Business and Finance

Time for traders to fade this group of stocks that’s been on a tear, says Carter Worth

(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) The low-beta, long-time laggard S & P 500 Consumer Stapes Sector has come to in a big way the past 3 months, now up 15% in the period versus a 1% gain for the S & P 500 Index itself. Here and now, by […]

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India to buy up to $80 billion in Boeing aircraft as part of U.S. trade deal

Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will waive tariffs on industrial imports from four European nations for a $100 billion investment over 15 years, ending nearly 16 years of negotiations. Thierry Monasse | Getty Images

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Amazon slide continues Big Tech’s $1 trillion rout on AI bubble fears

Amazon shares sunk more than 9% on Friday after the company’s hefty spending forecast surprised investors who were already wary that the artificial intelligence boom is at risk of becoming a bubble. The e-commerce company on Thursday was the latest tech giant to announce plans for a massive increase in capital expenditures, after Google parent

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Trump posts racist image of Obamas, White House defends it and slams ‘fake outrage’

US President Donald Trump, First Lady Melania Trump along with former US president Barack Obama and wife Michelle Obama attend the funeral service for former US president George H. W. Bush at the National Cathedral in Washington, DC on December 5, 2018. Mandel Ngan | Afp | Getty Images President Donald Trump shared a racist

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Automaker is stronger together amid $26 billion reset

Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa on Friday said the automaker plans to move forward as one company amid speculation that it would be better off selling brands or splitting up after disappointing results. “Stellantis is a

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U.S. can spend billions less on defense, says Anduril Industries founder

Defense spending has been the talk of Singapore’s Airshow this week but that’s not an accurate way to measure military strength, Palmer Luckey, founder of defense tech firm Anduril Industries, said on CNBC’s “Squawk Box Asia” Wednesday. That comes after U.S. President Donald Trump in January expressed interest in raising the U.S military budget to

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Bitcoin narrowly avoids falling under $60,000 as it bounces off lows

Justin Tallis | Afp | Getty Images Bitcoin bounced off its recent low on Friday after narrowly avoiding falling below the key $60,000 mark, but some market commentators suggested there’s more selling to come. Late on Thursday, the world’s biggest cryptocurrency fell below $61,000 and hovered just above the $60,000 mark. As of 4:54 a.m.

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Goldman Sachs to tap Anthropic AI model to automate accounting, compliance

Goldman Sachs has been working with the artificial intelligence startup Anthropic to create AI agents to automate a growing number of roles within the bank, the firm’s tech chief told CNBC exclusively. The bank has, for the past six months, been working with embedded Anthropic engineers to co-develop autonomous agents in at least two specific

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