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How bitcoin price’s newest source of long-term support is evolving

by CNBC Markets | June 12, 2025 11:06 pm | US Markets

Bitcoin will increasingly receive support from financial advisors and other institutions as crypto ETFs are adopted on a more deliberate pace by big investors.

Oracle shares pop 15% to record high on earnings beat, cloud optimism

by CNBC Markets | June 12, 2025 11:05 pm | US Markets

Oracle’s outlook was better than expected, leading many analysts to lift their price targets on the stock.

Why Apple, Microsoft, Pfizer and other U.S. multinational corporations set up shop in Ireland

by CNBC Markets | June 12, 2025 10:05 pm | US Markets

U.S. firms remain attracted to Ireland’s strong business environment built on favorable tax treatment of intellectual property.

Trump calls Fed chief Powell ‘numbskull’ as he urges interest rate cut

by CNBC Markets | June 12, 2025 10:04 pm | US Markets

President Donald Trump’s attack on Powell over interest rates came after Vice President JD Vance and Commerce Secretary Howard Lutnick also targeted him.

Here are the three reasons why tariffs have yet to drive inflation higher

by CNBC Markets | June 12, 2025 9:04 pm | US Markets

President Donald Trump’s tariffs have yet to show up in any of the traditional data points measuring inflation.

Watch live: Trump signs resolutions to roll back California’s EV plans

by CNBC Markets | June 12, 2025 9:04 pm | US Markets

The three resolutions are part of Trump’s broader repeal of Biden-era rules to promote electric vehicle and green energy adoption.

Why uranium mining is having a resurgence in the United States

by CNBC Markets | June 12, 2025 6:04 pm | US Markets

As demand for energy skyrockets amid an AI push, uranium miners are ramping up domestic production of the mineral used to fuel nuclear reactors.

Stock futures fall as Trump threatens unilateral tariffs: Live updates

by CNBC Markets | June 12, 2025 5:08 pm | US Markets

Wednesday marked a losing session on Wall Street, with the S&P 500 snapping its three-day win streak, as did the Nasdaq Composite.

Air India Boeing 787 bound for London with 242 aboard crashes after takeoff in India

by CNBC Markets | June 12, 2025 4:06 pm | US Markets

The plane was a Boeing 787 Dreamliner, according to flight-tracking site FlightRadar24.

UK economy shrank sharply in April as Trump tariffs and tax rises kicked in

by CNBC Markets | June 12, 2025 4:06 pm | US Markets

The U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday.

Meta files lawsuit against developer of CrushAI ‘nudify’ app

by CNBC Markets | June 12, 2025 4:06 pm | US Markets

The lawsuit is against Joy Timeline HK Limited, which used Meta ads to promote an app that uses AI to take a photo of someone and create nude imagery of them.

BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets

by CNBC Markets | June 12, 2025 2:08 pm | US Markets

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover candidate.

Stock futures slip after S&P 500 ends three-day win streak: Live updates

by CNBC Markets | June 12, 2025 12:09 pm | US Markets

Wednesday marked a losing session on Wall Street, with the S&P 500 snapping its three-day win streak, as did the Nasdaq Composite.

Databricks says annualized revenue will reach $3.7 billion by next month

by CNBC Markets | June 12, 2025 8:06 am | US Markets

Databricks told investors and analysts on Wednesday that annualized revenue will hit $3.7 billion by July, with 50% year-over-year growth.

Elon Musk’s favorability among Republicans dropped 16 points since March, Quinnipiac says

by CNBC Markets | June 12, 2025 7:06 am | US Markets

The Tesla CEO’s favorability scores have declined among GOP voters, according to public opinion survey results from Quinnipiac University.

PBS, NPR funding on the line as House nears final vote on $9.4 billion in DOGE-backed cuts

by CNBC Markets | June 12, 2025 6:08 am | US Markets

Passage would solidify DOGE-backed cuts, but some Republicans are uneasy about the programs being targeted, including the Corporation for Public Broadcasting.

Government can’t hold Columbia activist Mahmoud Khalil, federal judge rules

by CNBC Markets | June 12, 2025 4:04 am | US Markets

He has been detained since his arrest in March. The government has argued that the U.S. secretary of state can “personally determine” whether Khalil should remain in the country.

Oracle shares climb 8% as earnings, revenue top estimates

by CNBC Markets | June 12, 2025 2:04 am | US Markets

Oracle reported better-than-expected results for the latest quarter on Wednesday.

Small retailers on ‘vacation from hell’ as they seek clarity on Trump’s China tariffs

by CNBC Markets | June 12, 2025 2:04 am | US Markets

While President’s Trump’s 90-day tariff pause has helped boost the stock market after a brutal April, small businesses are still suffering from the uncertainty.

Bessent floats extending tariff pause for countries in ‘good faith’ trade talks

by CNBC Markets | June 12, 2025 2:04 am | US Markets

President Trump’s officials have repeatedly said that they are nearing trade deals with a number of countries, without releasing specifics of most of them.
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