U.S. and Iran trade fire in Strait of Hormuz; each claims other shot first
CENTCOM's statement does not mention the status of the U.S.-Iran ceasefire, which has already been frayed by repeated claims that its terms are being breached.
Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths
Thanks to the Iran war, big issues for U.S. businesses like rare earths and supply chains may take a back seat on the agenda for the Trump-Xi summit.
Here's what to expect from Friday's release of the April jobs report
The total picture is one of a labor market that, while undoubtedly cooling, is generally stable and resilient despite a number of challenges.
Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire
Oil prices jumped on Friday after the U.S. and Iran exchanged fire in the Strait of Hormuz, raising fresh fears that the fragile ceasefire between the two countries is rapidly unraveling.
Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes
The cloud provider announced it is laying off 20% of its workforce as agentic artificial intelligence "fundamentally changes" the company's work.
Asia-Pacific markets fall as renewed U.S.-Iran clashes keep investors on edge
Asia-Pacific markets open lower Friday, as concerns grew over renewed hostilities between Iran and the U.S. amid a fragile ceasefire.
Inside India newsletter: Social media is reshaping the world's fastest-growing market for global brands
Social media influencers are urging consumers to read labels and pushing traditional companies to make healthier products or risk being replaced by newer entrants.
CoreWeave stock sinks 10% on weak revenue guidance, increased spending forecast
CoreWeave has been raising debt to finance its data center buildout, and S&P has boosted the company's credit rating.
How the U.S. military and Maersk got a ship to pass through the Strait of Hormuz
Maersk CEO Vincent Clerc said the shipping giant had deliberately taken a "very cautious approach" during the Middle East crisis.
France is fan favorite for the FIFA World Cup — but AI is backing another nation for glory, says BofA
The 2026 FIFA World Cup is expected to add over $40 billion to the global GDP with its most lucrative edition ever.
Corning CEO to Cramer: Deals with 2 unnamed hyperscalers 'larger' than $6B Meta pact
The investment story for Corning looks even sweeter in the wake of Jim Cramer's sit-down with CEO Wendell Weeks.
Coinbase posts steep first-quarter loss after slide in crypto prices; shares fall 4%
Crypto trading platform Coinbase reported a surprise first-quarter loss and weaker-than-estimated revenue after the market close Thursday.
Airbnb tops revenue estimates, but Middle East cancellations rise due to Iran war
Airbnb reported mixed first-quarter results after the bell on Thursday and warned of regional weakness due to the war in Iran.
Datadog stock soars 31% on blockbuster earnings as AI winners emerge in software
Datadog's results fueled shares of other cloud infrastructure names like Snowflake and MongoDB.
IREN inks AI infrastructure deal with Nvidia
Data center operator IREN announced a partnership with semiconductor giant Nvidia.
Redistricting race to the bottom ramps up, as GOP eyes more states to draw new House maps
An April Supreme Court ruling has caused a scrambled in some southern states to redistrict before November's midterm elections.
OpenAI rolls out new model for cybersecurity teams a month after Anthropic's Mythos debut
OpenAI said GPT-5.5-Cyber, a variation of its latest AI model, is rolling out in a limited preview capacity to vetted cybersecurity teams.
Software stocks stage a comeback. Plus, why Boeing's CEO going to China matters
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Jim Cramer says the AI boom has 'the power to keep the country's economy humming'
CNBC's Jim Cramer said he's confident in the power of the artificial intelligence boom to keep driving stocks higher, despite short pullbacks.
French prosecutors escalate probe of Elon Musk and X to criminal investigation
France is investigating whether Elon Musk and his social media app X were complicit in spreading harmful AI deepfakes.
Ryan Cohen's mysterious bank letter backing GameStop's eBay bid reveals a big issue with deal
The combined company would need to maintain an investment-grade credit profile, GameStop's mysterious financing letter said.
OpenAI trial: Mother of Musk's children says he offered Altman a Tesla board seat
Shivon Zilis, a former OpenAI board member who has four children with Musk, testified that the Tesla CEO wanted the AI startup to join his EV company.
Options traders love this under-the-radar AI play
For an $18 billion market-cap company, data-center owner Iren trades like one of the AI giants.
While many international brands retreat, McDonald’s is supersizing its China business
McDonald's plans to have 10,000 locations in China by the end of 2028, and the country is its second largest market.