The Latest Breaking News from CNBC

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said Stanley Black & Decker Inc (NYSE: SWK) had been downgraded on Monday.

SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) CEO Masayoshi Son looks to list British chip designer Arm Ltd in the U.S., shunning its home market, CNBC reports. Son aims for a "big IPO" and looks to publicly list Arm on the tech-focused Nasdaq stock market within the fiscal year ending March 31, 2023. Roughly…

Meta Platforms Inc (NASDAQ:FB) continued its slide on February 8 and has now dropped so much in the past week that the company is worth less than chipmaker NVIDIA Corp (NASDAQ:NVDA), CNBC reports. Meta shares dropped 2.1% to close at $220.18 on Tuesday.  The stock is down 35% this year and has reached its…

On CNBC’s “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management named Global X Lithium & Battery Tech ETF (NYSE: LIT) as her pick.

Tesla Inc (NASDAQ: TSLA) removed an electronic control unit including in the steering racks of China-made Model 3 and Y cars as it faced a semiconductor shortage.

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he is not a fan of Gilead Sciences, Inc. (NASDAQ: GILD). "They have what I call big hat, no cattle, and I like ones that have cattle," he added.

Ford Motor Company (NYSE: F) reported weaker-than-expected earnings results for its fourth quarter after the closing bell on Thursday. Michael Ward of Benchmark told CNBC that the recent quarter was disappointing for Ford and the company missed on three out of four metrics he was tracking.

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Nextdoor Holdings, Inc. (NYSE: KIND) is a "great advertising vehicle, but it was a SPAC…and therefore, it’s no good. I mean, honest to God…That’s how the market looks at it."

On CNBC’s “Halftime Report Final Trades,” Jon Najarian named Ranpak Holdings Corp (NYSE: PACK) as his pick, saying it's a $2 billion company.

CNBC host Jim Cramer said investors wanting to buy Meta Platforms Inc. (NASDAQ: FB) stock should wait for the stock to find a bottom as institutional selling is extensive.

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he happens to like the packaging business when asked about Graphic Packaging Holding Company (NYSE: GPK). He added, "They make noncyclical packaging, which is really pretty good."