Traders work on the floor of the New York Stock Exchange on Aug. 22, 2025, in New York City. Spencer Platt | Getty Images Friday’s booming rally turned into Monday’s reality check as investors weighed just how aggressive the Federal Reserve will be on lowering interest rates and how the moves might impact the broader…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: The S & P 500 is off to a muted start to the week, but the broad-based index has clawed back losses thanks to…
People watch as Berkshire Hathaway chairman Warren Buffett is seen on a screen speaking at the Berkshire Hathaway annual shareholders’ meeting in Omaha, Nebraska, on May 3, 2025. Brendan McDermid | Reuters Warren Buffett is not in the market to buy another railroad but he did meet with the CEO of CSX and discuss greater…
Labubu toys packaging are seen at a souvenir store in Krakow, Poland on August 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Even Confucius is getting in on China’s “blind box” craze. At the main temple in Beijing to China’s greatest sage, the souvenir shops sell a range of “blind boxes,” gifts packaged in…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Two of Elon Musk‘s companies sued Apple and OpenAI on Monday, accusing the pair of an “anticompetitive scheme” to thwart artificial intelligence rivals. The lawsuit, filed…
Canadian investor Kevin O’Leary revealed on CNBC Monday that he was one of three buyers to snap up the record-breaking Kobe Bryant and Michael Jordan sports card at auction over the weekend. The card, a signed collectible featuring both NBA legends, sold for nearly $13 million, surpassing the previous record for the most-expensive trading card…
President Donald Trump on Monday boasted about the government’s new stake in Intel and said he’s determined to do similar deals. “I will make deals like that for our Country all day long,” the president posted on Truth Social. Trump added that “stupid people” are upset with a move that he said will bring more…
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters It’s been two years since the explosion of generative artificial intelligence started to transform Nvidia’s business. Since then, the chipmaker’s revenue has more than tripled and profits have quadrupled. Nvidia‘s fiscal second-quarter earnings…
Damircudic | E+ | Getty Images Delayed loan relief may trigger a new ‘penalty’ The American Rescue Plan Act of 2021 made student loan forgiveness tax-free at the federal level through the end of 2025. Trump’s “big beautiful bill” did not extend or make permanent that broader provision. Without action from Congress, student loan borrowers who get their debt forgiven…
An Evergrande commercial complex in Beijing on Jan. 29, 2024. Greg Baker | Afp | Getty Images China Evergrande Group was delisted from the Hong Kong Stock Exchange on Monday — an ignominious exit for the former high-flying developer that once epitomized Beijing’s economic rise and later came to symbolize the country’s property bust. Following…
