Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Stocks making the biggest moves midday: SK Hynix, Meta, WD-40, Delta, Vodafone & more
These are some of the stocks posting the largest moves midday.
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We’re looking to buy more of this chip stock as the once-hot group cools
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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Trump purges Election Assistance Commission members, months before midterms
The White House said the Supreme Court’s ruling allowing President Trump to fire FTC Commissioner Louise Slaughter provided the precedent for the removals.
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The stock market looks pretty cheap based on future earnings expectations. Don’t be fooled
The S&P 500 trades around 28x trailing earnings versus 21x forward earnings. Experts say the spread mostly reflects high earnings expectations.
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Air taxi company Beta wraps first test flights in U.S. government’s pilot program
Beta is one of several electric air taxi makers racing to secure Federal Aviation Administration certification and start flying passengers commercially.
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Meta’s stock heads for best week since early 2024 as optimism builds around AI strategy
Meta released two AI models this week as part of its new Muse Spark family, under the leadership of Alexandr Wang.
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How the U.S.-Iran deal set the stage for renewed fighting over the Strait of Hormuz
The U.S. and Iran’s contradictory interperations of the memorandum of understanding have led to renewed fighting over the Strait of Hormuz.
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Elon Musk postpones first TV interview since SpaceX went public: Live updates
Elon Musk’s space and AI company SpaceX began trading on June 12 in a historic IPO that raised $85.7 billion.
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Seize the advantage in Micron options against the SK Hynix listing, Jeff Kilburg says
MU options saw massive activity Friday, indicating heavy hedging or directional bets as the memory chip trade repositions.
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Kraken to launch agentic trading as crypto exchanges evolve beyond crypto
Kraken is preparing to relaunch its app with agentic trading at its core, the company told CNBC exclusively.
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