Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks sank Wednesday as banks felt post-earnings pressure for the second straight session. Club name Wells Fargo dropped 5% after reporting a revenue miss before the opening bell. Jeff…
U.S. Secretary of State Marco Rubio speaks with U.S. Senate Minority Leader Chuck Schumer (D-NY) on the day of a briefing for the House of Representatives on the situation in Venezuela, on Capitol Hill in Washington, D.C., U.S., Jan. 7, 2026. Evelyn Hockstein | Reuters The Senate on Wednesday is expected to vote on a…
Celsopupo | Istock | Getty Images Wall Street is finding an unexpected beneficiary of America’s weight-loss boom: airlines. With the first GLP-1 weight-loss drug now available in pill form, analysts at Jefferies say broad adoption across society could quietly lower fuel bills — airlines’ single largest cost — and lift earnings for the carriers. “A…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla CEO Elon Musk said Wednesday that the electric vehicle maker will stop selling its Full Self-Driving (Supervised) software for a flat rate and instead make…
President Donald Trump called Sen. Elizabeth Warren, D-Mass., on Monday to work together on capping interest rates on credit cards. “He said he wanted to work on that, I said, ‘Great, let’s get something done,’” Warren, the Senate Banking Committee ranking member, said on Wednesday in an interview on CNBC’s “Squawk Box.” Trump called Warren…
NEW YORK — An emotional plea by Iranian filmmaker Jafar Panahi and moving words from Ryan Coogler on the violence in Minneapolis stirred a National Board of Review Awards ceremony Tuesday in which Paul Thomas Anderson’s “One Battle After Another” was again crowned the best film of the year. Coming two days after Sunday’s Golden…
Defend. Rebound. Run. That’s the Michigan State Spartans’ motto under head coach Tom Izzo. Is this year’s team playing up to that standard? “When we beat Arkansas in my first year in the Great Eight is when the rebounding thing started. Then, we figured, we were such a bad shooting team that we better run…
Stock investors largely shrugged off the criminal investigation of Federal Reserve Chair Jerome Powell — the latest example of the market looking past political risk. The Dow Jones Industrial Average initially tumbled nearly 500 points on Monday. Investors worried the probe represented a broader push by President Donald Trump to strip away the central bank’s…
NEW YORK — Ten years ago, Kim Gordon — a revolutionary force in the alternative rock band Sonic Youth, the ’80s New York no wave scene and the space between art and noise — debuted solo music. At the time, she was already decades into a celebrated, mixed-medium creative career. The midtempo “Murdered Out” was…
He would’ve potentially made more money next season by not going pro. That’s the case for former Alabama quarterback Ty Simpson, who recently declared for the 2026 NFL Draft. So, how could Simpson have made more money by staying in college? Miami, Tennessee and Ole Miss each offered Simpson between $4-6.5 million in NIL to…
