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Breaking News: Markets

China’s imports jump 8.4% in April, exceeding expectations

by Adrian Jhonsan
China’s imports jump 8.4% in April, exceeding expectations

Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019. Aly Song | Reuters BEIJING — China’s customs agency released data Thursday that showed exports rose in-line with …

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Categories World

Robinhood stock climbs after reporting record earnings

by Adrian Jhonsan
Robinhood stock climbs after reporting record earnings

Spencer Platt | Getty Images Shares of Robinhood rose in extended trading Wednesday afternoon after the retail brokerage announced stronger-than-expected first-quarter results. Robinhood reported net income of $157 million, or …

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Categories World

Oil prices fall more than 1% as market softens on rising inventories

by Milton Acorn
Oil prices fall more than 1% as market softens on rising inventories

ENSCO-72 drilling rig working in Poole Bay for Corallian Energy in Poole Bay, England, on Feb. 15, 2019. Finnbarr Webster | Getty Images News | Getty Images Crude oil futures …

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Categories Science

Appian CEO on Big Tech AI strategy, competition concerns, regulation

by Ev Richard
Appian CEO on Big Tech AI strategy, competition concerns, regulation

Just_super | E+ | Getty Images Big technology companies are consuming as much data as possible to become winners in artificial intelligence — but that’s not necessarily what will define …

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Categories Technology

Disney’s earnings sell-off opens door to buy back stock we sold higher

by Adrian Jhonsan
Disney’s earnings sell-off opens door to buy back stock we sold higher

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. U.S. stocks were mixed Tuesday …

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Categories World

WTI, Brent down as Gaza cease-fire uncertain

by Milton Acorn
WTI, Brent down as Gaza cease-fire uncertain

Hundreds of Palestinians, including women and children living in east part of Rafah, migrate to the west part of the Khan Yunis with their few belongings loaded on vehicles following …

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Categories Science

Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term

by Adrian Jhonsan
Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term

Stanley Druckenmiller, Duquesne Family Office, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller revealed Tuesday that he has slashed his big bet in chipmaker …

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Categories World

Wayve just raised over $1 billion from Nvidia, SoftBank, Microsoft, Eclipse Ventures

by Ev Richard
Wayve just raised over  billion from Nvidia, SoftBank, Microsoft, Eclipse Ventures

Alex Kendall, 29, is the co-founder and CEO of autonomous driving startup Wayve. Source: Wayve British startup Wayve on Tuesday said it had raised $1.05 billion in an investment round …

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Categories Technology

Microsoft signs deal to remove 3.3 million metric tons of carbon dioxide

by Milton Acorn
Microsoft signs deal to remove 3.3 million metric tons of carbon dioxide

A building of Stockholm Exergi in Stockholm, Sweden, Sept. 5, 2022. He Miao | Xinhua | Getty Images Microsoft signed a deal to remove to permanently remove 3.3 million metric …

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Categories Science

Trump Media hires new auditor after accounting firm charged with fraud

by James Odonell
Trump Media hires new auditor after accounting firm charged with fraud

Omar Marques | Lightrocket | Getty Images Trump Media hired a new auditor over the weekend, after its previous public accounting firm was accused Friday of perpetrating a massive fraud …

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