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Cannabis shares are stirring after years of drift, buoyed by hopes for federal rules on hemp products and hints that President Donald Trump could soften policy on marijuana. Verano posted $203 million in revenue and a $4…
Newly unsealed court records reveal JPMorgan Chase filed a September 26, 2019 suspicious activity report flagging more than $1 billion in Jeffrey Epstein transactions from 2003 to 2019, including links to Alfa Bank and S…
The US plans to announce that Dutch chipmaker Nexperia BV, which has facilities in China, will resume shipping chips, according to a person familiar with the matter. The step follows a trade pact reached by Donald Trump …
Californians face steep premium hikes on the Covered California exchange as open enrollment begins Saturday, with federally subsidized plans set to jump 97% on average in 2026 if enhanced tax credits lapse amid the feder…
On his first visit to South Korea in 15 years, Nvidia CEO Jensen Huang unveiled an expanded partnership at APEC Summit 2025 to strengthen the nation’s AI infrastructure and physical AI. South Korea will secure over 260,0…
Amazon shares jumped 13% after a third quarter beat, posting $1.95 EPS on $180.27 billion in revenue versus $1.57 and $177.8 billion expected. AWS revenue hit $33 billion, topping estimates and accelerating 20.2% versus …
Automakers are navigating steep tariffs and supply snags, yet quarterly results show surprising resilience. Moody’s pegs this year’s industry tariff tab at $30 billion, even as chip shortages and an aluminum plant fire s…
With Halloween looming, the real fright is sticker shock: chocolate prices are up nearly 30% from last year and 78% over five years, pushing a 100-piece candy bag to $16.39 from $7.20 in 2020. Hershey and Mars raised pri…
Google, Meta, Microsoft and Amazon signaled no letup in AI outlays, lifting data center spending to meet surging demand. Google, Microsoft and Amazon together spent $112 billion on capex in the past three months; the fou…
At the APEC summit in Gyeongju, Chinese leader Xi Jinping pledged to defend global free trade and multilateral cooperation, urging stability in supply chains and collaboration on green industries. The two-day gathering w…
Three billionaires—Nvidia's Jensen Huang, Samsung's Lee Jae-yong and Hyundai's Chung Eui-sun—stunned patrons at Seoul’s Kkanbu Chicken by paying for everyone’s meal, handing out snacks and toasting with beer and soju ahe…
Apple’s iPhone generated $49.02 billion, narrowly missing the $49.33 billion Wall Street forecast. The stock fell 3% after the report before climbing 5% after hours. Executives said capex will rise in the holiday quarter…
Amazon cut 14,000 jobs this week, with CEO Andy Jassy saying the move was driven by culture rather than costs or AI. He outlined a push to raise performance standards, enforce discipline, and strip away layers that have …
Asian equities edged toward record levels as upbeat results from Amazon and Apple rekindled risk appetite, nudging US equity futures higher after a brief lull in the global rally. MSCI’s regional gauge rose 0.4% and Japa…
Canva unveiled Affinity by Canva, a single app that merges Photo, Designer, and Publisher, free to use with a Canva account while generative AI tools live behind its $120 per year plans. Version 3 runs natively on Intel …
American farmers welcomed China’s pledge to purchase at least 25 million metric tons of U.S. soybeans annually for the next three years, plus 12 million between now and January, but warned the move won’t fix rising costs…
Stocks slid Thursday as Meta plunged about 12% and Microsoft fell more than 3% despite solid results and higher spending plans. Jim Cramer called Meta’s drop a buy and the CNBC Investing Club lifted both Meta and Microso…
Meta shares sank more than 12% at Thursday’s open, putting the company on track for its steepest single-day slump in years after a nearly $16 billion tax charge knocked quarterly earnings below Wall Street forecasts. Mic…
Fifty years after William J. Brink penned the New York Daily News headline Ford to City: Drop Dead, its blunt force lingers. The line keeps resurfacing, from Montana’s Char-Koosta News to the New York Post, and in Trump-…
Eli Lilly posted third-quarter results that topped expectations and raised its outlook, sending shares up 5% premarket. Adjusted EPS reached $7.02 on revenue of $17.60 billion, beating estimates. The company now targets …
Stellantis warned of one-off charges in the second half as it navigates political, economic and regulatory pressures, yet reaffirmed guidance on improving revenue, cash flow and operating income. Third-quarter net revenu…
Starbucks posted a mixed fourth quarter: revenue rose 5.5% to $9.57 billion, topping forecasts, while adjusted EPS fell 35% to 52 cents, missing estimates. Global same-store sales grew 1%, beating expectations, with U.S.…
General Motors laid off roughly 1,700 workers in Michigan and Ohio, including about 1,200 at Detroit’s EV plant and 550 at Ultium Cells in Ohio, with 850 additional temporary layoffs there. The company will also temporar…
Boeing delayed first 777X deliveries to 2027 and took nearly $5bn in charges, bringing program costs to about $15bn, including customer penalties. Shares slipped 1% premarket; an industry analyst said the charge topped e…
Paramount’s cuts reached CBS News on Wednesday, canceling the streaming editions of CBS Mornings and CBS Evening News, overhauling CBS Saturday Morning, and shuttering the Johannesburg bureau. Nearly 100 CBS News staffer…