CNBCWorldNews 10 mins ago

After U.S. SEC, Treasury and Justice departments offer billionaire Gautam Adani legal relief The U.S. Treasury Department settled a case against Adani Enterprises, involving the purchase of sanctioned Iranian energy between November 2023 and June 2025.

CNBC

After U.S. SEC, Treasury and Justice departments offer billionaire Gautam Adani legal relief

The U.S. Treasury Department settled a case against Adani Enterprises, involving the purchase of sanctioned Iranian energy between November 2023 an...

CNBCWorldNews 2 hours ago

Oil prices fall as Trump postpones Iran strike, easing supply disruption fears Oil prices fell after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Eastern leaders.

CNBC

Oil prices fall as Trump postpones Iran strike, easing supply disruption fears

Oil prices fell after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Easte...

CNBCWorldNews 3 hours ago

Asia markets open broadly higher as oil eases after Trump delays planned Iran strike Asia-Pacific markets opened broadly higher on Tuesday, amid lower oil prices after President Donald Trump said he is postponing a scheduled attack on Iran

CNBC

Asia markets trade broadly higher as oil eases after Trump delays planned Iran strike

Asia-Pacific markets opened broadly higher on Tuesday, amid lower oil prices after President Donald Trump said he is postponing a scheduled attack ...

CNBCWorldNews 3 hours ago

Japan's economy grows at an annualized 2.1% rate in the first quarter, beating expectations The figure beat with projections of 0.4% from Reuters-polled economists, and against the 0.3% in the last quarter.

CNBC

Japan's economy grows at annualized 2.1% rate in first quarter, beating expectations

The growth was sharply higher compared with Reuters-polled analysts' average estimate of 1.7%, and against the 1.3% in the previous quarter.

CNBCWorldNews 4 hours ago

These chip stocks could extend historic gains by rallying over 110%, according to Nomura Surging structural demand for memory in AI applications are likely to keep profitability high for chip stocks.

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These chip stocks could extend historic gains by rallying over 110%, according to Nomura

Surging structural demand for memory in AI applications are likely to keep profitability high for chip stocks.

CNBCWorldNews 5 hours ago

Google I/O primer: Alphabet's AI showcase is its chance to wow Wall Street After a 140% stock surge and a sweeping Wall Street reset, Google’s developer conference has to prove the AI story is more than a market narrative.

CNBC

Google I/O primer: Alphabet's AI showcase is its chance to wow Wall Street

After a 140% stock surge and a sweeping Wall Street reset, Google’s developer conference has to prove the AI story is more than a market narrative.

CNBCWorldNews 7 hours ago

Trump says he's postponing 'scheduled attack of Iran tomorrow' at Middle East leaders' request President Donald Trump said he is calling off a plan to attack Iran on Tuesday after the heads of three regional powers in the Middle East asked him to "hold off."

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Trump says he's postponing 'scheduled attack of Iran tomorrow' at Middle East leaders' request

The U.S. and Iran are in a stalemate centered on the Strait of Hormuz, the global oil pathway whose closure due to the war has caused an energy sup...

CNBCWorldNews 8 hours ago

Nvidia bulls mount uphill battle into earnings Call volume outpaced puts by more than double on Monday, though more calls were exchanged at the bid or below, meaning likely sold.

CNBC

Nvidia bulls mount uphill battle into earnings

Call volume outpaced puts by more than double on Monday, though more calls were exchanged at the bid or below, meaning likely sold.

CNBCWorldNews 8 hours ago

Seagate leads memory sell-off as CEO says it would 'take too long' to build new factories Seagate CEO Dave Mosley's comment sent shares sinking, along with those of Micron, SanDisk and Western Digital.

CNBC

Seagate leads memory sell-off as CEO says it would 'take too long' to build new factories

Seagate CEO Dave Mosley's comment sent shares sinking, along with those of Micron, SanDisk and Western Digital.

CNBCWorldNews 9 hours ago

Trump pivots to midterms, affordability after China summit as Iran war persists Trump, at a White House event Monday, is expected to announce an expansion of the number of discounted prescription drugs offered through TrumpRX.

CNBC

Trump pivots to midterms, affordability after China summit as Iran war persists

Trump, at a White House event Monday, is expected to announce an expansion of the number of discounted prescription drugs offered through TrumpRX.

CNBCWorldNews 9 hours ago

Elon Musk loses court battle against Sam Altman and OpenAI after 3-week trial The jury ruled in favor of Sam Altman and OpenAI in their dramatic court battle with Elon Musk.

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Musk slams Altman trial verdict as a 'technicality,' vows to appeal

A jury in Oakland, California, ruled against Elon Musk in his dramatic court battle with Sam Altman and OpenAI.

CNBCWorldNews 10 hours ago

Trump administration ends civil, criminal cases against Adani after $10 billion investment promise The DOJ is also close to dropping related criminal fraud charges against Adani, who has promised to invest $10 billion in the U.S., according to sources.

CNBC

Trump administration ends civil, criminal cases against Adani after $10 billion investment promise

The DOJ is also close to dropping related criminal fraud charges against Adani, who has promised to invest $10 billion in the U.S., according to so...

CNBCWorldNews 10 hours ago

Kevin Warsh to be sworn in as Federal Reserve chair on Friday

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Kevin Warsh to be sworn in as Federal Reserve chair on Friday

Trump will swear in Kevin Warsh, his hand-picked choice to lead the Federal Reserve, during a White House ceremony.

CNBCWorldNews 11 hours ago

Warren Buffett teased to CNBC he made a ‘tiny purchase’ in March. Berkshire filing may have revealed it When asked in March whether Berkshire was still putting money to work, Buffett said the conglomerate had made "one tiny purchase."

CNBC

Warren Buffett teased to CNBC a ‘tiny purchase’ in March. Berkshire filing may have revealed it

When asked in March whether Berkshire was still putting money to work, Buffett said the conglomerate had made "one tiny purchase."

CNBCWorldNews 12 hours ago

The EU will cut growth outlook, raise inflation forecast as Iran war drives 'stagflationary shock' The commission's forthcoming spring forecast, released later this week, will see economic growth figures adjusted down and inflation figures up.

CNBC

The EU will cut growth outlook, raise inflation forecast as Iran war drives 'stagflationary shock'

The commission's forthcoming spring forecast, released later this week, will see economic growth figures adjusted down and inflation figures up.

CNBCWorldNews 13 hours ago

Meta layoffs starting this week stress harsh AI reality inside Zuckerberg’s company Meta is starting layoffs this week, with 8,000 jobs expected to be cut, as employees brace for a new era of AI.

CNBC

Meta layoffs starting this week stress harsh AI reality inside Zuckerberg’s company

Meta is starting layoffs this week, with 8,000 jobs expected to be cut, as employees brace for a new era of AI.

CNBCWorldNews 13 hours ago

Lululemon takes battle with Chip Wilson public, calls founder 'misguided' and 'outdated' Lululemon responded publicly to founder Chip Wilson's campaign in a letter to shareholders, where it urged them to vote in its favor at its annual meeting.

CNBC

Lululemon takes battle with Chip Wilson public, calls founder 'misguided' and 'outdated'

Lululemon responded publicly to founder Chip Wilson's campaign in a letter to shareholders, where it urged them to vote in its favor at its annual ...

CNBCWorldNews 15 hours ago

Trump says he should've asked for 'more' of Intel when negotiating stake with CEO The chipmaker's stock has soared since the U.S. equity deal in August gave the government 9.9% of the company.

CNBC

Trump says he should've asked for 'more' of Intel when negotiating stake with CEO

The chipmaker's stock has soared since the U.S. equity deal in August gave the government 9.9% of the company.

CNBCWorldNews 15 hours ago

NextEra Energy and Dominion to merge, combining two key players in the race to power AI data centers Dominion powers the world's largest data center market in Northern Virginia. NextEra is the biggest renewable energy developer in the U.S.

CNBC

NextEra Energy to buy Dominion in deal that unites two key players in race to power AI data centers

Dominion powers the world's largest data center market in northern Virginia. NextEra is the biggest renewable energy developer in the U.S.

CNBCWorldNews 16 hours ago

Berkshire has revamped its portfolio — here's how the new stocks are trading Berkshire Hathaway took a $2.6 billion stake in Delta Airlines and increased its shares in Alphabet by 224%.

CNBC

Berkshire Hathaway has revamped its portfolio — Here's how the new stocks are trading

Berkshire Hathaway took a $2.6 billion stake in Delta Airlines and increased its shares in Alphabet by 224%.