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These are Bank of America’s top picks for the second quarter after a tough start to 2026
As the second quarter kicks off, Bank of America believes that stocks such as Meta Platforms and Spotify are positioned to outperform. The first quarter was marked with macroeconomic uncertainty and geopolitical volatility, characterized by ramping tensions in the Middle East. The S & P 500 jumped to begin April’s trading and the second quarter, […]
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Apple at 50: The iPhone maker ‘blew a 5-year lead’ on AI, but former insiders say it can still win
CUPERTINO, Calif. — Nasdaq brought its market open festivities to Apple’s sprawling Silicon Valley headquarters on Tuesday, the eve of the company’s 50th birthday. From a desk inside Apple Park, the ring-shaped campus that Steve Jobs spent his last years helping design, Tim Cook rang the opening bell and, in the process, ushered in the […]
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The Chinese box office isn’t the Hollywood kingmaker it used to be. Here’s why
Posters of films are on display at a cinema in Shanghai, Aug. 31, 2025. Vcg | Visual China Group | Getty Images Hollywood has lost one of its most lucrative theatrical markets. It’s unclear if it will ever win it back. The Chinese box office was once a coveted space for American-made movies, so much […]
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Debris from aerial interception strikes Oracle building in Dubai, UAE says
Jaque Silva | Nurphoto | Getty Images The office of U.S. tech giant Oracle in Dubai was damaged by falling debris, the city’s media office said on Sunday, as Iran continued to fire projectiles at targets around the Middle East in retaliation against U.S. and Israeli strikes. “Authorities confirm that they responded to a minor […]
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Microsoft executive touts Copilot sales traction as AI anxiety weighs on stock
FILE PHOTO: Judson Althoff, CEO of Microsoft’s commercial business, appears during an interview in San Francisco on Jan. 27, 2017. David Paul Morris | Bloomberg | Getty Images Microsoft has made greater inroads with sales of its Copilot artificial intelligence add-on for business clients after facing criticism for relatively low adoption in recent months, executive […]
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Warner, Schiff probe potential insider trading in government
Senator Mark Warner (D-VA) and Sen. Adam Schiff (D-Calif.). Nathan Posner | Anadolu | Tom Williams | CQ-Roll Call, Inc | Getty Images Sens. Mark Warner, D-Va., and Adam Schiff, D-Calif., demanded answers on potential insider trading in government in a letter sent Thursday to the head of the Securities and Exchange Commission and the […]
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Family offices stall deal-making during Iran conflict
Azim Premji, Founder Chairman of Wipro, speaks during the inauguration of the Wipro Hydraulic Plant in Jaipur, Rajasthan, India, on Aug. 22, 2024. Vishal Bhatnagar | Nurphoto | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to […]
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Starbucks to award bonuses to baristas, expand tipping to promote turnaround efforts
A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela | Reuters Starbucks will award baristas and shift supervisors quarterly bonuses of $300 if their stores hit certain targets to aid the coffee chain’s turnaround efforts, the company said Thursday. The program will begin in July, with the first payout coming in […]
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CNBC Daily Open: Trump threatens to put Iran in ‘stone ages,’ dampening ceasefire hopes
U.S. President Donald Trump acknowledges those in attendance after speaking from the Cross Hall of the White House on April 1, 2026 in Washington, DC. Alex Brandon | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump gave his highly […]
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CNBC Daily Open: All eyes on Trump address as markets rise on ceasefire hopes
U.S. President Donald Trump attends to sign an executive order in the Oval Office of the White House in Washington, D.C., March 31, 2026. Evan Vucci | Reuters Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. markets opened the second quarter in the green […]
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