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Trump’s pharmaceutical tariffs could affect some drugmakers more than others

by CNBC Markets | July 30, 2025 1:04 am | US Markets

AbbVie, Bristol Myers Squibb and Eli Lilly appear “relatively well-positioned,” while Novartis and Roche look more at risk, TD Cowen analyst Steve Scala said.

The Fed is unlikely to cut rates, but this week’s meeting is packed with intrigue

by CNBC Markets | July 30, 2025 1:04 am | US Markets

Considering nothing is likely to happen when it comes to major policy decisions, the meeting promises several fascinating subplots.

CyberArk pops on report of $20B+ acquisition talks with Palo Alto Networks

by CNBC Markets | July 30, 2025 12:09 am | US Markets

Palo Alto Networks CEO Nikesh Arora has been on a buying spree in recent years, but CyberArk would represent by far his biggest bet.

Trump approval needed to extend U.S.-China tariff pause, negotiators say

by CNBC Markets | July 30, 2025 12:09 am | US Markets

The U.S. and China had agreed to pause most of the sky-high tariffs on each others’ goods amid trade negotiations – but that pause is set to expire in August.

United Airlines flight attendants reject contract with immediate raises of at least 26%

by CNBC Markets | July 30, 2025 12:06 am | US Markets

United Airlines and the flight attendants’ union had reached a tentative agreement for a new labor deal in May.

CyberArk’s stock jumps on report Palo Alto Networks in talks to buy company for over $20 billion

by CNBC Markets | July 29, 2025 11:04 pm | US Markets

Palo Alto Networks CEO Nikesh Arora has been on a buying spree in recent years, but CyberArk would represent by far his biggest bet.

Real estate developers say affordable housing could soon become more profitable

by CNBC Markets | July 29, 2025 11:04 pm | US Markets

Housing developers have said it’s too expensive to put up quality, low-income apartments. Jonathan Rose said relief may be on the way.

NFL employee seriously injured in shooting at NYC headquarters

by CNBC Markets | July 29, 2025 10:05 pm | US Markets

NFL Commissioner Roger Goodell said 1 league employee is seriously injured after a gunman opened fire at 345 Park Ave.

Trump’s trade deals for ‘the world’ will be ‘done by Friday,’ but China will take longer: Lutnick

by CNBC Markets | July 29, 2025 9:08 pm | US Markets

The Commerce secretary suggested on CNBC’s “Squawk Box” that President Trump has repeatedly rejected potential deals in pursuit of better terms for the U.S.

Walmart, MLS ink partnership to capitalize on growing U.S. soccer fandom

by CNBC Markets | July 29, 2025 8:09 pm | US Markets

Walmart and Major League Soccer have entered into a multiyear partnership as both look to capitalize on the 2026 World Cup and MLS’ young, diverse fanbase.

AstraZeneca CEO doubles down on U.S. amid rumors of listing shift

by CNBC Markets | July 29, 2025 8:09 pm | US Markets

AstraZeneca CEO Pascal Soriot said the U.K.-listed company had many reasons to be in the U.S., adding that it was “rapidly transferring manufacturing” across the Atlantic.

Apple opens manufacturing academy in Detroit as Trump ramps up pressure to invest in U.S.

by CNBC Markets | July 29, 2025 7:10 pm | US Markets

The Apple Manufacturing Academy is opening in downtown Detroit, with a focus on artificial intelligence.

Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds

by CNBC Markets | July 29, 2025 7:10 pm | US Markets

It’s a virtual three-way tie to replace Fed Chair Jerome Powell as Fed chair when his term expires.

Meta’s AI spending spree is Wall Street’s focus in second-quarter earnings

by CNBC Markets | July 29, 2025 6:09 pm | US Markets

Meta investors will be scrutinizing CEO Mark Zuckerberg’s AI hiring blitz during the company’s second-quarter earnings on Wednesday.

Rare earths are China’s bargaining chip in the trade war — the U.S. is trying to fix that

by CNBC Markets | July 29, 2025 6:08 pm | US Markets

China mines around 70% and processes around 90% of rare earths. The U.S. is hoping to change that with investment in the domestic rare earth supply chain.

Novo Nordisk shares plunge 17% after Wegovy-maker cuts full-year guidance

by CNBC Markets | July 29, 2025 5:11 pm | US Markets

Danish pharmaceutical giant Novo Nordisk on Tuesday cuts its full-year sales and profit guidance.

PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates

by CNBC Markets | July 29, 2025 5:11 pm | US Markets

PayPal topped Wall Street estimates for the quarter and raised full-year guidance, as CEO Alex Chriss pushes profitability over volume.

Boeing slashes losses as CEO touts ‘our turnaround year’

by CNBC Markets | July 29, 2025 5:11 pm | US Markets

Boeing slashed its quarterly losses as sales jumped after it delivered the most airplanes since 2018.

Merck plans $3 billion cost cuts by end of 2027, narrows full-year outlook

by CNBC Markets | July 29, 2025 4:09 pm | US Markets

The multi-year effort comes as Merck prepares to offset revenue losses from the upcoming patent expiration of its blockbuster cancer drug Keytruda.

UnitedHealth says 2025 earnings will be worse than expected as high medical costs dog insurers

by CNBC Markets | July 29, 2025 4:08 pm | US Markets

UnitedHealth’s 2025 earnings guidance fell well short of Wall Street estimates, in the latest setback for the company.
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