Satya Nadella, CEO of Microsoft, laughs as he attends a session at the World Economic Forum in Davos, Switzerland, on January 23, 2020. Denis Balibouse | Reuters Apple‘s 23% plunge over the past four trading sessions has again turned Microsoft into the world’s most valuable public company. As of Tuesday’s close, Microsoft is worth $2.64…
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025. Pavel Mikheyev | Reuters Crude oil futures fell Tuesday, adding to steep losses on fears that President Donald Trump’s sweeping tariffs will trigger a full-blown, global trade war. U.S. crude oil…
The U.S. needs more coal to meet growing electricity demand from artificial intelligence data centers and other industries, Energy Secretary Chris Wright said Tuesday. “If we want to grow America’s electricity production meaningfully over the next five or ten years, we [have] got to stop closing coal plants,” Wright told CNBC’s “Money Movers.” The energy…
Technology stocks bounced Tuesday after three rocky trading sessions, spurred by rising optimism that President Donald Trump could potentially negotiate tariff deals with world leaders. Nvidia led the Magnificent Seven group’s gains, rallying about 7%. Meta Platforms, Amazon, Tesla, Apple and Microsoft jumped at least 4% each. Alphabet rose about 3%. The sector is coming…
Walgreens on Tuesday reported fiscal second-quarter earnings and revenue that topped expectations, as the retail drugstore giant benefits from cost cuts and prepares to go private. The company is in the process of being taken private by Sycamore Partners in a roughly $10 billion deal that is expected to close in the fourth quarter of…
Nintendo on Wednesday unveiled details for the Switch 2. It’ll include a bigger screen and controllers and is a faster version than its predecessor, which sold more than 150 million units since its 2017 release. The Switch 2 will hit store shelves on June 5 for $449.99, up from $300 for the original Switch. Like…
Starting May 7, United States flyers won’t be able to board a domestic plane unless they have a Real ID. They won’t be able to access certain federal facilities or enter a nuclear power plant. Not sure you have a Real ID? Look at your current drivers license or state identification card. If it’s Real…
The Chinese flag flies in Tiananmen square, as seen from the Great Hall of the People where meetings of the National People’s Congress continued in Beijing on March 6, 2025. Greg Baker | Afp | Getty Images China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs, and vowed to…
An angle view of the new Chevrolet Corvette concept car. GM DETROIT — General Motors on Monday revealed a new all-electric Chevrolet Corvette concept car as part of the opening of a new design studio in England. The car features a sleek, aerodynamic exterior that resembles a futuristic IMSA race car more than a traditional Corvette, but…
CNBC’s Jim Cramer said on Monday that although he believes an economic recession is on the horizon, investors should stay the course rather than panic and sell. President Donald Trump’s new tariffs continued to roil stocks on Monday, with the Dow Jones Industrial Average posting a record-high intraday swing of 2,595 points before closing down…
