United States
European stocks end positive after touching fresh record high
European stocks ended higher on Friday, building on momentum that has pushed regional indexes higher this week. The pan-European Stoxx 600 closed the session up 0.5%, having added 0.5% in Thursday’s session after reaching a record high earlier in the day, marking the index’s fifth consecutive day of gains. Major bourses across the region made […]
Read More
Tesla, GM lead record U.S. EV sales this year as federal incentives end
A Tesla Cybertruck and GMC Sierra Denali EV First Edition next to one another. Michael Wayland | CNBC DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase […]
Read More
U.S. model upgrades are pushing AI startups to move fast – it’s unclear if Europe can keep up
Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics and Hume AI. Sopa Images | Lightrocket | Getty Images Artificial intelligence companies are the hottest ticket items in today’s startup ecosystem but the pace of change is dominated by developments at OpenAI and Anthropic. […]
Read More
Massive fire breaks out at Chevron oil refinery in California
An aerial view of Chevron crews attempting to extinguish a large fire and explosion that occurred at Chevron Refinery in El Segundo Thursday, Oct. 2, 2025. Allen J. Schaben | Los Angeles Times | Getty Images A huge fire broke out on Thursday night at a Chevron oil refinery in California, one of the largest […]
Read More
Putin warns of ‘new stage of escalation’ if U.S. supplies long-range missiles to Ukraine
Russian President Vladimir Putin speaks during an annual plenary session of the Valdai Discussion Club, on October 2, 2025 in Sochi, Russia. Contributor | Getty Images News | Getty Images Russian President Vladimir Putin warned the potential supply of long-range missiles to Ukraine would mark a “completely new stage of escalation” between Washington and Moscow. […]
Read More
CNBC Daily Open: U.S. stock indexes charge ahead with three record closes
The “Charging Bull” statue at Bowling Green in New York’s Financial District. Drew Angerer | Getty Images Investors continue to pile into stocks, undeterred by a government shutdown or shaky jobs data, with all three benchmarks hitting record highs Thursday. With the Senate not meeting yesterday because of Yom Kippur, the U.S. government stayed shut […]
Read More
Private equity’s retail rush is alarming its institutional backers: ‘Bigger issues down the road’
SINGAPORE — For decades, private markets have been the preserve of pension funds, endowments and sovereign wealth giants. Now, that exclusivity is fading. More wealthy individuals are getting invited into a once-closed club reserved for long-term investments from large institutions — and that is ruffling feathers. The trend has been described by experts as the […]
Read More
‘Never been stronger’: Investors pile in UK stocks as next U.S.-alternative
European stocks have been on a bull run this year, with investors looking to diversify beyond the U.S. amid volatility sparked by President Donald Trump’s trade policies. But the region’s outperformance over the U.S. has narrowed over recent weeks, with Wall Street’s major averages recovering from the so-called “Sell America” trade to touch fresh all-time […]
Read More
Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants
Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop […]
Read More
CNBC Daily Open: There’s no stopping the U.S. stock markets
A bronze sculpture of a bull is displayed on Broadway in the financial district November 14, 2000 in New York City. Chris Hondros | Hulton Archive | Getty Images Investors continue to pile into stocks, undeterred by a government shutdown or shaky jobs data, with all three benchmarks hitting record highs Thursday. With the Senate […]
Read More