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Lucid shares tumble following public offering of nearly 262.5 million shares
Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million…
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Eli Lilly is on a buying spree. Here’s what it means for investors like us
Eli Lilly (LLY) is wisely broadening out its drug pipeline through a series of acquisitions of smaller companies – the…
SBF’s actions were ‘flagrantly wrong,’ former FTX employee testifies
About five months before the crypto exchange FTX imploded, its CEO, Sam Bankman-Fried, met with a longtime friend and coworker…
Why borrowing costs for nearly everything are surging, and what it means for you
Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as…
Bosses want people back in the office, but employees are finding a workaround—it’s called ‘coffee badging’
Yannique Ivey may be going back to the office, but she's open about the fact that you won't catch her…
Apple rejected opportunities to buy Microsoft’s Bing, integrate with DuckDuckGo
Since 2017, Apple has turned down multiple opportunities to chip away at Google’s search engine dominance, according to newly unsealed…
Rivian shares sink 20% after the EV maker said it plans to raise $1.5 billion
Shares of Rivian Automotive were sharply lower in early trading Thursday, after the company surprised investors with a plan to…
Stocks making the biggest moves midday: Rivian, Orchard Therapeutics, Lamb Weston and more
Check out the companies making headlines in midday trading.Rivian Automotive — Rivian Automotive shares tanked 19% after the electric vehicle…
The Girl Scouts are discontinuing a cult-favorite cookie
The Girl Scouts are discontinuing a popular cookie just a year after its debut sparked a frenzy. Raspberry Rally won’t…
Stocks come under pressure, as the Club’s beer holding reports
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here's a…
Weight loss drugs may be linked to stomach paralysis, other rare but severe issues, study says
Blockbuster weight loss and diabetes drugs like Wegovy and Ozempic may be associated with an increased risk of three rare,…
Mortgage rates climb to 7.49%, hurting home sales
US mortgage rates climbed even higher this week, hitting 7.49% and pushing homeownership further out of reach for would-be homebuyers.…
Tyranny of the 10-year Treasury yield: Is Big Tech about to get a major valuation reset?
There are a lot of reasons to be negative now, Jim Cramer listed many of them in his recent Top…
George Santos former campaign treasurer to plead guilty in federal court
The former campaign treasurer to Rep. George Santos of New York will plead guilty Thursday in connection with a pending…
Ukraine says Russian strike kills 50 in one of the deadliest attacks of the war
A Russian missile strike killed at least 50 people in a village near the eastern Ukrainian city of Kupiansk on…
With Social Security trust funds ‘rapidly heading to zero,’ some ask whether the money should be invested in equities
The trust funds that Social Security relies on to pay benefits are "rapidly heading to zero," according to the Center…
Hyundai and Kia are the latest to switch to Tesla EV charging
South Korean automakers Kia, Hyundai and luxury auto brand Genesis announced Thursday that their electric vehicles in the United States…
JPMorgan upgrades this little-known regional bank with more than 45% upside
JPMorgan thinks it's time to buy shares of North Carolina-based regional bank Live Oak Bancshares . Analyst Steven Alexopoulos upgraded…
U.S. jobless claims increase slightly to 207,000 for the week
The U.S. labor market held strong as September came to a close, with weekly jobless claims holding around recent lows,…