Economy

South Korea labor minister calls on tech firms to share excess AI profits with suppliers, staff: Reuters

South Korea's labor minister called on the country's major tech firms to share the spoils of their profits, warning of worsening inequality risks.

CNBC Daily Open: Chips are down

Iran-backed Hezbollah rejected the U.S.-backed ceasefire terms agreed between Israel and Lebanon, demanding a full Israeli withdrawal first.

SpaceX blocked from early U.S. benchmark index entry as S&P reaffirms existing rules

S&P Global said Thursday it was not changing the requirements for entry into its major indices, dealing a setback to the IPO plans of Elon Musk's SpaceX.

South Korea stocks fall 5% as tech heavyweights follow plunge in Wall Street's AI-linked names

Asia-Pacific markets fell on Friday as investors assessed a rotation out of chip stocks on Wall Street that lifted the Dow Jones Industrial Average to a record close.

Friday's big stock stories: What’s likely to move the market in the next trading session

The Dow Industrials rose nearly 900 points on Thursday to touch an all-time high and close at a record as investors rotated away from tech stocks.

Cramer's lightning round: Woodward is 'a very good company'

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Jim Cramer says Thursday's rally shows investors' 'huge appetite' for stocks

CNBC's Jim Cramer said Thursday's rally showed investors remain resilient and eager to buy stocks.

S&P 500 futures tick lower as Wall Street awaits May jobs report: Live updates

The S&P 500 is on track to finish the week slightly higher, which would mark its 10th straight week of gains and its longest win streak since 1985.

Dow soars nearly 900 points as Wall Street bets on Iran peace deal

Updated on: June 4, 2026 / 5:14 PM EDT / CBS News

Stocks making the biggest moves after hours: Lululemon Athletica, ServiceTitan, Argan and more

See which stocks are posting big moves after the bell.

Lululemon cuts annual outlook, citing 'negative' media commentary and disappointing product launches

Lululemon is expecting its situation to get a lot worse before it gets better, as it issued weak guidance for the full year.

Trump announces $700 million investment in coal plants and California export terminal

Updated on: June 4, 2026 / 3:58 PM EDT / CBS News