Economy
The momentum trades of 2026 are breaking with gold, silver and South Korea down big
Key Points Gold, silver and South Korea were down big Tuesday amid fears the war in Iran could go on for longer than expected. Each of these trades were huge momentum plays in 2026, as investors nervous about their exposure to U.S. large cap tech sought out different asset classes. Bullion getting caught up in […]
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New York Fed’s Williams says tariff burden falls ‘overwhelmingly’ on U.S. businesses and consumers
Key Points American consumers and businesses are taking most of the hit from President Donald Trump’s tariffs, New York Fed President John Williams said in remarks that counter White House claims. A study Williams cited on the issue has generated a fair amount of controversy over the past few weeks, with White House economist Kevin […]
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Oil prices, Target earnings, the new iPhone and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. While the war in Iran continues to unfold, today also brings the first midterm primary elections in the U.S. Here are the races to watch. Stock futures are plunging this morning following a mixed session on Wall Street. Here are […]
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Stocks making the biggest moves premarket: Target, Best Buy, On Holding, MongoDB & more
Check out the companies making headlines before the bell: Target — The big box retailer jumped more than 3% on better-than-expected earnings for the fourth quarter. Target earned an adjusted $2.44 per share, which topped the $2.16 per share analysts polled by LSEG were anticipating. Revenue of $30.45 billion came in just below consensus. Best […]
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Iran war live updates: U.S. embassy in Riyadh hit by drones, Trump promises response ‘soon’
Trump touts ‘virtually unlimited’ U.S. munitions; UAE, Qatar deny weapons’ shortage President Donald Trump said Tuesday that the U.S. has a “virtually unlimited supply” of munitions as the war with Iran escalates. He added that the stockpiles “at the medium and upper medium grade” have never been higher or better. It was not immediately clear […]
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Stocks making the biggest moves after hours: MongoDB, Plug Power, Credo Technology & more
Check out the companies making headlines in after-hours trading. MongoDB — Shares plunged 23% in extended trading. MongoDB said it sees first-quarter adjusted earnings per share of between $1.15 and $1.19 and revenue of between $659 million and $664 million. Analysts polled by LSEG expected earnings of $1.21 per share and $662 million in revenue […]
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Retail investors had two favorite trades during Monday’s market turmoil
Mom-and-Pop investors rushed into a pair of trades on Monday following the U.S.-Israeli strikes on Iran. Retail investors sent millions of dollars on a net basis into the State Street Energy Select Sector SPDR ETF (XLE) and Palantir in the first hour of Monday’s session, according to VandaTrack. But the broader market didn’t see the […]
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Iran, Berkshire Hathaway earnings, OpenAI’s Pentagon deal and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. We’re coming off a weekend that could have long-term ramifications for world politics, so let’s dive in. Stock futures are tumbling this morning. The market notched a losing day and week on Friday. Here are five key things investors need […]
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Stocks making the biggest moves premarket: Exxon Mobil, Lockheed Martin, United Airlines & more
Check out the companies making headlines before the bell. Defense stocks 一 The group rose after a joint U.S.-Israeli attack on Iran over the weekend, that was met with retaliation by the oil producing giant. Lockheed Martin shares also gained 6%, while Northrop Grumman was up 5%. Drone maker AeroVironment jumped more than 10%. Oil stocks […]
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Why Iran should not count on allies Russia and China to come to its aid
China’s Foreign Minister Wang Yi (C) welcomes Russia’s Deputy Foreign Minister Sergey Ryabkov (L) and Iran’s Deputy Foreign Minister Kazeem Gharibabadi before a meeting regarding the Iranian nuclear issue at the Diaoyutai State Guesthouse in Beijing on March 14, 2025. – | Afp | Getty Images As U.S. and Israeli strikes entered their third day, […]
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