Economy

David Einhorn speaking at the 2024 Sohn Conference in New York City on April 3, 2024. Adam Jeffery | CNBC Shares of Peloton spiked more than 11% on Wednesday after Greenlight Capital’s David Einhorn said shares of the company are significantly undervalued, CNBC has learned. Einhorn made the pitch at the Robin Hood Investors Conference. […]

Jakub Porzycki | NurPhoto | Getty Images Ether tumbled to start the week, erasing gains from its Jackson Hole rally after hitting a fresh record over the weekend. On Monday, the price of the second largest cryptocurrency fell 8% to $4,431.60, according to Coin Metrics. On Sunday, it rose to an all-time high of $4,954.81 […]

View of an offshore wind energy park during a press moment of Orsted, on Tuesday 06 August 2024, on the transportation of goods with Heavy Lift Cargo Drones to the offshore wind turbines in the Borssele 1 and 2 wind farm in Zeeland, Netherlands. Nicolas Maeterlinck | AFP | Getty Images Shares in wind farm […]

Michael M. Santiago | Getty Images From American Eagle to Swatchbrands appear to be making a lot of blunders lately. When actress Sydney Sweeney’s jeans campaign came out last month, critics lambasted the wordplay of good “jeans” and “genes” as tone deaf with nefarious undertones. For its part, American Eagle said the ad “is and […]

NEW YORK, NY – SEPTEMBER 12: Logos for Chinese electric car company NIO are displayed at a trading post on the floor of the opening bell at the New York Stock Exchange (NYSE), September 12, 2018 in New York City. The Shanghai-based electric car company opened for trading at $6 per share. (Photo by Drew […]

The Merlion statue in the central business district of Singapore, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Singapore’s inflation cooled to a lower-than-expected 0.6% in July, as the city-state braced for slower growth later this year. This was lower than the 0.7% expected by economists polled by Reuters, and was also […]

Following a sharp slide from its mid-July record highs, Nvidia (NVDA) seems to be coming back into favor ahead of its quarterly release Wednesday evening. It’s hard to even fathom the words “back in favor,” considering the stock has more than tripled in 2023. But before last Monday’s 7% gain and this Monday’s more than… […]

Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019.Kena Betancur | Getty ImagesZoom shares rose as much as 8% in extended trading on Monday after the video-calling software provider announced fiscal second-quarter results that exceeded analysts’ expectations.Here’s how the company did: Earnings: $1.34 per share, adjusted,… […]

Former U.S. president and 2024 presidential hopeful Donald Trump leaves after speaking at the Iowa State Fair in Des Moines, Iowa, Aug. 12, 2023.Stefani Reynolds | AFP | Getty ImagesA judge set former U.S. President Donald Trump’s bond at $200,000 in the Georgia criminal case accusing him of conspiring to overturn his loss in the… […]

Nikesh Arora, Palo Alto NetworksAdam Galica | CNBCShares of Palo Alto Networks rose more nearly 15% Monday, continuing a rally that began when the security software vendor reported stronger-than-expected fiscal fourth-quarter earnings last week.The company reported adjusted quarterly earnings per share of $1.44 versus a Refinitiv analyst consensus of $1.28 per share. While Palo Alto… […]