News beta

Latest top stories

Hims & Hers plummets 16% after first-quarter loss, weak earnings guidance
10 minutes ago

Hims & Hers reached a deal with Novo Nordisk in March to sell its GLP-1 weight loss drug Wegovy on its platform.

Read more 10 minutes ago on CNBC
SoftBank has injected $450 million into this British AI chip company
14 minutes ago

U.K.-based Graphcore is developing AI chips and systems and was acquired by the Japanese giant in 2024.

Read more 14 minutes ago on CNBC
India’s inflation in April rises for sixth straight month, but undershoots estimates
27 minutes ago

Disruptions from the Middle East conflict pose a risk to India's economic growth and inflation.

Read more 27 minutes ago on CNBC
Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal
35 minutes ago

Oil 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"

Read more 35 minutes ago on CNBC
On Holding beats first-quarter expectations, sees double-digit growth in China as Nike lags
39 minutes ago

Swiss sneaker company On beat Wall Street's expectations on the top and bottom lines, helped in part by strong sales in China.

Read more 39 minutes ago on CNBC
'Starmer drama': UK borrowing costs hit post-2008 peak as leadership fears hit bond markets
41 minutes ago

More than 70 Labour MPs have called on Keir Starmer to resign.

Read more 41 minutes ago on CNBC
What's at stake for trade, Taiwan and Iran in Trump's high-risk summit with China's Xi
75 minutes ago

China 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.

Read more 75 minutes ago on CNBC
Amazon accelerates delivery race with 30-minute dropoffs in dozens of U.S. cities
75 minutes ago

Amazon has been gradually speeding up its delivery windows, after getting customers hooked on two-day and next-day shipping.

Read more 75 minutes ago on CNBC
UK MPs are turning on PM Starmer — Now analysts say he's unlikely to last the year
2 hours ago

Analysts have slashed the odds of Starmer facing a leadership challenge by September.

Read more 2 hours ago on CNBC
Crypto legislation faces another hurdle: Labor unions
2 hours ago

Major labor groups ask senators in a letter obtained first by CNBC to oppose a crypto bill over concerns retirement accounts could be harmed.

Read more 2 hours ago on CNBC
Asia's trillion-dollar titans are powering — and distorting — its fastest growing stock markets
7 hours ago

Taiwan'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.

Read more 7 hours ago on CNBC
GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs
12 hours ago

General Motors is laying off hundreds of salaried employees in its information technology operations.

Read more 12 hours ago on CNBC
OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment
12 hours ago

Elon Musk named Microsoft as a defendant in his lawsuit against OpenAI

Read more 12 hours ago on CNBC
Google says it likely thwarted effort by hacker group to use AI for 'mass exploitation event'
14 hours ago

Hackers are rapidly adopting AI to find previously unknown software flaws even without the help of Anthropic's powerful Mythos model.

Read more 14 hours ago on CNBC
Redistricting war isn't over, Democrats say as Jeffries calls a meeting this week
15 hours ago

Democrats 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.

Read more 15 hours ago on CNBC
April home sales disappoint as higher mortgage rates weigh on buyers
15 hours ago

Home sales barely moved in April, as mortgage rates shot higher the month before and uncertainty over the war with Iran weighed on consumers.

Read more 15 hours ago on CNBC
OpenAI revenue chief Dresser says enterprise AI adoption is 'at a tipping point'
15 hours ago

The OpenAI Development Company is a partnership with 19 investment and consultancy firms and is majority-owned and controlled by the startup.

Read more 15 hours ago on CNBC
Former Tesla CFO Deepak Ahuja joins EV battery recycler Redwood Materials
16 hours ago

Before joining Redwood Materials, Ahuja served as chief financial and business officer at the drone delivery startup Zipline for about three years.

Read more 16 hours ago on CNBC
JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount
16 hours ago

The KKR fund, often referred to by its ticker, FSK, has become one of the most visible fault lines in the private credit story.

Read more 16 hours ago on CNBC
Parabolic AI rally has bulls eyeing a comeback for this one-time meme metal trade
16 hours ago

Silver prices surged 7% Monday to the highest since March.

Read more 16 hours ago on CNBC
Trump, congressional Republicans float suspending federal gas tax amid Iran war
16 hours ago

Voters are souring on Trump's economy ahead of the 2026 midterm elections, and high gas prices are only adding to consumer discontent.

Read more 16 hours ago on CNBC
A beat-and-raise is key for Qnity — plus, high stakes for CEOs on Trump China trip
17 hours ago

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Read more 17 hours ago on CNBC
Saudi Aramco CEO says oil market won't normalize until 2027 if Hormuz disruption persists
17 hours ago

Oil inventories are rapidly drawing down as the Strait of Hormuz remains closed, Saudi Aramco CEO Amin Nasser said.

Read more 17 hours ago on CNBC
Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
18 hours ago

Trump 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.

Read more 18 hours ago on CNBC
Hassett says AI isn't costing anybody their job right now — but tech layoffs keep coming
19 hours ago

Tech companies have continued to announce layoffs tied to AI, including recent cuts from Amazon, Meta and Oracle.

Read more 19 hours ago on CNBC
Chip stocks continue to surge. Here's how to buy one for less
19 hours ago

The 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.

Read more 19 hours ago on CNBC
IRS may owe millions of taxpayers refunds for pandemic-era penalty relief. How to file a claim
20 hours ago

Millions of Americans could be eligible for pandemic-era tax refunds based on Kwong v. United States ruling. Here's the deadline and who qualifies.

Read more 20 hours ago on CNBC
The wealthy keep buying Manhattan real estate despite potential pied-à-terre tax
20 hours ago

Real estate sales in Manhattan worth $4 million or more increased in the past month, according to Olshan Realty.

Read more 20 hours ago on CNBC
Cerebras bumps up IPO range as it looks to raise up to $4.8 billion
21 hours ago

Elon Musk was open to having OpenAI merge with Cerebras. Now Cerebras is looking at going public as soon as this week.

Read more 21 hours ago on CNBC
‘The haters will hate’: Dan Ives predicts Nasdaq 30,000 as AI rally expands
22 hours ago

A solid tech earnings season has seen investor jitters earlier this year evaporate

Read more 22 hours ago on CNBC