Saudi Aramco profits soar in second quarter as Iran war squeezes oil supply
The results come as oil supermajors have reported blowout quarterly profits, benefitting from higher fossil fuel prices amid the Iran war.
HSBC pretax profit beats estimates, boosted by higher net interest income and fees
AI is helping Grab ship products more than 30% faster, CFO says, as company raises forecasts
Grab reported second-quarter results on Tuesday and raised its full-year outlook.
Palantir soars 12% on blowout quarter, with U.S. commercial revenue soaring nearly 150%
Palantir's second-quarter earnings beat expectations, and the AI software company lifted revenue guidance.
CNBC's The China Connection newsletter: AI wins come with an old investor risk
From a surprise yuan devaluation in 2015 to crackdowns in recent years, many of Beijing's policy moves appear abrupt to outsiders.
Snap's stock jumps 8% on earnings beat and strong sales forecast
Snap beat analysts' estimates across the board in its second-quarter earnings report.
Twenty five states sue Trump administration over latest global tariffs
Twenty five states sued the Trump administration, arguing its latest global tariffs unlawfully replace duties already struck down by courts.
India to raise up to $3.3 billion by selling stake in country’s largest life insurer at 10% discount
Indian government plans to raise up to $3.3 billion by selling its stake in the country's top life insurance company.
'Spider-Man: Brand New Day' beats out 'Avengers: Endgame' for highest domestic opening ever
Sony and Marvel's "Spider-Man: Brand New Day" set the record for the highest domestic opening weekend of all time with $360 million in ticket sales.
Are Americans ready to embrace tiny 'cars'? These companies think so
Electric low-speed vehicles, or LSVs, are a step above a traditional golf cart but below a typical light-duty car or truck sold in the U.S.
Analysis: Federal Reserve may be pulled into Bessent’s effort to support Japan’s yen
Treasury Secretary Scott Bessent wants to defend the yen without selling Treasurys into a sensitive U.S. bond market. The Federal Reserve could help.
Big Tech's Anthropic and OpenAI stakes are distorting the corporate earnings picture
If you were to strip out Big Tech's investment gains from private AI companies, the earnings story is a lot less bullish.
SpaceX's post-IPO plunge sets tense backdrop for first earnings report
Two weeks after Tesla's earnings report was panned by Wall Street, Elon Musk faces investors again, but this time to discuss SpaceX's results.
Hugging Face CEO says China is winning the AI race and dominating on open models
Hugging Face CEO Clément Delangue said Chinese AI models could catch up to the U.S. as soon as this year.
Why the U.S. stepped in after decades to prop up Japan's yen — and what's at stake
Washington's decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.
Jim Cramer says the market has warmed up to Big Tech's AI spending. Here's what flipped the switch
Cramer said Amazon CEO Andy Jassy finally explained how Amazon's massive AI spending will generate long-term returns.
Trump insists Iran talks are underway despite Tehran's 'duplicitous' denials
Trump on Truth Social accused Iran's leaders of lying about peace talks, which he said are underway "whether Iran wants to admit it or not."
Amazon tops $3 trillion market cap as stock continues post-earnings surge
Shares of Amazon hit a new all-time high Monday, putting its market cap over $3 trillion.
Larry Berg named next Major League Soccer commissioner
Larry Berg will take over as MLS commissioner from Don Garber next year. He will sell his stake in Los Angeles FC.
Trump says Exxon and Chevron made 'too much money' off high oil prices during Iran conflict: 'I don't like it'
U.S. crude oil prices have gained about 20% since the U.S. and Israel attacked Iran on Feb. 28.
Tourism price wars threaten to dim a rare bright spot in China's consumer spending
China’s domestic tourism is underperforming, with hotel revenues falling as soft demand pressures room rates.
A trio of positive developments has Boeing shares soaring
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Trump sours on Pirro over Reflecting Pool case, won't say her job is safe
President Donald Trump said Jeanine Pirro, the U.S. attorney for the District of Columbia, "choked" and "folded like an umbrella" in the Reflecting Pool case.
Can Palantir pull off a Microsoft-style comeback? Here's what options say
Hopes are running high that high-profile software provider Palantir can shake off its nine-month bear market and rally after earnings.