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The Latest Breaking News from CNBC

Top 100 Stocks to Buy: This Hong Kong-based Construction Stock Suggests the Market Is Broken

Twelve stocks entered Barchart’s Top 100 Stocks to Buy on Monday, including Hong Kong-based Wang & Lee Group in 27th position. Up 610% over the past 12 months, it’s the poster child for a broken market.

Barchart

Jim Cramer's Apple Endorsement Sparks 'Inverse Cramer' Backlash As Social Media Users Mock His 'Own It' Advice

Financial analyst Jim Cramer's recent recommendation to "own" Apple Inc. stocks has triggered a widespread investor revolt, with social media users loudly proclaiming their intent to do the opposite.

Benzinga

As Nvidia Maintains Chip Supremacy, Jim Cramer Says Foes Of Semiconductor Giant 'Aren't Really Enemies'

NVIDIA Corp. continues solidifying its dominance in the artificial intelligence semiconductor market, with CNBC's Jim Cramer emphatically declaring that no company can successfully challenge the tech giant's technological supremacy.

Benzinga

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Stocks Rally In Response To Trump's Choice For Next Treasury Secretary

The Dow Jones Industrial Average closed at a record high Monday as investors breathed a sigh of relief over the selection of hedge-fund founder Scott Bessent as treasury secretary.

International Business Times

Consumer Financial Protection Bureau finalizes rule to supervise apps like Google Wallet

Big tech companies ended up creating "critical financial tool," hence why the CFPB wants oversight.

Android Central

Cable News Is Over

What comes next will be more fragmented, more decentralized, and more authentic than the old legacy networks.

Reason

SEC Chair Gary Gensler stepping down

The resignation paves the way for Donald Trump to reshape the SEC into a more favorable regulatory environment

Salon

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What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?

Two television networks with “NBC” in their names — MSNBC and CNBC — will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a year

The Independent UK

FTX co-founder avoids prison time

Wang, co-founder of FTX, was the first person to cooperate after the firm collapsed in 2022.

Salon

Comcast to spin off portfolio of cable networks including MSNBC and CNBC

Telco giant plans to keep NBC, though detangling talent and resources from spun-off networks will prove a challenge

The Guardian - US

Comcast to spin off cable networks, once star performers at the entertainment giant

Comcast is spinning off many of NBCUniversal’s cable television networks, including USA Network, CNBC and MSNBC, into a separate public company

The Independent UK

Comcast Offloads Cable Channels Into New Company Called SpinCo

CNBC and MSNBC are among the channels that will be part of the new company.

International Business Times

Bose and McIntosh Group: why I'm positive about the acquisition

No one yet knows how this particular chapter for McIntosh Group will play out, so might we look at the potential positives?

What Hi-Fi?

Comcast To Unveil Plans For Cable Networks Spin Off On Wednesday: Reports

CNBC, MSNBC and E! are among the affected networks.

International Business Times

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The Independent UK

Walmart warns it will have to raise prices if Trump’s tariffs are enacted

Trump claimed tariffs are the ‘greatest thing ever invented’

Salon

What this Trump crypto deal could signal

The president-elect's flirtation with the crypto community could be getting more serious

International Business Times

Walmart Reports Strong Sales, Expects Continued Growth

Shoppers are 'focused on price and value,' and put off purchases until spotting good deals, Chief Financial Officer John David Rainey said.

Salon

Walmart: Tariffs likely to raise prices

The retailer is the latest company addressing how Trump's proposal could affect consumers

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International Business Times

Tech CEOs In Europe Call For 'Europe-First' Mentality Following Trump's 'US-First' Advocacy

Tech CEOs in Europe have called for a Europe-first mindset in terms of technology following Trump's win.

International Business Times

Major Trump Media Stockholder Unloads Nearly Entire Stake In Truth Social's Parent Company

Miami-based ARC Global Investments II cut its Trump Media share from 5.4% to just 0.01%.

Fortune

In the Mike Tyson vs. Jake Paul fight, their paydays may have been vastly different

Nakisa Bidarian, cofounder of fight promoter Most Valuable Promotions, told CNBC that Tyson and Paul would each be making eight figures.

International Business Times

AMD To Reduce Global Workforce By 4% Amid AI Focus

″As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will unfortunately result in reducing our global workforce by approximately 4%," an AMD representative said in a statement.

Salon

Dogecoin surges as Trump announces DOGE

Elon Musk, a fan of the cryptocurrency, has been named a leader of the "Department of Government Efficiency"

Reason

Elon Musk Spent $118 Million To Elect Trump. What Will He Get in Return?

Will the mercurial tech mogul put his thumb on the scale to help his own companies, or will he push for a broader deregulatory agenda?

International Business Times

Ecosia, Qwant Partner On EU-Centric Search Engine Initiative To Counter Google

Ecosia and Qwant, two European search engines, collaborate to create a privacy-focused search index that promotes digital sovereignty and lessens reliance on Big Tech companies.

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