WTI rises as Mideast tensions outweigh soft demand

WTI rises as Mideast tensions outweigh soft demand

Platform Ellen and Elly, offshore oil and gas platforms operated by Beta Operating Company LLC, off the coast of Long Beach, California, US, on Thursday, Nov. 2, 2023.  Eric Thayer | Bloomberg | Getty Images Crude oil futures held firm on Thursday as fears of war between Israel and the Iran-backed militia Hezbollah overshadowed soft … Read more

France’s shock election has rattled nerves and raised debt crisis talk

France’s shock election has rattled nerves and raised debt crisis talk

Poster of Christophe Versini for the Rassemblement National (National Rally) party, with Marine Le Pen and Jordan Bardella on it, on June 24, 2024.  Magali Cohen | Afp | Getty Images The sell-off in French stocks and government bonds after President Emmanuel Macron called a shock parliamentary election may have eased — but investors remain … Read more

Micron slides, Amazon’s $2 trillion

Micron slides, Amazon’s  trillion

A trader works on the floor of the New York Stock Exchange (NYSE) during morning trading on March 4, 2024 in New York City.  Angela Weiss | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more

Amazon enters $2 trillion club

Micron slides, Amazon’s  trillion

Traders walk the floor during morning trading at the New York Stock Exchange on May 14, 2024. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what … Read more

Yen hits near 38-year low overnight

Yen hits near 38-year low overnight

Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened lower on Thursday, as the Japanese yen weakened to a near 38-year low late Wednesday, hitting 160.82 against the U.S. dollar, according to … Read more

Trump Media closes up nearly 8%, continuing post-sell-off rally

Trump Media closes up nearly 8%, continuing post-sell-off rally

A smartphone displays the logo of Donald Trump’s Truth Social app on March 25, 2024. Anna Barclay | Getty Images Shares of Trump Media & Technology Group closed up nearly 8% on Wednesday, adding to the stock’s post-sell-off rally. The stock initially sank more than 6% mid-morning but closed up 7.92% at $39.25 per share … Read more

All 31 banks pass annual exercise

All 31 banks pass annual exercise

Federal Reserve Board Vice Chair for Supervision Michael Barr testifies before a House Financial Services Committee hearing on the response to the recent bank failures of Silicon Valley Bank and Signature Bank, on Capitol Hill in Washington, March 29, 2023. Kevin Lamarque | Reuters The Federal Reserve said Wednesday that the biggest banks operating in … Read more

Morgan Stanley OpenAI-powered assistant to roll out for wealth advisors

Morgan Stanley OpenAI-powered assistant to roll out for wealth advisors

Bing Guan | Bloomberg | Getty Images Morgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expected to take over thousands of hours of labor for the bank’s financial advisors. The assistant, called Debrief, keeps detailed logs of advisors’ meetings and automatically creates draft emails and summaries … Read more

Jim Cramer’s top 10 things to watch in the stock market Wednesday

Jim Cramer’s top 10 things to watch in the stock market Wednesday

My top 10 things to watch Wednesday, June 26 The S & P 500 and Nasdaq are seeking another positive day after snapping three-session losing streaks Tuesday. After a few days out of favor, Nvidia soared nearly 7% to help boost the indexes. However, the Dow ‘s five-day winning streak came to an end Tuesday. … Read more

WTI rises as traders wait for U.S. inventory data

WTI rises as traders wait for U.S. inventory data

Crude oil futures rose Wednesday as investors wait for the latest U.S. inventory data for indications of how gasoline demand is holding up as summer. Oil prices pulled back Tuesday as the recent rally paused, but West Texas Intermediate and Brent are ahead 5.9% and 4.9% for the month as analysts expect summer fuel demand … Read more