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The Latest Breaking News from CNBC

Jim Cramer Calls Out Intel's $18.8 Billion Foundry Loss Despite Subsidies: 'We Sell Your Stock'

Jim Cramer, the host of CNBC’s “Mad Money,” spotlighted Intel Corporation’s (NASDAQ:INTC) staggering $18.8 billion loss in its foundry division in 2024, despite receiving $8.5 billion in U.S. CHIPS Act subsidies.

Benzinga

Jim Cramer Says Tariffs Will Become A 'Build-In Cost For Companies' As Caterpillar Takes Hit Amid Mixed Q2

After Caterpillar Inc. (NYSE:CAT) delivered a mixed second-quarter earnings result, CNBC’s ‘Mad Money’ host Jim Cramer highlighted how President Donald Trump‘s policies are reshaping corporate cost structures and may normalize tariff hits as a business expense.

Benzinga

Apple, MercadoLibre, PG&E And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said Apple Inc. (NASDAQ:AAPL) may be finding support here and doesn't seem to want to go down anymore.

Benzinga

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Jim Cramer: This Tech Stock Is A Buy, Qualcomm Will 'Go Higher'

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Palo Alto Networks, Inc. (NASDAQ:PANW).

Benzinga

Who’s on Trump’s short list for Jerome Powell’s replacement

Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers weigh how each candidate could impact Fed independence and dollar strength.

Fortune

Palantir CEO Warns US Could Lose AI Race Despite Record $1 Billion Quarter: Being Ahead Is the 'Danger Zone'

Palantir Technologies Inc. (NYSE:PLTR) posted record earnings driven by AI adoption, but CEO Alex Karp says the U.S. risks falling behind without an "all-in" national effort.

Benzinga

Trump narrows Fed chair candidates to four, excluding Treasury Secretary Bessent

Trump said in an interview with CNBC that he had removed Treasury Secretary Scott Bessent from consideration for Fed chair because Bessent wanted to remain in his current role.

Euronews

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Investors Walk Fine Line As Trump Tariffs Temper Rate Hopes

Asian investors trod warily Wednesday amid lingering uncertainty over Donald Trump's trade war, while another round of data indicated further weakness in the US economy but added interest rate cut speculation.

International Business Times

Trump threatens EU with 35% tariffs if $600bn investment pledge unfulfilled

Trump spoke on CNBC about the current state of markets in the US, but was quizzed about a pledge on investment made in the EU-US trade deal.

Euronews

Palantir CEO warns of America’s AI ‘danger zone’ as he plans to bring ‘superpowers’ to blue-collar workers

CEO Alex Karp said Palantir is “an America story,” and he doesn’t care whether his workers went to Harvard or Princeton or Yale: “Once you come to Palantir, you’re a Palantirian.”

Fortune

Trump wonders if ‘low IQ’ foe Jasmine Crockett ‘is any relationship to the late, great Davy’ as he rips ‘lost’ Democrats

The president blasted his near-constant sparring partner in a wide-ranging and often rambling interview on CNBC’s Squawk Box Tuesday morning

The Independent UK

Trump Signals Tariffs On Pharma, Chips As Trade War Widens

US President Donald Trump signaled Tuesday that fresh tariffs on imported pharmaceuticals and semiconductors could be unveiled as soon as the coming week, as he presses on in efforts to reshape global trade.

International Business Times

Pfizer posts strong earnings despite Trump’s new 'up to 250%' tariff threat

Pfizer beat earnings expectations and improved its outlook for the rest of the year, despite fresh statements from Trump announcing pharma tariffs next week.

Euronews

Switzerland's president heads to Washington in effort to avert steep US tariffs

Switzerland’s president and other top officials are traveling to Washington in a hastily arranged trip aimed at striking a deal with the Trump administration over steep tariffs

The Independent UK

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The Independent UK

Trump team looking to Joe Rogan for help amid lingering Epstein-Ghislaine Maxwell fallout, report says

Vice President JD Vance denied strategy dinner he was set to host with Justice and FBI leadership was about handling of ongoing Jeffrey Epstein case

The Independent UK

‘Give me a break’: Trump says he hired Fed chair Powell as a ‘favor’ after CNBC host presses him on labor bureau firing

Trump defended his recent decision to fire head of BLS while distancing himself from his past decision to hire Fed chair Jerome Powell

Fortune

Bessent won’t replace Powell as Fed chair, Trump says: ‘I love Scott, but he wants to stay where he is’

The Treasury secretary has said he has “the best job in Washington,” although he has often been floated as a name for the top job at the central bank.

Benzinga

Tesla, Delta Air, IDEXX Laboratories And More On CNBC's 'Final Trades'

In a volatile market landscape marked by rapid shifts in investor sentiment, financial experts are spotlighting key stocks and sectors poised for growth. On CNBC's “Halftime Report Final Trades,” Bryn Talkington, Managing Partner of Requisite Capital Management, recommended sticking with Tesla, Inc. (NASDAQ:TSLA).

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Roll Call

Trump signals higher tariffs, defends firing of BLS chief in combative CNBC interview - Roll Call

A defiant President Trump defended his firing of a top government jobs monitor and said he would like to run again in 2028.

The Mary Sue

‘They recording y’all now’: Walmart workers say they’re now wearing body cams for ‘aggressive’ customers. Viewers say it’s the workers being watched

Have a fear of being perceived? Then you probably won’t like Walmart’s new policy that has both shoppers and workers on edge. As if self-checkout cameras and the numerous dome cameras dotting the ceiling weren’t enough, now you’ll be recorded by workers themselves due to the new body cameras the…

Benzinga

Tesla Tech Is Worth 'A Lot More,' Jim Cramer Says: As For Accenture? 'What The Heck...'

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Tesla (NASDAQ:TSLA). “It's in transition from being a car company to being a technology company, and you want to be in there because the tech is worth a lot more than what it's selling for right now,” he added.

Benzinga

Rising Competition In China Threatens Nvidia's Comeback

Nvidia (NASDAQ:NVDA) is set to resume sales of its H20 chips in China following a policy shift by the Trump administration. Still, analysts warn that the company may not regain its previous market dominance due to growing domestic competition and regulatory hurdles.

Benzinga

Netflix, Palo Alto And An Energy Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Blue Line Capital’s Bill Baruch named Netflix, Inc. (NASDAQ:NFLX) as his final trade.

Benzinga

From Phishing To 'Quishing': The Sneaky New QR Code Scam Targeting 26 Million Americans

When QR codes first hit the scene, they were a niche tool, employed by factories to track inventory or by museums to offer visitors unique interactive experiences. The pandemic made them more ubiquitous, and they can now be found everywhere from air travel to parking payments.

Benzinga

This 34-Year-Old Quit His Law Firm Job After Making $10,000 In A Month On Fiverr — Now He Pays Himself Over $350,000 A Year

Indianapolis attorney Derrick Morgan Jr. told CNBC in January that earning $10,000 in a single month on Fiverr convinced him to quit his law-firm desk.

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