This little-known tech name soared on earnings. KeyBanc sees more gains ahead
Zebra Technologies gained 11% in the trading session following its first-quarter earnings, and its shares are likely to sustain that momentum, per KeyBanc.
Mortgage rates move to highest level in 5 weeks, but homebuyers shake it off
Mortgage rates continued to climb higher, but stronger homebuyer demand helped to keep mortgage applications in positive territory.
Alibaba’s core profit plunges 84% even as AI and cloud growth accelerate
Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.
Buy these cheaper stocks, Barclays says, as luxury’s ‘self-help stories’ pay off
The conflict in the Middle East has weighed heavily on the world’s biggest luxury stocks, but Barclays sees a buying opportunity.
China’s Tencent sees boost from gaming, AI demand even as revenue comes in weaker than expected
The tech giant reported its first-quarter 2026 earnings on Wednesday.
Jamie Dimon warns JP Morgan may rethink new London office if ‘very smart’ Starmer is ousted as UK PM
Starmer’s leadership is under pressure, sparking concern in the bond market.
CNBC’s UK Exchange newsletter: Starmer’s EU push faces a harsh political reality
U.K. Prime Minister Keir Starmer has alighted on resetting relations with Europe as a way of reviving his flagging popularity.
SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet
SoftBank booked a yearly gain of $46 billion at its Vision Fund driven in large part by the huge rise in value of its investment in OpenAI.
Jensen Huang is joining China trip after Trump called the Nvidia CEO: Source
The U.S. chipmaker executive was not included in earlier lists of business leaders participating in President Donald Trump’s trip to China this week.
For Chinese exporters, Iran worries eclipse tariff woes as Trump, Xi prepare to meet
Heading into the summit, Beijing and Washington will likely reaffirm their shared intention to reopen the Strait of Hormuz and restore stability in the region.