Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Vance says U.S. isn’t giving Iran ‘a cent’ as he defends Trump peace deal
“The only way the Iranians get any of these resources … is if they comply fully” with the terms of the deal, Vice President JD Vance said.
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Apple’s upcoming price hikes are good for the company not so good for consumers
Apple is throwing in the towel, facing down soaring memory and storage chip costs.
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OPEC chief dismisses IEA supply glut forecast as ‘critical’ Strait of Hormuz reopens
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.
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There’s a little-known tech name on Josh Brown’s Best Stocks list that’s at the nexus of the data center buildout
This company’s three businesses are on fire, says Josh Brown.
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Three Saudi oil tankers carrying 6 million barrels cross Strait of Hormuz
The Saudi tankers switched their transponders on Thursday after hiding their location for more than two months.
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SpaceX has even more room to run after AI coding deal, Oppenheimer says
SpaceX shares are likely to get a boost from the aerospace company’s acquisition of Cursor and its popular AI coding application, according to Oppenheimer.
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GOP Rep. Steil pushes bill curbing members of Congress from prediction market betting
The new proposal on limits on members of Congress making such bets come as scrutiny increases on prediction markets like Kalshi and Polymarket.
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Trump bid to fire Fed’s Lisa Cook cost her more than $1M in legal, security costs: Filing
A financial disclosure from Federal Reserve Governor Lisa Cook details large legal and security expenses
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UBS traders say it’s time to ‘reduce risk meaningfully’ on tech
The dangers of being heavily exposed to tech are getting bigger, according to UBS traders.
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California’s counting on an IPO tax windfall. Several factors are complicating the equation
The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue impact may be blunted.
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