Vcg | Visual China Group | Getty Images Shares of Applied Digital rose more than 40% after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers. Nvidia-backed CoreWeave climbed more than 7% following the announcement. Financial terms of the two agreements were not provided, but Applied Digital said…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. The S & P 500 fell on the first trading day of June after a weekend of no progress on China trade talks. In fact, China refuted President Donald Trump…
A worker arranges cans of Campbell’s soup on a supermarket shelf in San Rafael, California. Getty Images Campbell’s has seen customers prepare their own meals at the highest rate in about half a decade, offering the latest sign of everyday people tightening their wallets amid economic concerns. “Consumers are cooking at home at the highest…
The Cleveland Cliffs Cleveland Works steel mill facility in Cleveland, Ohio, US, on Sunday, Oct. 20, 2024. Dustin Franz | Bloomberg | Getty Images Major steel stocks jumped Monday following President Donald Trump hiked tariffs tied to the metal. Shares of mining company Cleveland-Cliffs popped roughly 25% in premarket trading following the announcement, while Steel…
The Washington H Soul Pattinson logo is seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Stocks of Australian investment firm Washington H. Soul Pattinson, also known as Soul Patts, and its affiliate Brickworks surged after both companies announced a A$14 billion ($9 billion) merger. Shares of Soul Patts traded 13.78%…
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images President Donald Trump lauded billionaire Elon Musk on Friday as the Tesla CEO wrapped up his time in government service after four…
White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | Reuters National Economic Council director Kevin Hassett suggested on Sunday that President Donald Trump and China’s President Xi Jinping could have a conversation about trade as soon as this week. Hassett…
Tracee Ellis Ross, actress and daughter of music icon Diana Ross, is known for her bubbly personality, and seems to keep an optimistic attitude while juggling her responsibilities. “I feel like my natural state is joyful, and yet I work at it,” Ross, 52, said during the New York Times Well Festival earlier this month….
President Donald Trump speaks to supporters during a rally at the US Steel-Irvin Works on May 30, 2025 in West Mifflin, Pennsylvania. Jeff Swensen | Getty Images The European Union on Saturday criticized President Donald Trump’s move to double tariffs on steel imports, warning that it “undermines” efforts to reach a “negotiated solution” in the…
Taylor Swift’s Eras Tour shattered records, spawned a blockbuster hit concert film and made the pop singer a billionaire. Now, she credits the nearly two-year tour with helping her “greatest dream come true”: becoming the owner of all of her music. Swift on Friday announced that she had purchased the master recordings of her first…
