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Consumer sentiment plunges to near-record lows—but stock markets remain unfazed

Stock prices closed near their February highs on Friday—even though consumer sentiment neared all-time lows. The S&P 500 finished around 6,000, a number not seen since shortly after President Donald Trump took office, boosted by a daily gain of 0.7% and overall weekly gains of 2.6%. Meanwhile, the Nasdaq posted a daily gain of 0.5%, … Read more

U.S. egg prices just fell for the first time in 7 months—but are still hovering at near-record highs

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Huawei 2024 revenue surges to near-record high on smartphone comeback

The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated. Huawei reported revenue for 2024 of 862.1 billion Chinese yuan ($118.2 billion), a 22.4% year-on-year rise. It is the company’s second-highest revenue … Read more

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