A view of a grain field during the early harvest season in the Rostov region, southern Russia, on July 14, 2026. Anadolu | Anadolu | Getty Images Corn and wheat prices have surged to their highest levels in more than three years. But the forces driving recent rallies for these two crops are notably different….
A Kalshi advertisement seen in Washington on March 27, 2026. Paul Lester | CNBC The 9th U.S. Circuit Court of Appeals rejected prediction market platforms’ requests for injunctive relief against the Nevada Gaming Control Board, concluding that sports-related event contracts are not a derivative regulated by the federal government. The court rejected appeals by Kalshi…
CNBC’s Jim Cramer on Thursday said strong earnings results from Nvidia and Salesforce shattered two of Wall Street’s biggest tech bear narratives, sending both stocks soaring. “We were in the grip of some lies and damn lies, backed by chimerical statistics, and now both bear stories backfired,” the “Mad Money” host said. “Today was a…
After an explosive debut and equally impressive crash, SpaceX shares are now, well, hovering in midair. After debuting as the most volatile stock among its large-cap peers, Elon Musk‘s astronomic equity hasn’t moved in three weeks, with shares trading in a $10 range around the $140 level. Implied volatility, a rough measure of the costs…
The Zhipu or Z.ai logo is pictured on a smartphone on Aug. 14, 2026. Cfoto | Future Publishing | Getty Images BEIJING — Chinese artificial intelligence company Z.ai released a new model Wednesday that the company claims uses entirely homegrown semiconductors to operate. Called GLM-5.3-Flash, the low-cost version of Z.ai’s flagship model ranks 10th on…
The company flag flies in front of Boston Scientific Headquarters in Natick, Massachusetts. JB Reed | Bloomberg | Getty Images Boston Scientific said Wednesday it was hit with a cyberattack this week that is affecting its operations. The disclosure sent shares of the $72 billion medical device maker lower. The attack is disrupting Boston Scientific’s…
The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC BEIJING — U.S.-based personal computing and printing firm HP has signed a multi-year global agreement for licensing certain WiFi patents from Chinese telecoms giant Huawei, the companies announced Wednesday. It’s a sign of adoption of Huawei’s technology outside China, despite…
CNBC’s Jim Cramer said Tuesday that Dick’s Sporting Goods‘ historic 30% plunge may represent a buying opportunity for investors willing to wait out the retailer’s near-term challenges. “If you don’t own Dick’s, you dodged a bullet today, but based on the last time the stock fell apart, you might want to be a buyer over…
A photo illustration showing a gold necklace, silver coins and visual representations of bitcoin placed on top of different currencies. Yuriko Nakao | Getty Images The debasement trade is gaining new traction on Wall Street as concern over the size and cost of the budget deficit mounts. The conventional wisdom behind the trade is that…
Leopold Aschenbrenner Photo: Josh Edelson The Securities and Exchange Commission has reportedly subpoenaed several major Wall Street lenders to glean more information about their role in the near-collapse of AI-focused hedge fund Situational Awareness. Regulators are seeking insights into Situational Awareness’s trades, use of leverage and communications with the investment banks, which include Goldman Sachs,…
