Breaking News: Markets

S&P 500, Nasdaq close higher, extending gains for third day as investors await next week’s rate decision
World

S&P 500, Nasdaq close higher, extending gains for third day as investors await next week’s rate decision

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 25, 2025. Brendan McDermid | Reuters The S&P 500 and Nasdaq Composite rose slightly on Thursday as investors prepared for next week’s interest rate decision from the Federal Reserve. The broad-based index inched up 0.11% to close […]

Read More
Google taps AI vibe-coder Replit in challenge to Anthropic and Cursor
Technology

Google taps AI vibe-coder Replit in challenge to Anthropic and Cursor

Google Cloud announced Thursday a multi-year partnership with artificial intelligence coding startup Replit, giving the search giant fresh firepower against the coding products of rivals, including Anthropic and Cursor.  Under the partnership, Replit will expand usage of Google Cloud services, add more of Google’s models onto its platform, and support AI coding use cases for […]

Read More
Stocks making the biggest moves midday: Meta Platforms, Kroger, SAIC, PVH, Snowflake and more
Finance

Stocks making the biggest moves midday: Meta Platforms, Kroger, SAIC, PVH, Snowflake and more

Check out the companies making the biggest moves midday: Meta Platforms — The Facebook and Instagram parent advanced 4%. Managers led by CEO Mark Zuckerberg are weighing cuts as deep as 30% in Meta’s “metaverse group” in 2026, Bloomberg reported. Kroger – The Cincinnati-based supermarket chain dropped 6.5% after third-quarter revenue lagged Street estimates, identical […]

Read More
Cramer says this retail stock is ‘one of the greatest performers of all time’
Technology

Cramer says this retail stock is ‘one of the greatest performers of all time’

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Stocks were little changed Thursday as Wall Street overlooked mixed labor market data. U.S. layoff announcements in November pushed the year’s total above 1.1 million, the highest level since […]

Read More
Mark Zuckerberg comes to his senses on metaverse spending, and we’re thrilled
Technology

Mark Zuckerberg comes to his senses on metaverse spending, and we’re thrilled

Is the “year of efficiency” Mark Zuckerberg back at Meta Platforms ? Shares of the social media giant rallied more than 5% to $676 each at Thursday’s highs after Bloomberg reported that Zuckerberg is set to reduce metaverse spending up to 30%. The metaverse group, which works on the company’s virtual “Horizon World” environment and […]

Read More
Jim Cramer warns that OpenAI is the year 2000 in a nutshell
Technology

Jim Cramer warns that OpenAI is the year 2000 in a nutshell

CNBC’s Jim Cramer said Thursday that OpenAI reminds him of the kind of speculation and leveraged, aggressive bets that caused the 1990s dot-com bubble to burst. “OpenAI is 2000 in a nutshell,” Cramer said on “Squawk on the Street,” comparing the current everything-AI-mentality to the everything-internet that got the market in trouble roughly 25 years […]

Read More
Stocks making the biggest moves premarket: Snowflake, Salesforce, Hormel Foods, Five Below and more
Finance

Stocks making the biggest moves premarket: Snowflake, Salesforce, Hormel Foods, Five Below and more

Check out the companies making the biggest moves in premarket trading: Salesforce — The software company raised its fourth-quarter revenue guidance, sending shares nearly 2% higher. Salesforce now expects revenue between $41.45 billion and $41.55 billion. Its third-quarter results were mixed. Snowflake — The cloud-based data storage company tumbled 8.6% after its outlook for product […]

Read More
European markets open higher; Ukraine peace talks in focus
World

European markets open higher; Ukraine peace talks in focus

LONDON — European stocks opened in positive territory on Thursday. The pan-European Stoxx 600 was almost 0.3% higher at the opening bell, with all major bourses in the green but sectors mixed. Apparel companies book-ended the benchmark on Wednesday. Zara’s parent company Inditex led the benchmark after it reported strong nine-month results, closing the session 10% higher, […]

Read More
Bank of Japan faces a policy dilemma as government bond yields keep hitting new highs
World

Bank of Japan faces a policy dilemma as government bond yields keep hitting new highs

A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Japan’s central bank is caught in a bind as soaring government bond yields risk upending its policy normalization process. The Bank of Japan faces a stark choice: sticking with its […]

Read More
Asia markets set to open mixed after Wall Street gains on cooler-than-expected jobs data and rate-cut hopes
World

Asia markets set to open mixed after Wall Street gains on cooler-than-expected jobs data and rate-cut hopes

Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets were set to open mixed Thursday, after Wall Street gained on the latest jobs data from ADP, which strengthened investors’ conviction that the Federal Reserve will cut interest rates next week. Payroll processor ADP reported that private companies […]

Read More