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The Latest Breaking News from CNBC

Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities: CNBC

American Airlines Group Inc (NASDAQ:AAL) plans to discontinue service to four U.S. cities from September. The cities will lose scheduled commercial air service entirely, reported CNBC. AAL blamed the service restrictions on a regional pilot shortage. The report further noted American Airlines, United Airlines Holdings Inc (NASDAQ:UAL), and Delta Air Lines, Inc (NYSE:DAL) have reduced service…

Benzinga

Hedge Fund Manager Taunts Apes With AMC Short Position: 'I Dare All The Meme Stock Maniacs To Try To Hurt Us'

The AMC Entertainment Holdings Inc (NYSE: AMC) apes must be pounding their chests after AQR Capital Management's Cliff Asness called them out on Wednesday.

Benzinga

AMD, Nvidia Bulls See Opportunity In The Chip Space After Morgan Stanley Goes Overweight: 'The Valuation Is Really Compelling'

Advanced Micro Devices Inc (NASDAQ: AMD) was featured as the call of the day Wednesday on CNBC's "Fast Money Halftime Report."

Benzinga

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'That's As Cheap As It's Traded In A Long Time': Why This Investor Trimmed Alphabet To Buy Amazon Stock

Farr, Miller & Washington's Michael Farr is shaking up his exposure to mega-cap tech.

Benzinga

Jim Cramer Shares His Takes On Marathon Oil, T Rowe Price Group And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Marathon Oil Corp (NYSE: MRO) because he likes the oils. But he recommended not getting greedy.

Benzinga

CNBC's Final Trades: Union Pacific, Snap, Archer-Daniels-Midland And This Way To Gain Energy Exposure

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said she liked the rails, particularly Union Pacific Corporation (NYSE: UNP).

Benzinga

Benzinga Before The Bell: Executive Shakeup At Amazon, Boeing Supply Chain Warning, Apple's Tim Cook Says 'Stay Tuned' On AR/MR And Other Top Financial Stories Wednesday, June 22

CNBC Moderna To establish New Vaccine Facility In Britain

Benzinga

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Moderna To establish New Vaccine Facility In Britain

Moderna Inc (NASDAQ:MRNA) announced an agreement with the United Kingdom government to establish an mRNA Innovation and Technology Center in the U.K. Additionally, Moderna plans to expand its presence in the U.K. through investments in R&D activities. Moderna is collaborating with the National Institute for Health Research on a Phase 3 study…

Benzinga

Amazon Lost 2 Key Black Executives This Week: What You Need To Know

Amazon.com, Inc (NASDAQ: AMZN) has reportedly lost two key Black executives, including one on its core team.

Benzinga

Hot Stocks: 11 Tickers Moved By Traders on 'Fast Money Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

Jim Cramer Likes This "Boring" Stock

Jim Cramer, the host of CNBC’s “Mad Money,” affirmed a positive outlook on Assurant (AIZ) stock due to low volatility and solid fundamentals. Given the fluctuating market trends, investing in a stable stock like AIZ could be rewarding. Read on.

StockNews.com

Jim Cramer Says This Is A Terrific Stock

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Rapid7, Inc. (NASDAQ: RPD) doesn’t make money, so he will not go for it.

Benzinga

U.S. tax burden may lead some Americans abroad to give up citizenship

According to a survery, a majority want to see citizenship-based taxation repealed, and one in five want to see the tax filing process simplified.

Axios

TikTok President Reasons Why Copying The Former Will Not Be Conducive For Facebook

TikTok's President of Global Business Solutions and former Meta Platforms, Inc (NASDAQ:META) Facebook veteran Blake Chandlee in a CNBC interview, shared how TikTok massively differed from Facebook. ByteDance Ltd-owned TikTok did not look to mimic Facebook. In contrast, Facebook struggled to win users by restructuring its Facebook and Instagram apps to emulate TikTok's popular short video format.…

Benzinga

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Benzinga

Jim Cramer Recommends Buying This Stock

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Terran Orbital Corp (NASDAQ: LLAP) is one of those "newer companies that doesn’t have any earnings."

Benzinga

CNBC's Final Trades: JPMorgan Chase, United States Steel And Stocks To Own During An Economic Slowdown

On CNBC’s “Halftime Report Final Trades,” Josh Brown of Ritholtz Wealth Management chose JPMorgan Chase & Co (NYSE: JPM).

Axios

European Union's executive arm endorses Ukraine for candidate status

Leaders of the EU will discuss the recommendations at a summit in Brussels next week.

Benzinga

9 Stocks That Moved After 'Fast Money Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors. The commentary delivered by hosts of the show often moves the stocks mentioned.

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news in one place.

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Reason

Bitcoin Crashes to $21,000, Coinbase Lays Off 18 Percent of Work Force

Is crypto winter here?

Benzinga

Traders Brace For Downside To Energy Stocks

On CNBC's "Options Action," Tony Zhang said that the some of the energy stocks are “becoming a way to play a leverage view on crude.

Benzinga

CNBC's Final Trades: Ethereum, Charles Schwab, Clean Energy, Boeing And This Biotech Stock

On CNBC’s “Halftime Report Final Trades,” Kevin O'Leary, known as "Mr.

Benzinga

Jim Cramer Says This Company Is A Great One

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Woodside Energy Group Ltd (NYSE: WDS) is a great company, with a great yield.

Benzinga

Spotify Slows Down On Hiring Amid Macro Uncertainties

Spotify Technology S.A. (NYSE:SPOT) slowed hiring by 25%, CNBC reports based on a companywide email from CEO Daniel Ek. However, he added the company would “continue to still hire and grow, we are just going to slow that pace and be a bit more prudent with the absolute level of new hires over…

Benzinga

Tesla Accounted For 70% Of 400 Self-Driving Car Crashes Since Last June: Report

Tesla Inc (NASDAQ: TSLA) electric vehicles accounted for nearly 70% of reported crashes involving advanced driver-assist systems since last June, CNBC

Benzinga

Billionaire Jeffrey Gundlach Correctly Predicted Bitcoin Would Retreat To $20K: Here's His Next Call

This article was originally published on June 15, 2022. Bitcoin (CRYPTO: BTC) has fallen more than 50% since the start of the year and one investor says he wouldn't be surprised to see it cut in half again.

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