Deira Trading Company

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These 6 fast-growing stocks sit at the cutting edge of space and military technology

In the wake of the SpaceX IPO, investors can expect global communications and AI data processing — both via satellites — to be important themes for many years.
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Trump may say he’s banning Wall Street from buying homes. Does the bipartisan housing bill actually do that?

The measure “will take time to meaningfully affect housing affordability and will not resolve voter frustration in that area,” analysts said.

UPS to invest $48 million in temperature-controlled facilities amid healthcare boom

UPS is announcing a new investment in healthcare logistics as demand for the temperature-controlled category booms, CNBC has learned exclusively.
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Micron grew by $1 trillion this year. These two wild cards will determine its trajectory.

Analysts are watching to see the impact of a new memory-saving technology, as well as the timeline for additional manufacturing capacity.

Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves

Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.

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Starmer says he’s resigning as U.K. prime minister — here’s what it means for markets

Analysts expect borrowing costs in the U.K. to rise in the longer term if Andy Burnham takes over as leader of the Labour Party.
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Micron’s earnings are a must-watch market event — with profit growth approaching 1,000%

Micron’s massive growth is “coming at nearly pure profit,” and that’s starting to have real implications for the S&P 500.
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This bull market isn’t going to end because of Fed rate hikes under Warsh

Warsh may hope the threat of rate hikes is enough. But stocks might gain ground if he does, and past rate-hike cycles can be a guide.
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‘Money can make you happy’: My wife and I have no heirs, but we’re making the world a better place by giving it away

“If you find a need in your community, there’s likely an organization that will help you get involved.”
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The initial SpaceX frenzy is cooling off — but a new wave of cash is waiting to strike

SpaceX is expected to secure index entry in the coming days and weeks, unlocking a new source of investor demand after there’s been “striking” breadth so far.

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‘We are habitually frugal’: My wife and I have money. How do we help our children without ruining their independence?

“Partly due to some mental-health issues, they may continue to go through life living paycheck to paycheck, or worse.”
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Employers to college students: Never mind that 4.0 GPA. Go out and get a summer job.

College students with any sort of work experience on their résumés are twice as likely to be employed shortly after graduating.

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Is the stock market open today for Juneteenth? Will the post office deliver mail?

The June 19 federal holiday falls on a Friday this year. Here’s how trading hours and other services are affected.
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This AI company wants to replace MRIs with a 60-second dip in the spa. Can that really work?

Midjourney is making a foray into healthcare with its latest body-scanner product, aiming to make medical imaging more accessible.

NBA to name winning bids for Europe teams in the coming months, deputy commissioner says

The NBA plans to name winning bidders for 12 permanent European teams in the next 60 to 90 days, Deputy Commissioner Mark Tatum told CNBC.
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The Iran oil shock taught traders these key lessons about demand and China

Global oil prices on Thursday touched their lowest level since the U.S.-Israeli war with Iran began almost four months ago. That marks a drop of more than 30% from their…

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Trump’s Iran agreement changes the game for investors. These are the two sectors to buy right now.

Hyperventilating experts were wrong about the Iran war. The end of the conflict is a massive buy signal for stocks.

California’s counting on an IPO tax windfall. Several factors are complicating the equation

The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue impact may be blunted.

CNBC to wade further into live sports with 11 simulcast WNBA games

The simulcasts will expose the WNBA to an affluent audience on CNBC and marks a new chapter for the business news network after it spun out from Comcast.
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Intel shares rally as Trump says company will build chips for Apple in the U.S.

Intel shares jumped in premarket trade on Thursday as President Donald Trump said the foundry will produce chips for Apple in the U.S.

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Inside the push to weaken Washington’s toughest financial watchdog

The SEC used to intimidate corporate wrongdoers. Now its own commissioners are gutting its leverage.

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It’s ‘unavoidable’: Apple says it will be forced to raise prices due to the AI boom

Tech giants are gobbling up memory chips for AI servers, leaving Apple with soaring component costs that Tim Cook says will inevitably be passed on to consumers.

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CarMax shares fall after used car retailer reports earnings beats, CEO details turnaround plan

Despite the beats, questions remain about the company's ability to grow and cut costs under the plan amid tougher market conditions, including margin pressure.
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Three powerful forces are draining family wealth — and your estate plan is completely unprepared

From Medicaid cuts to an IRA tax trap, here are the real threats to your family’s inheritance and what to do about them.

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Carvana’s new vehicle strategy turns dealership into ‘playground,’ test-drive center with sales all online

But don't expect Carvana to sell you a vehicle at one of its seven Stellantis franchised dealerships, marking a stark contrast from typical franchised dealers.

How AI may be messing with home prices

For most real estate professionals, the data aggregation capabilities of AI can enhance their expertise. But there are shortcomings.
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BMW issues a big profit warning it once again blames on China. The automaker is plotting a major strategy shift

BMW was the worst performing major European stock on Wednesday after the luxury-car maker lowered its profit outlook, citing a downturn in China as well as the impact from the…

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What have the U.S. and Iran agreed to? This is what markets are focused on.

The Trump administration and Iran have agreed on a framework for a peace deal. As everyone waits for the text of the framework to get released, here is a rundown…

General Motors announces new defense partnership with Lockheed Martin

General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons.
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I’m spending $170,000 to upgrade my home for my aging parents. Can I get tax breaks?

“Given that at least half of the remodeling cost is to accommodate my disabled mother, I’m wondering if some of this may be tax deductible.”

How Roku fits into Fox's future – and what investors are missing about the deal 

Fox's stock dropped following its announcement that it will acquire Roku for $22 billion. Analysts still think it's a good deal.

Rivian laying off hundreds of workers amid R2 launch

Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce.
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Ether Options Market Shows Bias for Price Weakness Over Next 6 Months

Ether's price appears overvalued compared to Ethereum's dwindling revenues, one analyst said.   Ethereum's native token Ether (ETH) fell to a six-week low on Tuesday, with traders in the options…
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MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July

Cryptocurrency giants bitcoin and ether, meanwhile, lost ground during the month. MakerDAO’s MKR was the leading gainer among the constituents of the Coindesk Market Index (CMI) in July, advancing 47%. The native…
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ApeMax and Dogecoin: Battle of the Meme Coins

  In the volatile world of cryptocurrency, meme coins have carved out their own niche. These internet-inspired coins, often humorously named and themed, have a unique appeal to a wide…
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Ripple (XRP) Price Prediction: Is It Time To Invest in XRP?

Recently, a judge in the United States made a ruling in favour of Ripple (XRP) and this news sent a ripple effect to the entire crypto market with XRP price…
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Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?

BTC slipped below $26,000 amid the crypto market mayhem. BTC’s fall below $26,000 is poised to be the worst weekly decline since the collapse of FTX. Absence of a decision…
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FTX Crypto Bankruptcy Filing Shows $8.6 Billion Shortfall

If FTX was founder Sam Bankman-Fried’s alleged personal piggy bank, it wasn’t refilled. Newly filed court documents introduced last week (March 2) reveal what John J. Ray III, FTX’s current CEO, has called…
Source: CurrencyRate