CNBC

The data also comes as U.S. President Donald Trump boosted tariffs on Chinese imports to 125% overnight, up from his earlier figure of 104%.

OpenAI said in a lawsuit that Elon Musk made a "sham" attempt to buy the company, and asked a federal district court to stop him from further attacks.

Amazon has been working on Kuiper for six years, planning to build a constellation of broadband internet satellites.

As stocks cheered President Trump's tariff pause on Wednesday, CNBC's Jim Cramer shared four lessons from the past week of market action.

Personal computer shipments rose in the first quarter of 2025 as companies sped up deliveries to gear up for incoming tariffs.

"Thank you on behalf of all Americans," Ackman wrote in a post on social media platform X. Shortly after, he added, "[Treasury Secretary Scott Bessent] rocks!"

More than a dozen companies swung more than 20% from their lows to their highs in Wednesday's furious rally.

Apple shares soared 15% on Wednesday, their seventh-best day on record.

Modelo and Corona owner Constellation Brands beat quarterly earnings and revenue estimates, but its outlook took a hit from U.S. tariffs on most of its beer.