This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. It’s the one-year anniversary of President Donald Trump’s initial tariff unveiling, what the president dubbed “liberation day.” Stock futures are falling this morning. The three major indexes are coming off another winning day. Here are five key things investors need…
Globalstar Chairman and CEO Jay Monroe rings the opening bell at the New York Stock Exchange, April 21, 2014. Brendan McDermid | Reuters Shares of Globalstar jumped more than 15% in extended trading on Wednesday after the Financial Times reported Amazon is in talks to acquire the satellite communications company, citing people familiar with the…
Avishek Das | Lightrocket | Getty Images Mutual fund giant Franklin Templeton has agreed to buy a small crypto investment firm, 250 Digital, which will join its newly established unit Franklin Crypto, as the firm deepens its digital assets push. By bringing 250 in-house, Franklin Templeton hopes to be able to increase its actively managed…
SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters Elon Musk’s SpaceX has confidentially filed for an IPO with the Securities and Exchange Commission, sources told CNBC’s David Faber, bringing Elon Musk’s rocket company one step closer to what’s expected to be a record public offering. Bloomberg was first…
Intel shares jumped 9% Wednesday after the U.S chipmaker announced it would repurchase the 49% equity interest it did not own in its Fab 34 chip facility in Ireland for $14.2 billion. The semiconductor company sold the 49% stake in its Ireland manufacturing facility to buyout firm Apollo Global Management in 2024 for $11.2 billion….
Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California. Justin Sullivan | Getty Images As Apple celebrates its 50th anniversary, the company that’s defined consumer electronics since introducing the iPod, and that forever changed user behavior in creating the iPhone,…
Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle rose in premarket trading on Wednesday as the multinational tech conglomerate looks to cut thousands of jobs to free up cash to build AI data…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. It’s also April Fools’ Day, so be wary of those too-good-to-be-true company announcements today. Stock futures are rising this morning. The three major indexes staged a big rally yesterday, ending their tough month and quarter on a high note. Here…
Ranking member Sen. Elizabeth Warren, D-Mass., talks with the media before Treasury Secretary Scott Bessent testified during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Financial Stability Oversight Council’s Annual Report to Congress,” in Dirksen building on Thursday, Feb. 5, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elizabeth…
A Baidu Inc. Apollo Go autonomous driving electric vehicle displayed at the International Automotive and Supply Chain Expo in Hong Kong, June 12, 2025. Chan Long Hei | Bloomberg | Getty Images Baidu’s Apollo Go robotaxis reportedly stopped mid-traffic, trapping passengers and resulting in highway collisions on the streets of the Chinese city of Wuhan…
