Author: Editor-In-Chief

Check out the companies that made the biggest moves midday: Williams-Sonoma — The housewares and furniture company rose 6% after better-than-expected earnings. Williams-Sonoma earned $3.04 per share, beating LSEG’s estimate of $2.90 per share. The company also raised its quarterly dividend by 15%. nVent Electric — maker of electronic cabinets and cooling systems, shares rose more than 4%. NVent raised its three-year growth targets, calling for an increase in adjusted operating margin of approximately 22% from 20% and average annual growth in adjusted earnings per share from 17% to 20%. CEO Beth Wozniak said the company is “off to a…

The Rivian R2 will be on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on November 23, 2025 in Los Angeles, California. Josh Lefkowitz Getty ImagesUber Technologies Plans to invest up to $1.25 billion in electric car maker Rivian Automotive The companies announced Thursday as part of a deal to deploy up to 50,000 robotaxis across multiple countries by 2031.The partnership includes an expectation that Uber or its fleet partners will purchase 10,000 self-driving versions of Rivian’s next R2 electric vehicle, with an option to purchase up to 40,000 more robotaxis starting in 2030,…

Iran’s strangulation in the Strait of Hormuz has sparked global concerns that fuel pumps will run dry, but it has also caused discomfort in the mouths of some restaurateurs and street vendors in India, with samosas disappearing from menus and the ubiquitous chai in some parts of the country missing its usual aroma. The world’s fastest-growing major economy imports about 85% of its liquefied petroleum gas (LPG) from the Middle East, much of it used to cook food for its 1.4 billion people. With supplies affected by the U.S.-Israel war with Iran, the government has begun diverting precious fuel away…

McLaren boss Andrea Stella said Lando Norris and Oscar Piastri were going through a “tough time” following the team’s difficult start to the season, but said he was confident the drivers were ready to bounce back from their early setbacks in 2026.The two-time constructors’ champion’s title defense got off to a disappointing start, with world champion Norris finishing fifth in the opening race in Australia, the only race result of a record four wins so far. Oscar Piastri crashed before the race at his home turf in Australia, while both McLaren drivers failed to start in China last weekend due…

Amazon is bringing its new AI-powered conversational assistant Alexa+ to the UK. The UK is the first country outside of North America to introduce AI assistants. The company is currently letting users in the UK try Alexa+ for free through its early access program. Users who purchase a new Amazon Echo will receive an invitation to the early access program, and the company says it plans to make Alexa+ available to “hundreds of thousands” of customers in the coming weeks. Once the early access program ends, Prime subscribers will be able to use Alexa+ for free, while non-Prime users will…

A sign outside Johnson & Johnson’s offices on Friday, October 10, 2025, in Irvine, California, USA.Kyle Grillot | Bloomberg | Getty Imagesjohnson & johnson The U.S. Food and Drug Administration on Wednesday announced it has approved a once-daily psoriasis treatment, the first oral option to rival the best-selling injectable drug. The FDA has approved a pill called Icotide to treat moderate to severe plaque psoriasis, an autoimmune disease that causes skin irritation. Patients usually begin treatment with topical medications. If these don’t work, move on to pills or shots. J&J believes Icotide will become a first-line systematic treatment between topical…

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. I just got back from a long weekend skiing in Colorado, just in time for yesterday’s Federal Reserve meeting.Stock futures are falling this morning. The three major indexes have come out of the decline.Here are five important things investors need to know to start their trading day.1. Progress steadilyFederal Reserve Chairman Jerome Powell speaks during a press conference after the Federal Open Market Committee at the Federal Reserve Building in Washington, March 18, 2026.Brendan Smialowski AFP | Getty Images2. Stay up to date with…

U.S. Sen. Markwayne Mullin, President Donald Trump’s nominee for Secretary of Homeland Security, testifies during his Senate Homeland Security and Governmental Affairs Committee confirmation hearing on March 18, 2026, at the Capitol in Washington, DC.Evan Vucci | ReutersA day after grueling confirmation hearings, a Senate committee is scheduled to vote Thursday morning on the nomination of Sen. Markwayne Mullin (R-Okla.) to head the Department of Homeland Security.Mullin on Wednesday cleared the first procedural hurdle to lead the department, despite facing scrutiny from senators over his temperament, the Department of Homeland Security’s immigration policies and overseas travel he repeatedly said was…

Jan van Veen has been diagnosed with kidney stones and will miss the Premier League Night 7 in Dublin. The Dutch number one was due to face Michael van Gerwen in the quarter-finals on Thursday night, but the latter was given a walkover to advance to the semi-finals. Van Gerwen also gained two league points and a +1 leg difference, while Van Veen took no points with a -6 leg difference. Van Veen is currently in fourth place after six nights with three runner-up finishes, but has been ruled out due to being hospitalized. Use Chrome Browser for a more…

Vice President J.D. Vance and Energy Secretary Chris Wright are scheduled to meet with the oil industry on Thursday as the White House looks for ways to address rising fuel prices.The meeting at the American Petroleum Institute in Washington will also include U.S. governors and bipartisan leaders in Congress. API is a lobbying group representing all major oil and gas companies in the United States. An API spokesperson told CNBC that participants will discuss “supporting reliable energy supplies amid global instability.” Vance said Wednesday that the White House would announce additional measures in the next 24 to 48 hours to…