Business

Tesla EVs recharge at a Tesla Supercharger station on July 2, 2026, in South Pasadena, California. Mario Tama | Getty Images DETROIT — The Iran war and high U.S. gas prices are causing a surge in demand for used all-electric vehicles, which is making the pre-owned vehicles more expensive, according to Cox Automotive. The company

Michael Burry attends the premiere of “The Big Short” at Ziegfeld Theatre on Nov. 23, 2015 in New York. Dimitrios Kambouris | Getty Images Michael Burry of “The Big Short” fame said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment, anticipating regulators will eventually crack down on prediction markets after competition from

Traders work at the New York Stock Exchange on June 29, 2026. NYSE The Nasdaq-100 is up about 18% in 2026, but traders on prediction market platform Kalshi don’t think the index will move much higher in the second half of 2026.  Speculators place about 50-50 odds that the tech-heavy index will close 2026 above

US President Donald Trump (R) and Open AI CEO Sam Altman (L) react during a working lunch meeting of G7 members, partner countries, and artificial intelligence business leaders as part of the G7 summit, in Evian, eastern France, on June 17, 2026. A G7 summit is set to take place June 15 to 17 in

A motherboard from one of Rivian’s all-electric vehicles. Michael Wayland / CNBC Rivian Automotive stock plunged 18% Tuesday after the electric vehicle maker announced a public offering of 75 million shares of its Class A common stock. The capital raise occurred during extended hours trading after Rivian shares rose 8.1% on Monday. The stock also

The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Samsung Electronics shares fell as concerns about spending and demand overshadowed record second-quarter earnings. Shares closed nearly 7% lower Tuesday, even after it reported preliminary second-quarter

Michael Saylor, co-founder and executive chairman of Strategy Inc., speaks during the Bitcoin 2026 conference in Las Vegas, Nevada, US, on Tuesday, April 28, 2026. Ian Maule | Bloomberg | Getty Images Bitcoin turned positive Monday after President Donald Trump voiced his support for cryptocurrency. Earlier in the session, bitcoin dove toward $60,000 after Strategy,

SpaceX bulls are proving a devout lot, not unlike the Tesla traders that came before them. Daily options flows still lean heavily bullish almost a month into trading and one day ahead of the stock’s accelerated inclusion into the Nasdaq 100, the index behind the roughly $500-billion Invesco QQQ fund, of which Elon Musk’s new

Sebastian Siemiatkowski, CEO and co-founder of Swedish fintech Klarna, gives an interview with CNBC during the company’s initial public offering at the New York Stock Exchange in New York, Sept. 10, 2025. Brendan Mcdermid | Reuters Klarna, the Swedish fintech firm best known for its buy now, pay later offerings, said Monday it applied to

A FedEx delivery van on May 27,2026 in London, England. Peter Dazeley | Getty Images FedEx on Tuesday reported earnings that beat Wall Street expectations on the top and bottom lines. The earnings report marked the last quarter that includes the company’s freight business, which spun off into a separate publicly traded company called FedEx

CEO of Citadel Ken Griffin is interviewed Chairman of the Milken Institute Michael Milken (not pictured) during the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 7, 2025. Mike Blake | Reuters Ken Griffin’s Citadel posted positive returns across its various hedge fund strategies in the first half of 2026, led by

Dividend stocks remain a popular choice for investors seeking steady income and higher portfolio returns. However, with thousands of dividend-paying companies to choose from, identifying the right stocks can be challenging. In this regard, recommendations from top Wall Street analysts can provide useful insights and help identify dividend stocks backed by solid fundamentals and with

Ford Motor CEO Jim Farley speaks during a launch event for the 2025 Ford Expedition in Louisville, Kentucky, on April 30, 2025. Michael Wayland | CNBC DETROIT — Ford Motor regularly promotes itself as a cornerstone of American manufacturing, business and truck leadership with its best-selling F-Series pickups, but it also has led the U.S.

Andrew Feldman, co-founder and CEO of Cerebras Systems, holds the Wafer Scale Engine 3 chip at the Nasdaq MarketSite in New York on May 14, 2026. Michael Nagle | Bloomberg | Getty Images Cerebras said revenue almost doubled in the AI chipmaker’s first earnings report since its initial public offering last month. The stock fell

In this photo illustration, Apps for online prediction market sites are shown on an electronic device on Feb. 25, 2026 in Chicago, Illinois. Scott Olson | Getty Images The 2026 FIFA World Cup was forecast to be the biggest gambling event in history. For prediction market platforms, that’s led to soaring trading volumes in June. 

MetLife (MET) is well-positioned in the life insurance and benefits sector, exhibiting fundamental momentum that the broader market hasn’t fully priced in. Backed by scale, brand equity, and an experienced leadership team, MetLife is firing on all cylinders. Premium & Sales Growth: In Q1, MetLife’s core premiums and fees grew 10%, driven largely by international

An airport lounge — without the security screening or boarding pass. Credit card companies American Express and Chase are increasingly waging their luxury lounge wars outside the airport. From an air-conditioned retreat in the middle of the desert at Coachella to an exclusive athlete meet-and-greet at the Paris Olympics, these companies are investing big in

FedEx delivered a strong quarter on Tuesday, but shares of the delivery company are sliding in after-hours trading — which we see as a misreading of the results. Revenue in the fiscal fourth quarter of 2026 was $25 billion, above the $24.04 billion consensus forecast, according to estimates compiled by LSEG. Earnings per share (EPS)

Central Park Tower, left, and One57, center, along Billionaire’s Row in New York, May 1, 2026. Michael Nagle | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.

Kalshi and Polymarket. Gabby Jones | Bloomberg | Martin Lelievre | Getty Images Volume has exploded on prediction market platform Polymarket since its launch, with notable surges during the 2024 election and last fall. Yet the majority of closed individual markets on the site never surpassed $10,000 in reported volume. A CNBC analysis found that

Rendering of the Museum of American Finance’s new home on Commonwealth Pier in the Boston Seaport. Courtesy: Museum of American Finance Nearly a decade after leaving its former home, the Museum of American Finance is welcoming the public to its new headquarters – and just in time for the country’s 250th anniversary. The 5,400-square-foot museum

AeroVironment stock ripped 28% higher on Tuesday during premarket trading as the dronemaker reported fourth-quarter earnings that beat on the top and bottom lines. The company smashed expectations after the bell on Monday, reporting earnings of $1.84 per share while analysts polled by LSEG were expecting $1.46 per share. Revenue also came in ahead, more

In this photo illustration, a Jersey Mike’s cup is displayed outside of Jersey Mike’s restaurant on April 21, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Sandwich chain Jersey Mike’s filed for an initial public offering on Thursday, reporting that its same-store sales cumulatively climbed 50% from 2020 through 2025. Jersey Mike’s plans

Traders work on the floor of the New York Stock Exchange during morning trading on July 01, 2026 in New York City. Michael M. Santiago | Getty Images When you’re in the middle of a hurricane, the price for umbrellas is going to be expensive, no matter which way the wind is blowing. For stocks,

SpaceX may put other mega-cap IPOs on the fast track. According to Kathmere Capital Management’s chief investment officer, it could emerge as the ultimate blueprint for Silicon Valley — especially when it comes to the expected Anthropic and OpenAI public debuts. “It would not surprise me at all to see a similar dynamic play out

AeroVironment shares skyrocketed nearly 19% after the dronemaker easily blew past Wall Street’s fiscal fourth-quarter estimates, benefiting from U.S. plans to modernize the military and secure space. The Virginia-based defense company more than doubled revenue from a year ago to $642 million, while funded backlog jumped 65% to $1.2 billion. Revenue for autonomous systems totaled

A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC The U.S. automotive industry is entering a new phase of uncertainty as the Trump administration said the USMCA trade agreement between the United States, Mexico and Canada will not be extended by Wednesday, triggering what could be a yearslong review

A container ship is berthed at the container terminal in Qingdao, China’s eastern Shandong province on June 25, 2026. – | Afp | Getty Images U.S. stocks just keep winning, with the Nasdaq closing out its best quarter since 2020. Across the globe in China, things couldn’t be more different. The iShares China Large-Cap (FXI)

Dan Ives, Wedbush Securities analyst. Scott Mlyn | CNBC Dan Ives, one of Wall Street’s most recognizable technology analysts, is leaving his longtime role at Wedbush Securities to launch a merchant bank aimed at combining research, advisory, capital raising and investing under one roof. Ives, who has spent the past eight years at Wedbush and

Nike shares slipped Tuesday evening despite the company posting better-than-expected quarterly results. Our patience is running thin on this turnaround story. Total revenue in the company’s fiscal 2026 fourth quarter dipped 1% year over year at $10.97 billion, topping Wall Street expectations of $10.86 billion, according to analyst estimates compiled by LSEG. Earnings per share