Markets

Google parent beats on revenue, projects significant AI spending increase

Wall Street will be looking for more details Google's deal to revamp Apple's Siri virtual assistant with the search company's Gemini AI models.

Soybean prices surge to highest level this year, as Trump surprises market with plan for more sales to China

The sort of buying President Trump outlined from China seems “unlikely on many fronts, but neither can the possibility be ignored,” analyst says.

E.l.f. Beauty stock soars 15% on big earnings beat, raised guidance

Shares of E.l.f. Beauty surged Wednesday after the company reported a major earnings beat.

E.l.f. Beauty’s more upbeat outlook shows demand for cosmetics is still growing

E.l.f. Beauty’s stock surged after a raised outlook for both sales and profit, as demand for cosmetics keeps growing.

Qualcomm stock sinks as memory shortage drags on forecast

"We're starting to see that memory is going to define the size of the mobile market," Qualcomm CEO Cristiano Amon said in an interview.

SpaceX rivals AST SpaceMobile and Rocket Lab join space-stock selloff

Losses could be tied in part to this week’s software rout, according to one analyst.

Snap shares rise on fourth-quarter earnings that beat on sales

Snap released on Wednesday its fourth-quarter earnings that beat on sales but missed on revenue guidance.

Lilly says Mounjaro and Zepbound sales more than doubled, as stock rallies

Eli Lilly became the first pharmaceutical stock to reach a $1 trillion valuation late last year.

AMD falls 17%, posts worst day since 2017 as Lisa Su addresses guidance concerns

The CEO said that the data center business has risen from the fourth to first quarter and demand for the company's CPUs is "going gangbusters."

Bitcoin faces selling pressure as investors rotate out of risk-on assets: CNBC Crypto World

On this week's episode of CNBC Crypto World, bitcoin faces selling pressure as investors continue to rotate out of risk-on assets. Plus, Patrick Witt, President Trump's crypto advisor, leads a...

Powell probe will get resolved, clearing the way for Warsh’s confirmation, key Republican senator says

Senate Banking Committee Chair Tim Scott indicated Wednesday that he expects the Department of Justice will resolve its criminal probe of current Federal Reserve chief Jerome Powell, clearing a path...

Gold makes a run for $5,000, but falls short as precious metals tally back-to-back gains

Gold futures briefly climbed past $5,000 an ounce on Wednesday and silver rose by as much as 10% before both metals pared gains to finish below session highs.