What's at stake for trade, Taiwan and Iran in Trump's high-risk summit with China's Xi
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.
Hims & Hers plummets 16% after first-quarter loss, weak earnings guidance
Hims & Hers reached a deal with Novo Nordisk in March to sell its GLP-1 weight loss drug Wegovy on its platform.
On Holding beats first-quarter expectations, sees double-digit growth in China as Nike lags
Swiss sneaker company On beat Wall Street's expectations on the top and bottom lines, helped in part by strong sales in China.
Amazon accelerates delivery race with 30-minute dropoffs in dozens of U.S. cities
Amazon has been gradually speeding up its delivery windows, after getting customers hooked on two-day and next-day shipping.
Crypto legislation faces another hurdle: Labor unions
Major labor groups ask senators in a letter obtained first by CNBC to oppose a crypto bill over concerns retirement accounts could be harmed.
SoftBank has injected $450 million into this British AI chip company
U.K.-based Graphcore is developing AI chips and systems and was acquired by the Japanese giant in 2024.
Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal
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"
UK MPs are turning on PM Starmer — Now analysts say he's unlikely to last the year
Analysts have slashed the odds of Starmer facing a leadership challenge by September.
Google says it likely thwarted effort by hacker group to use AI for 'mass exploitation event'
Hackers are rapidly adopting AI to find previously unknown software flaws even without the help of Anthropic's powerful Mythos model.
JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount
The KKR fund, often referred to by its ticker, FSK, has become one of the most visible fault lines in the private credit story.
GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs
General Motors is laying off hundreds of salaried employees in its information technology operations.
Former Tesla CFO Deepak Ahuja joins EV battery recycler Redwood Materials
Before joining Redwood Materials, Ahuja served as chief financial and business officer at the drone delivery startup Zipline for about three years.
OpenAI revenue chief Dresser says enterprise AI adoption is 'at a tipping point'
The OpenAI Development Company is a partnership with 19 investment and consultancy firms and is majority-owned and controlled by the startup.
Redistricting war isn't over, Democrats say as Jeffries calls a meeting this week
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.
Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
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.
A beat-and-raise is key for Qnity — plus, high stakes for CEOs on Trump China trip
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Trump, congressional Republicans float suspending federal gas tax amid Iran war
Voters are souring on Trump's economy ahead of the 2026 midterm elections, and high gas prices are only adding to consumer discontent.
OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment
Elon Musk named Microsoft as a defendant in his lawsuit against OpenAI
'Starmer drama': UK borrowing costs hit post-2008 peak as leadership fears hit bond markets
More than 70 Labour MPs have called on Keir Starmer to resign.
India’s inflation in April rises for sixth straight month, but undershoots estimates
Disruptions from the Middle East conflict pose a risk to India's economic growth and inflation.
Asia's trillion-dollar titans are powering — and distorting — its fastest growing stock markets
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.
Saudi Aramco CEO says oil market won't normalize until 2027 if Hormuz disruption persists
Oil inventories are rapidly drawing down as the Strait of Hormuz remains closed, Saudi Aramco CEO Amin Nasser said.
Parabolic AI rally has bulls eyeing a comeback for this one-time meme metal trade
Silver prices surged 7% Monday to the highest since March.
April home sales disappoint as higher mortgage rates weigh on buyers
Home sales barely moved in April, as mortgage rates shot higher the month before and uncertainty over the war with Iran weighed on consumers.