(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) More apprehensive chopping around the week-long range with a slightly firmer tone to end the week, as the urgent selling in regional lenders abated, a China-trade agreement remains in limbo and investors ask…
Wall Street gets more information on corporate America next week, with third-quarter earnings shifting into high gear. There’s also important inflation data coming. The earnings season is off to a strong start, with financials topping expectations thanks to the likelihood of lower interest rates and greater merger and acquisition activity. S & P 500 earnings…
A demo setup of racks of AI servers connected with Credo cables, displayed at the Open Compute Summit in San Jose, California. Credo In July, Elon Musk posted photos from inside an xAI data center called Colossus 2, which the artificial intelligence startup aims to turn into a massive supercomputing facility in Memphis, Tennessee. Musk’s…
Donald Trump’s administration asked the U.S. Supreme Court on Friday to allow his deployment of National Guard troops to Illinois, as the Republican president moves to dispatch military personnel to a growing number of Democratic-led locales and expand the use of the armed forces for domestic purposes. The Justice Department filed an emergency request asking…
Boeing 737 Max aircraft are assembled at the company’s plant in Renton, Washington, U.S. June 25, 2024. Jennifer Buchanan | Via Reuters Boeing has won regulator approval to ramp up production of its best-selling 737 Max jetliners to 42 a month, a milestone for the manufacturer nearly two years after the Federal Aviation Administration capped…
Salesforce CEO Marc Benioff delivers the keynote address at the start of the Dreamforce conference at the Moscone Center in San Francisco, California Tuesday, Oct. 14, 2025. Jessica Christian | San Francisco Chronicle | Hearst Newspapers | Getty Images Salesforce CEO Marc Benioff apologized on Friday for making comments in support of President Donald Trump…
Russ Vought, Director of the US Office of Management and Budget (OMB), speaks at the National Conservative Convention in Washington D.C., Sept. 3, 2025. Dominic Gwinn | Afp | Getty Images The U.S. Army Corps of Engineers will immediately pause, and consider canceling, over $11 billion in projects due to the government shutdown, Trump administration…
Signage outside Western Alliance Bank headquarters in Phoenix, Arizona, March 13, 2023. Caitlin O’Hara | Bloomberg | Getty Images Big banks including JPMorgan Chase and Goldman Sachs had just finished taking victory laps after a blockbuster quarter when concerns emerged from an obscure corner of Wall Street, sending a collective shiver through global finance. Regional…
Gold miner Newmont and artificial intelligence hardware supplier Amphenol are among the companies reporting quarterly results next week with momentum on their side. The third-quarter earnings season is off to a strong start, with results from major banks earlier this week helping lift the market even amid recent volatility tied to macroeconomic concerns and credit…
Check out the companies making the biggest moves midday: AppFolio — The cloud-based business software provider climbed 7% after an upgrade to overweight from equal weight at KeyBanc, with a 12-month price target of $285, according to FactSet’s StreetAccount service. AST SpaceMobile — Shares in the space-based broadband cellular network dropped 6% after more than…
