Breaking News: Markets
Shares of Chinese chipmaker MetaX soar nearly 700% in blockbuster Shanghai debut
Narumon Bowonkitwanchai | Moment | Getty Images Shares of Chinese chipmaker MetaX Integrated Circuits soared about 700% in their market debut in Shanghai on Wednesday, after the company raised nearly $600 million in its initial public offering. Shares, which were priced at 104.66 yuan in the IPO, surged to over 835 yuan on debut, marking […]
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Robinhood is rolling out NFL parlay and prop bets on prediction markets platform
Key Points Robinhood announced a number of prediction markets features on Tuesday. Users are now able to trade what are essentially parlay and prop bets on NFL games and players. The company also said users will be able to combine up to 10 outcomes across NFL games in custom combos, a feature that is expected […]
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Asia-Pacific markets open mixed as investors parse Japan trade data
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly fell Wednesday as investors parsed trade data that just came out of Japan. Japan’s exports in November grew 6.1% year on year, data from the country’s […]
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Stock futures are little changed as traders absorb shaky U.S. economic data: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on December 16, 2025. Charly Triballeau | Afp | Getty Images Stock futures traded near the flatline after the S&P 500 fell Tuesday, as investors weighed newly released U.S. economic data. S&P 500 futures slipped 0.08%. […]
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Jim Cramer says Amazon is a buy on 2025 underperformance for this key reason
Jim Cramer says investors better act fast while Amazon stock is still on the sale rack. BMO Capital Markets’ decision to raise its estimates on Amazon’s cloud unit is a “clarion call to buy” the stalled stock, Jim Cramer said during Tuesday’s Morning Meeting for Club members. Amazon has been the worst-performing “Magnificent Seven” stock […]
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Nasdaq moves to make trading nearly 24 hours. Why some on Wall Street say that’s a bad idea
The Nasdaq MarketSite in New York, US, on Thursday, Nov. 20, 2025. Michael Nagle | Bloomberg | Getty Images Nasdaq is moving closer to around-the-clock stock trading, a shift that some on Wall Street are calling unnecessary — and potentially destabilizing. The exchange said it plans to submit paperwork to the Securities and Exchange Commission […]
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Investors are all in on stocks: Bank of America survey shows record low cash level
While the market may be stalling into year-end, investors are keeping the faith, Bank of America data shows. The share of portfolios in cash fell to a record low 3.3% in December, according to the bank’s Global Fund Manager survey. That’s down from 3.7%. Michael Hartnett, chief investment strategist at Bank of America, dubbed the […]
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Databricks raises capital at $134 billion valuation in latest funding round
Databricks CEO, Ali Ghodsi speaks on CNBC’s Fast Money on Dec. 17, 2024. CNBC Databricks is raising $4 billion in a funding round that would value the data analytics software company at $134 billion, the company announced Tuesday. The valuation is a 34% jump from the funding round announced in August, which valued the company […]
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Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show
A “Help Wanted” sign hangs in a restaurant window in Medford, Massachusetts, Jan. 25, 2023. Brian Snyder | Reuters Nonfarm payrolls grew slightly more than expected in November but slumped in October while unemployment hit its highest in four years, the Bureau of Labor Statistics reported Tuesday in numbers delayed by the government shutdown. Job […]
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Oil prices tumble to lowest since May, on pace for biggest annual decline in 7 years
Oil prices held on to most gains from the previous session in early trading on Thursday as investors awaited U.S.-China trade talks later in the day. Anton Petrus | Moment | Getty Images U.S. crude oil on Tuesday hit the lowest level since May, putting prices on pace for the worst performance in seven years […]
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