Finance
Canada’s Prime Minister Mark Carney waves next to U.S. President Donald Trump at the White House in Washington, D.C., U.S., Oct. 7, 2025. Evelyn Hockstein | Reuters This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1….
Tesla CEO Elon Musk lashed out at the leading shareholder advisors on Wednesday, shining a spotlight into a corner of Wall Street that wields enormous influence among the largest institutional investors. Musk said proxy advisors Institutional Shareholder Services and Glass Lewis “have no freaking clue” after ISS last week recommended shareholders reject Musk’s near $1…
The timing is set for President Trump’s closely watched summit with Chinese President Xi Jinping, the first face-to-face meeting of the two leaders during Trump’s second term. The two will meet next Thursday in South Korea. “Thursday morning, local time, President Trump will participate in a bilateral meeting with President Xi of the People’s Republic…
Though the Great Crash of 1929 preceded the Great Depression, weak banks and a shaky property market were bigger contributors to the downturn which wiped 90% off stocks. If the artificial intelligence boom deflates, leveraged real estate and private credit may be the weak links. Source link
Packages of Beyond Meat burgers and Beyond Beef. (Bloomberg) — The resurrection of Beyond Meat Inc.’s meme status not only lifted the producer of meatless burger patties from record lows, but also incited a frenzy of retail trading activity. Most Read from Bloomberg Do-it-yourself investors traded furiously in Beyond Meat, quantum computing stocks, crypto-linked firms…
Trump and Defense Secretary Pete Hegseth touted recent lethal strikes on boats that they allege are carrying drugs to the United States as a successful way to deter alleged drug traffickers from entering the country. “We will find you, we will map your networks, we will hunt you down, and we will kill you,” Hegseth…
Ukraine’s leader welcomed a raft of new economic sanctions against Russia being imposed by the Trump administration and the European Union on Thursday, calling the increased pressure on Moscow “very important.” CBS News correspondent Ramy Inocencio says the new U.S. sanctions, announced by the Treasury on Wednesday, essentially block Americans from dealing with anyone at…
Thursday, October 23, 2025 Market indexes put in a solid day today, fighting off pre-market lows and extending gains in the afternoon hours, despite rounding off session highs by the closing bell. The Dow added +144 points, +0.31%, while the S&P 500 was +39, +0.58%. The Nasdaq grew +201 points, +0.89% while the small-cap Russell…
QuantumScape reported earnings, but something more important was the highlight. QuantumScape (QS +7.95%) wants to revolutionize electric vehicle (EV) battery technology. The company is developing next-generation solid-state lithium-metal battery technology that it hopes will become the EV standard in the coming years. The company just released its third-quarter update, and two important things stood out….
MANILA, Philippines (AP) — Asian shares were mostly higher Friday after the White House confirmed plans for President Donald Trump… MANILA, Philippines (AP) — Asian shares were mostly higher Friday after the White House confirmed plans for President Donald Trump to meet with Chinese leader Xi Jinping next week. The confirmation reduced some of the…