Author: Editor-In-Chief
Russian airstrikes have increased enormously in recent months, hitting Ukraine with more drones and faster missiles than ever before, as the Russian military struggles to make meaningful progress on the ground. This massive attack is designed to overwhelm Ukraine’s air defenses, with waves of cheap drones, then fast-moving ballistic missiles, then cruise missiles coming in quick succession in a series of carefully planned attacks to inflict maximum damage. Experts say the “overwhelm” approach allows more missiles to pass. Ukrainian officials said Tuesday’s latest attack also included eight high-velocity Zircon missiles, nearly impossible to shoot down and powerful enough to destroy…
Check out the companies that made headlines after the bell: Broadcom — Shares fell 5% after the semiconductor maker reported second-quarter revenue of $22.19 billion, which was lower than the $22.27 billion expected by analysts surveyed by LSEG. This is Broadcom’s first revenue shortfall since December 2024. The company’s infrastructure revenue of $7.18 billion also fell short of StreetAccount’s estimate of $7.32 billion. 5 Down — The discount retailer fell nearly 9% despite the company giving better-than-expected guidance. Second-quarter sales are expected to be in the range of $1.18 billion to $1.2 billion, compared to StreetAccount’s estimate of $1.15 billion.…
Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. Here’s what CNBC TV producers had their eye on and what they’re looking for in the upcoming session. Record winning streak in jeopardy The S&P 500 index fell on Wednesday, putting its nine-week winning streak in jeopardy. Still, if the index ends higher this week, it would mark its 10th consecutive week of gains. This is the longest winning streak since 1985. Apple’s winning streak is…
Kim Jong Un on Wednesday toured a new factory producing weapons-grade nuclear material and said North Korea plans to “drastically increase our nuclear forces,” state media reported. North Korea’s leader said the country has more than doubled its production capacity for weapons-grade nuclear material in the past five years, and the new factory will help strengthen its nuclear war deterrence, the Korean Central News Agency (KCNA) reported. Kim announced his push to build up nuclear weapons based on a five-year plan implemented after denuclearization negotiations with the United States, including three meetings with US President Donald Trump during his first…
Traders at work at the New York Stock Exchange on June 3, 2026.new york stock exchangeS&P500 futures The index fell early Thursday after snapping a nine-day winning streak as geopolitical concerns remained elevated. Futures tracking the broad market index fell 0.43%. Nasdaq 100 futures 0.57% decrease. Dow Jones Industrial Average Futures It was trading near the flatline.shares of broadcom Shares fell 13% on Wednesday night after the chipmaker reported a fiscal second-quarter revenue shortfall. cyber security stocks cloud strike It fell 10% after a lackluster second-quarter earnings outlook.Escalating tensions between the US and Iran and the resulting rise in oil…
Prologis CEO Dan Letter said the company’s growing data center business is one of its biggest opportunities as demand for AI infrastructure accelerates.”We see data centers as one of the biggest value creation opportunities in our company’s history,” Letter told CNBC’s “Mad Money” on Wednesday.Prologis, best known as a logistics real estate investment trust, is increasingly positioning itself as an AI infrastructure business. Mr. Letter said the company’s long-standing efforts to cluster land and power near major population centers as hyperscalers race to build data centers has paid off, helping the stock rise about 30% over the past year.The company…
CNBC’s Jim Cramer warned Wednesday that a wave of funding related to the artificial intelligence boom could create headwinds for stocks in the short term. “Bull markets can be wiped out by economic conditions, interest rates, and geopolitical turmoil, but what most easily leads to a slaughterhouse is a glut of new supply,” the “Mad Money” host said. “As with any market, if supply exceeds demand, prices will fall quickly.”Cramer pointed to long-awaited IPOs from SpaceX, Anthropic, and OpenAI, as well as a growing pipeline of companies seeking capital to fund the construction of large-scale AI infrastructure. of the alphabet…
Finnish President Alexander Stubb attends a joint press conference with Lithuanian President Gitarnas Nausėda (not shown) at the presidential palace.Sopa Images | Light Rocket | Getty ImagesHELSINKI, Finland — Finnish President Alexander Stubbe has outlined his vision for a bigger European Union, saying the 27-nation bloc needs to “think big” and seize the opportunity to flex its muscles on the world stage.Speaking at an energy conference in the Finnish capital on Wednesday, Mr Stubbe said the EU should push to increase its membership to 40, naming the UK, Canada, Turkey, Norway and Iceland as potential members.His comments came as the…
According to a joint statement released on Wednesday, Israel and Lebanon agreed to “implement a ceasefire,” conditioned on the “complete cessation” of Hezbollah shelling and the removal of all Hezbollah operatives from southern Lebanon. However, the status of negotiations between the US and Iran remains unclear. Here are the latest updates for the region: Mixed messages over U.S.-Iran talks: President Donald Trump said Wednesday that talks with Iran were progressing “very well,” but Iranian Foreign Minister Abbas Araghchi said there had been no “remarkable progress” in recent days. Ceasefire ‘must include Lebanon’: Iranian Foreign Minister Araghchi said the US-Israel war…
Fuyang, China – March 23, 2026 – Stock investors observe stock market conditions at a stock exchange in Fuyang, Anhui Province, China, on March 23, 2026. (Photo credit: CFOTO/Future Publishing via Getty Images)Photo | Future Publishing | Getty ImagesAsia-Pacific markets fell on Thursday, tracking losses on Wall Street, as tensions between Iran and the United States sent oil prices soaring and fueled energy and inflation concerns. Kuwait International Airport was attacked by Iran early Wednesday morning. The attack comes a day after U.S. Central Command announced it had destroyed multiple Iranian ballistic missiles and drones and launched a “self-defense strike”…