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The Latest Breaking News from CNBC

TikTok Shop Bags More Than $100 Million In Black Friday Sales With Potential Ban Ahead

TikTok Shop saw more than $100 million in sales on Black Friday as the social media app's bet on live shopping in the US appears to be paying off.

Benzinga

Talks of Donald Trump Jr. joining the board of a little-known company minutes away from Mar-a-Lago just doubled its stock price

Trump Jr. could reportedly join the board as early as Tuesday.

Fortune

Betting markets also won the election

Supporters say the outcome bolsters the case for election betting in the U.S.

Salon

From analysis to the latest developments in health,
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Student loan payments could rise

It all depends on whether Trump will keep President Biden’s SAVE repayment plan

Salon

The Jets are the NHL’s hottest team. So why can’t they fill their arena?

Winnipeg got off to a record-setting start to the season. But balancing corporate demands and human passion is a tough task

The Guardian - US

Elon Musk raises $6 billion for xAI’s Memphis data center; will purchase 100,000 Nvidia chips to boost Tesla’s full self-driving capabilities

Elon Musk raises $6 billion to buy 100,000 Nvidia chips for xAI’s Memphis data center

TechRadar

Thanksgiving Can Be A Great Time To Discuss Your Parent's Estate Plans, Experts Say

'What I like to do is start with small topics and build up to the bigger topics,' said David Peterson, head of advanced wealth solutions at Fidelity.

International Business Times

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Reddit Targets India, Brazil To Boost Global User Growth, Revenue

Reddit is expanding globally, targeting India and Brazil for growth and ads. With 50% users outside US, there's huge potential for ad revenue.

Benzinga

Jim Cramer Says Bitcoin And Ethereum 'Deserve A Spot In Your Portfolio' As Hedge Against Rising US Debt: 'I've Liked Crypto For A Very Long Time'

Financial analyst Jim Cramer endorsed owning cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) as a safeguard against government overspending and an ever-increasing deficit.

Benzinga

Bitcoin Loses Billions in Value After Infamously 'Cursed' Business TV Host Jim Cramer Calls It a 'Winner'

The "Cramer Curse" endures as the host of CNBC's "Mad Money" calls Bitcoin a "winner" days before its price dropped.

Latin Times

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

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

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Android Central

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.

Reason

Cable News Is Over

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

Salon

SEC Chair Gary Gensler stepping down

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

The Independent UK

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

Get all your
news in one place.

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Salon

FTX co-founder avoids prison time

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

The Guardian - US

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 Independent UK

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

International Business Times

Comcast Offloads Cable Channels Into New Company Called SpinCo

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

What Hi-Fi?

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?

International Business Times

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

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

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’

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