Earnings season could finally give the stock market some good news. Here’s what’s ahead
[ad_1] Investors are hopeful that first quarter earnings can help the stock market move past the war in Iran, now that there is a tentative ceasefire. Stocks soared this week after President Trump suspended attacks on Iran for two weeks, driving up the Dow Jones Industrial Average more than 1,300 points on Wednesday, its best […]
The Trump administration is getting angry as EU Big Tech fines top $7 billion in 2 years
[ad_1] The Trump administration is increasingly on a collision course with the European Union over Big Tech fines. Google, Apple and Meta are contesting fines from the EU over violations of the bloc’s antitrust and competition laws, which total over 6 billion euros, or $7 billion, since the start of 2024. They’re an increasing bone […]
Countries around the world are considering teen social media bans – why experts warn it’s a ‘lazy’ fix
[ad_1] Gen Z girl looking at smartphone screen feeling upset scrolling on social media. Mementojpeg | Moment | Getty Images Governments around the world are making efforts to crack down on teen social media use amid mounting evidence of potential harms, but critics argue blanket bans are an ineffective quick fix. Australia became the first […]
AI data center boom ‘stress tests’ insurers as private capital floods in
[ad_1] AI data centers are becoming a “stress test” for insurers as rapid technological advancements and the use of increasingly complex financial structures present a unique set of challenges and opportunities for the sector. Global spending on data centers could reach $7 trillion by 2030, according to McKinsey, and much of that spending can no […]
Oracle stock rises in premarket on plans to cut thousands of jobs
[ad_1] Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle rose in premarket trading on Wednesday as the multinational tech conglomerate looks to cut thousands of jobs to free up cash to build AI […]
CNBC Daily Open: Get ready for Trump’s Iran war update
[ad_1] U.S. President Donald Trump speaks during a Cabinet meeting in the Cabinet Room of the White House on March 26, 2026 in Washington, DC. Chip Somodevilla | Getty Images Hello, this is Holly Ellyatt writing to you from London. Welcome to another edition of CNBC’s Daily Open. Global markets will be on tenterhooks today […]
Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: ‘Redmond is in a pickle’
[ad_1] Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Microsoft just closed out its worst quarter on Wall Street since the 2008 financial crisis, as investors soured on the software giant’s prospects in artificial intelligence. The company’s […]
Meta’s court losses spell potential trouble for AI research, consumer safety
[ad_1] Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman | Anadolu | Getty Images Over a decade ago, Meta – then known as Facebook – hired social science researchers […]
The S&P 500 could join other U.S. benchmarks in a correction next week. Here’s what’s ahead
[ad_1] The S & P 500 could soon join the other U.S. benchmarks in a correction as the Iran war stretches into a fifth week. Stocks are quickly deteriorating, with each of the major averages on pace to post an ugly month of losses as hopes for a quick resolution to the Middle East conflict […]
Private credit’s ‘zero-loss fantasy’ is coming to an end as defaults and fund exits rise
[ad_1] Deteriorating asset quality, collateral markdowns and a growing rush for the exits are rattling private credit markets and prompting comparisons to the Global Financial Crisis. But a spike in loan defaults, while painful, could help shake out pockets of stress from the $3 trillion sector and provide what one industry pro calls a “healthy […]