India to raise up to $3.3 billion by selling LIC stake at 10% discount
The LIC logo looms above a couple of passersby in Mumbai in India last week. The IPO of the biggest payer in life insurance in the country is expected to fetch $2.7 billion in the country’s biggest IPO so far. Punit Paranjpe | Afp | Getty Images…
Big Tech’s Anthropic and OpenAI stakes distort corporate earnings
India Prime Minister Narendra Modi, left, with OpenAI CEO Sam Altman, center, and Anthropic CEO Dario Amodei at the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | Afp | Getty Images Tech companies’ venture capital portfolios are…
CNBC’s The China Connection newsletter: AI wins create investor risks
The China Securities Regulatory Commission building in Beijing on July 20, 2026. Sopa Images | Lightrocket | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what…
Fed may be pulled into Bessent’s effort to support Japan’s yen: Analysis
The Federal Reserve may soon be drawn into the Trump administration’s efforts to back the embattled currency of U.S. ally Japan. Treasury Secretary Scott Bessent wants the apolitical Fed to expand a lending facility that would enable Japan to…
Palantir (PLTR) earnings Q2 2026
Palantir topped second-quarter earnings estimates on Monday and said commercial revenue more than doubled from a year ago. The stock surged 12% after the numbers were released. Here’s how the company did versus LSEG estimates: Earnings per share:…
Snap Q2 2026 earnings report
Evan Speigel, CEO of Snap, speaks with CNBC on June 16th, 2026. CNBC Snap reported better-than-expected revenue and earnings for the second quarter and issued a forecast for the current period that topped analysts’ estimates. The stock jumped over…
Trump says Exxon and Chevron made ‘too much money’ during Iran conflict
President Donald Trump said Monday that ExxonMobil and Chevron made «too much money» on rising crude oil prices due to the Iran war. «They’re making too much money based on a shortage,» Trump told reporters at the White House. «I don’t like…
Imax stock: ‘The Odyssey’ fuels all-time high
Imax is on a winning streak, and it has Christopher Nolan to thank. Shares of the entertainment technology company hit an all-time high Monday as it continues to haul in box office receipts from Nolan’s «The Odyssey.» Imax CEO Rich Gelfond said…
Cyclospora outbreak: First two deaths reported in Michigan
Technician holding a specimen container with stool sample for cyclospora test. Md Babul Hosen | Istock | Getty Images Michigan health authorities on Monday reported the first two deaths from the ongoing cyclospora outbreak. The Michigan Health Department…
Amazon tops $3 trillion market cap as stock continues to surge
Shares of Amazon hit a new all-time high on Monday, putting its market cap over the $3 trillion threshold for the first time following a better-than-expected earnings report last week. Monday’s new record is the best day for Amazon since May 5.…