One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021. Bloomberg | Bloomberg | Getty Images British bank Barclays on Tuesday beat profit expectations and announced a £1 billion ($1.33 billion) share buyback as market volatility boosted investment banking revenues. Pre-tax profit beat estimates at £2.5…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, PayPal announced it’s launching a service that lets U.S. merchants accept over 100 cryptocurrencies for payments. Plus, Joe Lubin, a co-founder of Ethereum, discusses the latest on his crypto treasury company SharpLink Gaming and whether…
Workers assemble smartphones at Dixon Technologies’ Padget Electronics Pvt factory in Uttar Pradesh, India, on Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images India has overtaken China to become the top exporter of smartphones to the U.S., according to research firm Canalys, reflecting the shift in manufacturing supply chain away from Beijing amid tariff-fueled…
Industrials are in the spotlight, emerging as the top sector in 2025 – and a few names happen to offer the prospect of upside and dividend income. Year to date, the industrials sector is up 17%, overshadowing even the high-flying tech sector, which is up 13%. A couple of factors are behind industrials’ rise: For…
Wall Street had little doubt that Brian Niccol was the right executive to fix Starbucks’ triple shot of trouble: downbeat sales, operational bottlenecks and a fading coffee house identity. That has not made Niccol’s task any easier. Niccol’s status as a turnaround extraordinaire is well-deserved. After reviving the Taco Bell brand, Niccol became revered for…
Asia markets start Tuesday trading in the red Asia markets started the trading day lower. Japan’s benchmark Nikkei 225 fell 0.61%, while the Topix lost 0.76%. South Korea’s Kospi fell 1.09%, and the small-cap Kosdaq slipped 0.88%. Australia’s S&P/ASX 200 lost 0.42%. —Lee Ying Shan Opening calls Good morning from Singapore. Asia markets are poised for a weaker open. Japan’s benchmark Nikkei…
CNBC’s Jim Cramer examined Monday’s market action and said he thinks the U.S.’s major trade deals failed to move stocks because investors’ focus is elsewhere this week. “Right now, we’re presuming these tariffs don’t matter,” he said. “What matters is earnings, unemployment, the Fed meeting and — you know what — dead last, tariffs.” The…
An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images A U.S. government watchdog said on Monday it will probe the Federal Aviation Administration’s 2024 decision to relocate some Newark air traffic controllers to Philadelphia from New York to address staffing shortages and…
A sign marks the offices of Sarepta Therapeutics in Cambridge, Massachusetts, U.S., July 22, 2025. Brian Snyder | Reuters Sarepta Therapeutics said on Monday it will resume shipping of its gene therapy Elevidys to patients with a rare muscular disorder who can walk, after the FDA recommended the removal of a voluntary hold that was…
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