CNBC

Salesforce leads software rally, rocketing 20% on track for second-best day ever

Salesforce reported a strong beat on second-quarter earnings and announced an expanded AI partnership with Anthropic....

18 minutes ago

Why to delay claiming Social Security — even when COLAs are high

New estimates show the Social Security cost-of-living adjustment for 2027 may be up to 3.6%. Retirees may benefit from the boost even if they wait to claim....

46 minutes ago

Texas Senate hopeful James Talarico teams with Mark Cuban on plan to break up healthcare 'monopolies'

Texas Democratic Senate candidate James Talarico unveiled a plan to bust what he says are healthcare monopolies in an effort to lower costs....

2 hours ago

We went 3 for 3 — what we learned from wins at Nvidia, Salesforce, and CrowdStrike

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET....

2 hours ago

Fed's Hammack says 'now is the time to act' on raising interest rates

She still thinks the Fed needs to take action against inflation that is straining household budgets....

3 hours ago

Okta skyrockets 20%, CrowdStrike surges 15% as rising AI threat boosts earnings

AI adoption is pushing customers to spend more on cybersecurity tools from companies such as CrowdStrike and Okta...

4 hours ago

Jim Cramer's top 10 things to watch in the stock market Thursday

5 hours ago

What the Buss family Lakers dispute can teach the wealthy about trusts

Jeanie Buss, governor of the Lakers, is contesting her siblings' decision to sell the family's remaining stake in the NBA team....

6 hours ago

CIA chief John Ratcliffe reportedly made secretive Moscow trip to warn Russia against attacking NATO

Russia and Ukraine have intensified long-range drone and missile strikes as fears of further escalation grow....

8 hours ago

Nvidia jumps 7% in after blockbuster earnings boost AI confidence

Nvidia shares rose on Thursday after the chip giant's revenue guidance reassured investors that AI demand will remain strong....

9 hours ago

Nvidia agrees to buy Hugging Face for $12.9 billion, report says

Nvidia reportedly agreed to buy open source AI platform Hugging Face for $12.9 billion as the chipmaker expands deeper into the AI ecosystem....

10 hours ago

Tanker attack tests Trump’s claim that Hormuz is a 'functioning strait'

An oil tanker was struck by an unidentified projectile in the Strait of Hormuz, keeping alive risks deterring vessesl from the vital energy corridor....

13 hours ago

Japanese startups, IPOs set for boost with platform to trade unlisted companies

The Japanese regulator's registration of a new trading platform for unlisted shares could help create a more favorable capital-raising environment for the country's IPO ecosystem....

14 hours ago

China industrial profit growth in July slumps to 7-month low of 11.2%

Industrial corporate profitability has seen a notable turnaround, swinging from years of declines since 2021 and barely positive growth last year, to double-digit gains this year....

16 hours ago

Bank of Korea delivers back-to-back rate hikes as core inflation stays elevated

The Bank of Korea hiked rates by 25 basis points to 3%, its highest since January 2025 and in line with expectations....

16 hours ago

Inside India newsletter: U.S., Russia vie for a bigger slice of the world’s third-largest energy market

U.S. and Russia are competing to assert dominance in the world's third largest energy market....

17 hours ago

U.S. still watching allies for alignment of interests even amid defense pullback, analyst says

The U.S. may be asking allies to step up their own defense, but it still wants them to align on geopolitical interests....

18 hours ago

Republicans are dismissing affordability. That could be a problem in November

President Donald Trump quipped that affordability was "devised" by Democrats, while Vice President JD Vance said groceries "cost what they cost."...

19 hours ago

Okta pops 19% after topping estimates as AI threat spikes demand for identity security

New products accounted for 30% of total bookings and Okta said it closed dozens of AI deals during the period...

21 hours ago

Salesforce stock jumps 14% on AI growth and Anthropic investment gain

Salesforce's Anthropic stake led to higher profit in the latest quarter....

21 hours ago

OpenAI’s Jalapeño AI chip brings new 'threat' to Nvidia margins as custom silicon gains ground

OpenAI’s Jalapeño chip beat Nvidia Blackwell systems on key inference-efficiency tests as custom AI silicon gains ground among major tech companies....

22 hours ago

Micron elevates two executives. Plus, what the Meta settlement means for its top line

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading....

23 hours ago

Federal judge lifts final block on Trump mail-in voting order, clearing way for midterm restrictions

The rule in question would require election officials to give USPS voter information and use federally reviewed, uniquely barcoded ballot envelopes....

23 hours ago

The post-penny economy: How cash rounding and credit card surcharges are changing what you pay

More merchants are rounding change for cash purchases to the nearest nickel due to the end of penny production, or adding surcharges to credit card transactions....

1 day ago

Mark Walter's TWG Global says there's 'no fraud' amid probe of insurers' disclosures

The empire of billionaire Los Angeles Dodgers owner Mark Walter has faced media scrutiny since he said he would sell his majority share of the LA Lakers....

1 day ago

Fed, NASA and DOJ among victims of China hacker group: Court documents

Hackers targeted networks "operated by hospitals, telecommunications providers, power companies, financial institutions, and defense contractors," a filing said....

1 day ago

Meta settles social media addiction trial with California, other states

Meta and coalition of state attorneys general settled a federal trial centering on allegations that the social media giant misrepresented the extent of child-related mental health harms....

1 day ago

Iran says the U.S. is standing in the way of Hormuz deal amid talks with Oman

Iran and Oman are approaching a deal to secure safe transit through the Strait of Hormuz and future administration of the vital economic artery....

1 day ago

Medical device maker Boston Scientific is being hit by a cyberattack. The shares are falling

The attack has disrupted the company's ability to ship products, and it's not clear when services will be restored....

1 day ago

Mortgage rates hit highest level in 3 weeks, weakening demand further

Mortgage rates rose again last week causing demand for both refinances and purchase loans to drop. Rates rose to their highest level in three weeks....

1 day ago

Haidilao shares jump as delivery growth and new restaurant brands boost outlook

Haidilao shares rose after results showed strong growth in delivery and newer restaurant formats, even as revenue from its core hotpot restaurants declined....

1 day ago

Temasek-backed investor behind Unitree pitches Singapore as Chinese robots' path to U.S.

As Washington shuts out Chinese robotics, a Temasek-backed VC bets that startups with genuine development in the city-state can still reach American buyers....

1 day ago

'Too much too quickly': Indonesia's growth ambitions questioned by economists

Indonesia has set an ambitious growth target, but economists aren't sure it can get there while keeping the deficit in check....

1 day ago

HP partners with U.S.-blacklisted Huawei for licensing the Chinese company's WiFi tech

It's a sign of adoption of Huawei technology outside China, despite the U.S. restricting the company from working with American suppliers such as Google....

1 day ago

Trump's Saudi nuclear deal reaches Congress as experts warn of proliferation risk

Some Democratic lawmakers and nonproliferation advocates have criticized the pact for not including a permanent prohibition on enrichment or reprocessing....

1 day ago

Oil falls on easing concerns of renewed tensions as the U.S. pivots to economic pressure on Iran

Oil fell Wednesday, as investors continue to assess the U.S. pivot toward economic sanctions rather than military strikes to add pressure on Iran....

1 day ago

Amazon service Bezos once called 'artificial artificial intelligence' is shutting down

Mechanical Turk launched in 2005 as a way to farm out tasks that are easy for humans to complete but too challenging for computers....

1 day ago

From military alliance to economic partnership: How Trump is redefining U.S.-South Korea ties

Trump last Sunday instructed the Pentagon to cut military drills because they were "costly" and send "inappropriate and hostile" signals to North Korea. ...

1 day ago

Dick’s Sporting Goods just had its worst day ever. Here's Jim Cramer's advice on the stock now

CNBC’s Jim Cramer said investors shouldn’t give up on Dick’s after its record 30% plunge....

1 day ago

SpaceX plans to build a $100 billion spaceport in Louisiana

SpaceX plans to establish its Starbase, LA in Vermilion Parish, which will "support thousands of launches annually."...

1 day ago

Investor competition for commercial real estate sees strongest growth in a year

Even though macro uncertainty and volatility continue to show up in the broader economy, bidding keeps rising, according to JLL....

1 day ago

2 of our software stocks face major tests of whether their rallies are for real

Here are the questions we are looking to answer when CrowdStrike and Salesforce report earnings Wednesday evening....

1 day ago

Here's why markets are starting to care about the 2026 election 10 weeks out

Wall Street analysts are tuning in 10 weeks ahead of the Nov. 3 election with concerns about risks to investors depending on how the U.S. results turn out....

1 day ago

OpenAI says its Broadcom custom chip is a winner. What does that mean for Nvidia?

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading....

1 day ago

Iran and Oman discuss joint shipping route in Strait of Hormuz and mine clearing mission

Iran and Oman on Tuesday discussed a proposal to establish a jointly managed shipping route through the Strait of Hormuz....

1 day ago

Trump goes all in on Sen. Darline Graham in South Carolina, as primary losses pile up

Sen. Darline Graham squares off Tuesday against Rep. Ralph Norman in a bid to win the GOP nomination for the a South Carolina Senate seat....

2 days ago

Stanley Druckenmiller leads doubters who think Bessent's bond ploys will fail

The bond market interventions have generated a modest decline in yields along with a growing chorus of derision....

2 days ago

China needs U.S. dollars but is building a hedge against Washington’s sanctions

The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternatives such as CIPS....

2 days ago

Dick's Sporting Goods stock falls 20% as retailer misses expectations, cites 'challenging' footwear market

Dick's Sporting Goods reported fiscal second-quarter earnings on Tuesday that missed Wall Street expectations amid what it called a "challenging" environment....

2 days ago