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Intel beats on sales in first earnings report since U.S. government became top shareholder
Technology

Intel beats on sales in first earnings report since U.S. government became top shareholder

Intel CEO Lip-Bu Tan holds a wafer of CPU tiles for the Intel Core Ultra series 3, code-named Panther Lake, outside the Intel Ocotillo campus in Chandler, Arizona. Panther Lake is the first client system-on-chips (SoCs) built on the Intel 18A process node. Courtesy: Intel Intel reported better-than-expected revenue on Thursday, signaling that demand for […]

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Illegal NBA gambling busts put sportsbooks on the defense
Business

Illegal NBA gambling busts put sportsbooks on the defense

NBA and FanDuel online sports betting signage is displayed on the side of a building in Phoenix, Arizona, on June 5, 2024. Patrick T. Fallon | AFP | Getty Images “This is the insider trading saga for the NBA.” That was FBI Director Kash Patel’s message at a news conference Thursday, announcing the arrests of […]

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Trump admin not negotiating equity stakes with quantum firms: Commerce official
Technology

Trump admin not negotiating equity stakes with quantum firms: Commerce official

The U.S. government is not in talks with quantum computing companies to take equity stakes in the firms in exchange for federal funding, a Commerce Department official told CNBC. “The Commerce Department is not currently negotiating equity stakes with quantum computing companies,” the spokesperson said in a statement. The denial comes after the Wall Street […]

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Stocks making the biggest moves midday: Super Micro, Knight-Swift, Wyndham, Las Vegas Sands, Hexcel and more
Finance

Stocks making the biggest moves midday: Super Micro, Knight-Swift, Wyndham, Las Vegas Sands, Hexcel and more

Check out the companies making the biggest moves midday: Super Micro Computer — The computer server manufacturer slumped 7% after cutting its fiscal first-quarter revenue forecast to about $5 billion from a prior estimate of $6 billion to $7 billion. Quantum computing stocks — Quantum computing shares jumped on a Wall Street Journal report that […]

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With stock market concentration risk at peak, ‘cash, precious metals, and crypto’ is new normal
Finance

With stock market concentration risk at peak, ‘cash, precious metals, and crypto’ is new normal

ETF Edge With stock market concentration risk at peak, ‘cash, precious metals, and crypto’ is new normal Published Thu, Oct 23 202512:42 PM EDTUpdated 19 Min Ago Krysta Escobar WATCH LIVE Source

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Most potential homebuyers expect mortgage rates to drop. That’s why they’re waiting
Business

Most potential homebuyers expect mortgage rates to drop. That’s why they’re waiting

The majority of would-be homebuyers expect mortgage rates to continue their recent decline, and it’s one of the main reasons why they’re waiting to make a purchase, according to the findings of a new CNBC Housing Market Survey. Rates have been creeping down over the last few months and are hovering around the lowest level […]

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Trump didn’t like the EU before. Now, Russia might be pushing them closer
World

Trump didn’t like the EU before. Now, Russia might be pushing them closer

European Commission President Ursula von der Leyen speaks, while sat with U.S. President Donald Trump, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | Reuters Relations between the U.S. and European Union have been thorny this year with differences over how to […]

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Stocks making the biggest moves premarket: IonQ, Molina Healthcare, Tesla, Hasbro, Beyond Meat, IBM
Finance

Stocks making the biggest moves premarket: IonQ, Molina Healthcare, Tesla, Hasbro, Beyond Meat, IBM

Check out the companies making headlines before the bell on Thursday. Quantum computing stocks — Quantum computing shares jumped on a Wall Street Journal report that U.S. President Donald Trump’s administration is in talks to acquire equity stakes in several quantum computing firms. Rigetti Computing is up 8%, while IonQ and Quantum Computing rose nearly […]

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Stock futures are under pressure again as Tesla, IBM fall on earnings, oil jumps: Live updates
World

Stock futures are under pressure again as Tesla, IBM fall on earnings, oil jumps: Live updates

Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American in New York City, U.S., October 22, 2025. Brendan Mcdermid | Reuters Stock futures pulled back for another day on Thursday as investors a slew of digested quarterly earnings releases, including those from Tesla and IBM. Futures tied to the Dow […]

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EU targets Russian energy with new sanctions — and welcomes Trump’s major policy shift
World

EU targets Russian energy with new sanctions — and welcomes Trump’s major policy shift

A worker carries out maintenance tasks at the Eustream gas facility on February 25, 2025 in Velke Kapusany, Slovakia. Robert Nemeti | Getty Images News | Getty Images The European Union on Thursday launched a fresh round of sanctions against Russia for its war in Ukraine, joining the U.S. by targeting Moscow’s energy infrastructure. The package of measures, which […]

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