Month: October 2025
S&P 500 closes above 6,700 for first time as traders bet on short-lived shutdown
Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE The S&P 500 closed at a record high on Wednesday as traders were hopeful that a U.S. federal government shutdown would be brief and possibly have little impact on the economy. The broad market index gained 0.34% to close at 6,711.20. Earlier, […]
Read More
Hundreds of migrants mount protest in southern Mexico in bid to legalize status
Migrants walk in a caravan during U.S. Presidential election day, in an attempt to reach Mexico’s northern border, in Tapachula, Mexico November 5, 2024. Daniel Becerril | Reuters A group of about 1,200 migrants set out walking before dawn in southern Mexico on Wednesday aiming for the capital where they hoped to legalize their immigration status and find more […]
Read More
Santoli’s Wednesday market wrap-up: Mixed but resilient tape pushes stocks to new highs
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) A new quarter but the same old routine in the markets: A mixed but resilient tape pushing the benchmark index to new highs through persistent momentum in core AI plays, retail-trader favorites and […]
Read More
NASA employees on Artemis missions with SpaceX, Blue Origin to work through shutdown
U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images NASA is requiring employees involved in Artemis missions with contractors SpaceX and […]
Read More
Alabama man files lawsuit against immigration authorities after citizen’s repeat arrests in raids
U.S. Immigration and Customs Enforcement officers carry out a raid as part of Operation Cross Check in Sherman, Texas, on June 20, 2019. Charles Reed | U.S. Immigration and Customs Enforcement | Reuters An Alabama construction worker and U.S. citizen who says he was detained twice by immigration agents within just a few weeks has […]
Read More
Google cuts more than 100 design-related roles in cloud unit
Thomas Kurian, CEO of Google Cloud, speaks at a cloud computing conference held by the company in 2019. Michael Short | Bloomberg | Getty Images Google has laid off more than 100 employees in design-related roles, CNBC has learned. Earlier this week, the company laid off employees within the cloud unit’s “quantitative user experience research” […]
Read More
Intel stock pops on news company is in early talks to add AMD as a customer
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel is in early talks with AMD to manufacture chips for it in its foundry business, according to a report from Semafor. Intel shares rose as much as 6% on the […]
Read More
Amazon launches ‘price-conscious’ grocery brand with most products under $5
Amazon on Wednesday expanded its private-label grocery lineup with the launch of a new brand aimed at “price-conscious” shoppers, with most products priced under $5. The brand is called Amazon Grocery and includes more than 1,000 items, ranging from dairy, fresh produce, meat and seafood to snacks and baking essentials, the company said in a […]
Read More
Stocks making the biggest moves midday: Pfizer, Nike, Conagra, Corteva, GEO Group, Tesla, Reddit and more
Check out the companies making the biggest moves midday: Drug stocks — Shares of drugmakers rallied a second day as investors bet the industry will strike more deals with the Trump administration. On Tuesday, Pfizer received a three-year exemption to tariffs in exchange for investing in domestic manufacturing and discounting drug prices for Medicaid patients. Pfizer […]
Read More
Leon Cooperman says we’ve reached the stage of the bull market that Warren Buffett warned about
Longtime investor Leon Cooperman believes we are in the late innings of a bull market where bubbles can form and risks rise, a stage of the cycle that Warren Buffett had warned about. The chair and CEO of the Omega Family Office read a quote from the “Oracle of Omaha” on CNBC’s “Money Movers” Wednesday, […]
Read More