Breaking News: Markets
The public sours on AI and data centers as Anthropic, OpenAI look to IPO and tech keeps spending
Artificial intelligence is losing the popularity contest in the United States, and that’s bad news for some of Big Tech’s power players. The trend has implications for richly valued companies like OpenAI and Anthropic, which are both on the path to go public. It also threatens Amazon, Google, Microsoft and Meta, the so-called hyperscalers planning […]
Read More
Stock futures are little changed following a record-setting day for S&P 500 and Nasdaq: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures were little changed on Wednesday night after both the S&P 500 and Nasdaq Composite rose to fresh records during the regular session. S&P 500 futures and Nasdaq 100 futures both traded around the flatline. Futures tied to the Dow Jones […]
Read More
Goldman Sachs bond traders stumbled as Wall Street rivals thrived: ‘A fire is being lit under’ them
Key Points Goldman Sachs’s fixed income division disappointed investors this week, with revenue down 10% and about $910 million below expectations — a rare stumble for a flagship business. “I’d imagine that at Goldman, a fire is being lit under the traders, managers and risk overseers in FICC after such an underperformance,” veteran analyst Mike […]
Read More
Lumen Technology’s high-stakes fiber bet nearly bankrupted it. Now, it’s powering its AI future
Key points: Lumen Technologies has shed assets and cut debt after it narrowly skirted bankruptcy. The company is focused now on shifting toward high-growth businesses such as AI networking and cloud services. Its fiber network is a key advantage. Lumen plans to layer a digital services platform over it to provide customers the ability to […]
Read More
Iran war damaged as much as $58 billion of energy infrastructure, Rystad estimates
The Middle East war has damaged as much as $58 billion worth of energy infrastructure, according to an estimate published by consulting firm Rystad Energy on Wednesday. Iran has attacked the oil and gas infrastructure of its Gulf Arab neighbors including production facilities, refineries and pipelines among other targets. Israel has bombed natural gas and […]
Read More
Nvidia’s long-awaited stock breakout is proof that patience pays off
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 on Wednesday made a new intraday high for the year, as the rebound from the Iran war sell-off continued. At one […]
Read More
A few tankers and ships are going through the Strait of Hormuz. Here’s the latest traffic
A view of a vessel in the Strait of Hormuz following the two-week temporary ceasefire reached between the United States and Iran on the condition that the strait be reopened, seen in Oman on April 8, 2026. Shadi J. H. Alassar | Anadolu | Getty Images At least nine oil tankers have transited the Strait […]
Read More
Regulators are reportedly zeroing in on suspicious trades ahead of market-moving Trump post
US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, April 12, 2026. Trump attacked Pope Leo XIV for his criticisms of the US-Israeli war on Iran, calling the leader of the Catholic Church “WEAK on crime.” Photographer: Bonnie Cash/UPI/Bloomberg via […]
Read More
Stocks making the biggest moves midday: DoorDash, Robinhood, Broadcom, Sandisk & more
Here are the companies making headlines in midday trading. Nvidia – Shares of the chip giant popped about 1% as investors plowed money back into tech stocks. Nvidia is on pace for an 11th consecutive winning session, its longest stretch of daily gains on record. Caterpillar – The manufacturer of construction equipment dropped about 5%. […]
Read More
Jim Cramer says the stock market is so overbought that we have to tread carefully
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 Wednesday’s key moments. 1. The major averages were mixed Wednesday. The blue-chip Dow was down about 200 points, but the S & P 500 was higher by roughly 0.3%. Leading the way is […]
Read More