Tag: business news
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Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.
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Treasury Department authorizes Iranian oil sales under 60-day license
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuA general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483
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Watch out: Short-term cracks are starting to develop in the stock market
Investors may want to tread lightly as certain cracks are starting to emerge.
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This AI connectivity play nearly doubled in 2026. Evercore ISI says it has more room to run
The investment firm initiated coverage of the connectivity name with an outperform rating.
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Vance hails ‘great progress’ in U.S.-Iran talks despite ‘threatening’ and ‘whining’
J.D. Vance said U.S.-Iran talks in Switzerland made progress, with Tehran agreeing to allow IAEA inspectors back into Iran.
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This chip equipment giant has outperformed in 2026. Bank of America sees even more gains
The bank maintained its buy rating on the semiconductor-linked name.
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‘Albania is not for sale’: Protests grow over Kushner-linked luxury development project
The primary focus of the unrest is a proposed multi-billion-euro tourism project on Albania’s Adriatic coast.
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This oil and gas stock has been under pressure. Wells Fargo says it can jump more than 50%
The bank upgraded the oil and gas name to overweight from equal weight.
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Tencent tests AI assistant in China’s most popular app as it looks to catch up with rivals
WeChat is an indispensable part of daily life in China and Tencent is trying to tap into its huge user base to expand use of its AI services.
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The new arms race in wealth management: Winning the ultra-wealthy
Most registered investment advisors say they serve wealthy clients. The CNBC Elite Advisors list aims to help ultra-high net worth investors narrow the field.
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