Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Klarna seeks U.S. bank charter in latest push beyond buy now, pay later
Klarna joins a wave of fintech and crypto firms seeking entry to the traditional banking system.
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Trump defends call urging Balogun red card review: ‘It wasn’t a foul’
“I didn’t know what the hell a red card was,” said Trump, who called FIFA President Gianni Infantino about the suspension of Folarin Balogun.
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SpaceX President Gwynne Shotwell to donate stock to Trump Accounts
President Donald Trump told CNBC’s Joe Kernen last week that he thought SpaceX CEO Elon Musk would donate company stock to the program.
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This semiconductor-linked stock could gain more momentum in earnings season, Deutsche Bank says
Qnity Electronics could rise on semiconductor-linked tailwinds that have already likely boosted its sales, per Deutsche Bank.
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NATO tensions are ‘growing pains,’ U.S. ambassador says as Trump presses allies
U.S. Ambassador to NATO Matthew Whitaker said NATO’s allies boosting defense spending under pressure from Trump reflects “growing pains,” not a crisis.
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‘Electronic warfare is a tech phenomenon’: Why the market is rethinking defense valuations
There’s a growing investment in newer areas of defense such as deep strike capabilities, anti-drone and unmanned systems, with different priorities for different countries.
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Semiconductor stocks are flashing warning signs of a possible top. What to watch
A reckoning may be on the horizon for semiconductor manufacturers.
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Microsoft cuts 4,800 jobs, as Xbox unit downsizes and plans to spin off four gaming studios
Microsoft is cutting jobs in its commercial business and its Xbox gaming group, where revenue has been shrinking.
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Trump rings opening bell at White House with raft of CEOs in first-of-its-kind market open
The Trump Accounts include a one-time $1,000 pilot program contribution from the U.S. Treasury Department for babies born from 2025 through 2028.
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We’re buying more shares of Jim Cramer’s new favorite chip stock
Shares are trading around the same price as our previous purchase in mid-June.
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