New U.S. Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S. June 17, 2026. Eric Lee | Reuters Federal Reserve Chairman Kevin Warsh has added two more key advisors as he seeks to remake how…
This photograph shows set up screens displaying the logo and home page of US cryptocurrency based prediction market platform Polymarket, in Saint-Mande, east of Paris, on April 29, 2026. Martin Lelievre | AFP | Getty Images Prediction market platform Polymarket’s annualized revenue are now well above $1 billion, the company shared exclusively with CNBC on…
Check out the companies making the biggest moves premarket: On Semiconductor , Synaptics — The stocks diverged in opposite directions after On Semiconductor announced an all-stock deal to acquire Synpatics. At nearly $7 billion, it’s On’s largest acquisition ever and will increase the company’s total addressable market by $30 billion, it estimated. Shares of On…
Chicago Federal Reserve President Austan Goolsbee said Thursday that inflation is still trending the wrong way though there has been a few bright spots. In a live CNBC interview from his home district, the policymaker declined to speculate on where he thinks interest rates are headed. However, he said he remains squarely focused on inflation,…
Amid recent bouts of stock volatility and a new Fed chair coming into a complex inflation environment, the action in bond ETFs is sending an important signal to the market. “Flows tell the story,” Steve Laipply, global co-head of iShares fixed-income ETFs at BlackRock, told CNBC’s Dominic Chu this week. And that is a story of…
Check out the companies making the biggest moves midday: Kymera Therapeutics — The biotech stock surged 17% after Kymera enrolled in a Phase 2b Broaden2 trial for its KT-621 drug, which aims to treat atopic dermatitis. BlackBerry — Shares rallied 20% after the software company and former maker of the eponymous cell phone posted better-than-expected…
Co-CEOs of Commercial & Investment Bank at JPMorganChase, Troy Rohrbaugh and Douglas Petno. Courtesy: JPMorganChase JPMorgan Chase on Thursday promoted two of its top executives into newly created co-president roles, marking the latest step in CEO Jamie Dimon‘s long-running succession planning while announcing the retirement of one of Dimon”s most prominent potential successors. Doug Petno…
A Wendy’s restaurant sign is seen on Nov. 10, 2025 in Austin, Texas. Brandon Bell | Getty Images Wendy’s shares extended their rally for a second day on Thursday, as retail traders continued piling into the heavily shorted fast-food chain. Shares surged another 12% in premarket after a 25.7% gain in the previous session, their…
Check out the companies making the biggest moves in premarket trading: Micron — The memory chipmaker soared 18.5% after its third-quarter earnings blew past expectations. Micron saw adjusted earnings of $25.11 per share, topping the $20.78 expected from analysts polled by LSEG. The company’s revenue quadrupled to $41.46 billion from $9.3 billion a year prior….
Ippei Naoi | Getty Images Investors continue to rely on professional financial advisers for their final investment decisions, even as artificial intelligence becomes more widely used in the initial stages of research, according to a survey by HSBC. The survey, which polled around 10,000 affluent and high-net-worth individuals across 10 markets, found that 62% use…
