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The Latest Breaking News from CNBC

Opendoor Chairman Declares War on Remote Work and DEI — Threatens to Fire Over 1,000 Employees

Keith Rabois, Opendoor's chairman, declared war on remote work and DEI, vowing to cut up to 85% of the staff. His return, alongside new CEO Kaz Nejatian, followed a campaign to oust the former chief executive.

International Business Times UK

Swatch To Raise US Watch Prices By Up To 15%, Unveils Satirical 'WHAT IF...TARIFFS?' After Trump's 39% Tariffs On Swiss Imports

In response to the 39% tariff imposed by President Donald Trump on Swiss imports, Swatch Group (OTC:SWGAY) has announced a price increase of 5% to 15% for its products in the United States.

Benzinga

Jim Cramer: Ring The Register On This Real Estate 'Meme' Stock

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended ringing the register on Opendoor Technologies Inc. (NASDAQ:OPEN). “We don't want to be in a meme stock,” he added.

Benzinga

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NRG Energy, CME Group, Bitmine Immersion Technologies And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Rob Sechan, CEO of NewEdge Wealth, picked NRG Energy, Inc. (NYSE:NRG) as his final trade.

Benzinga

Alibaba's $100M Investment Fuels X Square Robot's Push For Embodied AI, Global Sales, And Next-Gen Humanoids

X Square Robot, a Shenzhen-based humanoid startup, secured approximately $100 million in funding led by Alibaba Group Holding (NYSE:BABA) through Alibaba Cloud in a deal that strengthens the company's expansion in the robotics market.

Benzinga

If You Invested $1,000 in Oracle Stock in 2000, How Much Would It Be Worth 25 Years Later?

Oracle recently surged amid AI cloud demand. See what a $1,000 investment in made in 2000 would be worth today amid its significant stock price increase.

GOBankingRates

The Fed 'desperately' wants to avoid a recession because it doesn't want to get blamed and put its independence at risk, top economist says

"Obviously nobody wants a recession. But also in the context of Fed independence, they really don't want to get blamed for going into a downturn because that would impair their ability."

Fortune

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Opendoor (OPEN) Stock Is Sliding Friday: What's Going On?

Opendoor Technologies Inc (NASDAQ:OPEN) shares are trading lower Friday, giving back some of the significant gains seen earlier in the week. Shares are pulling back Friday after co-founder Keith Rabois made comments on CNBC, stating the company is “completely bloated.” The remarks, in which he also clarified Opendoor is not…

Benzinga

Jimmy Dunne Opens Up On PGA Tour Resignation And Casts Doubt Over PIF Deal

The former PGA Tour Policy Board member discussed his exit from the Tour and gave his verdict on if the PGA Tour and LIV Golf should still come together

Golf Monthly

Jim Cramer Says Johnson & Johnson Stock Could Power Through $200 Next

Despite ongoing legal battles related to its talc products, Johnson Johnson (NYSE:JNJ) stock has climbed over 23% year-to-date.

Benzinga

Jim Cramer Recommends Buying This Industrial Stock, Calling It 'Way Too Cheap'

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Canadian National Railway Company (NYSE:CNI), saying it's “way too cheap.”

Benzinga

Tesla, Delta Air, Teck Resources And A Financial Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said Rocket Companies, Inc. (NYSE:RKT) looks great and he is staying long on this stock. The stock has officially broken out, he added.

Benzinga

Microsoft, CRH And An Energy Stock On CNBC's 'Final Trades'

Investors are increasingly tuning into market experts for guidance amid a volatile economic landscape. Strategic picks from seasoned analysts can offer valuable insights into potential opportunities and risks.

Benzinga

Jim Cramer: This Is The Right Time To Buy This Energy Stock

On CNBC's “Mad Money Lightning Round,” Jim Cramer said this is the right time to buy Phillips 66 (NYSE:PSX).

Benzinga

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Benzinga

DeepL Launches $2 Billion AI Agent To Rival OpenAI And Microsoft, Promising To Automate Repetitive Business Tasks Worldwide

DeepL, a German translation startup valued at $2 billion, just fired a shot across the bow of artificial intelligence giants OpenAI, Microsoft (NASDAQ:MSFT), and Anthropic. The company launched DeepL Agent on Sept. 3, marking a move beyond translation services into the rapidly expanding enterprise AI market.

Fortune

Jamie Dimon says economy is 'weakening' but even he can't make sense of all the different data: 'Maybe, one day, AI will fix that problem'

The economy produced nearly a million less jobs than first thought. "Whether that is on the way to recession or just weakening, I don’t know," Dimon told CNBC.

Benzinga

Cramer Flags Oracle Rally As 'Strange,' Says Nvidia And AMD Aren't Getting Any Love

Oracle Corp. (NYSE:ORCL) may be one of Wall Street's hottest AI bets, but CNBC's Jim Cramer says something isn't adding up. Despite Oracle's stock strength, chipmakers that would logically benefit from the company's data center growth, like Nvidia Corp. (NASDAQ:NVDA) and Advanced Micro Devices Inc. (NASDAQ:AMD), are barely moving.

InsideEVs

‘Fundamentally Wrong’: The Growing Controversy Over Europe’s Gas-Car Ban, Explained

Europe's automakers unveiled a big electric push at IAA Munich. Behind the scenes, many are fighting to save gas and diesel engines ahead of a 2035 EU ban.

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Benzinga

Lennar, Rocket Companies And More: CNBC's 'Final Trades'

Global economic shifts are influencing investment strategies as market leaders navigate sectors with potential growth and resilience. With China’s consumer market showing signs of recovery and housing demand maintaining investor interest, financial experts are making strategic picks in response to these evolving trends.

Benzinga

Alphabet, KKR, TKO Group And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, said the economy is slowing, not stalling. It's a great time to pick up KKR Co Inc. (NYSE:KRR) and if they execute, they’ll grow earnings and revenue at 30% next year, she added.

Benzinga

Jim Cramer Urges Caution On Intel Rally, Says IBM Offers More Than D-Wave

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Elbit Systems Ltd. (NASDAQ:ESLT) is very good and he likes the stock. “The stock is just a straight up stock,” he added.

Benzinga

Citigroup, Home Depot, Rocket Companies And A Tech Stock On CNBC's 'Final Trades'

Could the latest reshuffle in the SP 100 signal a seismic shift in market dynamics? With Uber stepping into the spotlight, and unexpected moves from industry giants like Home Depot and Citigroup, investors might need to rethink their strategies.

Benzinga

Palantir Co-Founder Joe Lonsdale Says 'Very Weird' That Trump White House Took 10% Intel Stake, Calls It 'Cronyism In Some Form'

Palantir Technologies Inc. (NASDAQ:PLTR) co-founder Joe Lonsdale said he is "uncomfortable" with the federal government taking an equity stake in Intel Corp. (NASDAQ:INTC), calling the move unusual and a form of favoritism.

Bored Panda

Person Told They’re Replaceable Gets Fired, Company Realizes They’re Not That Easy To Replace

When will companies learn that laying off workers can backfire?

The Independent UK

Warren Buffett offers rare comment on one of his few investment blunders

In 2019, Warren Buffett told CNBC that he thought he ‘overpaid’ for Kraft

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