Surging bond yields have been making headlines for the past few days as have soaring gold prices, and while they do not have a watertight inverse relationship, higher yields usually tend to take the sheen of bullion. It appears that in the battle for safe-haven flows, gold is now emerging victorious as investors rethink their…
Sanjay Poonen, CEO of Cohesity is the former COO of VMware and President of SAP. Scott Mlyn | CNBC Data security firm Cohesity is eyeing a potential initial public offering in 2026 with ambitions to achieve a valuation that rivals its publicly traded $17-billion peer Rubrik. The move would mark an important milestone for Nvidia-backed…
(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.) -A wan, unconvincing bounce attempt from Tuesday’s stumble, but with enough pep in Mag 7 names to support the broad indexes. -The pops in Alphabet and Apple after a favorable antitrust ruling –…
The Nasdaq Marketsite is seen during morning trading on April 7, 2025 in New York City. Michael M. Santiago | Getty Images BEIJING — The Nasdaq stock exchange in the U.S. is planning to make it harder for small Chinese companies to list in New York, after a flood of tiny initial public offerings. As…
French Prime Minister Francois Bayrou (L) delivers a general policy statement to MPs at the National Assembly in Paris on January 14, 2025. Thomas Samson | Afp | Getty Images Heading into another vote of confidence next week, France now unexpectedly finds itself unfavorably compared to Italy, a country previously renowned for political upheaval and…
With gold prices jumping to a new all-time high Wednesday, you might be wondering how much that gold bar you bought at Costco could be worth today. As of Wednesday morning, gold traded around $3,549 per ounce, up from about $2,500 a year ago — a roughly 42% increase. If you bought a Costco gold…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Wednesday and what’s on the radar for Thursday’s session. Communication services The sector soared…
Traders work on the floor of the New York Stock Exchange (NYSE) on September 03, 2025 in New York City. Spencer Platt | Getty Images U.S. stock futures were little changed on Wednesday night, following Alphabet’s rally, which lifted the S&P 500 and Nasdaq Composite even as growing fears around the economy weighed on equities….
The ConocoPhillips Headquarters on June 14, 2024 in Houston, Texas. Brandon Bell | Getty Images News | Getty Images U.S. oil and gas producer ConocoPhillips will cut 20-25% of its workforce as part of a broad restructuring, a company spokesperson said on Wednesday, after five sources told Reuters that CEO Ryan Lance detailed the plans in a…
Salesforce on Wednesday reported better-than-expected second quarter results, but the stock sold off in extended trading due to concerns about soft third-quarter revenue guidance and lack of upside in the full-year outlook. Revenue in its fiscal 2026 second quarter rose 10% year over year to $10.24 billion, topping expectations of $10.14 billion, according to LSEG….
