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Energy
LG Energy Solution’s shares surge as much as 16% after landing major U.S.
An LG Energy Solution Co. battery cell at the InterBattery exhibition in Seoul, South Korea, on Wednesday, March 5, 2025. SeongJoon Cho | Bloomberg | Getty ImagesShares of LG Energy Solution closed 15.25% higher Thursday after its U.S.…
Nvidia, Meta, Walmart among top companies in adopting AI
It seems every company is obsessed with artificial intelligence these days, whether it's how the technology is transforming their industry or its effects on employees and customers. But the degree to which companies are using AI tools…
Oil markets bet on a swift end to Iran war. Investors may regret it
Oil futures are still pricing a quick resolution to the Iran war — but analysts warn that investors and consumers are likely to be left disappointed.Prices jumped more than 3% at one point early Thursday after the U.S. and Iran exchanged…
Exxon warns oil inventories will hit dangerously low levels due to Iran war
Gas prices are displayed at an Exxon station ahead of the Memorial Day weekend in Great Neck, New York, May 22, 2026.Shannon Stapleton | ReutersExxon Mobil warned Thursday that oil inventories will fall to record low levels in coming…
American households pay more as energy costs rise due to Iran War, data
Americans have spent nearly $450 extra per household on rising energy costs during the Iran War, according to an analysis shared exclusively with CNBC's Steve Liesman.The average household has shelled out $447.19 for additional…
Drone stocks surge on report Pentagon considering stakes in the industry
Anton Petrus | Moment | Getty ImagesDrone stocks surged Thursday on a report the Trump administration is in talks to fund several companies including one in which Donald Trump Jr. is a shareholder. The Pentagon has held months of…
Trump opposes Russia or China taking Iran’s highly enriched uranium
U.S. President Donald Trump speaks during a cabinet meeting in the Cabinet Room at the White House, in Washington, D.C., U.S., May 27, 2026. Evan Vucci | ReutersPresident Donald Trump on Wednesday poured cold water on the prospect of…
Investors ‘afraid’ to take oil positions amid potential Hormuz fees
Global oil markets were volatile on Tuesday, reflecting investor jitters over possible Iranian plans to impose a permanent fee on ships crossing the Strait of Hormuz as part of any peace agreement with the U.S.International Brent crude…
Why Europe’s electricity prices threaten its AI ambitions
Europe wants to position itself as a leader in AI and compete with the U.S. and China — but experts told CNBC that its soaring energy prices could undermine those ambitions.The region is looking to get ahead in the AI arms by ramping up…
India’s investment appeal dims as firms and funds pivot to the U.S.
Hello, this is Priyanka Salve, writing to you from Singapore.Welcome to the latest edition of "Inside India" — your one-stop destination for stories and developments from the world's fastest-growing large economy.As global capital races…