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The Latest Breaking News from CNBC

Meta's Stock Jumped After Announcing a New Business Venture. But Analysts Warn There Is a Caveat

Analysts are warning that Meta's new venture into cloud infrastructure could provide smaller margins than its lucrative ad business.

International Business Times

‘Something has gone completely wrong’: Palantir CEO Alex Karp slams OpenAI, says AI industry is "effing insane"

Palantir CEO Alex Karp hits out at Anthropic and OpenAI in heated interview.

TechRadar

Palantir CEO slams OpenAI, Anthropic's token model

Palantir CEO Alex Karp has slammed the token-based pricing of AI giants like OpenAI and Anthropic, arguing businesses are wasting money without clear returns. Karp said companies are now moving away from simply buying more tokens and are instead focussing on whether their AI spending delivers a clear return on…

The Economic Times

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Jim Cramer Calls TJX 'a Buy' as an 'Inventory Play,' Says Walmart Seems 'Cheap'

CNBC’s Jim Cramer has flagged TJX Companies Inc. (NYSE:TJX) as "a buy" due to its strong position as an "inventory play," while simultaneously noting that retail giant Walmart Inc. (NASDAQ:WMT) "seems cheap" following a recent stock dip.

Benzinga

Dow Jones hits record intraday high before closing lower, S&P 500 and Nasdaq fall - here’s why US stock market started July in red

US stock market today July 1: US markets experienced a mixed trading day as the Dow Jones briefly hit a new intraday record before retreating. Profit-taking in semiconductor stocks led to a decline in the Nasdaq. This comes after a strong first half for US equities, with investors continuing a…

The Economic Times

Companies Cut Jobs for AI Efficiency Gains. Many Are Now Bringing Them Back.

Surveys show a rising number of employers are rehiring staff after discovering AI systems still require human oversight and intervention.

International Business Times

Tech Led The Market Again, But America's Biggest Companies Weren't The Biggest Winners.

Technology stocks remained among the strongest performers during the first six months of 2026, but the biggest gains came from companies outside the United States.

International Business Times

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Fed Chair Kevin Warsh Refused To Say What The Fed Will Do In Its Next Meeting, But Did Provide a Key Hint.

Federal Reserve Chairman Kevin Warsh declined to give guidance about the central bank's next decision on interest rates but did say inflation is running too high.

International Business Times

UK Energy Bills Rise 13% From Today as Experts Urge a Mid-Year Money Check

UK energy bills rise 13% from 1 July as Ofgem lifts the price cap. Advisers explain how to run a mid-year money check as inflation persists.

International Business Times UK

Hillary Clinton Escalates Trump Criticism, Cites Reports Linking Stock Purchases to Federal ICE Contract Decisions: 'Unprecedented Corruption'

Former Secretary of State Hillary Clinton escalated her criticism of President Donald Trump on social media, citing news reports that raise questions about potential conflicts of interest tied to stock trades and government contracts.

Benzinga

S&P 500, Dow Jones and Nasdaq close the first half of 2026 higher as chip stocks lead Wall Street: Here's why the US stock market ended June strong

S&P 500, Dow Jones and Nasdaq today June 30: US markets concluded the first half of 2026 on a high note, with the S&P 500, Dow Jones, and Nasdaq all posting gains. Semiconductor stocks, led by Nvidia and AMD, fueled the rally, with the VanEck Semiconductor ETF seeing an impressive…

The Economic Times

The Dow Jones Closed Out Its Best First Half In Five Years. Here's What Analysts Say Could Come Next.

Stocks climbed again on Tuesday, closing out a positive first half of the year for all major indexes.

International Business Times

The AI Boom Is Helping Power The U.S. Economy. But Cleveland's Fed President Says It Could Also Fuel Inflation.

Cleveland Fed President Beth Hammack said that "insatiable" demand of AI infrastructure is fueling inflation.

International Business Times

Bank of England boss insists it is ‘not complacent’ about tackling UK inflation

Mr Bailey said he was ‘not happy’ that the rate of Consumer Prices Index (CPI) inflation was above the Bank’s 2% target.

Evening Standard

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International Business Times

Ripple Moves $16 Trillion a Year. Is XRP Price Really Going 100x?

Ripple CEO Brad Garlinghouse dropped a figure on CNBC that XRP holders have been screenshotting all week

The National (Scotland)

Andy Burnham 'doesn’t know what he means' with Scottish devolution plan, SNP warn

A Scottish minister has said Andy Burnham “doesn’t know what he means” with his stated plans to reshape Scottish devolution – and added “I…

International Business Times

History Says the Nasdaq Dominates the Summer. Another Trend Says Beware.

Bank of America listed its best seasonal trades for the third quarter of the year in a new note.

International Business Times

Small-Cap Index Russell 2000 Headed For Best First Half In More Than 30 Years

Small-cap stocks headed for best first half of the year in decades, fueled by the AI boom.

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International Business Times

European Inflation Will Likely Remain 'Significantly' Above Target Due To The 'Energy Price Shock,' ECB Official Warns

Joachim Nagel, the president of Germany's central bank, said inflation is at risk of staying above target despite the ceasefire between the U.S. and Iran.

International Business Times

Lingering Supply Risks Could Push Crude Higher Again Despite U.S.-Iran Ceasefire, Analysts Warn

Energy analysts are warning that the market may be underestimating the lingering risks of the Iran war to global oil supplies.

International Business Times

Alphabet Makes Debut As Dow Jones Index Member, Pushing It To a New Record

The broader S&P 500 climbed 1.18% to close at 7,440.43, while the tech-heavy Nasdaq Composite outperformed with a 2.07% gain, ending the session at 25,820.14.

International Business Times

Goldman Sachs Advises Investors To Stay With Asia's Market Winners And Add Commodities To Their Portfolios

Goldman Sachs advised lobal investors to move toward Asian equities and commodities as earnings momentum, geopolitical risk and infrastructure demand reshape asset allocation trends.

International Business Times

Trump Trust Bought Stock In Taser Company Two Weeks Before ICE Said It was Shopping For Tasers

Two weeks before ICE posted a notice that it planned to buy $220 million worth of tasers, President Trump's trust managers made a major stock purchase in a company that provides the weapon.

The Economic Times

Dow Jones hits record above 52,000 as Alphabet debuts in index, S&P 500 climbs and Nasdaq jumps over 2% as tech stocks lead Wall Street rally - here's how US stock market performed today (June 29)

S&P 500, Dow Jones and Nasdaq today June 29: The US stock market started the shortened trading week with solid gains as the Dow Jones closed above 52,000 for the first time. The S&P 500 and Nasdaq also advanced, supported by strong technology stocks led by Alphabet and semiconductor companies.

Barchart

Anthropic Accuses Alibaba of Massive AI Data Distillation Attack. How to Play BABA Stock Here.

Anthropic has accused Alibaba of a huge AI distillation attack using 25,000 fake accounts. Here is what it means for BABA stock.

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