Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2024. Stefan Wermuth | Bloomberg | Getty Images Few companies were as hot in early 2000 as Cisco, whose networking equipment served as the backbone of the internet boom. On Wednesday, Cisco’s…
If approved, the Nicholas Bitcoin and Treasuries AfterDark ETF would buy and sell bitcoin-linked financial instruments outside U.S. trading hours. <
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Federal Reserve on Wednesday approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue…
Henrique Braun to become the next CEO of The Coca-Cola Company. Courtesy: The Coca-Cola Company Coca-Cola said Wednesday its Chief Operating Officer Henrique Braun will succeed James Quincey as CEO next year. The change will take effect on March 31, the company said. Quincey, 60, has held the top job at the beverage giant since…
DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he’s warming up to commodities, while doubling down on foreign investments amid dollar weakness. The widely followed investor said he recently shifted positive on broad commodities, pointing to a steady, largely overlooked rally in the asset class. “Commodities broadly have quietly started to rise,” Gundlach said. “For the…
U.S. President Donald Trump participates in a roundtable discussion with business leaders at the White House in Washington, D.C., U.S., Dec. 10, 2025. Jonathan Ernst | Reuters President Donald Trump on Wednesday said the Federal Reserve’s latest decision to cut benchmark interest rates by a quarter percentage point could have been “at least doubled.” Trump,…
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC There were three dissenters from the Federal Reserve’s decision to lower the federal funds rate by a quarter percentage point on Wednesday, making it the most divisive the central bank has been in more than six…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves : Stocks got a boost and bond yields dipped Wednesday afternoon after the Federal Reserve lowered the target range of its key interest rate…
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in October. Text removed from the October statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements….
Check out the companies making the biggest moves midday: Photronics — The maker of flat panel display components rallied more than 37% on better-than-expected results for its fiscal fourth quarter. Photronics’ first-quarter earnings guidance also exceeded estimates. Maplebear — The grocery delivery platform stumbled 6% after Amazon announced in a blog post that its same-day…
