How the 'Baby iPhone' and an Apple supplier leak explain China's recent supply chain moves
In China's biggest electronics marketplace, Huaqiangbei, technicians don't have the parts to make exact copies of Apple's latest phones.
Pinterest shares fall on lukewarm sales guidance
Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.
Jim Cramer says one hedge fund's collapse cleared the way for tech's rally
CNBC's Jim Cramer said the collapse of AI-focused hedge fund Situational Awareness removed a major source of forced selling.
'I feel like I dug my own grave': The workers caught in the AI transition
AI is reshaping the Philippines' outsourcing industry, raising questions over the future of the industry.
AMD's revenue climbs 50% and data center sales doubled, but the stock is down
AMD's data center unit is driving the company's growth, up 107% over last year.
Sen. Susan Collins will oppose Blanche, a critical blow for Trump's AG pick
Attorney General nominee Todd Blanche needs at least 50 votes on the Senate floor to be confirmed after clearing the Senate Judiciary Committee.
Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'
"I continue to believe it is possible we are near a major top, and possible a 1987-type fall," Burry said in a Tuesday Substack post.
Paramount Skydance raises full-year profit guidance, remains 'confident' about WBD merger
Paramount Skydance reported second-quarter earnings after the bell and said it continues to prepare for its proposed merger with Warner Bros. Discover...
The stock market soars. 5 reasons behind the big surge Tuesday
The Dow had its best day in nearly two months and the S&P 500 rose to new highs.
McDonald's says its U.S. business is falling short as it announces new head of its largest market
McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
Wayfair stock jumps 30% as retailer posts strongest U.S. growth since 2020
Wayfair, a pandemic darling that's seen sales slow since lockdown orders were lifted, posted its strongest U.S. growth since 2020 during its second qu...
Chipotle stock falls on potential link to salmonella outbreak in Minnesota
Chipotle has pulled the affected supply from restaurants and replaced them with peppers from different growers, according to the company.
Lucid misses second-quarter expectations as EV maker conducts 'operational reset'
The company didn't provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations.
Palantir stock skyrockets 29%, narrowly missing its best day ever after 'otherworldly' results
"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter ...
Paramount chief executive David Ellison breaks silence on Warner Bros mega merger
The chief executive of Paramount-Skydance says criticism of $110bn (GBP82m) merger with Warner Bros. relies on outdated Hollywood model.
TikTok users are sharing the items they say are always worth the money-here's what financial planners say
Financial planners weigh in on a recent trend on TikTok that has users sharing the items they swear are always worth the money.
Oil prices tumble after Bessent says Strait of Hormuz deal may come this week
Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz would allow freedom of navigation.
An overlooked player in data center buildout delivers once again
Not only did results outpace expectations on both the top and bottom lines, but we also got a boost to full-year guidance.
Palantir jumps 30% on 'otherworldly' commercial revenue - here's what's driving the demand
"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter ...
Bessent says U.S. backed Japan's yen intervention to help stabilize Asia
Treasury Secretary Scott Bessent said the U.S. bought yen alongside Japan to curb currency volatility and reduce risks to Asian markets.