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The Latest Breaking News from CNBC

FTX Reportedly Shopping BlockFi At 99.5% Discount, CEO Shoots Down $25M Figure

Imagine it is March 2021, and you’re leading a funding round where you’ve raised $350 million at a $3-billion valuation. Now it’s July 2021, and you’re to raise $500 million at an almost $5 billion valuation.

Benzinga

Hot Stocks: Tickers Moved By Traders on 'Fast Money Halftime Report'

CNBC’s "Fast Money Halftime Report" delivers market-moving news to investors.

Benzinga

CNBC's Final Trades: Buy Coca-Cola And Health Care, Short These Two

On CNBC’s “Halftime Report Final Trades,” Liz Young of BNY Mellon Investment Management chose Health Care Select Sector SPDR Fund (NYSE: XLV).

Benzinga

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Fundamental Global Investors Chairman Joe Moglia Discusses State of Markets on CNBC Squawk Box

And I Share My Two Cents from Running Financials Portfolio Alongside Steve Cohen in 2008

Benzinga

Could Carnival Stock Go To Zero? Why Pete Najarian Sees Choppy Waters On The Horizon

Carnival Corp (NYSE: CCL) was featured as the call of the day Wednesday on CNBC's "Fast Money Halftime Report."

Benzinga

Jim Cramer Recommends This Mining Company And 5 Other Stocks

On CNBC’s "Mad Money Lightning Round," Jim Cramer said AT&T Inc (NYSE: T) is a "distinct hold. If it were $18, it’s a buy. If it was $23, it’s a sell."

Benzinga

CNBC's Final Trades: Wynn Resorts, FedEx, General Mills And This Relatively Unknown Stock

On CNBC’s “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners said he chose Wynn Resorts, Limited (NASDAQ: WYNN) — not because of China, but

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Benzinga Before The Bell: Tesla's Autopilot Layoff, TikTok Removal From App Stores, US Sanction On Russian Gold And Other Top Financial Stories Wednesday, June 29

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Benzinga Before The Bell: Roe vs Wade Ruling Effect, Airbnb's Ban on Parties, JetBlue's Modified Proposal And Other Top Financial Stories Tuesday, June 28

CNBC

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CNBC's Final Trades: UnitedHealth, WideOpenWest And This Company That's 'Minting Cash'

On CNBC’s “Halftime Report Final Trades,” Jenny Harrington of Gilman Hill Asset Management said that Devon Energy Corp (NYSE: DVN) is “minting cash” due to elevate

Benzinga

'Let's Just Stick With Morgan Stanley': Why Jim Cramer Says No To These Bank Stocks

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Belden (NYSE: BDC) over Encore Wire Corp (NASDAQ: WIRE).

Benzinga

Ahead Of Investor Deep Dive Event, Credit Suisse Fined For Cocaine Money Laundering Case: Report

Credit Suisse Group AG (NYSE: CS) will hold an Inv

Benzinga

Meta's Biggest Rival Posts Visible Success On Gaming Foray Despite Bigger Rivals Like Tencent, NetEase

TikTok parent ByteDance Ltd's gaming foray exudes promise as spending across its mobile titles grew over the past year, according to Sensor Tower. The report highlighted TikTok owner generated $1 billion of player spending across its mobile games as of the year ended June 20, 2022, up 16% year-on-year. ByteDance had set…

Benzinga

Intel and TSMC's US Plant Ambitions Remain Undecided As US Chip Act Gets Delayed

U.S. government's shift of focus from chip funding has landed the chipmakers in a soup, CNBC reports.

Benzinga

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CNBC's Final Trades: ChargePoint Holdings, Energy Puts, And These Pharma And Health Care Stocks To Buy

On CNBC’s “Halftime Report Final Trades,” Brenda Vingiello of Sand Hill Global Advisors said Zoetis Inc (NYSE: ZTS) is a pharma company “without all the problems

Benzinga

Jim Cramer Says This Company Isn't Making Money

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he is hearing nothing but positives of late about Nokia Corp (NYSE: NOK) over the previous four weeks. "I think it’s right to buy," he added.

Tribune News Service

GM's Cruise starts to charge for fares in San Francisco

Cruise LLC is officially open for business, offering driverless rides to paying customers on a small scale, CEO Kyle Vogt said Thursday on CNBC's "Squawk Box."

Benzinga

Jim Cramer's 5 Takeaways From His Meeting About The Metaverse With Meta Platform's Mark Zuckerberg

The newly formed metaverse, according to Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg, could be home to billions of users. What Happened: Zuckerberg met with CNBC's Jim Cramer to discuss this.

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This Investor Is Confident In Tesla Stock After Morgan Stanley Trims Q2 Estimates: Here's Why

Tesla Inc (NASDAQ: TSLA) was featured as the call of the day Thursday on CNBC's "Fast Money Halftime Report."

Benzinga

Raymond James Cuts Delta Air Lines Price Target By ~6%

Raymond James analyst Savanthi Syth lowered the price target for Delta Air Lines, Inc's (NYSE:DAL) to $50 (an upside of 73%) from $53 while maintaining the Strong Buy rating on the shares. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and…

Benzinga

Hot Stocks: 10 Tickers Moved By Traders on 'Fast Money Halftime Report'

CNBC’s "Fast Money Halftime Report" delivers market-moving news to investors. The commentary delivered by hosts of the show often moves the stocks mentioned. The information is collected and refined using Benzinga Pro’s News Tool on any workstation.

Benzinga

CNBC's Final Trades: Walt Disney, Amazon, Microsoft And 2 Ways To Gain Health Care Exposure

On CNBC’s “Halftime Report Final Trades,” Michael Farr from Farr, Miller & Washington said he was adding to Walt Disney Co (NYSE: DIS).

Benzinga

Why Jim Cramer Prefers Devon Energy Over EOG Resources

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he prefers Devon Energy Corporation (NYSE: DVN) over EOG Resources, Inc. (NYSE: EOG) as the former is cheaper.

Benzinga

Benzinga Before The Bell: Tesla's Cybertruck Update, Twitter's New Feature, Netflix's Ad-Tier And Other Top Financial Stories Thursday, June 23

CNBC Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities

Benzinga

Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities: CNBC

American Airlines Group Inc (NASDAQ:AAL) plans to discontinue service to four U.S. cities from September. The cities will lose scheduled commercial air service entirely, reported CNBC. AAL blamed the service restrictions on a regional pilot shortage. The report further noted American Airlines, United Airlines Holdings Inc (NASDAQ:UAL), and Delta Air Lines, Inc (NYSE:DAL) have reduced service…

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