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.

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.
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.
The total picture is one of a labor market that, while undoubtedly cooling, is generally stable and resilient despite a number of challenges.
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.
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 open lower Friday, as concerns grew over renewed hostilities between Iran and the U.S. amid a fragile ceasefire.
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 has been raising debt to finance its data center buildout, and S&P has boosted the company's credit rating.
Maersk CEO Vincent Clerc said the shipping giant had deliberately taken a "very cautious approach" during the Middle East crisis.
The 2026 FIFA World Cup is expected to add over $40 billion to the global GDP with its most lucrative edition ever.
The investment story for Corning looks even sweeter in the wake of Jim Cramer's sit-down with CEO Wendell Weeks.
Crypto trading platform Coinbase reported a surprise first-quarter loss and weaker-than-estimated revenue after the market close Thursday.
Airbnb reported mixed first-quarter results after the bell on Thursday and warned of regional weakness due to the war in Iran.
Datadog's results fueled shares of other cloud infrastructure names like Snowflake and MongoDB.
Data center operator IREN announced a partnership with semiconductor giant Nvidia.
An April Supreme Court ruling has caused a scrambled in some southern states to redistrict before November's midterm elections.
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.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
CNBC's Jim Cramer said he's confident in the power of the artificial intelligence boom to keep driving stocks higher, despite short pullbacks.
France is investigating whether Elon Musk and his social media app X were complicit in spreading harmful AI deepfakes.
The combined company would need to maintain an investment-grade credit profile, GameStop's mysterious financing letter said.
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.
For an $18 billion market-cap company, data-center owner Iren trades like one of the AI giants.
McDonald's plans to have 10,000 locations in China by the end of 2028, and the country is its second largest market.