Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, economists say.Economyread more
President Trump lambastes Twitter, Google and other technology giants for what he claims as their efforts to stifle him.US Economyread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
Mnuchin tells CNBC he's confident President Trump and China's Xi Jinping can make progress in stalled trade talks.World Economyread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and it's hurting America."Economyread more
The Supreme Court refused to overturn a precedent that strengthened the power of government regulators in a closely watched case that could have had broad ramifications for...Politicsread more
The president raised $6 million alone at a fundraiser he attended at the Trump International Hotel on Tuesday in Washington.Politicsread more
The first debates will give most of the contenders their biggest platform yet to present themselves to the American people.Politicsread more
The red-hot gold trade is cooling off on Wednesday, and Mark Newton of Newton Advisors says the charts point to further weakness to come.Trading Nationread more
The stock market is shrinking for several key reasons, but there's a way for investors to maneuver it, says Citi Research strategist Robert Buckland.Trading Nationread more
Check out the companies making headlines midday Friday:
Broadcom — Broadcom shares dropped more than 6% after the chipmaker reported weaker-than-forecast quarterly revenue and cut its full-year outlook. The company cited a "broad-based " slowdown in demand as well as a crackdown on Huawei by the U.S. Broadcom's decline pressured other chip stocks, including Skyworks Solutions, Xilinx and Micron Technology.
Chewy — PetSmart's online business Chewy surged more than 50% on its first day of trading on the New York Stock Exchange. The online pet product retailer's IPO was priced at $22 on Thursday night and the stock opened at $36 a share. Like the recent IPOs of Uber, Lyft and Beyond Meat, Chewy is not yet profitable.
BJ's Restaurants — Shares of BJ's Restaurants rose 4.3% after an analyst at Oppenheimer upgraded the California-based chain to outperform from perform. The analyst cited a strong same-store sales trend and a low valuation relative to the restaurant chain's peers as reasons for the upgrade.
Norbord — Shares of Norbord, which manufactures wood-based panels, jumped 6% after BMO Capital Markets upgraded the company to outperform from market perform when a competitor put one of its plants on indefinite hold. BMO said this will improve the balance of supply and demand as well as prices. The bank also cited consolidation within the industry and improved performance in Europe.
Bluegreen Vacations — Shares of timeshare developer Bluegreen Vacations skyrocketed more than 36% after a settlement with Bass Pro. Bluegreen Vacations said it will continue its marketing partnership with Bass Pro retail stores and expand into 75 Cabela's retail stores.
Comcast — Telecommunications giant Comcast's stock climbed 1.7% after Rosenblatt Securities initiated it with a buy rating, citing "a compelling risk reward" based on potential for Comcast to gain greater market share and increase profits.
Facebook — Shares of the social media giant ticked 1.8% higher after the company received backing from more than a dozen companies for a new cryptocurrency. RBC Capital Markets has high expectations for Facebook's cryptocurrency announcement and said it believes the company has a "crypto opportunity. "
Barnes & Noble — Barnes & Noble shares fell nearly 3% after a group of investors said the proposed deal from Elliot Management undervalues the company and that the bookseller should look for other offers.
Blue Apron — Shares of meal kit provider Blue Apron fell more than 10% after the company announced a 1-for-15 reverse stocks split, a method to boost the stock price and provide more liquidity to the stock that trades below $1. Blue Apron shares are down more than 80% over the last year.
Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC.