Month: June 2025
U.S. stocks are at record highs, but the outlook for the world’s largest economy is no clearer
Traders work at the New York Stock Exchange on June 18, 2025. NYSE U.S. stocks have strongly rebounded after a rough start to the year, even as the outlook for the world’s largest economy and its interest rates remains as uncertain as ever. Economic modeling is “very difficult” right now because “things are changing constantly,” […]
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Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems
Google on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of Technology, which marks the tech giant‘s first commercial commitment to fusion. The company unveiled plans to buy 200 megawatts of clean fusion power from what CFS describes as the world’s first grid-scale fusion […]
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German inflation unexpectedly falls to 2% in June, hitting ECB’s target
Janine Kraft, store manager of the Tante Enso store in Wörlitz, Germany, sorts goods onto the shelves. Picture Alliance | Picture Alliance | Getty Images Germany’s annual inflation rate unexpectedly eased to 2% in June, bringing Europe’s largest economy in line with the European Central Bank’s target, preliminary data from statistics office Destatis showed Monday. […]
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Stocks making the biggest moves premarket: Meta, Moderna, Hewlett Packard Enterprise, Juniper Networks and more
Check out the companies making headlines before the bell: Moderna — Shares rose 2% after the biotech company’s experimental flu vaccine showed a positive response in a late-stage trial, opening the way for the standalone shot and a combination Covid shot. Hewlett Packard Enterprise , Juniper Networks — Shares rallied 14% and 8%, respectively, after […]
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Wall Street strategist Tom Lee is aiming to create the MicroStrategy of Ethereum
Tom Lee Adam Jeffery | CNBC Fundstrat’s Tom Lee is joining a little known bitcoin miner aiming to become the biggest publicly traded holder of ether. Lee, a high-profile market strategist known for his prescient bitcoin price forecasts and stock predictions, has been appointed chairman of the board of directors of BitMine Immersion Technologies, effective […]
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Moderna’s flu vaccine shows positive late-stage trial results, paving way for combination Covid shot
The Moderna Inc. headquarters in Cambridge, Massachusetts, on March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on Monday said its experimental mRNA-based flu vaccine produced a stronger immune response than a currently available shot in a late-stage trial, clearing a path forward for the product and the company’s separate combination flu and […]
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UK autos spared under U.S. tariff cut but steel still in question
Prime Minister Keir Starmer speaks during a visit to a Jaguar Land Rover car factory on April 7, 2025 in Birmingham, United Kingdom. Wpa Pool | Getty Images News | Getty Images LONDON – The U.K.-U.S. trade deal comes into play on Monday, giving a preferential tariff rate to British cars imported to America, while […]
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Treasury yields tick lower as Trump’s spending bill in focus
U.S. Treasury yields moved lower as investors monitored whether the Senate would pass President Donald Trump’s divisive spending bill over the next few hours. At 3:59 a.m. ET, the benchmark yield was 2 basis points lower at 4.257%, and the 30-year yield moved 3 basis points lower to 4.814%. Meanwhile, the 2-year yield was little changed […]
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British pound gains as UK-U.S. trade deal cuts autos, aviation tariffs
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CNBC Daily Open: The S&P 500’s high is a gift from Trump that can be taken away
U.S. President Donald Trump takes part in a press conference on recent Supreme Court rulings in the briefing room at the White House on June 27, 2025, in Washington, DC, U.S. Joe Raedle | Getty Images News | Getty Images Something I rarely, if ever, say: What a wonderful Monday morning! On Friday stateside, the […]
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