Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe
Oil executives have warned that the supply disruption in the Middle East will soon cause actual fuel shortages in some parts of the world.
Snap issues cautious guidance as Perplexity deal ends, Middle East 'geopolitical situation' causes uncertainty
Snap reported first-quarter earnings and provided cautious sales guidance while revealing it no longer has a deal with the generative AI startup Perplexity.
Apollo CEO Rowan warns of market correction, slams 'egregious' practices at rival insurers
Apollo CEO Marc Rowan warned that markets face an elevated risk of unexpected shocks, saying he is positioning the firm defensively for an expected correction.
Nvidia to invest up to $3.2 billion in Corning as part of massive optical fiber deal with 3 new factories focused on AI
Corning is opening three new advanced manufacturing plants in the U.S. dedicated entirely to optical technologies for Nvidia.
Anthropic CEO says 80-fold growth in first quarter explains 'difficulties with compute'
At Anthropic's developer conference in San Francisco, CEO Dario Amodei said the company is 'working as quickly as possible' to provide additional compute.
DoorDash pops 12% on strong earnings, upbeat order growth guidance
DoorDash is in the middle of a massive spending initiative as it builds out a new tech platform following a string of acquisitions.
Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs
Paramount agreed to pay a Netflix termination fee, but the cost lives on WBD's books until the close of the deal.
AMD's Su explains what's behind massive forecast change as stock roars 19% on earnings
CEO Lisa Su highlighted the growing demand for central processing units, doubling her long-term forecast after strong first-quarter earnings.
Berkshire-owned distribution giant to deploy driverless big rigs across U.S. Sun Belt
Berkshire Hathaway-owned McLane, one of America's biggest distribution companies, is deploying self-driving big rigs with Aurora for its restaurants business.
Will Elon Musk win his lawsuit against Sam Altman's OpenAI? Here's what prediction markets think
Trading activity on Elon Musk's suit against OpenAI is the second highest out of all prediction market contracts related to the billionaire.
FanDuel CEO Amy Howe is out after five years at the sportsbook
Howe has overseen FanDuel during a time of dramatic expansion in sports gambling and as prediction markets have exploded in popularity.
Elon Musk's Terafab chip factory in Texas could cost up to $119 billion, filing shows
Elon Musk's giant Terafab facility in Texas could cost up to $119 billion, with hopes of manufacturing chips for Tesla, SpaceX and xAI
Anthropic, SpaceX announce compute deal that includes space development
Anthropic has signed a deal with SpaceX, which owns rival xAI, to use all of the compute capacity at the company’s Colossus 1 data center in Memphis, Tennessee.
Goodbye quarterly earnings? Here's when traders believe this big change will happen
Traders are evenly divided as to whether the change will happen by Jan. 1. That would be an unusually fast timeline for the commission.
Marco Rubio heads to the Vatican as 2028 presidential buzz ramps up
Secretary of State Marco Rubio is a frontrunner to succeed President Donald Trump in 2028, and Trump is sending him to meet with Pope Leo XIV.
Trump says Iran will be bombed at a 'much higher level' if it doesn't agree to peace deal
Stocks rose and oil prices plunged on news reports signaling the U.S. and Iran could soon strike an agreement to end the war.
Surging gas prices are hitting lower-income households harder, New York Fed study shows
Lower-income consumers are compensating for higher gas prices by buying less.
Even if an Iran deal calms energy markets, one oil stock can still stand out
Shell plc (SHEL), along with other large integrated oil companies, have benefited from higher oil prices and should warrant investor attention.
Airlines spent 56.4% more on jet fuel in month after Iran war started, U.S. government says
U.S. airlines spent 56.4% more on jet fuel in March than they did in February, U.S. government data released Wednesday shows.
Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging
Uber and Disney pointed to a resilient spending backdrop, with consumers continuing to shell out for rides, food delivery, vacations and theme park trips.
Why Boeing and Honeywell are rallying — plus, the AI trade gets another boost
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Novo Nordisk CEO says the drugmaker is more active than ever in seeking out deals
Novo Nordisk CEO Mike Doustdar says the Ozempic and Wegovy maker is looking for deals more than ever before.
Epstein files: Commerce Sec. Howard Lutnick questioned by House Oversight panel
Howard Lutnick admitted to a Senate committee in February that he and his family visited Epstein's private island in the U.S. Virgin Islands in 2012.
Oil prices fall more than 7% as U.S. and Iran appear close to deal to end war
Oil prices fell sharply after Axios reported that the U.S. and Iran were closing in on an agreement to bring an end to the conflict.