Sandisk has gained more than 600% in 2026. It still has room to run, Rosenblatt says
The investment firm initiated coverage of the data storage manufacturer with a buy rating.
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CNBC Top News
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Business · 3996 articles · page 48 of 111 · fetched 37 minutes ago
Soccer superstar Kylian Mbappé on ending 20-year journey with Nike: 'It was time to change'
Soccer Champion Kylian Mbappé said he was ready for "change" after ending his association with Nike and entering a deal…
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India's large caps stuck in 'bygone economic era', says Bernstein, as foreign investors head for the exit
Global brokerage Bernstein said foreign investors had little reason to invest in India as large businesses were…
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Alibaba shares jump as new AI chip, data center buildout plans unveiled
Alibaba shares jumped 3% in Hong Kong on Tuesday as the tech giant unveiled a new AI chip and plans to sharply expand…
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Here's where UBS says to invest with global yields elevated
Bonds from emerging Asian markets could provide investment opportunities, amid an environment of elevated level of…
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Investors rush into India’s National Stock Exchange IPO at valuation multiple above Nasdaq
The $2.3 billion NSE IPO, India's largest public share sale issue so far this year, has drawn strong interest from…
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Taiwan benchmark Taiex rises to record intraday high as tech stocks advance
Taiwan's benchmark Taiex rose to a record intraday high Tuesday, driven by gains in the tech sector, following an…
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Tesla makes a move on Southeast Asia's largest EV market. A homegrown giant awaits
Tesla recently set up a subsidiary in Vietnam, taking a step toward a potential entry into a fast-growing EV market…
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Jamie Dimon says hyperscaler AI spending could hit $1 trillion next year
JPMorgan CEO Jamie Dimon says AI spending across the hyperscaler ecosystem could reach $1 trillion next year as…
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CNBC's The China Connection newsletter: Five things to watch for the Trump-Xi summit
Many in China sound far more optimistic than those in the U.S. about the bilateral relationship, ahead of a highly…
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Meta's Muse AI agent downloads are surging. Here's how it compares to ChatGPT, Grok and Claude
Meta's Muse AI personal agent tool had 730,000 and 2.5 million downloads over the roughly five-day and thirteen-day…
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Hundreds of flights into Newark, New York, Philadelphia disrupted after Verizon fiber line cut
An FAA equipment problem snarled air travel at Newark Liberty International Airport and Philadelphia International…
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Texas Gov. Abbott orders data center permit halt weeks after issuing moratorium
Data centers have been a flash point in the 2026 midterm elections, including Abbott's bid for reelection against…
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Trump, Xi seek trade stability and deals, but AI, tariffs and Iran loom large. What to watch
Trump, facing low approval on the economy ahead of the midterm election, has an added incentive to emerge from the…
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Stock boom is fueling a ‘retirement party,’ economists say — what it means for workers
Stocks have surged, and economists said the resulting "wealth effect" has led older workers to retire at a faster clip.
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Stocks had a great day on the surface. But something alarming occurred not seen since 1999
The market just posted major gains, but the latest performance is not as strong as it may seem.
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What is the White House press pool and why does it matter?
Trump's media ban on three news outlets could limit the public's visibility into the president's actions.
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OpenAI proposes development of global AI standards to guide alignment, RSI
Jacob Coxon's post nearly two weeks ago that Anthropic and OpenAI were "gambling with our lives" set off a global…
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Much of Trump’s promised midterm election spending has yet to surface, new filing shows
MAGA Inc. entered September with $415.8 million as much of Trump’s promised midterm spending had yet to surface…
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Nasdaq jumps 2% to close at a record, buoyed by surge in AI stocks, as well as cooling oil and yields
The Nasdaq Composite posted its first record close since June.
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Trump media ban lawsuit set for Wednesday court hearing
President Donald Trump said he banned the three media outlets because of what he called "cumulative stories," saying,…
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Investors discover their new favorite consumer AI play in Meta. Options volume is surging
Shares of the social media giant surged 12% Monday.
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Paramount and state AGs settle lawsuit, allowing Warner Bros. merger to proceed
The antitrust lawsuit threatened to delay Paramount's acquisition until mid-2027 and to cost the company hundreds of…
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Buy these high-quality dividend stocks with plenty of free cash flow, Bank of America says
The firm identified quality stocks it rates a buy, and some of the names have attractive dividend yields.
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Retailer Revolve announces partnership with Donatella Versace
REVOLVE's partnership with Donatella Versace is the retailer's latest bid to create for young consumers.
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Eli Lilly CEO says 700,000 new seniors have started GLP-1s after Medicare coverage, and 70% are on Lilly drugs
They're the latest metrics on how much the new Medicare coverage is expanding access to GLP-1 medicines since it…
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Intel surges 12% as CPU stocks rally. Here's what's driving the move
Every weekday, the Investing Club releases the Homestretch, an actionable afternoon update just in time for the last…
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Eli Lilly CEO tells CNBC one-third of new GLP-1 pill patients are taking Foundayo, as drugmaker ramps up production
Eli Lilly is trying to catch up in the GLP-1 pill market to Novo, which got a head start in the space.
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Morgan Stanley's top picks list trounced the S&P 500 the last 12 months. Here are the new members
The firm refreshed its annual list of top stock ideas after last year’s picks beat the broad market.
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Bitcoin hits highest level since January at $86,000, as the market debates whether the 'crypto winter' is over
Bitcoin rose above $86,000 on Monday extending a rally over the past few days.
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AI stock valuations may have peaked. Trivariate Research thinks these shares can keep working
Revenue growth could more than offset anticipated contractions in stock multiples for some key AI stocks over the next…
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Nissan eyes increasing U.S. production as new Rogue hybrid launches
Nissan has two production shifts at its assembly plant in Smyrna, Tennessee, and adding another could mean hundreds, if…
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AMD hits $1 trillion market cap for the first time as stock rides 5-day rally
AMD has had a monster 2026 with the stock up more than 180% so far.
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Trump says DOJ will rein in AI 'if we have to'
President Trump has touted development of artificial intelligence by U.S. companies as a competitive advantage over…
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White House TV pool won't cover Trump after press ban: CNN
The decision comes as CNN, MS NOW and Politico said they are suing Trump to overturn his new ban of those three media…
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Stocks making the biggest moves midday: Advanced Micro Devices, Intel, Paramount, Critical Metals & more
Here are some of the companies making headlines in midday trading.
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