Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Berkshire Hathaway on Saturday reported a small decline in second-quarter operating earnings as Warren Buffett’s conglomerate warns of negative impacts from steep U.S. tariffs. Berkshire’s operating profit — those from the company’s wholly owned businesses including insurance…
CNBC’s Jim Cramer walked investors through another week of earnings season, honing in on reports from Palantir, Berkshire Hathaway, Disney and Eli Lilly. “We’re still in earnings Hades, but at least it’s getting a little cooler out there,” he said. “That’s right, we’ve now gotten over the hump of the big-time growth stocks, the hyperscalers,…
Kuaishou’s Kling AI platform generates video from text and still images. Nurphoto | Nurphoto | Getty Images BEIJING — China’s video-heavy entertainment world has yielded a trove of data for companies — and they’re now ramping up money-making artificial intelligence tools for generating ads and film clips. TikTok parent ByteDance holds the first and third…
The Apple logo, taken at the Apple Store on 5th Avenue in Manhattan. Sven Hoppe | Picture Alliance | Getty Images Wall Street is gearing up for Apple’s third-quarter results after the bell, and users on prediction platform Kalshi are betting on what will be discussed on the iPhone maker’s upcoming earnings call. By the…
Containers reflected in a puddle following a rainfall, at the Yantian port in Shenzhen, Guangdong province, China May 9, 2025. Tingshu Wang | Reuters BEIJING — China’s official gauge for manufacturing activity on Thursday pointed to a worse-than-expected contraction in July amid slower economic growth and ongoing U.S. trade tensions. The Manufacturing Purchasing Managers’ Index…
DeWalt power tools are displayed at a Home Depot on May 2, 2025 in New York City. Michael M. Santiago | Getty Images Companies behind some of America’s best-known brands are warning that tariffs will raise costs by hundreds of millions of dollars as Friday’s key deadline nears. Firms are gearing up for the long-awaited…
CNBC’s Jim Cramer on Tuesday reviewed Figma, a design software company set to go public this week. Although he said he likes Figma’s underlying business, he’s hesitant to recommend the stock right away because it might quickly become too expensive. “There’s a lot to like about Figma, the company, but it’s already coming public at…
CNBC’s Jim Cramer examined Monday’s market action and said he thinks the U.S.’s major trade deals failed to move stocks because investors’ focus is elsewhere this week. “Right now, we’re presuming these tariffs don’t matter,” he said. “What matters is earnings, unemployment, the Fed meeting and — you know what — dead last, tariffs.” The…
The World Artificial Intelligence Conference kicked off in Shanghai on Saturday, July 26, 2025. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese companies are making smarter artificial intelligence models that are increasingly cheaper to use, echoing key aspects of DeepSeek’s market-shaking breakthrough. Startup Z.ai, formerly known as Zhipu, announced Monday that its new GLM-4.5…
The market may be trading around record highs, but the Verdence Capital Advisors CIO is worried trouble is lurking. Megan Horneman, who oversees $4.1 billion in assets under management, thinks there’s too much complacency around the Aug. 1 U.S. trade deadline. “This market is pricing in the perfect situation,” she told CNBC’s “Fast Money” on…
