General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia Aug. 28, 2025. Stringer | Reuters U.S. decision to sanction Russia’s two largest oil companies threatens to disrupt the energy lifeline linking Moscow to its biggest customers in Asia, but without causing an immediate supply shock, industry experts told CNBC. The…
CNBC’s Jim Cramer said Tuesday that investors often miss a key market truth: a company can deliver excellent results and still see its stock tumble not because it did anything wrong, but because expectations were simply too high. Several high-flying names were hit hard in the latest session, a sign, Cramer said, that markets may…
Bank of Korea warned there’s a chance of increased volatility following more rate hikes from the Fed, following U.S. Federal Reserve Chair Jay Powell’s speech in Jackson Hole. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s central bank kept its benchmark interest rate unchanged at 2.5% for the fourth…
Demolition of a section of the East Wing of the White House, during construction on the new ballroom extension of the White House in Washington, DC, US, on Tuesday, Oct. 21, 2025. Aaron Schartz | Bloomberg | Getty Images Tech giant Alphabet is contributing $22 million to help build the White House ballroom under a…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks are moving lower on Wednesday morning as corporate earnings roll in. The S & P 500 was essentially flat on Tuesday. President Donald Trump said Tuesday his highly…
Despite all eyes on the Magnificent Seven, CNBC’s Jim Cramer said that strong earnings results from companies in the “real economy” were responsible for Tuesday’s rally. “We got some tremendous numbers from actual businesses,” Cramer said. “And I think we need to celebrate that so many companies not connected to the data center or artificial…
Travis Kelce #87 of the Kansas City Chiefs looks on during warmups before the game against the Detroit Lions at Arrowhead Stadium on Oct. 12, 2025 in Kansas City, Missouri. Jamie Squire | Getty Images NFL star Travis Kelce is teaming up with activist investor Jana Partners in a bid to help reshape the future…
Capital One shares rose on Tuesday evening after the credit card issuer reported a sizeable quarterly beat, driven by improved credit quality performance. Revenue in the third quarter ended Sept. 30 increased 53% year over year to $15.36 billion, beating the LSEG-complied consensus estimate of $15.08 billion. Adjusted earnings per share increased 32% year over year…
Chinese tech company Baidu announced Wednesday its Apollo Go robotaxi arm has entered a strategic partnership with PostBus in Switzerland. Baidu BEIJING — Chinese tech giant Baidu announced Wednesday that its robotaxi unit will start test drives in Switzerland in December, as firms race to get their vehicles on European roads. The company’s Apollo Go…
One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021. Bloomberg | Bloomberg | Getty Images British lender Barclays reported a profit on Wednesday as it announced a surprise £500 million ($667 million) share buyback. “We have been robustly and consistently generating capital for our shareholders…
