News from the economy, politics and the financial markets
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Latest news
Uber stock sinks 7% after weak guidance despite revenue growth
Uber's earnings were in line with estimates, but the company's guidance for the third quarter trailed expectations.
SpaceX gives Nvidia a much-needed boost. Plus, Cramer on an 'undervalued' stock
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Warren presses Lutnick over UAE access to sensitive U.S. tech after Trump crypto investment
Sen. Elizabeth Warren asked Howard Lutnick to explain eased UAE export controls after UAE-linked entities invested in the Trump family’s crypto venture.
We're adding to our position in a chipmaker as the AI trade regains its footing
The stock is still well below levels it traded at last month after earnings.
SpaceX's spending surge, the S&P 500's new record, Chipotle's salmonella scare and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
Saudi wealth fund and Jared Kushner's Affinity finalize $55 billion EA Sports deal
EA said its stock has ceased trading and will be delisted from the Nasdaq. Its shareholders will receive $210 in cash per share.
Anthropic's Mythos created fake identities to fool humans in new cyber incident
It's the latest cybersecurity incident involving frontier models developed by Anthropic and OpenAI.
SpaceX dives over 8% after AI spending surge rattles investors
CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.
SoftBank jumps 13% as Asia tech stocks track Wall Street AI rally
Asian technology stocks rallied on Wednesday after Wall Street's record-setting session fueled optimism around artificial intelligence and growth stocks.
The Stoxx 600 just hit a record high – here's what's driving the pan-European index
Europe's headline index is up 10% in 2026 so far, but below the surface, the sectoral picture is far more nuanced.
SpaceX's AI spending unnerves Wall Street despite promises of quick payoff
In addressing Wall Street for the first time since SpaceX's IPO, executives tried to make the case that hefty AI investments are paying off within a year.
AMD's revenue climbs 50% and data center sales doubled, but the stock is down
AMD's Data Center unit is driving the company's growth, up 107% over last year.
SpaceX stock drops after first earnings report as AI costs soar: Live updates
Follow SpaceX’s Q2 2026 earnings live, with updates on revenue, Starlink, AI spending, Starship, guidance and SPCX stock.
Pinterest shares fall on lukewarm sales guidance
Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.
New Jersey sues Amazon on antitrust grounds, alleging it unlawfully wielded its power over delivery contractors
The complaint alleges Amazon's third-party delivery model leads to lower wages, unfair working conditions and a lack of competition.
How the 'Baby iPhone' and an Apple supplier leak explain China's recent supply chain moves
In China's biggest electronics marketplace, Huaqiangbei, technicians don't have the parts to make exact copies of Apple's latest phones.
Jim Cramer weighs the next move after massive rallies in two tech stocks
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Palantir earnings, McDonald's new U.S. head, tiny 'cars' and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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.
Jim Cramer says Wall Street's latest trading trend is creating buying opportunities
CNBC's Jim Cramer said stocks are increasingly moving as part of thematic trading baskets rather than on company-specific fundamentals.
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