General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images The theatrical industry is in flux — and one stock is rising above the rest. IMAX saw its shares jump more than…
Pedestrians walk past a Saks Fifth Avenue store in Chicago, Dec. 30, 2025. Scott Olson | Getty Images Beleaguered retail chain Saks Global is struggling to line up as much as $1 billion in financing to keep its business afloat during a potential Chapter 11 bankruptcy filing, CNBC has learned. The luxury chain has been…
Intel shares rose 2% in extended trading on Thursday after President Donald Trump posted a flattering message on social media about the chipmaker and its CEO, and championed the government’s investment in the company. “I just finished a great meeting with the very successful Intel CEO, Lip-Bu Tan,” Trump wrote on Truth Social. In August,…
CNBC’s Jim Cramer said Wednesday that investors are watching a classic market phenomenon play out in real time: a violent rotation where yesterday’s winners become sources of cash and yesterday’s losers suddenly come back into favor. Cramer warned that these moments can feel chaotic — even irrational — but are often driven by valuation extremes…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The proposed California billionaire tax includes a special provision that makes it highly unlikely that anyone who wants to leave the state could…
I’ve spent the last 25 years in front of the camera here at CNBC, and people have gotten to know a lot about me. What they don’t know, though, is probably the most important part: My family. And our family is a happy one. But we are also unique, and we have our struggles. Our 9-year-old…
Microsoft CEO Satya Nadella speaks during the Future Decoded Tech Summit in Bengaluru, India, on Feb. 25, 2020. Microsoft will open a new data-center region in Spain, expanding their strategic partnership with Telefonica SA, according the the statement by Telefonica. Samyukta Lakshmi | Bloomberg | Getty Images Microsoft has identified itself as the mystery company…
Jim Farley, president and chief executive officer of Ford, speaks at the Ford Motor Co.’s Kentucky Truck Plant to launch the 2025 Ford Expedition, in Louisville, Kentucky, April 30, 2025. Carolyn Kaster | AP Ford Motor plans to introduce eyes-off driving technology on an upcoming $30,000 all-electric vehicle in 2028, the Detroit automaker announced Wednesday….
CNBC’s Jim Cramer said Tuesday that investors should grow more selective after the market’s recent run, warning that buying stocks near their highs is often “a license to lose money.” On a volatile session that saw sharp moves across major indexes, Cramer said investors should resist chasing stocks already up 30% or 40% for the…
Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on March 25, 2019, in Cupertino, California. Noah Berger | AFP | Getty Images JPMorgan Chase has reached a deal to take over the Apple credit card from its original issuer, Goldman Sachs, according to a person with knowledge of the…
