Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest reported first-quarter earnings on Monday that beat on the top and bottom lines. Shares soared 17% after the report. Here’s…
Cuba suffered a widespread power cut on March 16, 2026, according to the national electricity company, against the backdrop of a severe crisis on the island caused by the US energy blockade. Yamil Lage | Afp | Getty Images Cuba’s power grid collapsed Saturday, leaving the country without electricity for a third time in March…
Locked in a standoff with Iran that will break only when economic pain is no longer tolerable, President Donald Trump may have to maintain his naval blockade against Iran for weeks — forcing serious economic consequences on the world. Trump said Wednesday that he will keep the U.S. blockade against Iran in place until it…
Nvidia showed CNBC its latest Vera CPU at its Santa Clara, California, headquarters on Feb. 13, 2026. Marc Ganley | CNBC Nvidia‘s graphics processing units have been the hottest-selling chips for years, but the sudden advent of agentic artificial intelligence has brought on a renaissance for its more modest host chip, the central processing unit….
All eyes are on the megacap growth earnings tonight and tomorrow, including five of the MAG 7 stocks. Here’s what you need to know from a chart point of view. A familiar bullish chart formation First, let’s take a close look at the MAGS ETF , itself. Similar to the SPX , NDX , and XLK ,…
Congress is weighing a bill that would send Americans hundreds of dollars in the form of tariff rebate checks — similar to the pandemic stimulus checks — in potential efforts to soften the financial blow of the administration’s new tariffs. The current version of the bill promises “at least” $600 for every adult and dependent…
Picture taken on September 4, 2023 shows windmills at the Nysted Offshore Wind Farm constructed by Danish windpower giant Orsted in 2002-2003 in the Baltic Sea near Gedser in Denmark. Thomas Traasdahl | Afp | Getty Images Norwegian oil giant Equinor on Monday pledged to support Denmark’s Orsted with almost $1 billion of fresh capital,…
Traders work at the New York Stock Exchange on March 9, 2026. NYSE What you need to know today Oil prices extended declines Tuesday as investors assessed comments from U.S. President Donald Trump on a possible early end to the war as well as his warning to ramp up attacks on Tehran if it prevented…
The Basketball Tournament has officially crowned a new champion, with Aftershocks (Wichita State’s alumni team) walking away with the $1 million winner-take-all prize on Sunday after defeating Eberlein Drive by double digits. Here’s a recap of Sunday night’s TBT action! Aftershocks 82, Eberlein Drive 67 Aftershocks was the first and last team to score on…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Chris Miller, author of the book “Chip War,” warned three years ago that the balance of modern power hinges on a semiconductor supply chain crossing…
