News
Headlines and source snippets from major financial publishers. We link out to the original reporting.
While luxury goods sales are expected to grow between 1% and 4%, experiences are on track for growth of between 3% and 7% this year, according to a new report.
Read at source"The only crop we're harvesting is what you planted: decades of mistrust," Iranian parliament speaker Mohammad Bagher Ghalibaf said in a social media post.
Read at sourceThe stock's volatile run appeared largely disconnected from company fundamentals and instead reflected a burst of social media enthusiasm.
Read at sourceIt's been a remarkable turnaround for a name we started to buy a little too high and a little too fast when the Iran war broke out.
Read at sourceChan Zuckerberg Initiative's Biohub will offer new grants to the rare disease community while expanding its AI drug repurposing partnership with Every Cure.
Read at sourceGlyphosate, used in Roundup weedkiller, is the most commonly used weedkiller in agriculture, and it has long been linked to cancer claims.
Read at sourceThe new GMC Sierra trucks are crucial to GM's sales and earnings, especially highly profitable luxury Denali and off-road AT4 models.
Read at sourceThe company's revenue more than quadrupled from $9.3 billion a year earlier to $41.46 billion, it reported on Wednesday
Read at sourceTim Cook said last week that Apple would hike prices due to surging memory and storage costs.
Read at sourceThe moves would appear to make Doug Petno and Troy Rohrbaugh the most obvious possible successors to JPMorgan Chase CEO Jamie Dimon.
Read at sourceAnnuity options are gaining ground in 401(k)s, amid worker concerns about retirement income and longevity risks.
Read at sourceSame-store sales growth at Darden's fine-dining restaurants and Olive Garden fell short of expectations.
Read at sourceThe personal consumption expenditures price index was expected to show a 4.1% annual increase.
Read at sourceThe stock market rally turbocharged charitable giving in 2025, but primarily from wealthy donors.
Read at sourceRheinmetall and other European defense stocks fell for a second day, after Germany scrapped the F126 naval program, raising procurement concerns.
Read at sourceOptions traders are treating this break like it could be the tip of an iceberg.
Read at sourceMSCI CEO Henry Fernandez said South Korea's stock market still falls short of developed market standards.
Read at sourceHer comments come shortly after President Donald Trump ordered an investigation into Big Oil, accusing them of "gouging" consumers.
Read at sourceRyan Cohen has shared few details on how he'll move forward with his $56 billion offer for eBay since the company rejected the proposal in May.
Read at sourceReuters reported that though Iraq had considered leaving OPEC, the current plan is to remain a member of the group while seeking a higher output quota.
Read at sourceLeagues, teams and media networks are increasingly meeting younger fans on social media as platforms like TikTok, Roblox and YouTube capture most of their time.
Read at sourceGold is down almost 8% so far this year, while silver has shed more than 20%.
Read at sourceThe stern warning underscores Tehran's resolve to retain control over the Strait of Hormuz and to resist transits that bypass its authorization.
Read at sourceOil prices fell as investors bet global crude supplies will improve, as tankers stranded in the Persian Gulf for months have begun leaving the Strait of Hormuz.
Read at sourceThe swift U.S. offer of assistance reflects a degree of diplomatic realignment between the Trump administration and the Venezuelan interim government.
Read at sourceThe AI lab is hiring for AI data center roles in Australia and Japan as it rushes to expand compute capacity overseas.
Read at sourceShares of South Korean chip giant SK Hynix surged 12% on Thursday after the company said it is seeking to raise as much as $29.4 billion.
Read at sourcePakistan's efforts to bring an end to the conflict in the Middle East are driven by the need to avoid a spillover across its borders.
Read at sourceInvestors are still turning to the judgment of a professional adviser in their last investment decision, despite using AI tools, a HSBC survey found.
Read at sourceSouth Korea's IPO activity has lagged that of its regional peers as the structure of the market and governance reforms collide.
Read at sourceSeveral companies have cropped up in India providing video training data made by humans that is being used to teach robots in the U.S. and China.
Read at sourceMicron's quarterly earnings report follows a 700% surge in the memory maker's stock price over the past year.
Read at sourceMicron said in its earnings report that its gross margin jumped to 84.9% from 39% a year ago.
Read at sourceThe White House is pressing major defense firms to expand missile and munitions output as Iran talks and weapons stockpile concerns put new pressure on the Pentagon’s industrial base.
Read at sourceThe announcements followed the release of the Federal Reserve's annual stress test, which found that all 32 large banks weathered a hypothetical recession.
Read at sourceThe Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.
Read at sourceThe letter, which was obtained by CNBC, claims Alibaba carried out "the largest known distillation attack on Anthropic to date."
Read at sourceVictims currently face wait times of almost two years to resolve their cases, according to the National Taxpayer Advocate.
Read at sourceQualcomm's primary business has been smartphones, which accounted for two-thirds of the company's product revenue in it's most recent quarter.
Read at sourceAI chipmaker Cerebras has a staggered lock-up expiration that includes some shares becoming available for trading this week.
Read at sourceBitcoin, now in the eighth month of its bear market, dropped to an October 2024 low amid a pullback in tech stocks.
Read at sourceSome 72 ships loaded with 19 million barrels of oil have passed through Hormuz in the past 24 hours, Energy Secretary Chris Wright said.
Read at sourceEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Read at sourceWashington regulators and the Trump administration are increasingly wary of China getting ahold of advanced AI software and hardware.
Read at sourceOptions traders were buying a lot of protection on the iShares Semiconductor ETF (SOXX) on Tuesday.
Read at sourceThe Roundhill T-REX 2X Long DRAM Daily Target ETF (RAM) is a 2x levered version of the popular DRAM ETF.
Read at sourceIt seems that buzz is building on investing in energy stocks in the wake of the Iran conflict.
Read at sourceToyota has notably leaned into hybrid vehicles while GM and others bet on all-electric vehicles, which saw lower-than-expected adoption from consumers.
Read at sourceTo qualify for the U.S. Department of Education's new interest rate discount on student loans, borrowers must meet several requirements. Here's what to know.
Read at sourcePresident Donald Trump abruptly canceled the signing of a bill aimed at increasing housing affordability an hour before he was due at the Capitol for the ceremony.
Read at sourceZoox is updating its robotaxis as the Amazon division plots expansion in additional markets and prepares to charge for rides.
Read at sourceQualcomm is looking to expand its position in the data center market as AI demand skyrockets.
Read at sourceEight months after announcing a custom chip deal, OpenAI and Broadcom are revealing their first joint project: Jalapeño.
Read at sourceTreasury Secretary Scott Bessent said once Iranian frozen assets are released, they will be overseen by Treasury and routed largely to U.S. agriculture, medicines.
Read at sourceA Polymarket-backed platform raised $1.5 million in a funding round to help build tools to detect suspicious trading activity.
Read at sourceTarek Mansour said to CNBC's "Squawk Box" it made sense for the company at the stage to think about a debut on public markets.
Read at sourceThe selloff is finally giving us a chance to build up this tiny position around our initial cost basis.
Read at sourceBessent sees his "3-3-3" plan as still in reach — 3% growth, a 3% deficit-to-GDP rate, and a 3 million barrels per day increase in oil production.
Read at sourceThere will be no tolls, insurance costs, or charges of any kind for ships looking to pass through the Strait of Hormuz, Trump said.
Read at sourceWhile management changes can influence investor sentiment, the magnitude of the move suggests other forces may be at play.
Read at sourceThe path back to a House majority could run through states such as Iowa, where Democrats in recent elections have struggled to win over rural voters.
Read at sourceEV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.
Read at sourceThe company plans to issue 17.79 million new shares at a value of 45.45 trillion won ($29.65 billion).
Read at sourceBerlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to reports.
Read at sourceA heat-related power outage left around 68,000 homes without electricity in western France as record-breaking heat sweeps Europe.
Read at sourceA House subcommittee may advance legislation Wednesday to make tech companies pay the energy costs for operating data centers to power AI.
Read at sourceKNDS plans to list shares in Paris and Frankfurt, with current shareholders expected to sell up to 20% of existing share capital.
Read at sourceMorgan Stanley has sharply raised its outlook for China's humanoid robotics market, as early commercial deployment in real-world scenarios accelerated.
Read at sourceU.S. President Donald Trump intensified pressure on oil companies to lower gasoline prices following the recent decline in crude.
Read at sourceA string of political victories and deep-strike successes has bolstered confidence in Ukraine amid its long-running war with Russia.
Read at sourceTwo candidates backed by the Democratic Socialist of America won their primaries, a year after the DSA-backed Zohran Mamdani won New York mayor's race.
Read at sourceGlobal markets operator Cboe has launched its first prediction markets products to meet consumer demand in the fast growing sector.
Read at sourceThe greatest wealth transfer is underway, and heirs who are set to inherit are preparing to use the money very differently from the generations that built it.
Read at sourceAsia's technology stocks rebounded on Wednesday after global equities posted steep losses in the previous session.
Read at sourceWe knew this report would be transitional, even messy, given the separation of FedEx Freight.
Read at sourceThe review comes amid hopes that Seoul could be included in MSCI's Developed Markets watchlist.
Read at sourceAlphabet will replace Verizon in the Dow Jones Industrial Average.
Read at sourceCerebras went public on the Nasdaq in May, giving Wall Street access to a pureplay AI company.
Read at sourceFedEx posted strong fiscal fourth quarter earnings on Tuesday in the company's last quarter that included the freight business before its spin-off.
Read at sourceThe House on Tuesday could give final passage to a bill aimed at lowering costs for homebuyers and reining in private equity.
Read at source