Ken Griffin of Citadel in a letter to clients on Friday addressed for the first time the firm's purchase of assets from Leopold Aschenbrenner's Situational Awareness hedge fund.
Broadcom is in talks to raise upwards of $70 billion to $80 billion in debt for a chip financing deal aimed at supporting artificial intelligence companies including Anthropic, CNBC's David Faber confirmed Thursday morn…
Q3 2026 saw a 21% revenue increase and improved gross margin, driven by equipment sales and higher royalties. Adjusted EBITDA loss narrowed significantly, while new international agreements expanded the technology's rea…
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Financial Select Sector SPDR Fund, where 37,500,000 units were destroyed, or a 3…
Hyundai Motor is considering expanding production capacity at its Georgia assembly plant from 500,000 vehicles annually to between 700,000 and 800,000 units by 2028, CEO José Muñoz told CNBC on Thursday. The South Korea…
The U.S. military has helped tankers transport more than 660 million barrels of crude oil through the Strait of Hormuz since early May, Central Command told CNBC this week.
Extreme Networks (EXTR) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted f…
The change has forced eight of the league's 20 clubs to find new front-of-shirt partners for the 2026/27 season, putting some of the most valuable advertising real estate in global sports on the market at the same time.
Russia and Ukraine continue to attack one another's port infrastructure, blocking shipments from the "breadbasket of Europe" and driving up wheat prices, and adding to a grim cocktail of factors afflicting global food s…
Oil prices eased Friday but remained on track for a second consecutive week of gains, as hopes of a swift reopening of the Strait of Hormuz continued to fade.
The S&P 500 Index ($SPX) (SPY) closed down by -0.87% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -1.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.72%. E-mini S&P futures (E…
The technology sector experienced its most severe pullback of 2026 in early June, with the Nasdaq Composite plunging 4% on June 5th alone—marking its worst single-day decline since April 2025. The semiconductor industry…
Longer-dated U.S. government bond yields steadied on Friday, as investor jitters over the Treasury Department's extended debt repurchase program and soaring national debt continue to weigh on markets.
Bitcoin was on track for a weekly gain of around 20% early on Friday, following a spate of positive developments for the world's largest cryptocurrency.
The dollar index (DXY00) recovered from a 3-month low on Thursday and finished up +0.08%. Short covering emerged in the dollar on Thursday amid better-than-expected US economic news, including weekly jobless claims, the…
Lean hog futures saw losses of 25 cents to $1.27 in the front months on Thursday, with the deferreds mixed. USDA’s national base hog price was reported at $92.34 in the Thursday PM report, up 24 cents from the day prior…
The U.S. government's efforts to manage pressure in the Treasury market may merely shift the problem down the road as a surge in global debt issuance tests investor demand, according to JPMorgan.
Cotton futures posted marginally mixed trade on Thursday, with contracts down 10 points to 44 points higher. Crude oil was up $2.32 with the US dollar index $0.054 higher.
Corn futures closed the Thursday session holding onto most of the intraday gains, up 1 to 5 ¾ cents across the front months. The CmdtyView national average Cash Corn price was up 5 ½ cents at $4.50.
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