Robots — or automated devices that can execute tasks without human intervention — are witnessing a "new inflection point" and several global stocks are leading in a corner of the ecosystem, according to research firm…
In this aerial view, the shuttered Three Mile Island nuclear power plant stands in the middle of the Susquehanna River near Middletown, Pennsylvania, on Oct. 10, 2024.Chip Somodevilla | Getty ImagesNuclear power may be making…
Chinese companies are aggressively developing autonomous vehicles. In August, China announced that it had issued 16,000 test licenses for driverless cars and opened up about 20,000 miles of roads nationwide for autonomous vehicle testing.But Chinese…
Canada's central bank cuts interest rates by 50 basis pointsCanada's central bank on Wednesday took a big step in easing monetary policy by cutting its key benchmark rate by 50 basis points to 3.75%.The Bank…
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.Stefan Wermuth | Bloomberg | Getty ImagesIBM shares moved 4% lower in extended trading on Wednesday after the hardware,…
Abercrombie & Fitch chairman and CEO Mike Jeffries addresses stockholders during the company's annual meeting at the company's headquarters in New Albany, Ohio, U.S. May 22, 2003.Will Shilling | Via ReutersAbercrombie & Fitch washed its…
Tesla CEO and X owner Elon Musk stands with Republican presidential nominee former U.S. president Donald Trump during a campaign rally, on the day Trump returns to the site of the July assassination attempt against…
In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin meets with Iran's President Masoud Pezeshkian on the sidelines of an international forum "Interrelation of times and civilizations - basis…
A customer walks out of a McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024.Mario Tama | Getty ImagesThe Centers for Disease Control and Prevention told McDonald's late last week about a potential link to…
Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024.Bloomberg | GettyApple on Wednesday released a beta version…
Democratic presidential nominee, U.S. Vice President Kamala Harris delivers remarks before departing the vice president’s residence on October 23, 2024 in Washington, DC.Kevin Dietsch | Getty ImagesVice President Kamala Harris on Wednesday blasted Donald Trump…
Coca-Cola on Wednesday reported quarterly earnings and revenue that topped analysts' expectations, thanks to a boost from higher prices that offset sluggish demand.Shares of the company fell 2% in morning trading.Here's what the company reported…
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. Anna Moneymaker | Getty ImagesTesla is set…
Voters enter a polling location to cast their ballots in the state's primary on March 5, 2024 in Oxford, Alabama. 15 States and one U.S.Elijah Nouvelage | Getty ImagesAn army of Chinese-controlled social media bots…
An escalation of trade and tariffs tensions between the U.S. and China would have "costly" economic consequences around the world, Gita Gopinath, deputy managing director of the International Monetary Fund told CNBC on Wednesday."We are…
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy.Hollie Adams | ReutersNovo Nordisk on Tuesday asked the Food and Drug Administration to prevent compounding pharmacies from making unapproved and often…
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024.David A. Grogen | CNBCWarren Buffett is worried about a rise in impersonators looking to capitalize…
Coca-Cola President and CEO James Quincey attends a press conference with International Olympic Committee (IOC) president and China Mengniu Dairy CEO and Executive Director, as part of the 134th Session of the International Olympic Committee…
North Korean leader Kim Jong Un visits the training base of the special operations armed forces of the Korea's Army, at an undisclosed location, in North Korea, in this handout picture released by North Korea's…
A cyclist drives along a road under a railway bridge near the headquarters of the European Central Bank (ECB) in Frankfurt am Main, western Germany, on July 18, 2024, ahead of an ECB press conference…
Nina Jankowicz, a disinformation expert and vice president at the Centre for Information Resilience, gestures during an interview with AFP in Washington, DC, on March 23, 2023.Bastien Inzaurralde | AFP | Getty ImagesNina Jankowicz's dream…
Workers picket outside the Boeing Co. manufacturing facility during a strike in Renton, Washington, US, on Thursday, Oct. 3, 2024. David Ryder | Bloomberg | Getty ImagesBoeing's new CEO Kelly Ortberg said the company needs to…
Trond Grande, deputy chief executive officer of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Tuesday, Jan. 30, 2024.Bloomberg | Bloomberg | Getty ImagesNorges Bank Investment Management (NBIM), one of the…
Russian President Vladimir Putin and Chinese President Xi Jinping at their bilateral meeting prior to the opening of the BRICS summit, on Oct. 22, 2024, in Kazan, Russia.Contributor | Getty Images News | Getty ImagesChina…
Hikers on layered sandstone rock formations in the Fire Wave area of Valley of Fire State Park near Overton, Nevada. Ron Buskirk | Universal Images Group | Getty ImagesThis report is from today's CNBC Daily Open,…
A sign for Deutsche Bank AG at a bank branch in the financial district of Frankfurt, Germany, on Thursday, Feb. 2, 2023. Bloomberg | Bloomberg | Getty ImagesDeutsche Bank on Wednesday beat expectations in its return…
Liquefied natural gas (LNG) storage units.Dan Kitwood | Getty Images News | Getty ImagesThe biggest influx of liquified natural gas (LNG) supply is coming online and it will transform the global market, bringing about wide…
A general view from the Flattop Mountain in Alaska, United States on September 27, 2024. Hasan Akbas | Anadolu | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open…
Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024.Qilai Shen | Bloomberg | Getty ImagesThe International Monetary Fund (IMF) warned of a possible worsening of the state of…
Investors should look beyond the so-called "Magnificent Seven" and identify "country winners" in tech outside the U.S., according to one hedge fund manager. Beeneet Kothari, CEO and principal portfolio manager at the U.S.-headquartered hedge fund Tekne Capital Management, said…
Investors often get bullish on stocks when interest rates start inching lower. That certainly was the case as markets anticipated the start of the U.S. Federal Reserve's easing cycle, which kicked off with a jumbo…
Buy now, pay later firms like Klarna and Block's Afterpay could be about to face tougher rules in the U.K.Nikolas Kokovlis | Nurphoto | Getty ImagesLONDON — More startups are being spun out of Swedish digital…
Rudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, speaks to the press as he leaves the E. Barrett Prettyman U.S. District Courthouse on December 11, 2023 in Washington, DC.Drew Angerer |…
A McDonalds located on Route 66 in Azusa, California, on April 1, 2024.Robert Gauthier | Los Angeles Times | Getty ImagesMcDonald's shares dropped in extended trading Tuesday after the Centers for Disease Control and Prevention…
Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks on Tuesday posted preliminary quarterly results, which showed its sales fell again as the coffee chain tries…
Amazon Flex driver Ricardo Escalona works to deliver his same day orders during Cyber Monday from an Amazon fulfillment center on November 27, 2023 in Tampa, Florida. Octavio Jones | Getty Images News | Getty ImagesAmazon…
Russian President Vladimir Putin attends the BRICS Business Forum in Moscow, Russia October 18, 2024. Alexander Zemlianichenko | Via ReutersRussia is rolling out the red carpet to its geopolitical allies as it hosts the latest BRICS…
A woman works in a restaurant during a blackout in Havana, Cuba, October 17, 2024. Norlys Perez | ReutersA small town in far eastern Cuba was recovering Tuesday from flooding that killed at least six people…
Dario Amodei, co-founder and CEO of artificial intelligence startup Anthropic.Chesnot | Getty ImagesAnthropic, the Amazon-backed AI startup founded by former OpenAI research executives, announced Tuesday that it's reached an artificial intelligence milestone for the company: AI…
Christian Klein, Co-CEO of German software and cloud computing giant SAP, speaks during a press conference to present SAP's financial results for 2019 on January 28, 2020 in Walldorf, southwestern Germany. - German software giant…
Jeff Smith, chief executive officer and chief investment officer of Starboard Value LP.Chris Goodney | Bloomberg | Getty ImagesSalesforce shares jumped 98% in 2023 in part after the business software maker increased its adjusted operating…
Much of the world has managed to successfully lower inflation and engineer an economic soft landing, avoiding recession, but faces rising geopolitical risks and weaker long-term growth prospects, according to the International Monetary Fund. Global headline…
The U.S. election is about two weeks away – and who winds up in the White House and in Congress could have an impact on key corners of the stock market, according to Bank of…
General view of the City of London skyline, the capital's financial district, in October.Sopa Images | Lightrocket | Getty ImagesLONDON — The International Monetary Fund on Tuesday raised its 2024 growth outlook for the United…
Ryan Bergh, a machinist at Boeing's factory in Everett, Washington for 10 years, cheers during a strike rally for the International Association of Machinists and Aerospace Workers (IAM) at the Seattle Union Hall in Seattle,…
File: Mike Jeffries, then Abercrombie & Fitch CEO in 2005.Michael Loccisano | FilmMagic | Getty ImagesFormer Abercrombie & Fitch CEO Mike Jeffries was arrested in Florida and faces sex trafficking-related charges, a spokesman for federal…
A general view of atmosphere during 'Sonic Desert' presented by Coca-Cola Spiced and Topo Chico in partnership with BPM Music on April 13, 2024 in Thermal, California. Randy Shropshire | Getty ImagesThe hottest food and drink…
Qatar Airways Group CEO Badr Al Meer (center) and Qatar Tourism Chairman Saad bin Ali Al Kharji (left) speak with Elon Musk (right) via Starlink on board the flight.Qatar AirwaysQatar Airways launched Tuesday its inaugural…
Brand new GMC trucks are displayed on the sales lot at Hanlees Hilltop GMC on July 02, 2024 in Richmond, California.Justin Sullivan | Getty ImagesDETROIT — General Motors easily outperformed Wall Street's third-quarter earnings expectations,…
Democratic presidential nominee Vice President Kamala Harris speaks with members of the press on board Air Force Two at Philadelphia International Airport, Monday, Oct. 21, 2024, in Philadelphia, before departing to Michigan. Jacquelyn Martin | Via…
HSBC names first female CFO, announces restructureLONDON - Nov. 5, 2020: Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial…
Chinese markets have been in the spotlight over the last month after the government revealed a slew of stimulus announcements , sending markets higher. As well as measures including interest rate cuts, lower cash reserve…
Aaron P | Bauer-Griffin | GC Images | Getty ImagesHSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a major overhaul comprising a new geographic setup and four consolidated business…
Bank of England in the City of London on 8th October 2024 in London, United Kingdom.Mike Kemp | In Pictures | Getty ImagesLONDON — The U.K. is likely to see interest rates drop at a…
Close up stack of gold bars, financial wealth concepts and businessVector Photo Gallery | Istock | Getty ImagesGold is in a "new bullish phase" after prices notched another record high, said asset management firm Sprott…
Vice President and Democratic presidential candidate Kamala Harris (L) holds a moderated conversation with Former US Rep. Liz Cheney, Republican of Wyoming, at People's Light performing arts theater Malvern, Pennsylvania, on October 21, 2024. Brendan Smialowski…
Macroeconomic uncertainties, mounting geopolitical tensions and a desire to hedge against inflation have given gold — the classic "safe haven" asset — a blistering rally. Spot gold prices have soared above $2,700 an ounce, rallying…
India and China have reached a deal on patrolling their disputed frontier to end a four-year military stand-off, the Indian foreign minister said on Monday, paving the way for improved political and business ties between…
I'm proud to call the tiny sugarcane farming community of Ingham, Australia, my hometown.It boasts blue skies, sandy beaches and Australia's longest single-drop waterfall. But its location — at the northern end of the state…
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Brendan McDermid | ReutersEli Lilly said on Monday it sued three medical spas and online vendors for selling products claiming to contain tirzepatide,…
Tthe Robinhood logo is displayed on a smartphone screen.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesLONDON — Robinhood said Monday that it's rolling out margin investing — the ability for investors to borrow cash to…
Former President Donald Trump's tax reform ideas could offer total or partial income tax exemptions to roughly 93.2 million Americans, or just under half of the U.S. electorate, according to CNBC's analysis of several estimates.As…
A still from Warner Bros. Discovery Blade Runner 2049 trailer.Source: Warner Bros. PicturesElon Musk, his car company Tesla and Warner Brothers Discovery were sued Monday over their alleged artificial intelligence-fueled copyright infringement of images from…
The precious metals complex has seen strong performance this year, with gold returning 32% year-to-date and silver returning nearly 40%. Long-term bullish trends are intact for each commodity, but silver looks more actionable in the…
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York…
Former President Donald Trump's campaign plans would significantly accelerate the already-fast-approaching date when Social Security is projected to run out of money, a nonpartisan budget group said Monday.Trump's agenda would make the popular government program,…
The University of Chicago Booth School of Business.Courtesy: The University of Chicago Booth School of Business.A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the…
Check out the companies making headlines in midday trading. Boeing – The stock climbed 3%. The aircraft maker reached a new contract proposal with its machinists' union, which could end a strike that's been going…
Republican presidential nominee and former U.S. President Donald Trump works behind the counter during a visit to McDonalds in Feasterville-Trevose, Pennsylvania, U.S. October 20, 2024. Doug Mills | Via ReutersThough President Donald Trump visited a Pennsylvania…
The Supreme Court is visible on July 29, 2024 in Washington, DC. In an op-ed in The Washington Post, U.S. President Joe Biden laid out his proposed reforms to the Supreme Court including 18 year…
A DJI Inspire 1 Pro drone is flown during a demonstration at the SZ DJI Technology Co. headquarters in Shenzhen, China, on Wednesday, April 20, 2016.Qilai Shen | Bloomberg | Getty ImagesChina has unveiled a…
Vice President Kamala Harris is campaigning for president against Elon Musk at least as much as she is against former President Donald Trump, Mark Cuban said Monday, as he advocated for the Democratic nominee as…
Republican presidential nominee, former U.S. President Donald Trump delivers remarks during a campaign rally at the Cobb Energy Performing Arts Centre on October 15, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images News | Getty…
Britain's Finance Minister Rachel Reeves has pledged to make the "necessary", "urgent" and "incredibly tough" choices to restore the country's economic stability.Pool | Getty Images News | Getty ImagesLONDON — British technology bosses and investors are…
A sign hangs outside of a Chick-fil-A restaurant on May 06, 2021 in Chicago, Illinois. Scott Olson | Getty ImagesChicken sandwiches, waffle fries, milkshakes – and now TV shows and podcasts?Chick-fil-A plans to launch a new…
A man sits in a workshop as Cuba is hit by an island-wide blackout, in Havana, Cuba, October 18, 2024. Norlys Perez | ReutersHAVANA — Millions remained without power in Cuba for a third consecutive day…
Disney has tapped James Gorman to replace Mark Parker as the company's next chairman, effective in January, as the media giant lays the groundwork to name a successor for CEO Bob Iger in early 2026,…
An undated capture taken from a video shows Fetullah Gulen, leader of a group that the Turkish government alleges was behind the defeated 2016 coup in Turkiye and has designated the Fetullah Terrorist Organization's (FETO),.…
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024.Dimas Ardian | Bloomberg | Getty ImagesLONDON — Microsoft will allow businesses to start making their own…
Russian President Vladimir Putin (C) enters the hall during the meeting with Iranian President Masoud Pezeshkian (not pictured), October 11, 2024, in Ashgabat, Turkmenistan.Contributor | Getty Images News | Getty ImagesIran has been one of…
Moldovan citizens living in Moscow are seen queuing to vote at a polling station during the 2024 Moldovan elections in Moscow, Russia on October 20, 2024. Moldovans headed to the polls on Sunday for a…
