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Hims & Hers plummets 16% after first-quarter loss, weak earnings guidance
10 minutes agoHims & Hers reached a deal with Novo Nordisk in March to sell its GLP-1 weight loss drug Wegovy on its platform.
SoftBank has injected $450 million into this British AI chip company
14 minutes agoU.K.-based Graphcore is developing AI chips and systems and was acquired by the Japanese giant in 2024.
India’s inflation in April rises for sixth straight month, but undershoots estimates
27 minutes agoDisruptions from the Middle East conflict pose a risk to India's economic growth and inflation.
Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal
35 minutes agoOil prices rose Tuesday amid concerns over a prolonged Middle East conflict after President Trump's comments that the ceasefire with Iran is on "life support"
On Holding beats first-quarter expectations, sees double-digit growth in China as Nike lags
39 minutes agoSwiss sneaker company On beat Wall Street's expectations on the top and bottom lines, helped in part by strong sales in China.
'Starmer drama': UK borrowing costs hit post-2008 peak as leadership fears hit bond markets
41 minutes agoMore than 70 Labour MPs have called on Keir Starmer to resign.
What's at stake for trade, Taiwan and Iran in Trump's high-risk summit with China's Xi
75 minutes agoChina experts expect Trump and Xi may announce trade deals or other agreements, such as a Chinese purchase of U.S. agricultural products or Boeing aircraft.
Amazon accelerates delivery race with 30-minute dropoffs in dozens of U.S. cities
75 minutes agoAmazon has been gradually speeding up its delivery windows, after getting customers hooked on two-day and next-day shipping.
UK MPs are turning on PM Starmer — Now analysts say he's unlikely to last the year
2 hours agoAnalysts have slashed the odds of Starmer facing a leadership challenge by September.
Crypto legislation faces another hurdle: Labor unions
2 hours agoMajor labor groups ask senators in a letter obtained first by CNBC to oppose a crypto bill over concerns retirement accounts could be harmed.
Asia's trillion-dollar titans are powering — and distorting — its fastest growing stock markets
7 hours agoTaiwan's Taiex and South Korea's Kospi stock markets have been seeing record breaking rallies. The stunning surge leaves experts wondering if this growth hinges largely on a few AI-linked semiconductor giants.
GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs
12 hours agoGeneral Motors is laying off hundreds of salaried employees in its information technology operations.
OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment
12 hours agoElon Musk named Microsoft as a defendant in his lawsuit against OpenAI
Google says it likely thwarted effort by hacker group to use AI for 'mass exploitation event'
14 hours agoHackers are rapidly adopting AI to find previously unknown software flaws even without the help of Anthropic's powerful Mythos model.
Redistricting war isn't over, Democrats say as Jeffries calls a meeting this week
15 hours agoDemocrats are vowing to fight on after being dealt a series of blows in the partisan fight to redraw congressional maps ahead of the 2026 midterms.
April home sales disappoint as higher mortgage rates weigh on buyers
15 hours agoHome sales barely moved in April, as mortgage rates shot higher the month before and uncertainty over the war with Iran weighed on consumers.
OpenAI revenue chief Dresser says enterprise AI adoption is 'at a tipping point'
15 hours agoThe OpenAI Development Company is a partnership with 19 investment and consultancy firms and is majority-owned and controlled by the startup.
Former Tesla CFO Deepak Ahuja joins EV battery recycler Redwood Materials
16 hours agoBefore joining Redwood Materials, Ahuja served as chief financial and business officer at the drone delivery startup Zipline for about three years.
JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount
16 hours agoThe KKR fund, often referred to by its ticker, FSK, has become one of the most visible fault lines in the private credit story.
Parabolic AI rally has bulls eyeing a comeback for this one-time meme metal trade
16 hours agoSilver prices surged 7% Monday to the highest since March.
Trump, congressional Republicans float suspending federal gas tax amid Iran war
16 hours agoVoters are souring on Trump's economy ahead of the 2026 midterm elections, and high gas prices are only adding to consumer discontent.
A beat-and-raise is key for Qnity — plus, high stakes for CEOs on Trump China trip
17 hours agoEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Saudi Aramco CEO says oil market won't normalize until 2027 if Hormuz disruption persists
17 hours agoOil inventories are rapidly drawing down as the Strait of Hormuz remains closed, Saudi Aramco CEO Amin Nasser said.
Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
18 hours agoTrump invited Tesla's Elon Musk, Apple's Tim Cook and Blackrock's Larry Fink to join his China trip for talks with Xi Jinping on trade, AI and geopolitics.
Hassett says AI isn't costing anybody their job right now — but tech layoffs keep coming
19 hours agoTech companies have continued to announce layoffs tied to AI, including recent cuts from Amazon, Meta and Oracle.
Chip stocks continue to surge. Here's how to buy one for less
19 hours agoThe immediate impulse might be to jump in the chip rally. If you're in that camp, a more measured approach might be to use options and risk less capital.
IRS may owe millions of taxpayers refunds for pandemic-era penalty relief. How to file a claim
20 hours agoMillions of Americans could be eligible for pandemic-era tax refunds based on Kwong v. United States ruling. Here's the deadline and who qualifies.
The wealthy keep buying Manhattan real estate despite potential pied-à-terre tax
20 hours agoReal estate sales in Manhattan worth $4 million or more increased in the past month, according to Olshan Realty.
Cerebras bumps up IPO range as it looks to raise up to $4.8 billion
21 hours agoElon Musk was open to having OpenAI merge with Cerebras. Now Cerebras is looking at going public as soon as this week.
‘The haters will hate’: Dan Ives predicts Nasdaq 30,000 as AI rally expands
22 hours agoA solid tech earnings season has seen investor jitters earlier this year evaporate