The iPhone Duo enters China’s crowded foldable market
New Apple CEO John Ternus holds the new foldable iPhone Duo during Apple’s event at the Steve Jobs Theater in Cupertino, California, U.S. Sept. 9, 2026. Carlos Barria | Reuters Apple‘s first folding phone is getting a tepid response Chinese…
Jim Cramer says this is the key force driving stocks right now
CNBC’s Jim Cramer said Thursday investors trying to understand the latest pressure on stocks should pay close attention to the 30-year Treasury yield. «The long bond, the 30-year Treasury, is in charge of everything,» the «Mad Money» host said.…
Ford announces $1 billion investment at Kentucky plant
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial Kentucky Truck Plant. The facility, which Ford has called…
Airbnb’s Chesky: ‘Surf the wave’ of AI rather than get swallowed by it
The Goldman Sachs Communacopia + Technology Conference continued on Thursday with Nvidia CEO Jensen Huang, Uber CEO Dara Khosrowshahi, and SpaceX CFO Bret Johnsen among the notable names set to take the stage. Artificial intelligence has been a big topic…
Oracle (ORCL) Q1 earnings report 2027
Oracle shares jumped 7% in extended trading on Thursday after the software vendor issued stronger-than-expected quarterly results. Here’s how the company performed relative to LSEG consensus: Earnings per share: $1.92 adjusted vs. $1.74 expected…
OpenAI ChatGPT for Financial Services targets work of junior bankers
OpenAI is taking aim at some of Wall Street’s most labor-intensive tasks with a new version of ChatGPT designed to research companies, analyze financial data and generate the presentations that investment bankers rely on. The product unveiled…
Elon Musk’s Boring Co. turns to UAE for growth, hits $23B valuation
Elon Musk has expanded a number of his companies within Texas, including Tesla, SpaceX, the Boring Co. and Neuralink. Tesla broke ground on a lithium refinery in Texas earlier this year with Governor Greg Abbott in attendance. Christophe Gateau | Picture…
Income alternatives to bonds as interest rates rise
Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American (AMEX) in New York City, U.S., Sept. 8, 2026. Brendan McDermid | Reuters For some investors, uncertainty in the bond market and a relentless rise in rates…
Starbucks is back, CEO Brian Niccol says. Here is what he’s focused on next
Since becoming Starbucks CEO two years ago and launching a turnaround of the struggling coffee chain, Brian Niccol said the company is ready to move into its next phase. «The shine is back on Starbucks,» Niccol declared in a CNBC interview Thursday.…
Our top 3 stocks that bucked the market’s recent pullback — plus, a look at the bottom 3
Stocks moved lower since our last CNBC Investing Club Monthly Meeting as renewed inflation concerns, sparked by rising oil prices, sent Treasury yields higher — a toxic mix for the market. In early Thursday trading, it was much of the same, with Iran war…