A coalition of 25 Democratic-led states sued the Trump administration Monday, arguing President Donald Trump exceeded his authority by imposing sweeping tariffs on goods from 60 U.S. trading partners. The complaint, filed in the U.S. Court of International Trade, challenges tariffs of 10% or 12.5% on most goods imported from the affected economies, which together…
Evan Speigel, CEO of Snap, speaks with CNBC on June 16th, 2026. CNBC Snap reported better-than-expected revenue and earnings for the second quarter and issued a forecast for the current period that topped analysts’ estimates. The stock jumped around 12% in extended trading. Here’s how the company did compared with analysts’ expectations: Earnings per share:…
President Donald Trump said Monday that ExxonMobil and Chevron made “too much money” on rising crude oil prices due to the Iran war. “They’re making too much money based on a shortage,” Trump told reporters at the White House. “I don’t like it.” Exxon and Chevron on Friday reported windfall profits for the second quarter….
Imax is on a winning streak, and it has Christopher Nolan to thank. Shares of the entertainment technology company hit an all-time high Monday as it continues to haul in box office receipts from Nolan’s “The Odyssey.” Imax CEO Rich Gelfond said Monday the film is tracking almost double what Nolan’s “Oppenheimer” raked in in 2023….
The Federal Aviation Administration has certified the Boeing 737 Max 7, the smallest model in the best-selling family of aircraft, after nearly a decade of delays. The agency on Monday said the approval “reflects years of sustained work to resolve complex technical issues and complete a thorough review of the airplane’s design and supporting safety…
US President Donald Trump (R) and Open AI CEO Sam Altman (L) react during a working lunch meeting of G7 members, partner countries, and artificial intelligence business leaders as part of the G7 summit, in Evian, eastern France, on June 17, 2026. Julia Demaree Nikhinson | Afp | Getty Images The White House will host…
Shares of Amazon hit a new all-time high on Monday, putting its market cap over the $3 trillion threshold following a better-than-expected earnings report last week. Monday’s new record is the best day for Amazon since May 5. Shares are up roughly 4%. The jump comes after the company reported a surge in cloud growth…
Nikolas Kokovlis | Nurphoto | Getty Images Visa on Monday said it is acquiring fraud detection startup BioCatch for $2.4 billion in cash, expanding the payment giant’s push into cybersecurity as banks confront a surge in artificial intelligence-powered scams and account takeovers. Under the deal, Visa will get BioCatch’s behavioral biometrics platform, which analyzes data…
My top 10 things to watch Monday, Aug. 3 1. Peace talks between the U.S. and Iran are back on the menu, so oil prices are falling. WTI crude is off more than 5%, trading below $80 a barrel this morning. Stock futures are higher across the board, led by the Dow . Within our…
Firefighters and Hellenic Civil Protection personnel battle advancing flames during a wildfire near Agios Nektarios in Western Attica, Greece, as firefighting operations continue under difficult conditions. Nick Paleologos | Afp | Getty Images Greece is entering its second week of wildfires spread by extreme winds as more countries in Southern Europe battle with heatwaves. The…
