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Finance
As Putin and Xi meet, the power dynamics between Russia and China keep the West guessing
China's President Xi Jinping and Russia's President Vladimir Putin attend the opening ceremony of the third Belt and Road Forum for International Cooperation at the Great Hall of…
Xi welcomes Putin to China as both leaders seek to bolster strategic ties
Chinese leader Xi Jinping welcomed Russian President Vladimir Putin in Beijing on May 16, 2024 as both countries seek to bolster their strategic relationship. Seen here is a file…
Palo Alto nears a key test that could break it out of Wall Street’s penalty box
Palo Alto Networks is clawing its way back after a brutal earnings sell-off in February, and Wall Street analysts say the cybersecurity company's earnings next week will justify…
CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago
Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that would suggest a cut in interest rates is imminent.The…
Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China.CNBC | Evelyn ChengSHANGHAI — Chinese electric car company Nio…
The S&P 500 hits a new record. Here’s how we think investors should respond
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 Wednesday's key moments. U.S. stocks jumped Wednesday…
Denim stocks can benefit with Western style in vogue, TD Cowen says
A renaissance in Western styles can boost stocks that specialize in denim, according to TD Cowen. Analyst Oliver Chen hailed the jean-fabric category as a strong performer that…
Stocks making the biggest moves after hours: Chubb, Cisco Systems, Palo Alto Networks and more
Check out the companies making headlines in extended trading. Chubb — The property and casualty insurer gained nearly 6% after Berkshire Hathaway revealed it has bought nearly 26…
Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential stock it’s been buying
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBCWarren Buffett finally revealed his secret stock pick in a…
Netflix ad-supported tier has 40 million monthly users, nearly double previous count
Rafael Enrique | Lightrocket | Getty ImagesNetflix's cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday.That's nearly double…