Apple touches $5 trillion market cap as AI spending debate shifts
Apple briefly reached a $5 trillion valuation, overtaking Nvidia as investors reassessed AI capital spending across megacap tech.
By Amanda Ross 3 weeks agoSection
Markets
CFTC sports prediction markets rule opposed by 44 state attorneys general
A 44-state coalition told the CFTC it lacks authority over sports event contracts as federal and state regulators contest oversigh...
By Amanda Ross 3 weeks ago
Russia sanctions Senate vote advances with Iran measures attached
Senators reached a bipartisan deal to pair Russia oil sanctions with Iran measures, clearing the way for an initial vote Tuesday n...
By Sarah Jenkins 3 weeks ago
Mitch McConnell health questions draw resignation call from Beshear
Kentucky Gov. Andy Beshear asked Sen. Mitch McConnell to prove he can serve, as his absence narrows the GOP’s Senate vote margin.
By Sarah Jenkins 3 weeks ago
Boeing stock upgrade follows stronger cash flow in second quarter
CNBC’s Investing Club raised Boeing to a buy-equivalent rating after second-quarter free cash flow beat expectations.
By Sarah Jenkins 3 weeks ago
Strategic Petroleum Reserve drawdown strains aging U.S. oil backup
U.S. crude reserves have hit their lowest level since 1983 as recent releases test aging emergency oil infrastructure.
By Marcus V. Thorne 3 weeks ago
Ford q2 earnings are due as analysts watch truck output and costs
Analysts expect Ford to report lower automotive revenue and adjusted EPS, with attention on F-Series supply and 2026 guidance.
By Sarah Jenkins 3 weeks ago
Jim Cramer stock picks favor Intel and Boeing as AI infrastructure slides
CNBC's Jim Cramer said he would keep buying Intel and still sees upside in Boeing, while urging caution on Corning and GE Vernova.
By Amanda Ross 3 weeks ago
EBay harassment settlement requires nearly $56 million in payments
EBay and former executives will pay Ina and David Steiner to resolve a civil case tied to a 2019 cyberstalking campaign.
By Amanda Ross 3 weeks ago
Shein FTC investigation disclosed ahead of Hong Kong IPO
Shein said its U.S. business is under FTC investigation, adding a regulatory risk as the fast-fashion group pursues a Hong Kong li...
By Amanda Ross 3 weeks ago
Visa layoffs 2026: Payments group to cut about 2,600 jobs
Visa plans to eliminate roughly 7% of its workforce as AI changes work and the company shifts investment toward growth areas.
By Amanda Ross 3 weeks ago
Trump new tariffs draw legal scrutiny after Supreme Court loss
Trump said new tariffs achieve the same result as duties struck down by the Supreme Court, sharpening a lawsuit over his trade pow...
By Sarah Jenkins 3 weeks ago