Trump’s South Korea tariff cuts are major boost for Hyundai and GM
American flags flutter outside a Hyundai automobile dealership in Irvine, California, U.S., March 27, 2025. Mike Blake | Reuters DETROIT — Hyundai Motor and General Motors are set to be two of the greatest beneficiaries of lower U.S. tariffs on imports, including vehicles, from South Korea. The South Korean-based automaker Continue Reading
Stocks making the biggest moves after hours: CRM, FIVE, AI
Check out the companies making headlines in after-hours trading. Salesforce — Shares of the software company rose more than 5% in extended trading after Salesforce posted mixed third-quarter results , but guided its fourth-quarter revenue higher. Salesforce earned $3.25 per share, excluding items, in the latest quarter, topping the LSEG estimate Continue Reading
Why Redfin CEO Glenn Kelman expects a ‘great housing reset’ in 2026
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s “Money Movers” team discusses the housing market and what perspective buyers may be able to expect in 2026 with Redfin CEO Glenn Kelman.
Stocks making the biggest midday moves: MSFT, NFLX, MRVL, GTLB
Check out the companies making the biggest moves midday: Genius Sports — The sports analytics company jumped 8% after setting lofty 2028 targets at its investor day. Genius sees ” group revenue ” totaling $1.2 billion by then, along with free cash flow of $220 million. Netflix — Shares declined Continue Reading
Families could get see higher electric bills if AI data boom goes bust
Homes near a data center in Ashburn, Virginia, US, on Friday, July 25, 2025. Bloomberg | Bloomberg | Getty Images Data centers that haven’t been built yet are driving up electricity prices and could leave consumers on the hook for expensive power infrastructure if demand projections are wrong. The race Continue Reading
Trump administration to announce new fuel economy standards
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street CNBC’s Phil LeBeau reports on what new fuel economy standards are expected from the Trump administration. 02:14 an hour ago Phil LeBeau
Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision
NEW YORK — Treasury Secretary Scott Bessent on Wednesday predicted that the administration still will be able to implement its tariff agenda regardless of whether it prevails in a pending case before the Supreme Court. Repeating assertions he had made prior to the high court hearing a month ago, Bessent Continue Reading
Fanatics launches prediction market in 24 states
Sports merchandiser Fanatics announced Wednesday it’s launching Fanatics Markets, its own prediction market, in 24 states this week, including California, Texas, Florida and Washington. The platform will allow people to trade on events in sports, finance and culture, according to Fanatics, and will launch in segments across the country over Continue Reading
NHL’s Gary Bettman on rising team values, league expansion, gambling
National Hockey League Commissioner Gary Bettman says he believes NHL teams are still being undervalued. That is despite the average NHL team value reaching $2.2 billion, a 15% jump from last year, according to CNBC’s Official NHL Team Valuations, published on Tuesday. The Toronto Maple Leafs top the 2025 CNBC Continue Reading
Early education real estate is luring big money for small kids’ care
A Fortec adaptive reuse project in Barrington, Illinois. Courtesy: Fortec A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors Continue Reading