Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela

U.S. President Donald Trump on Tuesday ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela.
Hyperscaler AI spending could slow down if Oracle shows ‘discipline’

CNBC’s Jim Cramer on Tuesday opined on massive AI spending that has hurt tech stocks.
Stock futures are little changed as traders absorb shaky U.S. economic data: Live updates

The S&P 500 and the Dow Industrials each booked a third consecutive losing session on Tuesday.
16 states sue Trump administration again over billions in withheld electric vehicle charging funds

Democratic-led states are fighting for EV-charging infrastructure funding that they say was obligated to them by Congress under former President Joe Biden.
Kushner’s Affinity Partners exits Paramount bid for Warner Bros. Discovery

WBD agreed to sell its film studio and streaming service HBO Max to Netflix, and plans to spin out Discovery Global, with its TV networks such as CNN and TNT.
Santoli’s Tuesday stock wrap-up: Market gears and pro-cyclical rotation both slip a bit

The key indexes are sputtering near levels reached almost eight weeks ago.
ACA subsidy fraud is ‘rampant,’ Republicans say. Some health policy experts disagree

The GOP is pointing to a new Government Accountability Office report on subsidy fraud to argue against extending enhanced ACA subsidies.
Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales

Wall Street’s bullishness on Tesla has returned after the stock had its worst performance since 2022 in the first quarter of the year.
How Costco may soon make investors happy again — with a special dividend

Some on Wall Street expect to hear good news early next year.
Trump to tout accomplishments in address to nation on Wednesday, White House says

Press secretary Karoline Leavitt said President Trump would highlight his work to ‘bring our country back to greatness.’