Deoleo says olive oil market has moved into a steadier phase
The Bertolli owner told CNBC that better rainfall and lower prices are helping stabilize supply and revive household demand.
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Stocks
SBI Fund Management IPO draws $30.7 billion in bids
India’s largest IPO of 2026 was subscribed 41.6 times, with institutions supplying most of the demand ahead of bigger listings exp...
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LeBron James says Nike needs community roots to regain its cool
Nike’s longtime signature athlete said the brand should reconnect with local communities as its stock and sales momentum remain un...
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Xi casts China as AI partner for developing countries
At Shanghai’s World AI Conference, Xi promised AI training for developing nations and criticized security policies that restrict t...
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SpaceX calls off Starship test as shares slip below IPO price
SpaceX halted a planned Starship launch in Texas after an engine-start issue, adding pressure to shares that recently fell under t...
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BP and ConocoPhillips plan Iraq energy investments, CNBC reports
The expected deals would put fresh capital behind Iraq’s oil and gas sector as Washington pushes for supply routes less exposed to...
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Memphis data centers put SpaceXAI at center of AI backlash
Residents, lawsuits and state policy fights are turning Elon Musk’s Memphis AI buildout into a test case for the data center boom.
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SpaceX slips premarket after Starship launch is aborted
SpaceX shares fell after an engine ignition problem stopped a Starship test flight, adding volatility after the company’s June IPO...
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Nadella questions Anthropic’s limits on its Fable AI model
Microsoft’s CEO criticized Anthropic’s request restrictions as AI buyers look for cheaper, more flexible model options.
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Cramer club identifies five portfolio stocks it would add on weakness
CNBC’s Investing Club said it sees room to add Corning, GE Vernova, Eaton, FedEx Freight and Johnson & Johnson after recent moves.
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Alphabet drops after report says Gemini 3.5 Pro rollout is delayed
Alphabet fell after Bloomberg reported Google’s top Gemini model is running behind schedule, adding pressure as rivals push harder...
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Cramer says old chip cycles may be breaking as memory stocks surge
CNBC’s Jim Cramer argues shortages and long-term contracts are changing the usual boom-bust pattern in memory chips.
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