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Eli Lilly’s obesity pill led to around 12% weight loss in closely watched late-stage trial; shares drop

by CNBC Markets | August 7, 2025 5:07 pm | US Markets

Eli Lilly’s pill, orforglipron, is one step closer to becoming the first new, needle-free alternative in the booming market for weight loss and diabetes drugs.

Trump’s ‘reciprocal’ tariffs come into effect, hitting dozens of U.S. trading partners

by CNBC Markets | August 7, 2025 1:18 pm | US Markets

Many of the U.S.’ trading partners now face higher tariffs on their exports to the country.

India’s $434 billion merchandise exports engine: What’s at stake as Trump doubles tariffs to 50%

by CNBC Markets | August 7, 2025 1:17 pm | US Markets

Analysts warn that the higher U.S. tariffs risk substantially diminishing the allure of Indian exports to the U.S., compared to regional peers.

Trump’s 100% chip tariff threat leaves more questions than answers

by CNBC Markets | August 7, 2025 1:17 pm | US Markets

U.S. President Donald Trump has divulged more of his semiconductor tariff plans, but his latest threats create as many questions than answers. 

European stocks broadly higher amid more tariff news; BOE and earnings ahead

by CNBC Markets | August 7, 2025 1:17 pm | US Markets

Join CNBC for live updates on European markets.

World’s largest olive oil producer gives upbeat outlook after historic industry crisis

by CNBC Markets | August 7, 2025 12:11 pm | US Markets

Spain’s Deoleo, the world’s largest olive oil producer, says the industry is gradually recovering from one of the most challenging moments in its history.

Trump vows 100% tariff on chips, unless companies are building in the U.S.

by CNBC Markets | August 7, 2025 4:06 am | US Markets

President Donald Trump said he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that are “building in the United States.”

Airbnb beats on top and bottom lines for second quarter

by CNBC Markets | August 7, 2025 4:05 am | US Markets

Airbnb’s revenue increased 13% from a year earlier, topping estimates.

E.l.f. Beauty’s profits fall 30% as China tariffs weigh on bottom line

by CNBC Markets | August 7, 2025 4:05 am | US Markets

E.l.f. Beauty sources about 75% of its products from China and the cost of new tariffs is weighing on its bottom line.

Apple and Trump detail $100 billion U.S. spending expansion, including $2.5 billion for an iPhone glass factory

by CNBC Markets | August 7, 2025 3:04 am | US Markets

Apple on Wednesday announced it will spend an additional $100 billion on U.S. companies and suppliers over the next four years.

Watch live: Apple CEO Cook joins Trump for investment announcement at White House

by CNBC Markets | August 7, 2025 2:04 am | US Markets

Apple is set to raise its U.S. investment to $600 billion over the next four years, a White House official told CNBC.

DoorDash shares rise on earnings, revenue beat

by CNBC Markets | August 7, 2025 2:04 am | US Markets

DoorDash reported better-than-expected results and said total orders increased 20%.

Amazon’s Zoox robotaxi unit clears regulatory hurdle, safety probe

by CNBC Markets | August 7, 2025 2:04 am | US Markets

As part of the move, the National Highway Traffic Safety Administration closed a 2023 probe into Zoox’s self-certification process.

Trump contorts timeline of jobs report revisions in effort to justify firing BLS chief

by CNBC Markets | August 7, 2025 2:04 am | US Markets

Trump’s firing of the BLS commissioner has raised fears that government employment data, used to make major economic policy decisions, will become politicized.

Trump faces a variety of choices as he seeks to fill Fed vacancies

by CNBC Markets | August 7, 2025 1:06 am | US Markets

Fed Governor Adriana Kugler’s surprise resignation last week brought back a scenario that seemed to be fading.

Apple shares pop 5% ahead of Trump-Cook investment announcement at White House

by CNBC Markets | August 7, 2025 12:00 am | US Markets

Apple is set to up its U.S. investment to $600 billion over the next four years, a White House official told CNBC.

5 soldiers shot at Fort Stewart military base in Georgia, Army says

by CNBC Markets | August 6, 2025 11:11 pm | US Markets

Five soldiers were shot after an active shooter opened fire at Fort Stewart military base in east Georgia, the Army said.

Trump raises India tariffs to 50% over Russian oil purchases

by CNBC Markets | August 6, 2025 9:02 pm | US Markets

Trump last week said that goods from India would be subject to a tariff of 25%, in addition to a “penalty” over the country’s purchase of military equipment and energy from Russia.

Why India is in Trump’s crosshairs when crude is not even sanctioned

by CNBC Markets | August 6, 2025 9:02 pm | US Markets

If India were to stop buying Russian oil today, global crude prices would jump, industry sources in the Indian petroleum sector told CNBC,

Super Micro stock sinks 20% after earnings, outlook disappoint

by CNBC Markets | August 6, 2025 9:02 pm | US Markets

CEO Charles Liang said the company is taking steps to “reduce the impact” of President Donald Trump’s tariffs.
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