The judge’s ruling in favor of the Department of Justice in the T-Mobile-Sprint merger case last week reinforced a high bar for state antitrust challenges, according to DOJ antitrust chief Makan Delrahim. But Delrahim said there’s still an important role for the states to play in antitrust cases. The federal Antitrust Division and state attorneys general have both opened investigations into Google to probe its competitive practices. Several state attorneys general have met with top DOJ officials

Barr convened the workshop to discuss Section 230 of the Communications Decency Act, which says tech companies cannot be held legally liable for content posted by third-party users. Tech executives argue that the law is still integral to their work, especially in allowing for “good faith” content moderation. But at the workshop, Barr said the industry Section 230 protects is no longer a fragile, emerging sector. Those questions emerged from the DOJ’s broad review of market-leading online platfor

(This story is for CNBC Pro subscribers only.) Piper Sandler raised its price target on Tesla to a street high, saying the electric automaker’s push into other areas of clean energy will drive the stock higher. The firm’s analyst Alexander Potter raised his price target to $928 per share, up from $729. That is the highest near-term target among major analysts, but is below where the stock peaked during its rapid rise earlier this month. The stock opened trading at $923.50 per share on Wednesday,

Piper raised its price target on Tesla to a Street high and said it thinks the company can have the same success in storage and solar power that it’s had with autos. “We’re nudging our price target higher after installing a solar system to charge a Model X. Since August 2016, we have been using a Model X SUV in a four-person, single-vehicle household. If history is any indication, we’ll eventually be saying something similar about generating and storing our own solar power. But for now we’re inc

The catalyst for the electric automaker’s stock once again is a big call on Wall Street. Piper Sandler hiked Tesla’s price target to $928 per share, the highest on Wall Street, according to FactSet. Shares of Tesla have rallied more than 100% this year alone, leaving investors curious about what is driving the stock to these sky-high levels. Tesla’s stock rose 13% in after-hours trading following its results. Tesla’s rally really got going earlier this month after Argus Research raised its price

Traders work on the floor of the New York Stock Exchange (NYSE) on January 27, 2020 in New York City. (This story is for CNBC Pro subscribers only.) Investors like Warren Buffett, Carl Icahn and Bill Ackman typically grab all the headlines, but there are smaller investors racking up better recent track records that are not as well known. CNBC Pro found the under-the-radar investors with the best stock picking ability using hedge fund tracking firm Symmetric.io. Then we found which stocks they ar

Serena Williams became a professional tennis player at the age of 14, and for more than two decades she has consistently trained and followed a healthy diet to help her win 23 Grand Slam titles. But it’s a lot so I just need to turn my brain off and not think about anything,” Williams tells CNBC Make It. Sometimes it’s watching a program [on TV] that has nothing to do with anything, like something that is silly or fun,” Williams says. Williams says having her 2-year-old daughter, Alexis Olympia

Nasdaq, S&P 500 rise to record highs at openCNBC’s Bob Pisani looks ahead at the day’s market action.

Richard Bernstein on market warning signs he says investors are ignoringRichard Bernstein, CEO and chief investment officer of Richard Bernstein Advisors, joins “Squawk Box” to discuss the warning signs he says investors are ignoring in the markets.

“This is what happens when too many people want a stock, round the clock,” Cramer said on “Squawk Box.” No one is going to Mars that I know of, but it can’t be stopped right now, and these things tend to end badly.” There are people buying Virgin Galactic, and I can’t tell them not to,” Cramer said later on “Squawk on the Street.” “What are you going to tell them, that we’re not going to Mars someday?” Wednesday was poised to be another big day for Virgin Galactic, opening 13.2% higher at $34.30

As the record bull market stretches on, and as the coronavirus outbreak incites fears of a potential slowdown in global growth, gold could be a way for investors to hedge risks to the downside, Citi said Wednesday. The firm believes market jitters will prompt investors to pile into the so-called safe haven asset, pushing gold prices to $2,000 per ounce in the next 12 to 24 months. “Gold should perform as a convex macro asset market hedge, resilient during ongoing risk market rallies but a better

10:48 am: Tesla overtakes highest price forecast on the StreetShares of Tesla rose more than 8% on Wednesday to $930, surpassing Piper Sandler’s $928 per share price target, which is the highest price forcast of any Wall Street firm. Tesla’s stock is getting close to its all-time high, touched on February 4, of $968.99 per share. —Imbert, Francolla10 am: Trio of speculative stocks spikingShares of speculative stocks Tesla, Virgin Galactic and Plug Power each spiked in early Wednesday trading. As

The Abu Dhabi Government is turning to the private sector for the next phase of its multi-year, 50 billion dirham ($13.6 billion) economic stimulus plan known as Ghadan 21. “It’s important to bring in the private sector,” Mohammed Al Shorafa, chairman of the Abu Dhabi Department of Economic Development, told CNBC’s “Capital Connection” in an exclusive interview on Wednesday. Abu Dhabi, the capital of the United Arab Emirates, said it will seek to procure approximately 10 billion dirhams worth of

The solar industry in the U.S. employed 249,983 people in 2019, a 2.3% increase compared to the previous year, according to The Solar Foundation’s “National Solar Jobs Census.” In a statement Wednesday, The Solar Foundation, a nonprofit organization, said that jobs in the industry had grown by 167% since the publication of the first census for 2010. Overall, solar jobs grew in 31 states last year. The Solar Foundation said its census was based on a survey of “solar establishments” carried out be

Angel Gurria, secretary-general of the OECD Jose, addresses the media at the organization’s headquarters in Paris, France on Nov. 21, 2018. The volume of corporate debt hit an all-time high of $13.5 trillion at the end of 2019, but the overall quality of bonds fell below levels seen before the global financial crisis, according to a new OECD report. As a result, non-financial companies globally borrowed around $2.1 trillion in the form of corporate bonds in 2019. This may render the non-financia

He said, however, that the “good news” is that the EU now understands that the next tussle will be over industrial data. The European Commission, the EU’s executive branch, opened a 12-week period of discussion on Wednesday aimed at better understanding how to protect EU citizens from what it describes as the negative impacts of A.I. BRUSSELS – The European Union is looking at ways to regulate artificial intelligence (AI) as it ramps up its oversight of large technology firms. The EU is seen as

Iranians walk past electoral posters and fliers during the last day of election campaign in Tehran on February 19, 2020. – Iran’s electoral watchdog defended its decision to disqualify thousands of candidates for a crucial parliamentary election in two days, as a lacklustre campaign neared its end. ATTA KENARE | AFP via Getty ImagesIran is holding its parliamentary elections Friday, and one thing seems all but certain: It will be a major victory for the country’s conservative hardliners. “These

Its global impact would be amplified through more substantial supply chain disruptions and a more persistent drop in investor confidence, especially if the epidemic spreads beyond China.” —Higgins-Dunn9:01 am: Virus hits small business owners who import products from ChinaAs coronavirus spreads around the world, small business owners who import from China are on edge. CNBC spoke with Kyle Kirshner, who has been doing business in China for several years. — Feuer7:30 am: Adidas reports 85% drop in

Virgin Galactic’s rally began two months ago but trading in the speculative space company has recently accelerated in a way that tops even the momentum behind Tesla. Shares of Virgin Galactic rose as much as 12% in premarket trading Wednesday from its previous close of $30.30, which was its highest ever finish. Daily trading volume in Virgin Galactic has been pushing higher for the past week. Before Tuesday, an average day of trading saw 12 million Virgin Galactic shares change hands. CNBC’s Jim

Burger King announced Wednesday it is removing artificial colors, flavors and preservatives from its signature Whopper sandwich in the United States. The Restaurant Brands International chain plans to highlight the change with a global advertising campaign that shows a photo of a moldy Whopper, supposedly 28 days old, with text that reads “the beauty of no artificial preservatives.” The campaign comes as consumers demand more transparency about the ingredients in their food. In 2018, McDonald’s