Artificial intelligence has ushered in a bull run in stocks that has taken the broader market to new heights. Companies that have tied workforce reductions to the new technology, however, haven’t always fared so well. CNBC compiled a list of 23 S&P 500 firms across multiple sectors and industries to see how their stocks fared…
An aerial photograph shows the Greek-flagged crude oil tanker “Asahi Princess” off the coast of the Syrian Baniyas port refinery, along the Mediterranean Sea on on April 15, 2026. Bakr Alkasem | Afp | Getty Images Ahead of a meeting of finance ministers from the Group of Seven developed economies in Paris on Monday, a…
China and the United States have provided critical support to the oil market and helped ease the huge supply disruption in the Middle East and kept energy prices from surging even higher. The oil market has lost about 10 million barrels per day (bpd) of exports from the Persian Gulf due to Iran’s blockade of…
BEIJING — U.S. President Donald Trump has kept up an uneasy silence about Taiwan following his meeting with Chinese leader Xi Jinping this week, despite the U.S.’ announcement in December of a record $11 billion in arms sales to the island against Beijing’s wishes. Trump had said the Taiwan arms sales would be on the…
Dwyane Wade, left, and Jesse Riedel speak onstage during the YouTube Brandcast event at Lincoln Center in New York, May 13, 2026. Mike Coppola | Getty Images Among the live sports and entertainment shows that carried media companies’ presentations to advertisers this week, another pitch kept popping up: creator content. The category of videos, which…
When Spirit Airlines shut down before dawn on May 2, work for pilot Steve Giordano was just beginning. Giordano, managing partner of the Nomadic Aviation Group, told CNBC he organized a massive repossession of more than 20 Spirit planes that lessors wanted returned. In just over a week, he said he and his team ferried…
Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., center left, during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty Images Cerebras Systems‘ raucous IPO this week gave investors a taste of what’s to come in artificial…
President Donald Trump has been considered the ultimate stock market president, overseeing an expansion to numerous record highs while serving as a catalyst for major declines. Within the first two months of Trump’s second term, the S&P 500 experienced one of the fastest falls to correction territory since World War II, spurred primarily by uncertainty…
Johnson & Johnson is counting on its newly launched psoriasis pill to become its next cash cow. Investors want to know if it can live up to the hype. Icotyde went to market after the Food and Drug Administration approved it in mid-March for moderate to severe plaque psoriasis. The once-a-day drug is the first…
For many people who got their first cellphones in the late 1990s or early 2000s, flip phones were chrome and neon portals into pop culture and newfound social circles with your peers. Now, the digital world — a constantly accessible gateway to millions of other people, information on every subject and breaking news from around…
