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Markets

Oracle reports earnings after the bell. Where Jim Cramer is on the stock

by Francesco Algarotti

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks were higher to kick off …

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Bitcoin briefly dips under $25,000 ahead of fresh inflation data

by Claribel Alegria

The cryptocurrency market fell to start the week as traders turned their focus to new inflation data and digested the latest in the SEC’s legal battle with Ripple. Bitcoin fell …

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RTX to take $3 billion charge on Pratt & Whitney engine problem

by Leila Aboulela

Model of a Pratt & Whitney GTF engine is displayed at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023.  Benoit Tessier | …

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Instacart seeks up to $7.7 billion valuation in IPO

by Claribel Alegria

FALMOUTH, MA – APRIL 8: Instacart shopper Loralyn Geggatt makes a delivery to a customer’s home during the COVID-19 pandemic in Falmouth, MA on April 7, 2020. Some Amazon, Instacart …

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Chinese EV brands Nio, Xpeng, Li Auto keep pace with Q3 guidance

by Francesco Algarotti

Pictured here is a Nio pop-up store in Shanghai, China, on Aug. 4, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese electric car companies Nio, Xpeng and Li …

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The CEO of engineering group ABB is ‘pretty pessimistic’ on China

by Lotfi Akalay

The CEO of Swedish-Swiss multinational industrial and engineering group ABB said he has been “disappointed” by the state of the Chinese market, adding he expects conditions will prove challenging for …

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Europe’s biggest carmakers brace for China’s EV challenge

by Francesco Algarotti

BMW CEO Oliver Zipse speaks during the presentation of the new BMW “New Class” during an event ahead of the IAA motor show in Munich. Picture Alliance | Picture Alliance …

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Here’s how a union strike could impact Ford and what Cramer thinks

by Francesco Algarotti

High-stakes negotiations between the United Auto Workers and Detroit automakers could lead to a strike later this month, putting added pressure on already beaten-down shares of Ford Motor (F). The …

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Ripple buys crypto infrastructure startup in its second acquisition of 2023

by Claribel Alegria

Cryptocurrency company Ripple announced on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure, giving it a license in Nevada and allowing it to expand beyond its …

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International travel surges while domestic airfares, hotel rates lag

by Leila Aboulela

Women pose for a photo while holding an ice cream at Trevi fountain during hot weather as a heat wave hits Europe in Rome, Italy, July 19, 2022.  Guglielmo Mangiapane …

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