CNBC
'Big Short' investor Steve Eisman sees an Achilles heel in the AI boom
Steve Eisman is warning that the artificial intelligence boom has become increasingly dependent on the fortunes of just two companies: OpenAI and Anthropic....
1 week ago
Wholesale prices were flat in July, below expectations for 0.2% increase
The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus....
1 week ago
Goat herding hedge: How Susquehanna and Kalshi are helping this company offset a change in California law
A goat herding business facing higher wage costs turned to prediction market platform Kalshi to hedge and help offset the possible expense....
1 week ago
Treasury yields dip as Wall Street awaits wholesale inflation data
U.S. Treasury yields dipped on Thursday as Wall Street digested the inflation print for July and looked ahead to further readings due later in the session. ...
1 week ago
Oil prices drop as investors weigh falling demand against Middle East tensions
Oil futures retreated early Wednesday morning after prices rose overnight....
1 week ago
In pictures: Europe's best solar eclipse since 1999
A total solar eclipse crossed Iceland and Spain on Aug. 12, while much of Europe saw a partial eclipse and businesses benefited from demand....
1 week ago
World’s largest jeweler bets on platinum despite falling silver prices, CEO tells CNBC
Pandora is moving ahead with platinum-plated jewelry as it seeks to reduce its exposure to volatile silver prices despite the metal's recent decline....
1 week ago
‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows
The Persian Strait Gulf Authority said "the Strait of Hormuz remains blocked and will not be reopened until Iran's conditions are accepted."...
1 week ago
Maersk shares jump 7% after shipping giant smashes profit estimates and hikes outlook
Danish shipping giant Maersk on Thursday posted stronger-than-expected quarterly profit and raised its full-year earnings guidance....
1 week ago
South Korea’s Kospi has staged a stunning comeback. How long will the bull market last?
South Korea's Kospi has staged a reversal from its latest rout, returning to bull-market territory as investors piled back into the semiconductor giants that dominate the index....
1 week ago
This Chinese firm has topped Micron and Kioxia in shipments of crucial NAND memory chips
Counterpoint Research looked at the NAND segment of memory chips, which is benefitting along with the larger DRAM segment from artificial intelligence demand....
1 week ago
Goldman says Japan's $1 trillion of reserves leaves 'plenty of capacity' for further yen interventions
Japan has enough cash at its disposal for a couple more rounds of yen-buying on the scale of last month's intervention, Goldman Sachs says....
1 week ago
South Korea's Kospi swings from bear to bull-market territory in just over a month on AI trade
South Korean stocks rallied on Thursday, pushing the benchmark Kospi into a technical bull market....
1 week ago
EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular....
1 week ago
Japan wholesale inflation eases slightly to 7.2%, undershooting expectations
The PPI reading was lower than the 7.4% expected by economists polled by Reuters, and was down from a revised 7.3% seen in June....
1 week ago
Google’s new Pixel 11 puts Gemini at center of AI phone battle with Apple
Google is launching the Pixel 11 lineup weeks before Apple rolls out a rebuilt Siri powered by Gemini AI models....
1 week ago
Small investors became a major stock market force. Now, they risk getting pushed back into the dark
Retail investors' access to information could take a hit at a time when they are more important than ever in financial markets....
1 week ago
Cisco's stock drops despite earnings, revenue beat
Even though Cisco's quarterly results topped estimates, they weren't good enough to satisfy Wall Street....
1 week ago
Cerebras stock plunges 14% after second earnings report following IPO
Cerebras Systems reported better-than-expected second-quarter revenue and and raised its full-year guidance....
1 week ago
Trump says Karoline Leavitt resigning as White House press secretary
Leavitt, who is the youngest White House press secretary every, gave birth in May to a girl, her second child....
1 week ago
How to trade gold prices as Fed rate hike and inflation odds shifts
Gold prices have been volatile in 2026, but a recent rally shows renewed investor interest amid tamer inflation data and changing Fed rate expectations....
1 week ago
U.S. budget deficit surged in July to highest level since March 2021
Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025....
1 week ago
'Nobody wants it': Lettuce prices see record-setting plunge as cyclospora spooks consumers
Lettuce prices posted their sharpest month-over-month decline on record as diners reconsider the vegetable amid the cyclospora outbreak....
1 week ago
CoreWeave surges 18% in premarket after a 'cleaner quarter'. Here's what's happening
AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers....
1 week ago
Chinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven ads
Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending....
1 week ago
World's largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time
The fund — currently valued at around $2.34 trillion — is an investor in more than 7,000 companies across 60 countries....
1 week ago
Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes containership
A cargoship and containership have been hit in the Red Sea and Gulf of Oman as the war inflicts a toll on the world's critical shipping lanes....
1 week ago
Why the historic U.S.-Japan intervention has failed to halt the yen’s slide
The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago....
1 week ago
AI agents' 'alarming' hacking skills creates rush to spend on cybersecurity
AI agents' 'alarming' hacking skills creates a rush to spend on cybersecurity...
1 week ago
Polls begin to close in primary elections across the country
Progressive Democrats hope to keep their winning streak rolling in Minnesota and Wisconsin....
1 week ago
CoreWeave stock pops 10% as revenue doubles on accelerating AI infrastructure demand
CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt....
1 week ago
We're lifting our price target on Cardinal Health after issuing rosy profit guidance
The quarter wasn't totally clean, but strong profitability matters the most....
1 week ago
Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds
Credit card balances are ticking higher midway through the year, according to a new report on household debt from the Federal Reserve Bank of New York....
1 week ago
Baby products company Frida is expanding into kids’ personal care
Baby products company Frida is launching a new category of personal care items for kids, tapping into a growing market and largely untapped space....
1 week ago
Parents could put pretax paycheck money into Trump Accounts, with employers matching, Treasury says
The U.S. Department of the Treasury issued guidance that could allow parents to make pretax contributions to a child's Trump Account directly from their paycheck....
1 week ago
Eli Lilly takes weight-loss pill battle global with first Foundayo approval in Europe
Lilly's Foundayo wins U.K. approval, taking its weight-loss pill battle with Novo Nordisk's Wegovy beyond the U.S. market....
1 week ago
Polymarket makes moves to get house in order before expected boom times for prediction markets this fall
The marketing changes come amid an investigation by the Commodity Futures Trading Commission into the company's promotional practices....
1 week ago
Zelenskyy warns Putin is preparing for escalation by bringing in North Korean military equipment
His comments come shortly after deadly Russian attacks on cities across Ukraine overnight....
1 week ago
Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?
The first three-plus years of the AI buildout has been funded by record amounts of equity and debt issued by leading tech companies. Nvidia has a new idea....
1 week ago
U.S. judge ends graft case against Indian billionaire Gautam Adani
A U.S. federal judge has approved the Department of Justice's decision to dismiss the criminal probe against Indian billionaire Gautam Adani on graft charges....
1 week ago
U.S. oil tops $84 as Hormuz deal hopes dwindle and deadlock deepens
U.S. crude is back above $84 as last week's anticipation of a U.S.-Iran deal dissipates....
1 week ago
Treasury yields up as oil prices jump and investors await inflation data
U.S. Treasury yields edged higher Tuesday as investors await July's inflation data print amid ongoing Iran tensions....
1 week ago
Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade
Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever....
1 week ago
Singapore revises its annual growth forecast sharply higher on AI-related boost
GDP growth for 2026 is now expected to come in at 4.5% to 5.5%, more than double the low end of its previous forecast of 2%-4%...
1 week ago
Trump claims total control of Hormuz, demands Iran pay reparations as standoff deepens
The dueling positions Washington and Tehran staked out showed how far apart the two sides remain even as both talked of winding down regional hostilities....
1 week ago
CNBC's The China Connection newsletter: 'Spider-Man' and 'The Odyssey' come courting the massive filmgoer market
More American movie stars have appeared in China this year, reflecting Hollywood's market interests amid political tensions....
1 week ago
Trump Media posts $238 million second-quarter loss as crypto declines
TMTG said it has signed more than 10 customer agreements for Truth API, the service offering faster access to President Donald Trump's posts....
1 week ago
Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure push
The capital package highlights the growing role of private capital in financing the costs of the artificial intelligence boom....
1 week ago
Trump signs executive order calling for fewer childhood vaccines, falsely linking shots to autism
The order builds on the Trump administration's efforts to reshape the childhood shot schedule under HHS Secretary RFK Jr., a longtime a vaccine skeptic. ...
1 week ago
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