CNBC Top News

BOJ holds rates at 1%, warns of core inflation exceeding 2% target

The decision comes as speculation continues to swirl around whether the Bank of Japan will hike rates at a faster pace.

China's factory activity unexpectedly contracts in July on demand slump, typhoons

China's factory activity unexpectedly contracted in July, as the export rush that powered a second-quarter rebound…

South Korea's 'bipolar' stock market: meltdowns, a record rally and what's to come

South Korea's stock market staged its sharpest reversal on record on Friday, capping a month of wild swings.

Anthropic says its Claude models 'gained unauthorized access' to other organizations' systems

Anthropic said it discovered three instances where its Claude AI models accessed the internet during an evaluation and…

Apple earnings takeaways: Weak forecast, supply concerns overshadow sales beat in Cook's last report as CEO

Apple reported third-quarter earnings on Thursday after the closing bell, and Tim Cook addressed investors for the last…

Tim Cook sees Apple's hybrid AI strategy as a 'competitive weapon'

Ahead of the launch of Siri AI, Apple's outgoing CEO Tim Cook said the company will charge for artificial intelligence…

Amazon soars after CEO Andy Jassy makes the case for its massive AI investment

Amazon jumped about 10% to $258 in after-hours trading, putting shares at their highest level since early June.

Reddit CEO says Google's AI Overviews can't replace '10 blue links' for referral traffic

Reddit CEO Steve Huffman said his company has to find ways to work around changes at Google, which is delivering less…

Indonesian state telecom said to weigh sale of venture arm managing $830 million

Indonesia's state-owned telecom giant is exploring a sale of MDI Ventures, according to people familiar with the matter.

Microsoft's Xbox chief lays out plan to pass rivals on margin by 2030 in memo to employees

Microsoft's gaming unit wants to invest in its Minecraft franchise and expand through partnerships, including in China.

IBM CEO says quantum computing will have a 'measurable impact' on earnings by 2028 or 2029

IBM CEO Arvind Krishna said the company's investments in quantum computing should begin to have "a measurable impact"…

Jim Cramer says this hedge fund's blowup reveals the hidden risks of leverage

CNBC's Jim Cramer said the forced unwind of Situational Awareness shows how borrowing money can quickly magnify losses…

Meta sinks 8%, continuing record losing streak, while Microsoft jumps 15% as AI trade splits

Microsoft posted strong Azure and Copilot growth, while Meta missed revenue guidance forecasts as free cash flow…

Reddit shares sink 11% on 'choppy' search referrals even as results blow past estimates

Reddit reported second-quarter earnings that beat on the top and the bottom, and gave a revenue forecast that topped…

China’s U.S.-bound shipments fall in July after brief recovery, survey shows

The latest China Beige Book study found factory activity decelerated in July.

Nexus Data Centers in advanced talks to secure $15B for Google-backed Anthropic data center

Morgan Stanley is the lead banker engaging in advanced talks to lend $15 billion to Nexus Data Centers, CNBC confirmed.

Amazon hikes 2026 capex to $220 billion due to higher memory costs

AWS sales expanded 37% year over year, which trounced analysts' expectations for 31% growth.

AI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say

Leopold Aschenbrenner's hedge fund has sold all of its public stock holdings, according to people familiar with the…

Stocks making the biggest moves after hours: Apple, Amazon, Rivian, Reddit & more

These are the stocks posting the largest moves in extended trading.

Rivian reduces 2026 spending plans, narrows earnings guidance

Rivian reduced its 2026 spending plans and slightly narrowed its previously forecast losses this year as the company…

'The Odyssey' extends stay in 70 mm Imax theaters as shows sell out weeks in advance

Universal and Imax have extended the availability of 70 mm screenings of Christopher Nolan's retelling of Homer's epic…

Trump says sanctions bill should include tariffs on Iran, despite 'trivial' trade with U.S.

Trump said he'd "like to see tariffs on Iran" added to a bill that would impose economic sanctions on Russia and those…

Jersey Mike's stock falls 6% in public market debut after pricing shares at $23

Jersey Mike's priced its initial public offering at $23 per share.

Stocks bounce back from Fed selloff, Nasdaq snaps 6-day losing streak: Live updates

Investors were digesting megacap tech earnings and the Federal Reserve's decision to hold rates steady.

Retailer Reformation closes flat in NYSE debut as CEO says company is 'ready to scale'

Retailer Reformation made its IPO on the New York Stock Exchange on Thursday under the ticker symbol "REF."

AMD and Micron surge, Lam Research climbs 17% as chip stocks rip higher

Strong earnings from Lam Research, Microsoft and Arm boosted hard-hit semiconductor stocks.

UEFA threatens World Cup boycott over FIFA private equity investment plan

FIFA has faced backlash from global soccer governing bodies over the proposal to allow private investment.

Friday, July 31, 2026: The Club discusses its next moves for its stock portfolio

Trump floats pulling Blanche's AG nomination until after GOP holdouts leave office

The Senate Judiciary Committee, which includes Sens. John Cornyn and Thom Tillis, postponed a vote on advancing Todd…

Here's where Jeffrey Gundlach is investing after the Fed held rates steady

DoubleLine Capital CEO Jeffrey Gundlach isn't taking big risks in the bond market right now.

AI stocks rebound, and why J&J's earnings guidance cut is not cause for concern

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last…

Microsoft wins back Jim Cramer's support after a surprisingly good quarter

Jim Cramer has had a change of heart about Microsoft following Wednesday evening's earnings report.

China’s open-weight model lead exposes America’s AI blind spot

The future of AI may be dictated not by who builds the smartest model, but who builds the models everyone runs on.…

Apple and Amazon report after the bell. Here's what the options market is saying

Earnings on deck this afternoon for Apple and Amazon will likely decide if the stock market can end what’s so far been…

Stocks making the biggest moves midday: Meta, Microsoft, MarketAxess, Crocs & more

These are the stocks posting the largest moves in midday trading.

OpenAI cuts prices for two of its GPT-5.6 AI models as companies grow sensitive to costs

The company is facing pressure to cater to a more cost-sensitive customer base.