S&P 500 and Nasdaq 100 futures rise, surpassing all-time intraday highs: Live updates

The Nasdaq Composite jumped nearly 1%, also coming within striking distance of a fresh record. The Dow popped about 0.14%.

Published: 2 hours ago

China, U.S. confirm details of their trade deal, Beijing says

The statement came after U.S. President Donald Trump said that both sides had signed a trade deal, without providing further details.

Published: 27 minutes ago

Nike says tariffs will cost it $1 billion before price increases, supply chain shifts

Nike said its fiscal fourth quarter will see the worst of its turnaround efforts, but investors are wondering if sales and profits still have more room to fall.

Published: 7 hours ago

European autos stocks jump 2% after White House hints at tariff deadline extension

Join CNBC for live updates on the biggest moves in European financial markets.

Published: 5 minutes ago

Why fund managers are loading up on defense stocks

Fund managers are doubling down bullish bets on defense stocks in light of the Middle East conflict and NATO allies' pledge to raise their defense spending. 

Published: 3 hours ago

China's industrial profits plunge 9.1%, steepest fall in seven months

That marked the largest monthly decline since October last year, when the industrial profits dropped 10%.

Published: 1 hour ago

SoftBank CEO says he's 'all in' on OpenAI, reveals he's long wanted Microsoft's spot as main backer

SoftBank CEO Masayoshi Son used a shareholders' meeting on Friday to discuss the company’s belief in OpenAI and the coming of "artificial superintelligence.”

Published: 36 minutes ago

JPMorgan's market prediction model says equities look safe for the next 6 months

Several key signals, including fund flows, are pointing toward a positive second half for the S&P 500, according to the model.

Published: 13 hours ago

Tesla head of manufacturing Omead Afshar fired by Elon Musk

Omead Afshar, Tesla's head of manufacturing and operations, has been fired from the company by CEO Elon Musk after declining car sales.

Published: 8 hours ago

UK auto production for May slumps to lowest level since 1949 as Trump tariffs hit hard

The dramatic slowdown in car production is due in large part to ongoing model changeovers, restructuring and the impact of tariffs, SMMT said.

Published: 2 hours ago

Microsoft says goodbye to the Windows blue screen of death

The software giant's blue screen of death dates back to the early 1990s, according to longtime Microsoft developer Raymond Chen.

Published: 12 hours ago

Bill Moyers, the former White House press secretary turned acclaimed TV journalist, dead at 91

Published: 11 hours ago

Xiaomi shares soar to record highs as its new EV that undercuts Tesla draws strong response

Chinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla's Model Y.

Published: 6 hours ago

Investing in Space: NATO holds out its hand to the commercial space sector

NATO's new commercial space sector strategy and defense spend target hike could be a boon to private space players.

Published: 4 minutes ago

Asia-Pacific markets mostly lower as investors assess China industrial data

Japan's Tokyo core consumer price index excluding fresh food and fuel rose 3.1% year on year in June, slower than the 3.6% increase seen in the previous month.

Published: 21 minutes ago

Trump's war against the Powell Fed has taken another political turn

While Trump's name-calling of Powell isn't particularly new, the words now could signal action.

Published: 14 hours ago

SpaceX crane collapse in Texas being investigated by OSHA

A SpaceX crane collapse at the company's Starbase, Texas facility has prompted an investigation by OSHA, the federal agency told CNBC.

Published: 5 hours ago

The AI-boom's multi-billion dollar blind spot: Reasoning models hitting a wall

AI reasoning models were supposed to be the industry's next leap, but now a string of research is calling that into question.

Published: 14 hours ago

Friday’s big stock stories: What’s likely to move the market in the next trading session

The S&P 500 rose Thursday, coming within mere points of its all-time high. The Nasdaq Composite is also approaching its record. What's on CNBC's radar Friday.

Published: 9 hours ago

How the stock market made it back to a new record — even with so much still to worry about

The wall of worry has been crumbling with trade deals in motion and the economy remaining in solid shape.

Published: 14 hours ago

Ron Insana: Trump would imperil more than just the Fed’s independence by naming a ‘shadow chair’

If President Donald Trump were to appoint a “shadow Fed chair,” it would harm the central bank’s independence and more, Ron Insana said.

Published: 11 hours ago

Here's the average 401(k) balance by age

How does your nest egg stack up to others your age?

Published: 2 days ago

More Southeast Asians are flocking to China's Chongqing city. Social media hype is a big reason

"In 2025 alone, we've captured a nearly 12-fold surge in demand for Chongqing, compared to demand for other cities," says Sarah Wan of Klook.

Published: 5 hours ago

Core Scientific shares surge 33% on report of buyout talks with CoreWeave

Core Scientific shares jumped 33% after a report that CoreWeave is in talks to acquire the bitcoin miner.

Published: 12 hours ago

What's driving Wall Street stablecoin interest? Trillions up for grabs in the future and banks getting ready for it

Stablecoins are poised to grow to trillions of dollars, and financial services giant and banks want a piece of it, says Zach Abrams, Bridge co-founder and CEO.

Published: 12 hours ago

Apple reveals complex system of App Store fees to avoid EU fine of 500 million euro

The move shows that Apple may be able to make smaller changes to satisfy regulators.

Published: 13 hours ago

McCormick is focused on mitigating tariff impact on agriculture, says CEO Brendan Foley

McCormick CEO Brendan Foley told CNBC's Jim Cramer on Thursday that the spice maker is looking at how new tariffs will impact sourcing for its products.

Published: 10 hours ago

Jim Cramer: These S&P 500 winners demonstrate the market's broad success

CNBC's Jim Cramer reviewed Thursday's top S&P 500 performers to demonstrate that a broad group of stocks are seeing gains.

Published: 10 hours ago

The $5 million Trump Card faces legal challenges, limited market

President Donald Trump is offering a $5 million path to citizenship for the wealthy with his Trump Card.

Published: 12 hours ago

UBS gives 3 key AI stocks to own from here

In a note published Thursday, UBS highlighted three major pillars that will drive AI demand going forward.

Published: 13 hours ago