Chinese technology stocks have asserted cyclical uptrends over the past year, joining U.S. tech names in the artificial intelligence bull market. One example is Alibaba (BABA) , which is in a bullish turnaround phase, evident in the rounded bottom that has formed on the chart since the stock bottomed in late 2022. Long-term momentum is…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett is not in the market to buy another railroad but he did meet with the CEO of CSX and discuss greater cooperation, he told CNBC’s Becky Quick on Monday. Buffett and Greg Abel met with…
Check out the companies making the biggest moves midday: Vital Energy — The energy company surged 13% after announcing it will be acquired by Crescent energy for $3.1 billion . The deal is expected to close by year-end. MP Materials — Shares of the mining company jumped nearly 7%. While a catalyst wasn’t immediately clear,…
Canadian investor Kevin O’Leary revealed on CNBC on Monday that he was one of three buyers to snap up the record-breaking Kobe Bryant and Michael Jordan sports card at auction over the weekend. The card, a signed collectible featuring both NBA legends, sold for nearly $13 million, surpassing the previous record for the most-expensive trading…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Two of Elon Musk’s companies sued Apple and OpenAI on Monday, accusing the pair of an “anticompetitive scheme” to thwart artificial intelligence rivals. The lawsuit, filed…
Labubu toys packaging are seen at a souvenir store in Krakow, Poland on August 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Even Confucius is getting in on China’s “blind box” craze. At the main temple in Beijing to China’s greatest sage, the souvenir shops sell a range of “blind boxes,” gifts packaged in…
Analysts across Wall Street are feeling good about Nvidia ahead of the graphic processing unit designer’s earnings report due out after Wednesday’s closing bell. Several sell-side shops pointed out that hyperscalers — which make up Nvidia’s primary customer base — have already indicated strong capex spending in their latest round of earnings. Therefore, this should…
The government’s stake in Intel is part of a broader strategy to create a sovereign wealth fund that could include more companies, White House economic advisor Kevin Hassett said Monday. In a deal that marked a further incursion of federal involvement with private companies, the White House on Friday announced that it was taking a…
Check out the companies making headlines in premarket trading. Keurig Dr Pepper — Shares slid more than 3% after the beverage maker said it would acquire Dutch coffee and tea company JDE Peet’s for around $18 billion. Once the deal is completed, Keurig plans to split its beverage and coffee businesses into two separate, publicly traded…
Maskot | Maskot | Getty Images Before employees engage in “quiet quitting,” first come signs of “quiet cracking.” “Quiet quitting” refers to the idea of an employee doing the bare minimum at work, according to ResumeBuilder. Meanwhile, “quiet cracking” is a “persistent feeling of workplace unhappiness that leads to disengagement, poor performance, and an increased…
