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The Latest Breaking News from CNBC

Jim Cramer Unimpressed By Palantir Earnings: Why He Says The Software Stock Is 'Doing So Poorly'

The overall markets continue to decline as earnings season unfolds. Monday on CNBC's "Squawk On The Street," Jim Cramer pointed out a concerning commonality among smaller companies that have reported recently.

Benzinga

Why Is A Blockchain Bull Shorting Bitcoin?

Bitcoin (CRYPTO: BTC) has fallen more than 30% since the start of the year, but one bear is anticipating even further downside.

Benzinga

Google Boosts Pay, Revamps Employee Promotions To Ease Tensions: CNBC

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has revamped its performance evaluation process targeting increased salaries to ease tension between employees and management, CNBC reports. The search engine giant is embracing a new process called GRAD, Google Reviews and Development, to streamline the evaluation process, limit reviews to once a year, and put more…

Benzinga

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Why Ford Is Driving Rivian Shares Lower Today

Rivian Automotive Inc (NASDAQ: RIVN) shares are trading lower Monday morning following a report that Ford Motor Co (NYSE: F) is selling 8 million shares of the electric vehicle company.

Benzinga

Morning Brief: Top Financial Stories Dominating on Monday, May 9

CNBC Ford Motor Selling 8M Shares Of Rivian Automotive

Benzinga

Experts Say These 2 Stocks Are Undervalued

On CNBC's "The Final Call," Carter Worth said, “Gold is money. Everything else is credit.” He recommended JPMorgan Chase & Co (NYSE: JPM).

Benzinga

Uber CEO Calls For Cost Cutting, Treating Hiring As Privilege Amid Seismic Market Shift: Report

Uber Technologies Inc (NYSE: UBER) will cut costs to turn into a leaner business model to address a “seismic shift” in investor sentiment, CNBC reported o

Benzinga

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Jim Cramer Shares His Thoughts On Chubb, Novavax And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes the long-term prospects of Plug Power Inc (NASDAQ: PLUG). "Right now, this is a very tough day for a stock like Plug Power," he added.

Benzinga

CNBC's Final Trades: Lumen Technologies, US Dollar, Cinemark Holdings And This Energy Stock

On CNBC’s “Halftime Report Final Trades,” Jenny Harrington of Gilman Hill Asset Management said, “Even with the market going green, I’m not too trusting of the market being a lot better for a long time.”

Benzinga

This 'Markets In Turmoil' Indicator Has Worked 100% Of The Time: Here's What Traders Need To Know

It's been a rough year for stock investors, with the S&P 500 ETF Trust (NYSE: SPY) now down 14% year-to-date. One unconventional indicator with a 100% track record of success suggests investors should be buying the recent market dip.

Benzinga

Google Jumps The Crypto Bandwagon To Win Cloud Market From Alibaba, Amazon, Microsoft

Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google cloud unit formed a team to build services for developers running blockchain applications to tap the budding crypto market, CNBC reports. Former Citi executive James Tromans, who arrived at Google in 2019, will lead the product and engineering group. Google wants to offer back-end services to developers…

Benzinga

8 Stocks Moved By Traders On 'Fast Money: Halftime Report'

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

Benzinga

Cramer Gives His Opinion On CoreCivic, SGHC And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Western Midstream Partners LP (NYSE: WES) has a great yield

Benzinga

CNBC's Final Trades: Uber Technologies, Charter Communications, iShares 1-3 Year Treasury Bond ETF And This Travel Stock

On CNBC’s “Halftime Report Final Trades,” Pete Najarian named Uber Technologies Inc (NYSE: UBER) as his pick.

Benzinga

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McClatchy Washington Bureau

Student loan debt canceled for 113,000 — and more may qualify. But time is running out

Temporary changes to a loan forgiveness program have led to the cancellation of about $6.8 billion in student debt for over 113,000 borrowers who work in public service, according to the U.S. Department of Education.

Benzinga

Tesla Chief Likely To Take Over As Temp Twitter CEO: CNBC

Tesla, Inc (NASDAQ:TSLA) chief Elon Musk will likely serve as Twitter, Inc's (NYSE:TWTR) temporary CEO for a few months post the $44 billion takeover closes, CNBC reports. As per sources to CNBC's David Faber, Musk recently led investor presentations offering financial projections based on his analysis of Twitter. Musk complained against Twitter's EBITDA margin…

Benzinga

7 Stocks Moved By Traders On 'Fast Money: Halftime Report'

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

InsideEVs

Musk Raises $7.1B From Investors, May Become Twitter Interim CEO

The $7.1 billion to fund the acquisition of Twitter sees Elon Musk's margin loan against his shares in Tesla reduced from $12.5 billion to $6.25 billion.

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Benzinga

Morning Brief: Top Financial Stories Dominating on Thursday, May 5

CNBC

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Post EU's Latest Russian Oil Ban, OPEC+ Is Expected To Raise Production Marginally: CNBC

On Thursday, oil producer group OPEC+ is expected to approve another small production rise for June, despite persisting concerns about weakening Chinese demand, shortly after, the world’s largest trading bloc unveiled proposals for further sanctions against Russian petroleum,

Benzinga

Why Cramer Recommends Buying Marvell Technology

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Accenture plc (NYSE: ACN) had a great quarter. He recommended buying the stock.

Benzinga

CNBC's Final Trades: Honeywell International, Merck And More

On CNBC’s “Halftime Report Final Trades,” Stephen Weiss of Short Hills Capital Partners chose Invesco QQQ Trust Series 1 (NASDAQ: QQQ).

Benzinga

4 Stocks Moved By Traders on 'Fast Money: Halftime Report'

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

Benzinga

Jim Cramer Shares His Thoughts On AT&T, Lucid Group And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Lucid Group, Inc. (NASDAQ: LCID) missed the quarter "so badly that I have to tell you, I’ve pulled in my horns on the name."

Benzinga

8 Stocks Moved By Traders On 'Fast Money: Halftime Report'

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

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