Latest News
Nike Posts Mixed Q3, Beats Sales Forecasts Amid China and Margin Pressures
Nike reported third-quarter revenue of $11.28 billion, matching year-ago levels and exceeding analyst forecasts, though net income dropped 35% to $520 million. The company continues to face headwinds in Greater China and from higher tariffs.
CNBC to Broadcast Live from Cboe Options Floor Amid Trading Surge
CNBC will begin daily live broadcasts from the Cboe Global Markets trading floor in Chicago on April 6. The move coincides with record U.S. options trading volume, which reached 15.2 billion contracts in 2025.
Mortgage Rates Hold Near Recent Highs, Adding Pressure to Spring Homebuyers
Key mortgage rates held near multi-month highs on Tuesday, sustaining affordability challenges for prospective homebuyers this spring. Data from major trackers showed continued volatility, with the 10-year Treasury yield hovering around 4.5%.
Brent Crude Sees Wild Swings on Iran Peace Talk Rumors, OPEC Supply Plunge
Brent crude futures experienced extreme volatility Tuesday, with the June contract falling over $3 on rumors of a potential Iran peace deal, while expiring May Brent held gains. The market grapples with a sharp OPEC production decline and fresh Middle East supply disruptions.
Bitcoin Reclaims $68K on Geopolitical Easing, ETF Inflows Return
Bitcoin climbed past $68,000 Tuesday, buoyed by geopolitical optimism and a return to net inflows for U.S. spot ETFs. Ether gained 2.8% to $2,096.20.
Silver Surges 6.7% on Dollar Weakness, Yet Remains Down Sharply for March
Silver prices rallied sharply on Tuesday, gaining 6.7% as the U.S. dollar weakened and geopolitical concerns showed signs of easing. Despite the daily surge, the metal remains deeply in negative territory for the month of March.
Gold Rebounds 2% But Set for Worst Monthly Drop Since 2008
Gold prices climbed over 2% on Tuesday, yet the precious metal remains on track for its most significant monthly loss since the 2008 financial crisis. Silver surged nearly 5%, and Brent crude oil hovered near $118 a barrel.
Dow Rises on Geopolitical Hopes, But Quarterly Losses Mount
The Dow Jones Industrial Average advanced 1.2% to 45,764.14 Tuesday as traders reacted to potential diplomatic developments with Iran. Despite the daily gain, the index is headed for its worst quarterly performance since early 2022.
Stocks Rebound on Geopolitical Hopes, But Quarterly Loss Looms
Major U.S. indices climbed Tuesday, led by the Nasdaq's 2% gain, following reports the Trump administration might end military action in Iran. Despite the rally, the S&P 500 is headed for its steepest quarterly decline in over four years.
NIO Launches Costa Rica Showroom, Accelerating Americas Expansion
NIO has inaugurated its first retail location in the Americas in Costa Rica, introducing its NIO, ONVO, and Firefly brands. The move follows a quarter of surging deliveries and revenue.