WTI rises ahead of Fourth of July

WTI rises ahead of Fourth of July

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S., April 21, 2020.  Dronebase Dronebase | Reuters U.S. crude oil futures on Monday rose ahead of the Fourth of July holiday, after booking a 6% gain last month on the back of fears of a wider … Read more

Chewy shares rally 20% after SEC filing reveals ‘Roaring Kitty’ Keith Gill has 6.6% stake

Chewy shares rally 20% after SEC filing reveals ‘Roaring Kitty’ Keith Gill has 6.6% stake

Keith Gill, aka Roaring Kitty, hosting a YouTube livestream on June 7th, 2024. Source: Roaring Kitty | YouTube Shares of Chewy popped in premarket trading Monday after a Securities and Exchange Commission filing showed meme stock trader “Roaring Kitty” took a stake in the pet food e-commerce retailer. The filing showed Roaring Kitty, whose legal … Read more

French stocks jump 2.5% as far right takes election lead but seen falling short of majority

French stocks jump 2.5% as far right takes election lead but seen falling short of majority

From the left: French far-right Rassemblement National party President Jordan Bardella, France’s Prime Minister Gabriel Attal and French MP of left wing party La France Insoumise Manuel Bompard, prior to a political debate broadcasted on French TV channel TF1 on June 25, 2024. Dimitar Dilkoff | Afp | Getty Images French stocks staged a relief … Read more

U.S. seeks Boeing guilty plea

U.S. seeks Boeing guilty plea

The Dow Jones Industrial Average rose about 3.8% in the first six months of the year, lagging way behind the Nasdaq, up 18.1%, and the S&P 500, which jumped 14.5% — as investors plowed into artificial intelligence-related stocks. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC … Read more

Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal

Boeing agrees to buy fuselage maker Spirit AeroSystems in .7 billion deal

Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | Getty Images Boeing said Monday that it will buy back Spirit AeroSystems in an all-stock deal that the planemaker has said will improve safety and quality as it struggles with its latest manufacturing crises. … Read more

Asia’s best performing stock markets in H1 2024: Taiwan, Japan top list

Asia’s best performing stock markets in H1 2024: Taiwan, Japan top list

A screen displays stock figures at the Taiwan Stock Exchange Corp. headquarters in Taipei, Taiwan, on Monday, Jan. 15, 2024.  Bloomberg | Bloomberg | Getty Images Optimism in artificial intelligence drove up Taiwan’s stock market in the first of the 2024, making it the top performing market in Asia-Pacific so far this year. The Taiwan … Read more

U.S. plans to seek guilty plea from Boeing over fatal 737 Max crashes

U.S. plans to seek guilty plea from Boeing over fatal 737 Max crashes

The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB | Via Reuters U.S. prosecutors plan to seek a … Read more

China PMI, Japan Tankan, South Korea trade

China PMI, Japan Tankan, South Korea trade

SHANGHAI, CHINA – JANUARY 01: Sun rises over the Oriental Pearl Tower on New Year’s Day on January 1, 2023 in Shanghai, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Asia-Pacific markets are set to kick-start the second half of the year mixed as investors await business activity … Read more

Here are our top 3 and bottom 3 stocks during a divergent second quarter

Here are our top 3 and bottom 3 stocks during a divergent second quarter

It was another largely great quarter for the stock market — completing a strong first half of the year for the Dow Jones Industrial Average , the S & P 500 and the Nasdaq , all trading around record highs. The Nasdaq was the big winner of the second quarter, adding 8.26% over the past … Read more

Failure to meet surging energy demand will jeopardize economic growth, utility execs warn

Failure to meet surging energy demand will jeopardize economic growth, utility execs warn

The sun sets behind power lines near homes during a heat wave in Los Angeles, Sept. 6, 2022. Patrick T. Fallon | Afp | Getty Images The largest utility companies in the U.S. are warning that the nation is facing a surge of electricity demand unlike anything seen in decades, and failure to rapidly increase … Read more