S&P 500 closes at a new record, buoyed by cooler-than-expected inflation data and falling oil prices

The S&P 500 rose to a fresh all-time intraday high on Thursday as oil prices declined and traders digested more inflation ...

Oil prices fall after U.S. says crude exports through Strait of Hormuz near 9 million barrels per day

Oil demand is expected to fall by 1.6 million barrels per day this year, about 510,000 bpd more than previously anticipated, according to the IEA. Renewed hostilities are undermining efforts to boost ...
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Workday shares post best day in 10 years on Silver Lake takeover report

Workday's stock popped on a report that Silver Lake is in talks to buy it. In March, co-founder Aneel Bhusri was renamed CEO. Workday shares have come under pressure on fears that AI will upend its ...
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Trade court upholds Trump's closure of 'de minimis' loophole

A federal trade court upheld President Donald Trump's elimination of the "de minimis" loophole, which allowed low-value goods to be imported to the U.S. tax free. Trump, a major proponent of tariffs ...
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Jeremy Siegel: If oil stays near $80 there's no way the Fed raises rates in September

Jeremy Siegel, WisdomTree chief economist, joins 'Closing Bell' to discuss the recent earnings momentum, if investors are too bullish and much more. Got a confidential news tip? We want to hear from ...
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These charts show why stocks keep rallying. Profit margins are the highest on record

S&P 500’s net profit margin is running at 16.9%, on pace for the highest since FactSet began tracking the metric in 2009. At sector levels, margins have been improving across most of the market in ...
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Apple opens second U.S. manufacturing learning site to build AI servers and Mac minis

CNBC's MacKenzie Sigalos reports on news regarding Apple. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this ...
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Here's a rapid-fire update on our 32-stock portfolio, including Cramer's 5 favorites to buy

On Thursday, Jim Cramer and portfolio director Jeff Marks held the CNBC Investing Club's August Monthly Meeting. They ran through each stock in the portfolio, with Jim putting special emphasis on his ...
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UConn women's coach Geno Auriemma says WNBA should shift focus away from transgender debate

UConn women's basketball coach Geno Auriemma said the WNBA should shift attention away from the debate about transgender athletes and toward basketball. The league in a statement, "There are no ...
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Cisco shares slide 9% despite earnings beat and stronger-than-expected guidance

Cisco delivered a better-than-expected earnings report, but the stock sold off anyway. Even with a forecast that topped estimates, Piper Sandler analysts wrote that Cisco's guidance looked ...
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The Wrangler jeans owner is having a great year. UBS sees nearly 70% rally ahead

Kontoor Brands is poised to climb even higher as it puts more weight behind its Wrangler and Helly Hansen brands, according to UBS. The investment bank has a buy rating on Kontoor. It raised its price ...
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Apple's Tim Cook joined by Howard Lutnick in opening Houston manufacturing plant

Apple CEO Tim Cook was joined by Trump administration officials including Secretary of Commerce Howard Lutnick on Wednesday to open a new manufacturing facility in Houston. The facility is also where ...