business news
Apple and Google are teaming up on AI. What it means for both stocks
Wall Street analysts believe the new partnership between Apple and Alphabet strengthens the investment cases for both companies. The two “Magnificent Seven” giants announced Monday that they would be entering a multiyear collaboration where Google’s Gemini AI and cloud technology would power future Apple features, including an AI-charged and personalized Siri expected later this year. […]
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Stocks making the biggest moves midday: JPMorgan, Moderna, Boeing, Cardinal Health, Chipotle & more
Check out some of the companies making the biggest moves midday: JPMorgan Chase — The largest bank in the U.S. dropped more than 3%, trading near session lows, after investment banking fees fell, missing expectations. JPM’s chief financial officer signaled that the banking industry could push back against President Donald Trump’s call for a one-year […]
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Morgan Stanley likes these stocks with strong earnings revisions as season begins
With the quarterly reporting season kicking off this week, investors would be wise to pay attention to stocks with solid earnings momentum, according to Morgan Stanley. More than a dozen companies in the S & P 500 are slated to post latest quarterly results this week, including financial institutions such as Goldman Sachs and Citigroup […]
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Oil prices rise 3% after Trump cancels meetings with Iran, tells protesters help is on the way
Iranians gather while blocking a street during a protest in Tehran, Iran on January 9, 2026. Mahsa | Afp | Getty Images Crude oil prices rose about 3% on Tuesday, after U.S. President Donald Trump canceled all meetings with Iranian officials and promised protesters that help is on the way. U.S. crude oil rose $1.96, […]
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Warren Buffett was still searching for that elephant in his final months as Berkshire CEO
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC In the final stretch of his tenure atop Berkshire Hathaway, Warren Buffett was still pursuing that elusive elephant. The 95-year-old legendary investor, who handed over the CEO reins to Greg Abel […]
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These stocks could be helped the most if the Supreme Court knocks down Trump’s tariffs
The Supreme Court may rule Wednesday on President Donald Trump’s tariffs, a decision that could be a boon for stocks hurt most by the levies, according to Wells Fargo. The firm has a “Tariff Relief Basket,” or a swath of mostly consumer and industrial stocks that are likely to get a boost if the International […]
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Trump attacks Powell again amid Fed independence fears: ‘Incompetent’ or ‘crooked’
U.S. President Donald Trump looks at Federal Reserve Chair Jerome Powell holding a document during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters President Donald Trump on Tuesday slammed Federal Reserve Chair Jerome Powell as either “incompetent” or “crooked,” […]
Read MoreBNY raises profit target as CEO Robin Vince says ‘turnaround’ is taking hold
Robin Vince President & CEO BNY Mellon, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC BNY, which calls itself the world’s largest custody bank, is raising a pair of key performance targets as CEO Robin Vince says a turnaround that began when he […]
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