This picture shows signage of cross-border fast fashion e-commerce company SHEIN. Jade Gao | Afp | Getty Images Shares of Shein fell 8% in their trading debut in Hong Kong on Tuesday, after a tepid IPO that saw the fast-fashion giant’s valuation drop to nearly a quarter from its peak. The Singapore-headquartered, company sold about…
A Venezuelan flag waves in front of oil tanker on lake in Maracaibo, Venezuela on July 27, 2026. Jose Isaac Bula | Anadolu | Getty Images Venezuelan interim authorities have granted U.S.-backed North American Blue Energy Partners, or NABEP, 100-year concessions for 17 oil fields, with proven reserves of about 65 billion barrels, the White…
Drivers in the U.S. won’t see lower gas prices from President Donald Trump‘s massive oil deal with Venezuela because it will take years to significantly boost the country’s production, experts say. Trump announced Friday that the U.S. secured majority control over 65 billion barrels of Venezuela’s proven oil reserves, around 20% of the 303 billion…
We are selling 40 shares of Palo Alto Networks at roughly $377 per share. Following the trade, Jim Cramer’s Charitable Trust will own 160 shares of Palo Alto, reducing its portfolio weighting to 1.5% from 1.9%. Cybersecurity stocks are a bright spot Monday following a post by Dwarkesh Patel, the influential AI podcaster and writer,…
My top 10 things to watch Monday, Aug. 31 1. Oil is up nearly 4% and Chevron , my crude barometer, is trading above $200. U.S. and Iran exchanged attacks for the first time since July. President Donald Trump is threatening to blow up an Iranian oil hub, growing frustrated by a slower-moving sanctions approach….
Insurance broker Aon announced on Monday it will purchase rival USI Insurance Services from private equity firm KKR. The $17 billion deal, which will be funded by Aon with new debt, is anticipated to close in the fourth quarter, subject to regulatory approvals. CEO Greg Case in an appearance on CNBC’s “Squawk Box” Monday said…
An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Majid Saeedi | Getty Images News | Getty Images The escalation in hostilities between the U.S. and Iran over the weekend shows the U.S. is running out of patience with the…
HONG KONG, CHINA – JANUARY 05: A general view of the BYD Auto showroom on January 5, 2026, in Hong Kong, China. (Photo by Sawayasu Tsuji/Getty Images) Sawayasu Tsuji | Getty Images News | Getty Images Shares of Chinese electric-vehicle giant BYD fell nearly 5% in Hong Kong on Monday, following the release of its…
LIUZHOU, CHINA – JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto Parts Co., Ltd. on July 25, 2026 in Liuzhou, Guangxi Zhuang Autonomous Region of China. He Huawen | Visual China Group | Getty Images China’s manufacturing activity in August shrank for a second straight month, though by…
LOS ANGELES, CALIFORNIA – MARCH 18: Attendees are seen sampling products at the VIP Preview of the medicube Glowland Pop Up on March 18, 2025 in Los Angeles, California. (Photo by Robin L Marshall/Getty Images) Robin L Marshall | Getty Images Entertainment | Getty Images Shares of South Korean beauty company APR have surged nearly…
