Amazon’s experiment with delivery robots might have a science-fiction feel, but the potential cost savings for the e-commerce giant would be anything but fantasy. Morgan Stanley estimated the e-commerce and cloud giant is now investing to automate roughly $200 billion in logistics costs — a sum equal to 35% of its online retail revenue — which includes…
The S&P 500 slid on Thursday, dragged down by falling Tesla shares. The EV company tumbled more than 14%. Here’s what’s on CNBC’s radar going into Friday. [title_words_as_hashtags
Circle Internet Group, the issuer of one of the world’s biggest stablecoins, priced its initial public offering at $31 per share late Wednesday. That’s above the expected range of $27 to $28 and gives the company a total market value of $6.8 billion. New York-based Circle, its founder and some original shareholders will raise $1.05…
Fresh all-time highs for the stock market could be in the cards after May’s strong performance. They won’t come immediately, however. The S & P 500 surged 6.2% last month, marking its biggest monthly advance since November 2023. The Nasdaq Composite also roared nearly 10% higher in that time. The advances left the S &…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks were mixed to start the week . The market on the first trading day in June stumbled around the open and traded lower in…
A worker arranges cans of Campbell’s soup on a supermarket shelf in San Rafael, California. Getty Images Campbell’s has seen customers prepare their own meals at the highest rate in about half a decade, offering the latest sign of everyday people tightening their wallets amid economic concerns. “Consumers are cooking at home at the highest…
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 30, 2025, in New York City. Angela Weiss | AFP | Getty Images Stock futures fell on Sunday as Wall Street looks to the start of a new month of trading following a strong performance in…
Investors always pay close attention to bonds, and what the latest movement in prices and yields is saying about the economy. Right now, the action is telling investors to stick to the shorter-end of the fixed-income market with their maturities. “There’s lots of concern and volatility, but on the short and middle end, we’re seeing…
The stock market stumbled into the weekend after President Donald Trump on Friday said China violated the preliminary trade agreement the two sides reached earlier this month. The S & P 500 closed flat Friday after spending most of the session lower. The benchmark index, however, rose for the week and for the month of…
U.S. President Donald Trump’s tariffs regime has rocked international markets in recent weeks, sparking massive selloffs and rallies in stocks across the globe. Certain tariff-sensitive stocks, such as those in the autos, mining and pharmaceuticals sectors, have seen particularly volatile trade. In a Wednesday ruling , however, the U.S. Court of International Trade blocked the…
