Trump says U.S. will 'go right back to dropping bombs' if he doesn't like Iran deal
U.S. President Donald Trump said Wednesday at the G7 conference that the U.S. will "go right back to dropping bombs" if he doesn't like the Iran deal.
Carvana’s new vehicle strategy turns dealership into ‘playground,’ test-drive center with sales all online
But don't expect Carvana to sell you a vehicle at one of its seven Stellantis stores, marking a stark contrast from typical franchised dealers.
CME Group's Terry Duffy to step down in 2027, CFO Lynne Fitzpatrick to become CEO
Duffy, 67, will transition to executive chairman effective March 1, 2027, the company said Wednesday.
Anthropic asked for regulation. Washington went much further
Anthropic has long been supportive of AI regulation, but the Trump administration is coming down particularly hard on the AI company.
Abercrombie & Fitch begins selling third-party shoe brands in latest bid to chase growth
Abercrombie & Fitch's explosive growth has slowed, leading the apparel retailer to expand into new categories to boost sales
Mortgage rates are now falling but demand is still weaker
A mixed week for mortgage rates resulted in less demand from both current homeowners and potential homebuyers.
'Passive' investors who dodged bitcoin are now forced to own SpaceX, which is three times more volatile
Many advisors and money-managers invested in index funds who will soon be owners of Elon Musk's astronomic ambitions
CNBC to wade further into live sports with 11 simulcast WNBA games
The simulcasts will expose the WNBA to an affluent audience on CNBC and marks a new chapter for the business news network after it spun out from Comcast.
BMW stock slumps to 5-year low as Iran war and China slowdown spark profit warning
BMW blamed a slowdown in its Chinese market, as well as disruption from the Iran war, as two reasons for the slashed guidance.
Jim Cramer's top 10 things to watch in the stock market Wednesday
Fed Chairman Kevin Warsh hold his first post-meeting press conference, and Broadcom gets an "aggressive" buy recommendation.
Rivian laying off hundreds of workers amid R2 launch
Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce.
Three Iranian tankers exit U.S. blockade for first time in months as shipowners eye Hormuz in 'wary disbelief'
At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade.
'A signal of where power sits': Trump and world leaders joined by OpenAI, Anthropic, Google at G7
Frontier AI risks, infrastructure and sovereignty are all expected to be discussed at the world leaders' summit.
Intel begins production of most-advanced chip, inching closer to possible Apple deal
Intel is entering production of 18A-P, its most-advanced chip node that could be the target of a coming deal with Apple
How Roku fits into Fox's future — and what investors are missing about the deal
Fox's stock dropped following its announcement that it will acquire Roku for $22 billion. Analysts still think it's a good deal.
More united Fed board seen at Warsh's first meeting, according to Kalshi traders
Traders on prediction market platform Kalshi largely forecast a unanimous decision among FOMC members at Wednesday's meeting, after April's divided vote.
SpaceX stock looks to continue momentum after surpassing Amazon in market cap
Elon Musk's space and AI company has seen its stock surge since its blockbuster IPO on Friday.
Bill limiting investors from buying homes set to speed through Congress
Top lawmakers reached an agreement on a key housing bill that would limit investor ownership, clearing the way for passage through both chambers of Congress.
Michael Burry says he's tempted to bet against SpaceX, but passes on expensive options
Burry argued the company's market capitalization had reached levels that dwarf many established businesses and fortunes.
Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents
Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increasing costs.
DOJ assists Musk's xAI in NAACP air pollution suit, asks court to toss case
The DOJ is asking a Mississippi federal court to dismiss a lawsuit filed by the NAACP against Elon Musk's xAI, now owned by SpaceX.
Central banks are bringing gold reserves home as geopolitical risks rise
Central banks expect gold reserves to rise and more are storing bullion at home amid geopolitical and currency risks.
Jim Cramer says SpaceX investors aren't buying earnings — they're buying Elon Musk
CNBC's Jim Cramer said SpaceX investors are betting on Elon Musk's vision and track record, rather than the company's current earnings power.
Ineos and Daimler Truck enlist in auto defense push as Europe bolsters military spending
The partnership is one of a spate of auto-defense collaborations announced in recent weeks.