CNBC Business News Update

Markets climb after a landmark Supreme Court tariff ruling and big tech leads the gains. Discussion of retailers hitting record highs and the headache of seeking tariff refunds. Coverage of a newly announced temporary 10% global tariff and legal pushback over unlawful levies. Brief look at weak Q4 GDP, rising inflation, and major earnings and tech events to watch next.

Markets trade mixed as investors react to a major Supreme Court ruling on presidential tariff authority. A small business owner recounts how import levies felt like a hidden tax. Economic growth missed expectations and inflation ticked up in the latest PCE data. Brief cultural notes cover spring training and new film openings.

JB McCuskey, West Virginia Attorney General, speaks on a lawsuit alleging Apple failed to scan iCloud for child sexual abuse images. Rick Santelli, market commentator, and Aditya Bave, Bank of America economist, discuss weak Q4 GDP, mixed market moves, a hotter PCE inflation print, and divergent consumer spending trends across income groups.

Markets slip as Middle East tensions push oil higher and lift defense stocks. Amazon overtakes Walmart in U.S. revenue while consumer trends shift toward discount retailers. West Virginia files a lawsuit accusing a tech giant of failing to stop illegal material on cloud storage. Pending home sales drop and upcoming economic data and Supreme Court decisions could sway markets.

Markets slide as investors fret over a possible conflict with Iran. A major lawsuit accuses a tech company of failing to prevent child sexual material on devices. Analysts debate oil volatility and rising gas prices. Employment claims stay low while consumer confidence and retail outlook show mixed signals. Corporate news includes strong farm-equipment results and changes to airline loyalty rewards.

Markets dip while oil jumps on fears of a U.S.-Iran strike. Conversation highlights historic oil swings and what to watch next. Weekly jobless claims stay low as consumer confidence shows caution. Walmart’s strong holiday sales clash with a disappointing outlook for the year. Discussion of a K-shaped recovery and selective company results from Deere to Wayfair and Molson Coors.

A market recap highlights Wednesday gains and top-performing stocks. Discussion covers why strong earnings have not pushed markets to new highs. Coverage of a high-profile tech CEO testifying in a social media addiction trial and courtroom claims. Reports on oil and gas prices surging after geopolitical concerns. Preview of major corporate results and upcoming economic data.

David Faber, CNBC reporter on sports franchise valuations, Marta Norton, market commentator on earnings and AI themes, and Julia Boorstin, tech and media reporter covering the social media trial. They discuss market movers like Goldman Sachs and NVIDIA. Conversation covers why strong earnings meet investor caution, Meta CEO testimony at a landmark trial, and possible MSG team spinoffs.

Morning market movers and early gains for major indexes, with NVIDIA leading the charge. AI's surprise disruptions across software, wealth management and trucking. Oil jumps on heightened Iran strike concerns and political signals. Homebuilding picks up while mortgage applications dip. Netflix argues for clarity in its pursuit of Warner Bros. Discovery amid competing public offers.

Market moves and major indexes tick higher while NVIDIA posts modest gains. Amazon ends a historic nine-day slide amid debate over big spending. Apple teases a March event with cheaper iPhone, iPad and MacBook options and AI Siri ambitions. Home builder sentiment cools even as remodeling demand holds. Ford weighs joint ventures in China and regulatory risks.