Month: April 2026
Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil major Shell on Monday said it agreed a deal to buy Canadian energy company ARC Resources in an output-boosting deal valued at $16.4 billion. The transaction will add roughly 370,000 […]
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The energy crisis will boost nuclear power, the IEA told CNBC. Here’s how investors can benefit
The nuclear power theme can be accessed in several ways: mining and refining stocks, as well as through the spot uranium price via ETFs and holding companies. Source
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WHCD shooting, DOJ ends Powell probe, Musk vs. Altman and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. We have a big week ahead of us: In addition to earnings reports from key automakers and five of the “Magnificent Seven,” the Federal Reserve will make its next monetary policy decision and the trial between Elon Musk and Sam […]
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This bank CEO let his AI clone handle an earnings call — now he’s signing an OpenAI deal
Key Points Customers Bank has signed a multiyear partnership with OpenAI, with engineers set to be embedded at the bank to help automate lending and onboarding, CNBC has learned exclusively. The bank is targeting an improvement in its efficiency ratio from about 49% to the low 40s and higher returns starting in 2027, while codeveloping […]
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Qualcomm jumps 12% on report it’s partnering with OpenAI on smartphone AI chip
Qualcomm is one of the biggest semiconductor companies making chipsets. Nurphoto | Nurphoto | Getty Images Qualcomm shares rose in premarket trading Monday following reports that it’s partnering with OpenAI to create smartphone processing chips to advance the AI firm’s hardware ambitions. The U.S. smartphone chipmaker is set to work alongside Taiwanese semiconductor firm MediaTek […]
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China’s tech play, U.S. high yield & own equities — 3 investment strategies from the studio
Markets are seeing a tepid start to trade in Europe, as investors digest the latest developments in the Iran war. Anticipation is also building ahead of major earnings this week, including five of the “Magnificent Seven,” as well as rate decisions from the Federal Reserve, the Bank of England, the ECB and the Bank of […]
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Stocks making the biggest moves premarket: Qualcomm, Domino’s Pizza, Adobe & more
Check out the companies making the biggest moves premarket: Qualcomm , Apple — The chipmaker surged more than 12% after TF International Securities analyst Ming-Chi Kuo said in a post on X that OpenAI is working with Qualcomm to develop smartphone processors. Apple, the iPhone maker, slipped 1.5% on the report of a potential new […]
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Wall Street expects solid Q1 results for GM, as Ford and Stellantis try to gain traction
Traders work on the floor at the New York Stock Exchange in New York City, March 27, 2025. Brendan McDermid | Reuters DETROIT — As America’s largest automakers prepare to report first-quarter earnings results this week amid rising oil and commodity costs due to the Iran war, they find themselves traversing different terrains. General Motors […]
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UK royals head to the U.S. in the wake of war, shooting and rocky relations
King Charles delivers, U.S. President Donald Trump and Catherine, Princess of Wales attend the state banquet for the US President and First Lady Melania Trump at Windsor Castle, Berkshire, on day one of their second state visit to the UK, Wednesday Sept. 17, 2025. Aaron Chown | Via Reuters The U.K.’s King Charles III and […]
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MAHA is mad. Its alliance with Trump is about to face its biggest test
U.S. Vice President JD Vance and U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. gesture onstage during the inaugural Make America Healthy Again (MAHA) summit in Washington, D.C., U.S., Nov. 12, 2025. Nathan Howard | Reuters A Supreme Court case and a bill moving through Congress this week are set to test […]
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