BorgWarner secures new VCT engine contracts in Europe and China
BorgWarner has added to its variable cam timing (VCT) order book with fresh programme awards in Europe and China.
City & Markets
Here are three key takeaways from the disappointing July jobs report
Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals on how to process the latest jobs report.
Trump revives effort to fire Fed's Lisa Cook
President Donald Trump is "considering" firing Federal Reserve Board Governor Lisa Cook, the White House said this week, reviving an effort that had been stymied by the Supreme Court in June.
Stocks Rally on Earnings and Fed-Friendly US Payroll Report
The S&P 500 Index ($SPX) (SPY) today is up +0.37%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.89%. September E-mini S&P futures (ESU26…
Burger King overtakes Wendy's as the nation's second-largest burger chain
Burger King has overtaken Wendy's as the second-largest burger chain in the U.S. by systemwide sales, retaking its crown six years after losing it to the rival chain.
Chesky says Airbnb will spend ‘a lot more’ on AI as earnings beat and stock surges 15%
Airbnb shares surged 15% Friday after the company delivered one of its strongest growth quarters in years and raised its full-year outlook — a turnaround CEO Brian Chesky is directly crediting to arti…
I’m an unemployed software developer who is skeptical of AI. Can I still find a job in tech?
“What will AI mean for jobs?” may be the single most-asked question about the technology category that dominates Silicon Valley, pop culture, and our politics. Fears that AI will put us out of work ro…
ExxonMobil Buybacks and Dividends Support a 5.8% Shareholder Yield
ExxonMobil posted second-quarter 2026 earnings of $14.5 billion, or $3.48 per share, with adjusted earnings of $14.7 billion, or $3.52 per share. Revenue came in at $116.0 billion against a $97.7 bill…
Trump teased an Iran deal that didn't come, but markets soared. Here’s why it keeps happening
The Trump administration this week sparked enthusiasm that the U.S. and Iran could soon strike a deal on the Strait of Hormuz, driving down oil prices and sending stocks soaring — only for no deal to …
Cassidy supports Todd Blanche, rescuing Trump's embattled attorney general pick
Sen. Bill Cassidy, R-La., said Friday he will vote to confirm Todd Blanche as attorney general, giving President Donald Trump's embattled nominee a crucial vote after two other Senate Republicans anno…
Hog Traders Look to Friday, as Pork Gives into Pressure
Lean hog futures closed the Thursday session with contracts down 95 cents to $1.42. USDA’s national base hog price was reported at $98.30 on Thursday afternoon, down 71 cents from the day prior. The C…
Top Democrat proposes killing tax breaks for overseas oil production
Sen. Martin Heinrich will introduce a bill, shared exclusively with CNBC, to end tax breaks for U.S. oil and gas companies that operate overseas while the industry reaps massive profits as the war wit…
Kevin O’Leary, aka ‘Mr. Wonderful,’ on crypto, winning in AI and 3 things all business owners must know
What Kevin O’Leary learned from Steve Jobs: You only need to get three things done every day. Just three.
Stocks Settle Lower as Middle East Tensions Rise
The S&P 500 Index ($SPX) (SPY) closed down -0.18% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.85%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.39%. September E…
Solar stocks shine after Trump extends China tariffs to polysilicon products
U.S. solar stocks jumped in premarket trading Friday, after U.S. President Donald Trump opened a new front in his trade war with China, imposing new tariffs on imported products made from a key materi…
Why is Replimune stock volatile today?
Replimune Group Inc. stocks have been trading down by -18.66 percent following negative sentiment around its latest clinical trial outlook.
Optical stocks have a China problem that most investors are missing
Optical stocks have a China problem that most investors are missing Beijing controls a chokepoint that Washington’s own crackdown can’t address. Read at source
New Strong Sell Stocks for August 7th
IPG Photonics IPGP develops and manufactures high-performance fiber lasers, fiber amplifiers and diode lasers that are used for diverse applications, including materials processing, medical and advanc…
AMD and SanDisk Set a High Bar for Nvidia
Advanced Micro Devices (AMD) is set to report second-quarter earnings after the market closes on Tuesday, with Wall Street expecting adjusted earnings of $1.61 per share on revenue of $11.31 billion. …
Why is PENN Entertainment stock climbing today?
Looking back on consumer discretionary - casino operator stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including PENN Entertainment (NASDAQ:PENN) and its peers.
China's exports jump 23% in July, beating estimates, as AI-driven shipments surge
China's exports rose more than expected in July, though growth eased from June's blistering pace, with global demand for high-tech components helping absorb the country's goods.
Why is Marvell Technology stock surging today?
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Stocks Settle Lower as Middle East Tensions Rise
The S&P 500 Index ($SPX) (SPY) closed down -0.18% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.85%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.39%. September E…
The 72-hour crisis that could upend Meta’s business in India as firm risks losing legal protection
The tech behemoth briefly restricted a Facebook post by Prime Minister Narendra Modi addressing students during the Gen Z protests in July, just days after regulators summoned the company over concern…