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China and India to face supply jolt as U.S. targets Russia's oil giants
U.S. decision to sanction Russia's two largest oil companies threatens to disrupt the energy lifeline of India and China, industry experts said.
Published: 2 hours ago
Oil jumps 3% after Trump administration sanctions big Russian oil companies
The new sanctions are related to plans for a meeting between President Donald Trump and Russian leader Vladimir Putin being dropped.
Published: 7 hours ago
Tesla reports revenue growth after two down quarters. Why the stock is falling
Tesla has returned to favor on Wall Street after a brutal start to the year.
Published: 9 hours ago
Reddit accuses Perplexity of stealing user posts, expanding data rights battle with AI industry
In its latest data-rights battle with the AI industry, Reddit has launched a suit against Perplexity alleging the AI company illegally scraped its users' posts.
Published: 54 minutes ago
'Europe's Detroit' is losing its shine as an automotive powerhouse
Slovakia’s auto industry, which represents roughly 11% of its gross domestic product, has established an enviable global reputation.
Published: 2 hours ago
I joined a 24-hour ‘vibe coding’ hackathon and helped build an app – here are my biggest takeaways
With the rise of AI coding tools, software development is easier but also more competitive. "We've lowered the barrier, but raised the bar," said Sherry Jiang.
Published: 2 hours ago
Elon Musk said Tesla's robot will be 'incredible surgeon,' left Wall Street with no guidance on EVs
In Tesla's quarter earnings call, Elon Musk and other executives talked a lot about the future but said little about the core business.
Published: 6 hours ago
Santoli's Wednesday market wrap-up: Whipsaw in hot-money flows catches S&P 500 in bumpy 0.5% drop
High-momentum, more-volatile, heavily speculative stocks have broken steep uptrends and are spilling lower, as quality and value stocks hang in just fine.
Published: 12 hours ago
EU targets Russian energy with new sanctions — and welcomes Trump’s major policy shift
The European Union's latest package of sanctions targeting Russia includes a ban on Russian liquefied natural gas (LNG) imports.
Published: 11 minutes ago
Meta lays off 600 from 'bloated' AI unit as Wang cements leadership
The cuts did not impact employees within TBD Labs, which includes many of the top-tier AI hires brought into Meta this summer, people familiar told CNBC.
Published: 11 hours ago
CNBC's Inside India newsletter: Diwali sans sparkles for tariff-hit Indian exporters
As months pass without a trade deal with U.S., Indian exporters face the brunt of unsold inventories, importers bargaining for discount and idle capacities.
Published: 60 minutes ago
Hundreds of public figures, including Apple co-founder Steve Wozniak and Virgin's Richard Branson urge AI ‘superintelligence’ ban
A group of prominent figures, including artificial intelligence heavyweights, has lead a call to end efforts to create ‘superintelligence.'
Published: 18 hours ago
Jim Cramer explains why sky-high expectations can sink even strong stocks
Jim Cramer says strong earnings can’t always lift stocks if expectations are too high, pointing to GE Vernova and Vertiv.
Published: 9 hours ago
China's property slump is far from bottoming. But Beijing is prioritizing tech growth
Chinese policymakers won't likely release much more support for the struggling property sector, as tech competition and other issues are more pressing.
Published: 1 minute ago
IBM tops third-quarter estimates and lifts guidance, but stock drops
IBM's results topped estimates and the company lifted its guidance, citing artificial intelligence tailwinds.
Published: 8 hours ago
Netflix is trading near levels that could make or break the streaming giant, according to the charts
Frank Cappelleri breaks down the technical outlook on Netflix after the company's Wednesday drop.
Published: 14 hours ago
AI is already taking white-collar jobs. Economists warn there's 'much more in the tank'
Across banking, the auto sector and retail, executives are warning employees and investors that AI is taking over jobs.
Published: 16 hours ago
New Jersey sues Amazon for allegedly discriminating against thousands of pregnant warehouse workers
The state said the lawsuit follows a years-long investigation by its civil rights division into Amazon's treatment of workers at warehouses across New Jersey.
Published: 6 hours ago
Bank of Korea holds rate at 2.5% as tighter property rules kick in
South Korea's central bank kept its benchmark interest rate unchanged at 2.5% for the fourth consecutive meeting.
Published: 6 hours ago
The S&P 500 is more concentrated with AI than ever. Here's how to manage your risk
AI stocks now dominate the S&P 500, raising big questions about diversification and your retirement portfolio.
Published: 17 hours ago
A resilient consumer isn't an all-clear for investing in retail and restaurant stocks
Investors need to understand both the economic big picture and company-specific factors.
Published: 12 hours ago
Lock in this 4.36% APY CD before next week's expected Fed rate cut
Analysts anticipate a rate cut next week, meaning now's the time to lock in the highest CD returns.
Published: 16 hours ago
Southwest beats earnings estimates, forecasts record revenue for current quarter
Southwest Airlines reported a surprise quarterly profit for the third quarter.
Published: 10 hours ago
Trump says U.S. cattle ranchers 'don't understand' tariffs after some slam Argentine beef plan
President Donald Trump said U.S. cattle ranchers "don't understand" how they have benefitted from his tariffs, adding that they "have to get their prices down."
Published: 11 hours ago
Government shutdown becomes 2nd longest in U.S. history
Democrats want President Donald Trump to get involved in shutdown negotiations. Senate Majority Leader John Thune says, "Open up the government first."
Published: 10 hours ago
Trump to demolish entire East Wing of White House for ballroom: 'Plans changed'
President Trump has said he and donors will cover the costs of the White House East Wing ballroom, but it is not clear who all the contributors are.
Published: 11 hours ago
Trump dined with Rupert Murdoch despite suing him for $10B over Epstein letter: Report
President Donald Trump denies sending a risque birthday letter to then-friend Jeffrey Epstein, who killed himself in 2019 amid child sex trafficking charges.
Published: 12 hours ago
Thursday's big stock stories: What’s likely to move the market in the next trading session
The Dow gave up more than 300 points on Wednesday, as concerns about U.S.-China relations flared up again and disappointing earnings dinged confidence.
Published: 8 hours ago
Amazon introduces 'Blue Jay' warehouse robot that performs multiple tasks at once
The robotics system is called Blue Jay, and Amazon said it's already being deployed in one of its South Carolina warehouses.
Published: 13 hours ago
Amazon's switch to robots over human warehouse employees will save it up to $4 billion a year, Morgan Stanley says
"The market is under-appreciating AMZN's GenAI advances in its Retail business with robotics-driven efficiencies," analyst Brian Nowak said.
Published: 14 hours ago