Software stocks have been in the headlines lately for all the wrong reasons — namely the iShares Expanded Tech-Software Sector ETF (IGV) . Of course, IGV is driven by its holdings, and its largest component is a name we know well: Microsoft (MSFT) . The stock has fallen roughly 26% from the intraday high reached on Oct. 28 to…
Bitcoin signage in Times Square in New York, US, on Tuesday, Dec. 9, 2025. Michael Nagle | Bloomberg | Getty Images Bitcoin nearly touched the $72,000 mark on Wednesday, marking the second straight day of its massive retreat this week. The world’s oldest cryptocurrency sank as low as $72,096.20, plunging more than 5% on the day….
The Microsoft logo and lettering can be seen on the Microsoft Deutschland GmbH headquarters building in Parkstadt Schwabing in Munich. Matthias Balk | Picture Alliance | Getty Images Microsoft said Wednesday that top security leader Charlie Bell will take on a new role and that Hayete Gallot will return to the company to run security…
Senator Tim Scott, a Republican from South Carolina and chairman of Senate Banking, Housing, and Urban Affairs Committee, during a confirmation hearing in Washington, DC, US, on Thursday, Oct. 30, 2025. Eric Lee | Bloomberg | Getty Images Sen. Tim Scott, R-S.C., said Wednesday he does not think Federal Reserve Chairman Jerome Powell committed any…
You know all about the Power 6 conferences in college basketball. You hear about those more than any other, and those groups often dominate the March Madness conversation. There are 31 other conferences out there, however, and our goal is to get you up to speed on the teams, players and fights in the standings…
Demonstrators hold signs during a rally for health-care funding outside the U.S. Capitol in Washington, Sept. 30, 2025. Photographer: Graeme Sloan/Bloomberg via Getty Images Millions of people are likely to drop their health insurance now that enhanced premium subsidies for consumers who buy coverage on the Affordable Care Act marketplace have expired. That could increase…
Tankers docked at the Phillips 66 Freeport Terminal in Freeport, Texas, US, on Friday, Jan. 16, 2026. Mark Felix | Bloomberg | Getty Images Crude oil prices jumped about 3% on Wednesday following a report that planned talks between the U.S. and Iran are on the verge of collapsing. U.S. crude oil rose $1.80, or…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were attempting to shake off continued fears that AI disruption could undermine traditional enterprise software companies. Some of the high-multiple names hit hardest in recent sessions, including Club…
Treasury Secretary Scott Bessent sparred with Democratic members of the House Financial Services Committee on Wednesday, with one calling him a “flunky” for failing to criticize investment from United Arab Emirates officials in the Trump family’s cryptocurrency venture. Rep. Gregory Meeks, D-N.Y., probed Bessent on alleged conflicts of interest and lack of transparency related to…
NEW YORK — This year, the Puppy Bowl isn’t just about puppies. Older dogs are getting some attention, too. There will be a halftime showdown between Team Oldies and Team Goldies, offering a showcase for senior dogs as a reminder that they also need adoption and love. “Everyone wants the puppy and, unfortunately, the reality…
