France pulled $15B in gold from US vaults, and more European countries may follow. Is a global currency shift coming?
Earlier this year, France pulled off a financial maneuver that turned old gold into billions.
City & Markets
U.S. military says it has completed the latest round of strikes against Iran, amid more disruptions to shipping
The U.S. military said early Saturday it ended a seventh straight night of strikes against Iran, as Kuwait and Bahrain reported attacks by Iranian projectiles and commercial shipping continued to face…
Forget gasoline: Why the price surge in this under-the-radar fuel is the real threat to the U.S. economy
The U.S. announced the names of four soldiers who were killed by an Iranian drone on Sunday. The leader of the U.S. Central Command said more than 50,000 troops, 200 fighters, two aircraft carriers an…
World Cup audience stayed bipartisan despite Trump's prominent role, CNBC survey finds
President Donald Trump made the World Cup one of the most visible political stages of his second term. But the tournament's U.S. audience remained strikingly bipartisan, according to the latest CNBC A…
My mom has no savings, but needs assisted living. Are Social Security and Medicaid enough?
Older adults in the U.S. are sounding the alarm on their concerns about the healthcare system. The John A. Hartford Foundation reports that 56% of older adults say it is difficult and stressful to nav…
How a homegrown Chinese chip maker became the memory industry’s biggest wild card
There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the…
Korean beauty products are becoming mainstream in the U.S. Why there may be even more growth ahead
On opening weekend, the leading South Korean beauty retailer's new store in Pasadena, California, had 6,000 customers move through its doors, and it currently sees an average of more than 1,600 visito…
Google Cloud Revenue Grew 63% Last Quarter. Here's Why That Number Matters More Than Alphabet's Ad Business Right Now.
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is a digital advertising juggernaut. That goes without saying. In the first quarter, it collected $77.3 billion in ad revenue, up 16% year over year and represe…
Iran renews attacks on Gulf states after another night of US strikes
The United States and Iran traded another round of overnight attacks as fighting spread across the Gulf, with Tehran claiming strikes on military, intelligence and fuel-support facilities in Bahrain a…
Meta and Anthropic Discuss $10B AI Infrastructure Agreement
Meta Platforms Inc. (NASDAQ: $META) is in talks to lease as much as $10 billion of computing capacity to Anthropic, opening a possible path into the AI cloud market as demand for chips and data center…
Cattle Continues Slide into the Weekend on Weaker Cash and Beef
Live cattle futures posted losses of 97 cents to $2.67 across most contracts on Friday. August was down $10.77 this week. Cash trade settled in at $238-240 in the north this week, with Southern trade …
Robinhood Targets 27.6M Customers as Chain Moves Beyond Memecoin Rush
Robinhood Markets (NASDAQ: $HOOD) is trying to turn its 27.6 million funded customers into an onchain distribution advantage as Robinhood Chain moves beyond its opening burst of memecoin trading.
Meet Kimi K3, the newest Chinese AI model haunting Silicon Valley
A high bar is set for Q2 results. Plus: A sector that could surprise, what to watch in big bank earnings, and the World Cup’s effect on the US economy.
Wheat Strengthens into the Friday Close
The wheat complex was in rally mode to close out the week, finishing higher in all three exchanges. Chicago SRW contracts were 4 ¾ to 9 ½ cents higher across most contracts, with September up 42 ½ cen…
US military says it completed latest strikes on Iran, marking 7th consecutive night of attacks
Follow updates on the war in the Middle East for Wednesday, July 15, here. See earlier developments below.
Stocks Finish Sharply Lower as Tech Stocks Slump
The S&P 500 Index ($SPX) (SPY) on Friday closed down -1.01%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.49%. September E-m…
Corn Sees a Late Push to Close Near the Highs on Friday
Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5 ¼ cents higher on the week with December up 6 1/2.…
Databricks' 40% valuation bump looks 'almost quaint' next to Anthropic
When Databricks closes its new funding round, its valuation will get a 40% bump since it last raised capital in February.
Cotton Futures Fade into the Weekend
Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil was up another $3.50 per barrel, with the US do…
How your winning stock-index fund can turn on a dime
In the first full budget since Labor's landslide election victory last year, the government is putting some money back in workers' pockets and increasing taxes on investors.
The average stock is having a moment as semiconductors struggle. It’s a sign of a healthy market.
After spending much of the past year trading comfortably above six figures and reaching a peak above $126,000 in October (1), the world's largest cryptocurrency appeared to have settled into a period …
Cadence Design Systems Enters Oversold Territory (CDNS)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a tec…
Oversold Conditions For Cerence (CRNC)
In trading on Friday, shares of Cerence Inc (Symbol: CRNC) entered into oversold territory, hitting an RSI reading of 29.5, after changing hands as low as $8.37 per share. By comparison, the current R…
Cotton Slipping Lower on Friday
Cotton futures are heading 87 to 99 points lower so far on Friday, amid some outside market pressure. December cotton futures expire today. The outside markets are pressure factors, with the US dollar…