Mega cap momentum concerns: What you need to know
The Investment Committee debates tech stocks as valuation concerns threaten to snap the NASDAQ’s four-day win streak.
FAA launches probe of Boeing 737 MAX 9 after midair blowout: ‘Cannot happen again’
The Federal Aviation Administration said Wednesday it is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel blew off an Alaska Airlines flight while in mid-air last week, forcing an emergency landing. The FAA has grounded 171 Boeing jets installed with the same panel after the landing, most of which are operated by carriers Alaska Airlines and United…
Circle confidentially files for IPO following banner year for crypto stocks
A woman holds a smartphone with the USD Coin logo displayed on the screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Circle, the issuer of the USDC stablecoin, has confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission, a little more than a year after terminating a…
Ex-China central banker accused of accepting ‘massive’ bribes admits to ‘huge mistake’
A disgraced former Chinese central banker admitting to making a “huge mistake” after being arrested last year on suspicion of bribery. Fan Yifei, 59, was the highest-ranking official at the People’s Bank of China when he was arrested under President Xi Jinping’s campaign to weed out the “flies and ants” in the financial, energy and…
Sanctioned Western tech is still entering Russia and powering its military machine, new analysis shows
Sefa Ozel | E+ | Getty Images Russia is still obtaining large volumes of Western technology critical to its war in Ukraine, even as sanctions show some sign of taking hold, new analysis shows. China, Hong Kong, Turkey and the United Arab Emirates have been increasingly important in funneling critical components to Russia, according to…
Michael Strahan finally explains ‘GMA’ absence: His 19-year-old’s brain cancer battle
“Good Morning America” anchor Michael Strahan has finally broken his silence on the personal matters that took him off the desk for several weeks last year. On Thursday, the former football star joined his 19-year-old daughter Isabella for a candid interview revealing her brain cancer diagnosis, which rocked her loved ones. Speaking to co-anchor Robin…
Netflix’s cheaper ad tier surges to 23M monthly active users: ad chief
Netflix has seen subscriptions for its lower-priced advertising tier soar — jumping by 8 million over the past two months, the company said. The streaming giant — which rolled out its Basic With Ads plan for $6.99 a month in November 2022 — has amassed more than 23 million global monthly active users, according to…
Google to layoff hundreds as big tech layoffs continue in 2024
© 2024 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Market Data Terms of Use and Disclaimers Data also provided by
Swedish defense officials criticized after warning public to prepare for war; Kyiv rejects idea of cease-fire
Estonia PM pledges more Ukraine aid, says similar from others could help Kyiv win war Estonian Prime Minister Kaja Kallas speaks during a joint press conference at the NATO headquarters in Brussels, Belgium on June 28, 2023. Anadolu Agency | Getty Images Estonian Prime Minister Kaja Kallas on Thursday announced a fresh 80 million euros…
German far-right met to plan ‘mass deportations’
Far-right politicians reportedly met at a villa near a lake outside Berlin to discuss their plans.
