Eli Lilly CEO David A. Ricks speaks at a press conference at Generation Park in Houston, Monday, Sept. 23, 2025. The company announced plans for a $6.5 billion biomanufacturing plant in north Houston. (Raquel Natalicchio/Houston Chronicle via Getty Images) Raquel Natalicchio | Houston Chronicle | Getty Images Eli Lilly on Tuesday said it will spend…
The Federal Reserve is poised to deliver its third straight interest rate cut Wednesday, while simultaneously firing a warning shot about what’s ahead. Following a period of remarkable indecision about which way central bank policymakers would lean, markets have settled on a quarter percentage point reduction. If that’s the case, it will take the Fed’s…
President Donald Trump’s decision to let U.S. tech giant Nvidia sell more advanced semiconductors to China is getting pushback from some Republicans wary of giving Beijing an edge in the global race to AI dominance. The agreement, which Trump announced in a Truth Social post Monday evening, would allow Nvidia to sell its H200 artificial…
JPMorgan Chase shares fall 4% after bank says 2026 expenses to hit $105 billion <
The new Bitcoin token is photographed on U.S. $100 bills. Sopa Images | Lightrocket | Getty Images A new exchange-traded fund from Bitwise that began trading Tuesday will give retail investors and financial advisors access to a broad range of cryptocurrencies in one shot, as opposed to the ETFs so far that have mostly just…
Check out the companies making the biggest moves midday: Gogo — The in-flight Wi-Fi provider dropped 10% after announcing an investment in satellite communications company Farcast . The terms were not disclosed in the announcement. Exxon Mobil — The oil giant jumped 2.7% after it updated its corporate plan through 2030. Exxon said it now…
Netflix’s interest in acquiring Warner Bros. Discovery would saddle the streaming giant with massive legacy risks and erase some of its biggest competitive advantages, according to Needham’s Laura Martin, one of the most widely followed media analysts on Wall Street. Martin estimates that buying WBD would put $83 billion of additional value at risk of…
Target has turned its store in New York City’s SoHo neighborhood into a unique concept store. Inside of an area that resembles the company’s Bullseye logo, the company has “The Drop,” a rotating display of seasonal styles and curated items. Courtesy of Target In one of New York City’s most fashion-forward neighborhoods, Target is unveiling…
President Donald Trump’s approval rating has been slipping as Americans sour on his handling of the economy. Is it one more divide between Wall Street and Main Street with stocks still sitting near record highs and corporate profits strong? Not exactly, according to the results of the latest CNBC CFO Council Survey. The C-suite and…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The recovery in…
