An Islamic Revolutionary Guard Corps (IRGC) speed boat sailing along the Persian Gulf near a cargo vessel. Nurphoto | Nurphoto | Getty Images With oil prices at levels not seen in years and global business supply chains across sectors of the economy shut down by the de facto closure of the Strait of Hormuz, faith…
Apple announces an iPhone launch on Sept. 9. Courtesy: Apple Apple on Tuesday sent invites to the media and analysts for a launch event at its campus on September 9 at 10 A.M pacific time. The tagline on the invite is: “Awe dropping.” Apple is expected to release new iPhones, as it usually does in…
Bank of America see significant upside ahead of hot AI stock LegalZoom . Analyst Michael McGovern upgraded the online legal services provider from underperform to buy and raised his price target by $4 to $12. His new target on the stock — which already is up 11.5% this year — suggests shares can jump 43%….
People dine inside during the opening of the Tesla Diner and Drive-In restaurant and Supercharger on Santa Monica Blvd in the Hollywood neighborhood Los Angeles, California on July 21, 2025. Patrick T. Fallon | Afp | Getty Images Elon Musk’s flagship Tesla Diner opened Monday in Hollywood, California, and the CEO is already eyeing expansion…
For Tesla supplier Contemporary Amperex Technology , selling battery packs to major electric companies is just the start of its ambitions. “We believe the company is not just a hardware manufacturer, but it will also be a software ecosystem provider,” Morgan Stanley analysts led by Jack Lu said in a report Wednesday. They pointed to…
Check out the companies making headlines before the bell. Nike — Shares of the sneaker giant jumped 10% after Nike posted fiscal fourth-quarter results that beat expectations and said it expects profit and sales declines to moderate in the future. Nike said it has already taken its biggest financial hit from its turnaround efforts, and…
Iran security chief Ali Larijani rejects U.S. talks, blames Trump for chaos Iran’s security chief Ali Larijani attends a ceremony by the Lebanese Shiite movement Hezbollah marking the first anniversary of Israel’s assassination of their longtime leader Hassan Nasrallah, in Beirut’s southern suburbs on September 27, 2025. Anwar Amro | Afp | Getty Images Iran’s…
Jim Boyle, Medline CEO, celebrates with others as medical supplies giant Medline (MDLN) holds it’s IPO at Nasdaq stock market site in Times Square in New York City, U.S., December 17, 2025. Shannon Stapleton | Reuters A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative…
This report is from this week’s CNBC’s “Inside India” newsletter. Like what you see? You can subscribe here. The big story If refineries are the oil industry’s children, India’s got plenty of mouths to feed — and U.S. tariff threats over Russian crude are imperiling a distinctly affordable meal ticket. This week, U.S. President Donald Trump…
Doug McIntyre Soccer Journalist Lionel Messi limped out of Inter Miami’s Leagues Cup match against Mexican club Necaxa after just 10 minutes on Saturday with an apparent leg injury. Messi was sent tumbling to the turf four minutes earlier, when he was involved in a collision with Necaxa defender Alexis Pena at the top of…
