Patrick Collison, CEO and co-founder of Stripe, speaking at 2022’s Italian Tech Week in Turin, Italy. Giuliano Berti | Bloomberg | Getty Images SAN FRANCISCO — What started as a casual roundtable at Stripe’s headquarters to discuss issues facing fintech companies turned into a billion-dollar acquisition that could become a defining moment for the industry.
Environment
Oil field, Alberta, Canada Norm Betts | Bloomberg | Getty Images Oil prices are likely to fall in the longer run after the initial jump following President Donald Trump’s implementation of hefty tariffs on Canada, Mexico and China, said industry watchers. Over the weekend, Trump followed through on his long-threatened 25% tariffs on imports from
Offshore workers examine hydrocarbon samples aboard the Chevron Corp. Jack/St. Malo deepwater oil platform in the Gulf of Mexico off the coast of Louisiana, U.S., on Friday, May 18, 2018. Luke Sharrett | Bloomberg | Getty Images Energy giant Chevron used the phrase “Gulf of America” repeatedly in its earnings release Friday, adhering to a
President Donald Trump speaks to members of the press in the Oval Office of the White House on Jan. 30, 2025. Kent Nishimura for The Washington Post | Getty Images Donald Trump has confirmed he will impose 25% tariffs on imports from Mexico and Canada from February, following through on threats issued weeks earlier. The
Fairshake, the super PAC bankrolled by crypto’s biggest players, announced Thursday it has $116 million in cash on hand, a war chest aimed at the 2026 midterm election cycle. The fundraising total, which includes $11 million in new contributions, cements Fairshake as one of the most influential political forces in the country. “With the midterms
A Shell logo is displayed on May 03, 2024 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices. Shell posted adjusted earnings of $23.72 billion for the full-year 2024, compared to annual
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. U.S. stocks were mixed Wednesday ahead of the Federal Reserve’s interest rate decision in the afternoon. The S & P 500 and Nasdaq slipped, while the Dow ticked slightly
The sun is shining on Nextracker in extended trading Tuesday, as shares soared after the solar technology company reported a top and bottom line beat for its fiscal third quarter. Even better, management increased its full-year profitability outlook and reported a record backlog. Revenue in its fiscal 2025 third quarter came in at $679 million,
U.S. President Donald Trump makes a special address remotely during the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 23, 2025. REUTERS/Yves Herman Yves Herman | Reuters Crude oil futures fell on Thursday after President Donald Trump said he will ask Saudi Arabia and OPEC to reduce prices. U.S. crude oil fell
The cooling towers of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. Danielle DeVries | CNBC Power companies that are most exposed to the tech sector’s data center boom plunged early Monday, as the debut of China’s DeepSeek open source AI laboratory led investors to question how much energy artificial
U.S. President Donald Trump makes a virtual address to the World Economic Forum in Davos, Switzerland, on Thursday, Jan. 23, 2025. Bloomberg | Bloomberg | Getty Images President Donald Trump said Thursday he will approve the construction of power plants for artificial intelligence through an emergency declaration. “We’re going to build electric generating facilities. I’m
In this article GTEC Follow your favorite stocksCREATE FREE ACCOUNT President Donald Trump has reiterated his desire to buy Greenland, and refused to rule out using military or economic coercion to achieve his goal of controlling the autonomous territory of Denmark. . However, the United States isn’t the only country with an eye on the
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Just days into President Donald Trump’s second administration, Wall Street is singing
FRANCE – 2025/01/20: In this photo illustration, Trump Meme , Trump the Crypto president, is seen displayed on a smartphone screen. (Photo Illustration by Romain Doucelin/SOPA Images/LightRocket via Getty Images) Romain Doucelin | Getty Images Crypto executives, companies and investors are getting an early return on their investment in Donald Trump. After pouring tens of
Avishek Das | Lightrocket | Getty Images After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin —
In this article SHEL-GB LNG Follow your favorite stocksCREATE FREE ACCOUNT A ship carrying liquefied natural gas (LNG) is towed out of the Port of Rotterdam on January 13, 2025 in Rotterdam, Netherlands. Pierre Crom | Getty Images Natural gas exporter Venture Global will begin trading Friday in the first major initial public offering under