Author: Editor-In-Chief
Important pointsCNBC’s Jim Cramer said panicking amid market volatility is not a winning strategy, and that what happens with Adobe, Salesforce, ServiceNow and Workday could change the direction of the market. CNBC’s Jim Cramer said investors need to stay in the game as the war between the U.S. and Iran continues, noting Tuesday’s partial market recovery proves how quickly the situation can change. “Think of these as companies that you’re investing in, not trading cards that you’re shuffling around,” Kramer said on “Mad Money.” Wall Street got off to an ugly start Tuesday, with the Dow Jones Industrial Average dropping…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Wednesday. Treasury Secretary Scott Bessent told CNBC this morning that President Donald Trump’s 15% tariffs worldwide will go into effect this week. He also said the US would make a “series of announcements” to support Gulf oil trade.Stock futures are rising this morning. All three major averages ended yesterday with declines.Here are five important things investors need to know to start their trading day.1. Cheer upOn Monday, March 2, 2026, television stations will broadcast U.S. President Donald Trump from the floor of the New York…
As the U.S.-Israel war against Iran enters its fifth day, media reports say the United States is providing arms to Kurdish rebel forces and holding talks with rebels with the aim of inciting an uprising in Iran.President Donald Trump’s administration is actively discussing possible arms deliveries with Kurdish opposition groups, CNN reported, citing Kurdish and US officials. As of Wednesday, it was unclear whether any deals had been signed.Recommended stories list of 4 itemsend of listKurdish rebels have long opposed Tehran and carried out numerous attacks in Iran’s Kurdistan province and other western provinces. They operate along the Iraq-Iran border,…
Jack Draper revealed he was starting to doubt himself amid the injury setback that derailed the end of the 2025 season, but remains confident he is physically and mentally ready to return. Draper, who won her first ATP Masters 1000 title at Indian Wells in 2025, withdrew from the US Open with an arm injury in September, but returned at last week’s Dubai Tennis Championships. Draper lost in the second round to Arthur Rinderknek in Dubai, and speaking live on Sky Sports ahead of his title defense in California this week, the British number one said he was in a…
Foreign exchange trader monitoring exchange rates in the dealing room of Korea Exchange Bank in Seoul Jung Young Jae | AFP | Getty ImagesSouth Korea’s Kospi fell sharply on Wednesday, continuing its steep decline from the previous trading session as the escalating Middle East war dampened investor sentiment and widened the decline across Asian markets.The Korea Exchange temporarily suspended trading in the Kospi index on Wednesday. A circuit breaker was also triggered on the Kosdaq market, which fell 14% to close at 978.44.The Kospi index fell 12.1% to close at 5,093.54, while majors SK Hynix and Samsung Electronics fell about…
Congressman Al Green shouts as President Donald Trump speaks during a joint session of the House and Senate at the U.S. Capitol on March 4, 2025 in Washington, DC.Win McNamee | via ReutersSince the U.S. attack on Iran, Congressional Democrats and opponents of President Donald Trump have argued the operation is unconstitutional and vowed to rein in the president. But another round of impeachment — which the president has said he’s concerned about if Democrats take back the U.S. House of Representatives — is not seriously on the table.That could change after the midterm elections if the party wins the…
The war with Iran continues to cause aviation disruption in the Middle East and elsewhere, with some of the world’s busiest airports struggling to cope with the fallout of airspace closures, with a limited number of flights currently departing from the region. The United States is advising its citizens to leave the area immediately. The Trump administration announced Tuesday that it is working to secure military aircraft and charter flights to help thousands of Americans trapped in the Middle East. Secretary of State Marco Rubio told reporters Tuesday that more than 1,500 Americans have asked the State Department for assistance…
It was unlucky for Arne Slott’s side when Andre’s shot hit Joe Gomez and deflected onto Alisson Becker. But this was no mere coincidence, given that this was the record-breaking fifth winning goal Liverpool have conceded in stoppage time this season.Crystal Palace and Chelsea beat them this way and by the same scoreline earlier in the season. Bournemouth sealed the win in the 95th minute in January. Manchester City’s penalty last month worked for them. Last-place club Wolves have been added to the list. “It could be a coincidence that it happens in extra time, as it has happened many…
Power shortages in AI data centers have become so acute that people, not just Elon Musk, are talking about launching servers into space and giving them 24/7 access to solar power. One startup thinks the ocean is a better place for them. Offshore wind power developer Aikido plans to submerge a 100-kilowatt demonstration data center off the coast of Norway this year. The small unit will live inside a submerged pod on a floating offshore wind turbine. If all goes well, the company hopes to build a larger version and deploy it off the coast of Britain in 2028. That…
People’s Liberation Army (PLA) soldiers stand guard in front of the National Museum of China in Beijing, March 3, 2025, ahead of the country’s annual legislative session known as the “Two Sessions.”Pedro Pardo | AFP | Getty ImagesBEIJING—China’s policymakers are scheduled to announce this year’s growth targets and stimulus measures at an annual parliamentary meeting starting Wednesday. The gathering, known as the “Second Session,” will consist of a consultative meeting that begins later in the day and the National People’s Congress, which is scheduled to open on Thursday. Chinese Premier Li Qiang is scheduled to announce a series of economic…