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Santoli’s Wednesday market wrap-up: Ability to absorb unwind of AI-infrastructure trade being tested

by CNBC Markets | December 18, 2025 1:29 pm | US Markets

Efforts to rotate away from danger by moving to banks, value stocks and consumer cyclicals are hitting some near-term limits.

Edinburgh Worldwide Investment Trust urges shareholders to throw out Boaz Weinstein’s bid to overhaul board

by CNBC Markets | December 18, 2025 1:28 pm | US Markets

The Baillie Gifford-run trust faces a boardroom battle with activist investor Boaz Weinstein’s Saba Capital.

Three holds and a cut? Europe’s central banks are about to make their final calls of 2025

by CNBC Markets | December 18, 2025 1:26 pm | US Markets

The European Central Bank, Bank of England, Riksbank and Norges Bank all meet on Thursday.

U.S. approves largest ever arms sale to Taiwan as tensions simmer around the island

by CNBC Markets | December 18, 2025 11:11 am | US Markets

The package consists of items like artillery systems, antitank missiles, as well as spare parts for helicopters and anti-ship missiles.

November’s inflation report is the first to be released after the shutdown. Here’s what to expect

by CNBC Markets | December 18, 2025 6:11 am | US Markets

November’s CPI report is expected to show the annual inflation rate at 3.1%, according to economists polled by Dow Jones.

U.S. admits liability in Army helicopter collision with American Airlines jet that killed 67 people

by CNBC Markets | December 18, 2025 6:10 am | US Markets

The U.S. admitted fault in the deadly Army Black Hawk helicopter collision on Jan. 29 that killed all 67 people on board.

From Starbucks to Burger King: Why Western food giants are selling large stakes to Chinese private equity funds

by CNBC Markets | December 18, 2025 5:04 am | US Markets

Starbucks and Burger King are betting big on a partnership model that’s gaining traction in China, divesting stakes to local PE firms as competition intensifies.

Trump to address the nation live on Wednesday night

by CNBC Markets | December 18, 2025 5:04 am | US Markets

President Trump will address the nation Wednesday as his approval ratings are dipping according to several polls.

Micron forecasts surging revenue as computer memory demand for AI remains high

by CNBC Markets | December 18, 2025 4:04 am | US Markets

The high demand for memory has driven Micron shares higher and they are up 168% in 2025.

Epstein accomplice Ghislaine Maxwell petitions to vacate sex crime conviction

by CNBC Markets | December 18, 2025 4:04 am | US Markets

The habeas petition by Ghislaine Maxwell comes two day before a deadline for the Department of Justice to release files about Jeffrey Epstein.

Oracle stock dips 5% as Blue Owl Capital pulls out of funding $10 billion data center

by CNBC Markets | December 18, 2025 3:02 am | US Markets

The cloud company later said the project was moving forward and “on schedule,” but that Blue Owl was not part of equity talks.

Delta president Glen Hauenstein, who helped turn airline into industry profit leader, to retire in February

by CNBC Markets | December 18, 2025 3:02 am | US Markets

Delta’s president, Glen Hauenstein, who helped turn Delta into the country’s premium-travel leader, is retiring after 20 years.

FBI Deputy Director Dan Bongino plans to step down early next year, MS NOW reports

by CNBC Markets | December 18, 2025 1:06 am | US Markets

Bongino had been selected by President Donald Trump for the high-profile law enforcement job despite him having no prior FBI experience.

FCC chief Brendan Carr tells Senate that his agency is ‘not formally … independent’

by CNBC Markets | December 18, 2025 1:05 am | US Markets

FCC chairman Brendan Carr testified to a congressional committee for the first time since ABC suspended Jimmy Kimmel’s show following a Carr threat.

Amazon says AI chief Rohit Prasad is leaving, Peter DeSantis to lead ‘AGI’ group

by CNBC Markets | December 18, 2025 1:05 am | US Markets

Rohit Prasad, a top Amazon executive overseeing its artificial general intelligence unit, is leaving at the end of this year, the company confirmed.

Medical supply firm Medline jumps more than 25% in debut after biggest IPO of 2025

by CNBC Markets | December 18, 2025 12:06 am | US Markets

Medline priced at $29 per share on Tuesday, raising $6.26 billion to cap off a strong year for new listings and bolster optimism about 2026.

Medical supply firm Medline set to debut after biggest IPO of 2025

by CNBC Markets | December 17, 2025 11:22 pm | US Markets

Medline priced at $29 per share on Tuesday, raising $6.26 billion to cap off a strong year for new listings and bolster optimism about 2026.

Trump vowed to block tankers carrying Venezuela’s oil — nearly a dozen are at sea right now

by CNBC Markets | December 17, 2025 11:22 pm | US Markets

One of the tankers, Skipper, was seized by the American forces in the Caribbean last week in a sharp escalation by the Trump administration.

ACA subsidies extension to get vote after 4 Republicans buck leadership

by CNBC Markets | December 17, 2025 10:11 pm | US Markets

Millions of Americans will face much higher health insurance premiums in 2026 if Congress does not extend boosted subsidies for Obamacare plans.

Oracle stock dips 6% on report Blue Owl Capital won’t back $10 billion data center

by CNBC Markets | December 17, 2025 10:10 pm | US Markets

The cloud company later said the project was moving forward and “on schedule,” but that Blue Owl was not part of equity talks.
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