ASML hikes sales forecast for second time this year on strong AI chip demand
ASML on Wednesday raised its guidance for a second time this year as its customers continue to ramp up their production capacity of AI chips.
Oil rises after another round of U.S. strikes against Iran, naval blockade of the country's ports
Oil prices rose Wednesday after U.S. forces struck Tehran and Washington reinstated its naval blockade of Iranian ports near the Strait of Hormuz.
China posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls
That second-quarter growth came below Beijing's full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.
Why Europe is suddenly betting big on drones
Drones and autonomous systems are moving from niche battlefield tools to a core part of modern warfare.
The AI boom just found two new winners: Goldman Sachs and JPMorgan Chase
Goldman Sachs and JPMorgan showed that Wall Street is a major beneficiary of the AI boom, with record revenue driven by surging trading and investment banking.
U.S. strikes Iranian missile sites, defense systems and reinstates port blockade
President Donald Trump has said the U.S.-Iran ceasefire is over following multiple flare-ups of hostilities in the region.
SK Hynix South Korean shares jump 11% as Asia tech stocks rally
SK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor shares after a sharp selloff earlier this week.
IBM stock craters 25%, the worst day on record, after company issues second-quarter earnings warning
The CEO blamed the shortfall on weakness in the software and infrastructure business because clients shifted money toward hardware purchases.
United Airlines' new upsell: Keeping other travelers out of the middle seat
United Airlines will allow customers to pay more to keep the middle seat open on its Airbus A321XLRs
Social Security cost-of-living adjustment estimate for 2027 falls as inflation cools
New estimates show Social Security's annual cost-of-living adjustment for 2027 may be between 3.7% and 3.8%. Here's what to know.
Jim Cramer says concerns about AI market froth are overblown. Here's why
CNBC's Jim Cramer said today's stock market is far less concerning than it was during the dot-com bubble.
Here’s the inflation breakdown for June 2026 — in one chart
The consumer price index rose 3.5% in June from a year earlier, a deceleration after several months of upward moves.
Warsh pledges Fed policy 'regime change' to rid inflation 'tax' on American people
Warsh pledged Tuesday to "get monetary policy right" and defeat the inflation that has bedeviled the central bank for the past five years.
Current and former employees sue Meta, alleging discrimination in using AI to conduct layoffs
The lawsuit filed by current and former Meta employees underscores rising concerns about AI's impact on jobs and people with disabilities in the workforce.
SK Hynix options begin trading. But another group of stocks is stealing its thunder
One explanation for the lack of notable call-buying is that the surge in single-stock ETFs and leveraged funds stole a big chunk of the speculative limelight.
Johnson & Johnson has a chance to show it's more than just a rotation winner
The healthcare giant's second-quarter earnings will shine the spotlight on its exciting new products and pipeline.
New York becomes first U.S. state to impose AI data center ban
New York became the first state to ban construction of 'hyperscale' AI data centers, for one year, after Gov. Kathy Hochul signed an executive order Tuesday.
Bipartisan group of senators propose Social Security reform process ahead of funding shortfall
Social Security's trust fund that helps pay retirement benefits may run out in about six years. A bipartisan group of senators is calling for earlier reform.
Lucid dismisses report that it is weighing filing for bankruptcy or going private after shares plunge
The report said Lucid was considering options that could include going private or filing for bankruptcy protection.
Zipline adds ex-Tesla, Uber, Waymo execs to make drone delivery mainstream across U.S.
Zipline is growing its drone delivery business in the U.S., and has hired former Tesla, Uber Eats and Waymo executives to help it scale up in new markets.
Oil prices rise as U.S. launches new Iran airstrikes, while Trump abandons Strait of Hormuz fee
Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.
Cybersecurity stocks rally on AI spending change comments from IBM's Krishna
IBM CEO Arvind Krishna told CNBC's Sara Eisen that some major deals were put on hold toward the end of the quarter as businesses rethink spending.
U.S. trade official says 'very few' Nvidia H200 AI chips have been shipped to China
The remark is a sign that H200 shipments to China have restarted, potentially boosting Nvidia's sales even higher.
Supreme Court Justice Barrett says the threat level against judges 'is really high'
Supreme Court Justices Amy Coney Barrett and Elena Kagan are testifying about the high court's budget request, which includes higher spending for security.