The Breakwave Tanker Shipping ETF (BWET) has surged more than 600% since the beginning of the year, vastly outperforming crude oil and energy stocks.
Will he stay or will he go? With criminal probe over, Fed Chair Powell faces big decision
The decision could have important ramifications for policymaking at an especially delicate time.
Stocks making the biggest moves midday: Intel, AMD, Charter, Hims & Hers, Eli Lilly and more
These are the stocks posting the largest moves in midday trading.
Nuclear reactor company X-energy shares surge 34% as AI drives interest in the industry its IPO
Advanced nuclear reactor company X-energy began trading Friday as the AI boom and electrification broadly spark a flurry of interest in the nuclear industry.
Bessent defends U.S. dollar swap lines as Iran war harms global finances
President Donald Trump, asked on CNBC’s “Squawk Box” this week about a possible UAE swap line, appeared to say he is in favor of it.
Bettors on Kalshi now see Warsh likely confirmed by mid-May after DOJ drops Powell probe
Bettors on the platform now see an 86% chance that Warsh’s nomination is confirmed by the U.S. Senate by May 15.
Stocks making the biggest moves premarket: Intel, Advanced Micro Devices, Procter & Gamble & more
These are the stocks posting the largest moves premarket.
New York’s pied-a-terre tax sets up legal fight over values
NYC’s property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing high-end second homes.
The aerospace and defense trade is taking investors deeper into space, and more ETFs are up for the mission
VettaFi’s Cinthia Murphy finds more exchange-traded funds are tackling the space theme more directly as excitement over the SpaceX IPO grows.
Inside LatAm tech forum in Miami: Here’s what to know
Family offices have been pouring billions into AI startups and data centers. Now a potential slowdown in funding from the Middle East could pose a risk to the sector. CNBC’s Robert Frank joins ‘Squawk Box’ with more.