Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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The British finance minister choice that’s worrying big business
The front-runner for U.K. finance minister is Ed Miliband, who’s seen as deeply anti-business. Will Andy Burnham, the incoming prime minister, dare appoint him?
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ASML hikes sales forecast for second time this year on strong AI chip demand
ASML on Wednesday raised its guidance for a second time this year as its customers continue to ramp up their production capacity of AI chips.
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Stripe, Advent offer to buy PayPal for more than $53 billion: Reuters
Stripe and Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53 billion.
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Why Europe is suddenly betting big on drones
Drones and autonomous systems are moving from niche battlefield tools to a core part of modern warfare.
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Oil rises as U.S. continues to strike Iran, reinstates naval blockade of the country’s ports
Oil prices rose Wednesday after U.S. forces struck Tehran and Washington reinstated its naval blockade of Iranian ports near the Strait of Hormuz.
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China posts slowest GDP growth since 2022 at 4.3%, missing expectations
That second-quarter growth came below Beijing’s full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.
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CNBC Daily Open: Trump walks back on Hormuz tolls in TACO Tuesday
U.S. President Donald Trump has reversed his announcement on imposing fees on ships transiting the Strait of Hormuz
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SK Hynix South Korean shares jump 11% as Asia tech stocks rally
SK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor shares after a sharp selloff earlier this week.
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Cramer’s lightning round: Buy Kratos Defense & Security Solutions
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Jim Cramer says IBM’s 25% plunge isn’t enough to make the stock a buy
CNBC’s Jim Cramer said IBM’s sharp sell-off isn’t enough to make the stock a buy.
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