Economy

CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. The Amazon logo for Project Kuiper is displayed on a mobile phone. Nurphoto | Nurphoto | Getty Images Overview: Amazon plays catch-up with SpaceX in satellite internet race Last […]

Japan’s benchmark Nikkei 225 notched a record high of 44,396.95 on Thursday, mirroring gains on Wall Street overnight on Fed-rate cut hopes and positive inflation data. The index subsequently pared some gains, adding 1.22% to close at 44,372.5. One of Nikkei 255’s heavyweights, tech investment firm SoftBank Group, jumped past 10% to notch a second […]

CNBC’s Jim Cramer explained why he thinks newly-minted IPO Clear is a buy even after shares climbed during its first trading session. “While Klarna roared right out of the gate, the stock hasn’t gone to an insane valuation yet. I think the numbers look good, so I think it can be bought at these levels,” […]

And CNBC’s “Squawk Box” celebrates its 30th anniversary, Jim Cramer reminisced about the mood on Wall Street back then. He said more investors at that time were excited about individual stocks and optimistic about making money in the market, but he suggested that attitude is returning to today’s landscape. “Those early days of Squawk Box […]

A manhunt for the killer of conservative political activist Charlie Kirk expanded late Wednesday, after authorities said two people who were detained and questioned about the shooting had been released because they did not have any links to the crime. Kirk was assassinated earlier in the day by a gunman as he spoke to a […]

Keith Rabois of Khosla Ventures attends Day 3 of TechCrunch Disrupt SF 2013 at San Francisco Design Center on September 11, 2013 in San Francisco, California. Steve Jennings | Getty Images Open -handed the online real estate platform that’s seen a surge of retail investor interest in recent months, said Wednesday that it’s tapped former […]

Tesla CEO and X owner Elon Musk, who supports Republican presidential nominee former U.S. President Donald Trump, gestures as he speaks about voting during an America PAC Town Hall in Folsom, Pennsylvania, U.S., October 17, 2024. Rachel Wisniewski | Reuters A Pennsylvania federal judge on Friday returned to state court a lawsuit against billionaire Elon […]

CEO of Nvidia, Jensen Huang, speaks during the launch of the supercomputer Gefion, where the new AI supercomputer has been established in collaboration with EIFO and NVIDIA at Vilhelm Lauritzen Terminal in Kastrup, Denmark October 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia is replacing rival chipmaker Intel in the Dow […]

CNBC’s Jim Cramer on Friday walked investors through next week’s market action, highlighting the Federal Reserve’s next meeting and earnings from Super Micro Computer. Despite the slew of earnings next week, Cramer said the presidential election will steal Wall Street’s attention. “Even with all these earnings reports coming next week, at the end of the […]

The outcome of the U.S. presidential election on Nov. 5 won’t affect oil production levels in the short to medium term, Exxon CEO Darren Woods told CNBC on Friday. Former President Donald Trump has called for unconstrained oil and gas production to lower energy prices and fight inflation, boiling his energy policy down to three […]