Check out the companies making the biggest moves midday: Peabody Energy — The coal company jumped 9%. Peabody began arbitration proceedings with Anglo American over the canceled purchase of steelmaking coat assets belonging to the Anglo. SanDisk — The maker of solid state drives jumped 10%, adding to its massive gains. Over the past six…
Retail investors should stay the course on Apple stock despite a new Wall Street downgrade , according to Jim Cramer. “People at home, I urge you not to listen,” Jim said Friday, in response to Jefferies analyst Edison Lee cutting the iPhone maker’s shares to underperform, a sell equivalent rating, from hold. “I think owning…
CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty…
Members of the National Guard walk, with the U.S. Capitol in the background, during the first day of a partial government shutdown in Washington, D.C., U.S., Oct. 1, 2025. Nathan Howard | Reuters The shutdown of the federal government is likely to worsen the delays student loan borrowers are already facing in accessing programs required…
Freeport-McMoRan is likely to rebound from an environmental disaster last month at its giant Grasberg mine in Indonesia that led the copper-and-gold producer to cut its production estimates, according to UBS. The investment bank upgraded Freeport to buy from neutral in a report out Thursday, raising its 12-month price target on the stock to $48…
DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase ended in September. New data provided to CNBC from Motor Intelligence shows U.S. sales of EVs, excluding hybrids,…
Tesla posted stronger-than-expected third-quarter vehicle deliveries , but shares fell sharply as Wall Street analysts flagged looming headwinds ranging from the end of U.S. electric vehicle tax credits to continued pressure on profit margins. Quarterly vehicle deliveries through Sept. 30, when a key tax credit for EV buyers in the U.S. expired, climbed 7% over…
Chicago Federal Reserve President Austan Goolsbee said Friday he’s leery of cutting interest rates too quickly as threats increase both inflation and employment. In a “Squawk Box” interview on CNBC, the central banker indicated that pressure is coming to both sides of the Fed’s so-called dual mandate of stable prices and low unemployment. “This uptick…
Sopa Images | Lightrocket | Getty Images OpenAI now has two of the top three free apps in Apple’s App Store, and its new video generation app Sora has snagged the coveted No. 1 spot. The artificial intelligence startup launched Sora on Tuesday, and it allows users to generate short-form AI videos, remix videos created…
Fifth Wall co-founder and CEO Brendan Wallace. Courtesy of Fifth Wall 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…
