The Latest Breaking News from CNBC

High Possibility Of Recession If Oil Prices Continue To Surge: CNBC

Analysts have cautioned that the U.S.

Benzinga · Mar 9, 2022

Want To DJ Your Own Live Radio Show? Amazon Launched An App For It

Amazon.com Inc (NASDAQ:AMZN) showcased Amp, a new app that lets users DJ their radio shows. Users can access a music catalog including “tens of millions” of songs from Universal Music Group NV (OTC: UMGNF), Sony Group Corp’s (NYSE:SONY) Sony Music Entertainment, Warner Music Group Corp (NASDAQ:WMG), and independent labels. Amp allows users to launch their live show, where callers can…

Benzinga · Mar 8, 2022

CNBC's Final Trades: Cash, ChargePoint Holdings, CVS Health And More

On CNBC’s “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners chose cash, saying “not buying anything here.” The US dollar index (DXY) has gained more than 3% year to date.

Benzinga · Mar 8, 2022

Jim Cramer Shares His Thoughts On Canada Goose, Rio Tinto And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Canada Goose Holdings Inc. (NYSE: GOOS) still sells at a too high multiple. "We’re going to go elsewhere," he commented.

Benzinga · Mar 4, 2022

CNBC's Final Trades: SoFi Technologies, Foot Locker, FedEx And This Mining Stock

On CNBC’s “Halftime Report Final Trades,” Josh Brown of Ritholtz Wealth Management said that SoFi Technologies Inc’s (NASDAQ: SOFI) stock is likely to fall below $10.

Benzinga · Mar 4, 2022

Lawmakers Question Apple, FBI Over NSO Group Spyware

Two Republican lawmakers are pressing Apple Inc (NASDAQ:AAPL) and the FBI to provide information about spyware made by the Israeli company NSO Group, CNBC reports based on letters. The lawmakers sought details about Apple's ability to detect when the NSO Group tools targeted the iPhone, including the number of attacks detected and place and…

Benzinga · Mar 3, 2022

Why Jim Cramer Recommends Buying Norwegian Cruise Line

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is "one of the worst performers in the market," which has one of the best CEOs. With everything starting to open globally, he recommends buying the stock.

Benzinga · Mar 3, 2022

Tesla, Elon Musk Face Trial Over CEO's 2018 Pay Package Worth $2.5B

Electric carmaker Tesla Inc (NASDAQ: TSLA) and CEO Elon Musk are facing a trial over the latter's 2018 pay package that was at the time worth $2.5 billion, CNBC 

Benzinga · Mar 3, 2022

Apollo Looks To Merge Yahoo Sports With Betting Companies

Apollo Global Management Inc (NYSE:APO) is discussing with sports betting companies to merge their assets with Yahoo Sports, CNBC reports. Apollo acquired Yahoo from Verizon Communications Inc (NYSE:VZ) for $5 billion in 2021. Yahoo has spoken with is Australia-based Pointsbet Holdings Ltd (OTC:PBTHF), which has a market valuation of about $760 million. Apollo and Yahoo are considering merging…

Benzinga · Mar 2, 2022

CNBC's Final Trades: iShares Silver Trust, BHP Group, Grayscale Bitcoin Trust And This Coffee Chain

On CNBC’s “Halftime Report Final Trades,” Jon Najarian said he had seen “some strong activity” in iShares Silver Trust (NYSE: SLV).

Benzinga · Mar 2, 2022