriers that allow customers to book with a combination of points and miles....

4 days ago

10-year Treasury yield ticks higher despite weaker-than-expected jobs report

U.S. Treasury yields rose despite a September jobs report came in much weaker than expected....

4 days ago

Tesla stock jumps 5% on better-than-expected vehicle deliveries report

Tesla's core autos business is under pressure as Chinese and European carmakers roll out affordable and innovative EVs....

4 days ago

G7 nations to release diesel stocks as wars in Europe and Middle East constrain fuel supplies

EU countries are set for crisis talks on soaring diesel prices, with officials warning a U.S. export ban could hurt Europe’s economic outlook....

4 days ago

Ford fends off Hyundai to retain No. 3 U.S. sales position in third quarter

Ford on Friday reported a year-over-year sales decline of 6.6% during the third quarter to 507,395 light-duty vehicles....

4 days ago

Facebook whistleblower Frances Haugen questions whether AI companies can police themselves

Haugen leaked a trove of internal documents to the Wall Street Journal in 2021 that became a series of reports known as "The Facebook Files."...

4 days ago

Treasury Sec. Bessent, IRS crack down on ETF strategy the wealthy are using to avoid capital gains taxes

The IRS and Treasury issued a warning this week on an ETF strategy wealthy investors have been using to shield capital gains income from taxes....

4 days ago

David Ellison says combined Paramount and Warner Bros. Discovery will be named Skydance

4 days ago

Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%

Nonfarm payrolls were expected to increase by 84,000 in September while the unemployment rate held at 4.1%....

4 days ago

Trump wants South Korea in on Alaska LNG. Here’s why Seoul is cautious

South Korea remains cautious on Alaska LNG amid concerns over its high costs and commercial risks....

4 days ago

Big Pharma turns to China for new drugs as patent cliff drives multibillion-dollar deals

Western biopharma companies are increasingly turning to China to source innovation, as pharma's dreaded "patent cliff" draws closer. ...

4 days ago

The secret signs the bond sell-off might be ending

A big options bet involving the utility sector could indicate a top in yields....

4 days ago

Mattel shares rise after reports of takeover interest from Authentic Brands Group

Shares of toymaker Mattel rose Thursday after the Wall Street Journal reported that Authentic Brands Group had expressed interest in buying the toymaker....

4 days ago

Eurozone inflation hits its highest level in three years at 3.8% as energy costs soar

Annual euro zone inflation hit 3.8% last month, its highest level since September 2023....

4 days ago

Oil prices extend losses after reports of potential European diesel, crude stock release

It comes after Reuters reported that EU nations were discussing a proposal to release diesel reserves following pressure from the Trump administration....

4 days ago

U.S. to send third carrier group to Mideast as Trump warns of new Iran strikes

The U.S. is reportedly sending a third aircraft carrier strike group to the Middle East, as Trump weighs resuming bombing Iran after the midterms....

4 days ago

South Korean President Lee warns of 'measures' against Ukraine over prisoner row, demands apology

"As this is a matter concerning the honor of the Republic of Korea's people and nation, we cannot overlook it," he said....

4 days ago

Jewelry giant Pandora is getting in on lab-grown diamonds and hoping a new Vietnam plant helps growth in Asia

Pandora is expanding its manufacturing footprint beyond Thailand with a new $150 million Vietnam facility as the Danish jeweler eyes further growth across Asia....

4 days ago

Brazil votes in high-stakes election as U.S.-China rivalry and debt loom large

Brazil will hold a knife-edge vote as its presidential race kicks off — but the election's outcome is likely to be felt far beyond the country's borders....

4 days ago

Bitget `not expecting to recover a lot' from $388 million hack, CEO tells CNBC

Bitget has frozen a tiny fraction of the $387.5 million stolen in last week’s hack, and restored much of its protection fund....

4 days ago

U.S. trade representative Greer says deal with India not 'imminent' after Modi-Trump call

Ties between the U.S. and India have been under strain for over a year, and New Delhi faces fresh risk of up to 100% tariffs for continuing to buy Russian oil....

4 days ago

U.S. market regulator seeks to make it easier for funds, advisers to hold crypto

The SEC has proposed new rules that would make it easier for investment advisers and regulated funds to hold cryptocurrencies on behalf of clients....

4 days ago

Interpol says AI is increasing the speed and scale of cyber threats. Here’s what companies should watch

An Interpol executive warns AI is making existing cyber threats faster and harder to detect, while companies face new risks from the rise of agentic AI....

4 days ago

Accenture stock rallies after earnings beat expectations

Shares of Accenture surged Thursday after the company's fiscal fourth-quarter results beat estimates....

4 days ago

Trump could target three Fed governors. Removing them may be harder than it looks

Trump could seek to remove Jerome Powell, Lisa Cook and Michael Barr from the Federal Reserve, but court rulings and lengthy litigation could limit him....

4 days ago