Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km (820 miles) south of Tehran, April 30, 2019. Morteza Nikoubazl | Nurphoto | Getty Images The escalating war in the Middle East has ratcheted up fears of prolonged disruption to global trade via key maritime corridors like …
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025. Jeenah Moon | Reuters CoreWeave shares fell 8% in extended trading on Thursday after the artificial intelligence-focused cloud infrastructure provider delivered light revenue …
Cava, the fast-casual Mediterranean restaurant chain, reported record-breaking revenue for fiscal year 2025 on Tuesday and forecast sales growth for fiscal year 2026. Shares gained roughly 10% in extended trading Tuesday. “While there are a lot of factors around us that are creating pressures from a margin perspective, our model has allowed us to be …
A stock market sell-off had investors rushing to the relative safety of the bond market Monday morning, causing yields to drop and mortgage rates to follow. The average rate on the popular 30-year fixed mortgage fell to 5.99% on Monday, according to Mortgage News Daily, matching its lowest levels since 2022. Last year at this …
Elon Musk attends the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 22, 2026. Denis Balibouse | Reuters Microsoft on Tuesday announced a collaboration with SpaceX‘s Starlink satellite internet service to expand connectivity across the world. It’s a sign of the software company’s willingness to collaborate with Tesla CEO Elon Musk‘s family of …
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026. Bloomberg | Bloomberg | Getty Images A week after Meta committed to using millions of Nvidia’s processors to power its AI expansion, the social media company …
This aerial view shows a cargo ship sailing out of the Panama Canal on the Pacific side in Panama City on October 6, 2025. Martin Bernetti | Afp | Getty Images Panama annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison in its official gazette Monday, transferring interim operations of the …
Bitcoin’s massive slump from a record price above $126,000 last October has darkened sentiment across the crypto landscape. Faith has been shaken in a trade that was viewed as a digital rival to gold as a store of value, and by some others as a risk-on asset that would continue to boom alongside a crypto-friendly …
On the heels of a massive publicity push, including a Super Bowl 60 ad and a billboard in New York’s Times Square, families have filed about 2 million forms to open Trump accounts, Treasury Secretary Scott Bessent said at an event near Dallas on Friday. “As we approach 2 million forms, that will probably be …
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett’s Berkshire Hathaway trimmed more of its Apple stake and began a new position in The New York Times in the fourth quarter, according to a new securities filing. The Omaha-based conglomerate disclosed that it pared …