(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) Reassuring results from Micron breathed life back into the AI-infrastructure theme while a cool CPI reading allowed investors concerned about a hawkish Fed to exhale, allowing for a relief bounce in the indexes…
DAIKIN PARK (Houston) – Team USA has kept its hopes of avenging that loss to Japan in the 2023 World Baseball Classic Championship Game. It has work to do to get back to that point, though, starting against a Canada team that has a different defeat to avenge. Tonight’s WBC quarterfinals bout at the home…
An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images State-owned refiners in India are still buying Russian oil, even as New Delhi seeks relief from U.S. tariffs imposed for those purchases, according to energy analysts. The U.S. imposed a “secondary” 25% tariff on Indian goods in…
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The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images China’s stock market rebound may be showing signs of strain as renewed U.S.-China trade tensions threaten to derail investor optimism. After months of relative calm, Washington’s fresh warnings over Beijing’s rare earth export controls…
FILE PHOTO: Russian Minister of Transport Roman Starovoit arrives at a meeting of President Vladimir Putin with Venezuelan President Nicolas Maduro at the Kremlin in Moscow, Russia, May 7, 2025. Maxim Shemetov | Reuters Russia’s sacked transport minister has been found dead in his car outside Moscow with a gunshot wound and the principal hypothesis…
It’s no secret that the health care sector has been on fire recently. The XLV ETF is now up approximately 25% from its August low and is the leading sector within the S & P 500 over both the one-month and three-month periods. The percent move alone is impressive, but from our perspective, it’s far more important to examine how it’s…
Check out the companies making headlines in midday trading: GE Vernova — Shares jumped 14% as strong power demand outweighed the impact of President Donald Trump’s tariffs. GE Vernova has raised its full-year guidance after a strong first half and said the tariff impact will likely come in at the low end of $300 million…
INDIANAPOLIS – Presumptive No. 1 overall pick Fernando Mendoza and the quarterbacks headlined Friday’s media sessions at the 2026 NFL Scouting Combine. And on the field, the tight ends and defensive back prospects went through drills on the second day of workouts. Here are our takeaways from Day 4 of the combine: 1. Mendoza continues…
Qnity Electronics delivered “the single best quarter that I have seen from the semiconductors” on Thursday, Jim Cramer said. Given the beats across the board and a sunnier outlook, it’s a take that’s hard to argue with. Revenue in the first quarter increased 17.6% from a year ago to $1.32 billion, outpacing the $1.27 billion…
