Stocks eked out a winning week. Here are the names that are now overbought
Investors may have gotten overenthusiastic on a couple big names.
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Iran trade falls as Supreme Leader Khamenei urges less reliance on the U.S. dollar
Iran's president says sanctions are hitting imports and exports, as its supreme leader urges less reliance on the U.S.…
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Buffett remains active at 96, but Berkshire's shares aren't doing much
Warren Buffett will be celebrating his 96th birthday on Sunday, but Berkshire Hathaway investors aren't celebrating the…
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Some U.S. cities have begun rewarding careful drivers with fewer red lights
Albuquerque and Portland, Oregon, have added speed sensors that grant a much earlier green light to drivers traveling…
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CFTC fines former White House aide $172,000 for trading on Trump speech information
Perez had access to Trump's speeches before they were delivered and used that information to trade the contracts for…
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Meta’s $18 billion settlement puts TikTok and YouTube on notice. Who's next on the firing line?
"Meta is seeking to ensure its competitors will face the same rules," one business professor told CNBC after Meta…
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Mark Walter's insurer Delaware Life sees two banks pause sale of its products amid probes
Walter's holding company earlier in the week said "there has been no fraud" at Delaware Life and its affiliated…
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U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
The 9th U.S. Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a 3rd…
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Meta's $17 billion settlement mandates new safeguards for kids—many are promising, says safety expert
Following a major legal settlement, Instagram and Facebook users under age 18 will soon have a daily two-hour limit and…
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Trump loses bid to transfer New York hush money case to federal court
Trump's conviction in the hush money case relates to conduct that preceded the 2016 presidential election, which led to…
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S&P 500 falls Friday after Fed’s Warsh highlights inflation worries, but index posts positive week
The three major indexes posted winning weeks.
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Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson
Treasury has not disclosed how much yen it bought, the execution rate or the current value of the position, despite…
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Stocks wrap up winning week even as inflation becomes top of mind for investors
The inflation battle, as well as Nvidia earnings, captured investor attention this past week.
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Next week will show how sustainable the AI trade is. Here's what's ahead, including a jobs report
Whether artificial intelligence can sustain its advance remains to be seen.
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CEO of buy now, pay later giant Affirm says high gas prices are hitting U.S. shoppers
The national average price for gas is at $4.09 per gallon and was last below $3 on March 2.
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2-year Treasury yield jumps as Warsh says Fed may 'have work to do'
Investors assessed Federal Reserve Chair Kevin Warsh's hawkish message in his keynote address at Jackson Hole.
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Stock traders warm up to Warsh as volatility index touches year-to-date low
The Cboe Volatility Index (VIX), which measures the price of 30-day options on the S&P 500 Index, fell to as low as…
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Apple hikes subscription prices for Apple TV and Apple One in the U.S.
Apple raised prices for Apple Music by $1 per month in July, citing licensing costs.
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Bolster your portfolio with these dividend-paying cash cows as midterms approach
A new market catalyst is on the horizon in the form of midterm elections. ISS Stoxx picked out a few cash cows that may…
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Stocks making the biggest moves midday: Amazon, Marvell, PayPal, Salesforce & more
Here are some of the companies making headlines in midday trading.
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Treasury moves to sanction UAE branch of Egyptian bank over Iran ties
Banque Misr UAE processed about $1.8 billion over two years for some 100 companies that are potentially part of Iran's…
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What we learned from Warsh's Jackson Hole speech, and GE Vernova's CFO to retire
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last…
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Analysis: Kevin Warsh sharpens inflation warning at Jackson Hole, signaling possible rate hike
After confusing markets at his July news conference, Fed Chairman Kevin Warsh used Jackson Hole to give a clearer view…
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Walmart settles U.S. government's opioid lawsuit
In a 2020 complaint, the Justice Department accused Arkansas-based Walmart of repeatedly violating the federal…
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Cramer says he's warming back up to the AI trade, but not ready to act yet
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
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The Democratic Socialist and the retired Rear Admiral: How Democrats aim to win in Colorado
Democrats are trying to recapture the House and maybe even the Senate in November's midterm election. Colorado is a…
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Fed Chairman Warsh expresses concern about inflation, advocates for 'quieter' central bank
He used the speech to outline his philosophy on policymaking while carefully sidestepping any signals
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52% of Gen Z investors have redirected investing money to sports bets
Some Gen Z investors are choosing gambling on sports over investing for their future.
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Big Tech's massive AI spending is putting one of its longtime strengths to the test
There's new risk emerging from Big Tech's massive artificial intelligence buildout.
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Top tech analyst says people are buying more things on Amazon because of AI. He raised his price outlook as a result
Amazon.com could rally as wider AI adoption drives up sales on its online shopping platform, per Evercore ISI.
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'Grand Theft Auto 6' preview signals blockbuster demand, analysts say
Take-Two shares moved higher in premarket Friday, as analysts said they were bullish on the GTA maker's parent company…
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Oil exports from the Gulf rise to more than 60% of level before Iran war, Goldman Sachs estimates
It has become difficult to figure out how much oil is flowing from the Gulf because information from the region is…
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BlackBerry lost the phone war. Now it's betting on cars and robots
BlackBerry CEO John Giamatteo joins CNBC's Arjun Kharpal on The Tech Download podcast.
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Stocks are entering a tough period. Top small-cap strategist says buy these steady quality names
Jefferies pointed to Citizens Financial Group, Okta and McCormick & Company as good plays during a tumultuous time for…
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FDA approves daily HIV pill from Gilead designed to simplify treatment for some patients
The new pill is also aimed at people who are doing well on a single-tablet regimen, including Biktarvy, and want to…
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China’s super-rich fled Singapore. Now they want to come back
Wealthy Chinese are reconsidering Singapore as Beijing’s offshore wealth scrutiny and geopolitical risks make…
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