Sarah Jenkins

Markets

US strikes Iran for third night as Gulf tanker attacks lift oil

Iranian missiles hit two UAE tankers in the Strait of Hormuz, while oil prices rose and shipping traffic through the waterway slow...

By Sarah Jenkins · 2 months ago

Markets

Chipotle to open first Mexico restaurant in Monterrey area

The U.S. fast-casual chain will debut in San Pedro Garza García under a development agreement with Alsea, with Mexico City planned...

By Sarah Jenkins · 2 months ago

Markets

US bank regulators flag immigration work status in consumer lending

OCC, FDIC and NCUA guidance says borrowers without US work authorization may carry elevated credit risk, while stopping short of n...

By Sarah Jenkins · 2 months ago

Markets

Apple rises after Citi lifts target as chip stocks retreat

Citi raised its Apple target to $365 from $315, while oil and semiconductor weakness weighed on Monday trading, CNBC Investing Clu...

By Sarah Jenkins · 2 months ago

Markets

Netflix options turn bullish ahead of earnings after yearlong slide

Calls outpaced puts before Netflix reports results, even as the stock remains down nearly 20% this year and engagement concerns pe...

By Sarah Jenkins · 2 months ago

Markets

SpaceX shares extend slide after Nasdaq-100 inclusion

SpaceX traded near its $135 IPO price after a second daily decline, CNBC reported, despite recent demand tied to its Nasdaq-100 en...

By Sarah Jenkins · 2 months ago

Markets

Trump urges Senate to advance crypto bill after Graham’s death

The president tied passage of the Clarity Act to the late South Carolina senator as the GOP’s Senate margin narrowed to 52-47.

By Sarah Jenkins · 2 months ago

Markets

Chip selloff weighs on US futures as oil rises after US-Iran strikes

S&P 500 and Nasdaq futures pointed lower Monday, while WTI crude climbed more than 3% after weekend strikes involving the United S...

By Sarah Jenkins · 2 months ago

Markets

Kalshi opens Pro terminal for active prediction-market traders

The beta platform adds order-book tools, public trade feeds and utilities for users trading Kalshi’s perpetual futures product.

By Sarah Jenkins · 2 months ago

Markets

SK Hynix falls in Seoul after strong Nasdaq opening

The memory-chip maker dropped more than 10% in Seoul after its U.S. debut, as analysts cited profit-taking, valuation gaps and AI...

By Sarah Jenkins · 2 months ago

Markets

TSMC June revenue jumps 67.9% before quarterly results

The Taiwanese foundry posted NT$442.68 billion in June sales as AI-related chip demand continued to support growth.

By Sarah Jenkins · 2 months ago

Markets

Meta raises Louisiana AI data center plan to more than $50 billion

Meta said its Hyperion site in Richland Parish will become a 5GW facility, supported by Louisiana tax incentives and local infrast...

By Sarah Jenkins · 2 months ago