Markets
Norway’s central bank raises interest rates to curb inflation; European stocks end lower
European stocks finished Thursday in negative territory as investors await the outcome of reports that Washington and Tehran are nearing an agreement to end the war. The pan-European Stoxx 600 index closed the session down more than 1%, reversing earlier gains. Major regional bourses in London, Paris, Frankfurt and Milan all finished in the red, […]
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Ryan Cohen’s mysterious bank letter backing GameStop’s eBay bid reveals a big issue with deal
Key Points Earlier this week, GameStop made a bold offer to buy eBay for $56 billion. The video game retailer said that it has lined up a $20 billion financing commitment from TD Securities. A key condition in this financing letter from TD Securities would require the combined entity to maintain an investment-grade credit profile, […]
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Maersk shares drop as CEO warns Iran war will have bigger impact in coming months
Maersk and HMM container ships at the Port of Los Angeles in Los Angeles, California, US, on Wednesday, Sept. 24, 2025. Bloomberg | Bloomberg | Getty Images The U.S.-Iran war had created a “new wake-up call” for global trade, Maersk CEO Vincent Clerc told CNBC on Thursday, warning that the impact could worsen in the […]
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AMD’s big day, Anthropic-SpaceX deal, the jet fuel crisis and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. If you live in the Sun Belt, you could soon be on the road next to a driverless big rig. Distribution giant McLane is planning to deploy unsupervised, self-driving trucks on routes in the region by the end of the […]
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Whirlpool says Iran war causing ‘recession-level industry decline.’ The shares are down 20%
Whirlpool shares tumbled Thursday after the iconic appliance maker warned that the war in Iran triggered a severe downturn, underscoring how sharply higher fuel prices and collapsing consumer confidence are beginning to weigh on big-ticket purchases. “War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and […]
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Stocks making the biggest moves premarket: Whirlpool, Shake Shack, McDonald’s, Arm Holdings & more
Check out the companies making the biggest moves in premarket trading: Shake Shack — Shares tumbled 17% after the burger chain’s first-quarter results fell short of expectations and it reported an operating loss of $2.6 million. Shake Shack’s earnings per share broke even, versus earnings of 12 cents a share expected from analysts polled by […]
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Japan may have fired its yen bazooka twice, but markets are testing Tokyo’s resolve
While authorities have typically refrained from immediately confirming currency interventions, they usually issue warnings beforehand — an intentional, strategic ambiguity that keeps the element of surprise to maximize market impact. Richard A. Brooks | Afp | Getty Images After multiple warnings against the “speculative” and “one-sided” currency moves, Japan’s Ministry of Finance appears to have put its […]
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McDonald’s is about to report earnings. Here’s what to expect
People walk by a McDonald’s restaurant on March 11, 2026 in Las Vegas, Nevada. Kevin Carter | Getty Images McDonald’s is expected to report its first-quarter earnings before the bell on Thursday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $2.74 expected Revenue: $6.47 billion expected […]
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