Devon Energy’s Jackfish Projects processing plant in Alberta, Canada. Jimmy Jeong | Bloomberg | Getty Images U.S. shale producers Devon Energy and Coterra Energy are set to merge in a $58 billion all-stock deal to create one of the largest independent shale producers in the country, the companies said on Monday. A merger between Devon…
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Marc Benioff, chief executive officer of Salesforce Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Salesforce shares slipped 3% in extended trading on Wednesday after the customer service software maker reported healthy results and boosted its long-range revenue goal, although its…
U.S. President Donald Trump speaks as he and Canada’s Prime Minister Mark Carney (not pictured) meet in the Oval Office at the White House in Washington, D.C., U.S., Oct. 7, 2025. Evelyn Hockstein | Reuters President Donald Trump suggested Tuesday that some federal workers who have been furloughed during the government shutdown will not receive…
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CNBC’s Jim Cramer on Thursday explained why he thinks high-flying tech stocks Apple, Meta and Tesla have “stalled” recently, with all three up about 10% for the year. After the Federal Reserve made its third consecutive interest rate cut this week, large hedge funds and money managers bought stocks known to benefit from lower rates,…
The merger between HDFC Bank and HDFC now makes the entity the world’s fourth largest bank. Nurphoto | Nurphoto | Getty Images Shares of India’s HDFC Bank slid 5% Thursday after Atanu Chakraborty, its part‑time chairman, resigned after flagging governance and ethical concerns within the institution. During an investor call on Thursday, interim part‑time chairman,…
We know the groups for the 2026 World Cup, so let’s fill you in on the players to watch. The World Cup draw took place on Friday in Washington, and we know every country’s path to glory next summer across the United States, Canada and Mexico. With 48 teams in the field this year, though,…
Memory shortages. Way behind on AI. Tariff troubles. None of that seems to matter to Apple. It keeps selling tons of iPhones — bucking expectations, especially in China. iPhone sales in China surged 23% during the first nine weeks of 2026, in contrast to a 4% year-over-year decline in the entire smartphone market there, according…
CNBC’s Jim Cramer on Friday told investors what to look out for next week on Wall Street, including new economic data and earnings from FedEx and manufacturer Jabil. He also remarked on this week’s big decline in tech stocks. He said he still believes in the power of artificial intelligence and suggested some of these…
