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on 05/07/2026

McDonald's earnings top estimates despite 'challenging environment'

Shares of McDonald's have fallen 10% over the last year, hurt by concerns about the broader economy.

on 05/07/2026

Peloton beats estimates on revenue as higher subscription prices offer a boost

Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move.

on 05/07/2026

Oil prices fall below $100 as U.S.-Iran tensions keep traders focused on Strait of Hormuz risks

Oil prices fell Thursday, as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.

on 05/07/2026

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.

on 05/07/2026

Gold and silver's historic rally could resume 'as fog of war lifts', market watchers say

On Thursday, spot gold jumped 1.2% to $4,750 per ounce amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.

on 05/07/2026

Shell tops profit estimates as Iran war boosts oil price, cuts share buybacks

Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.

on 05/07/2026

Kraft Heinz CEO reveals the company’s biggest growth opportunities

Kraft Heinz CEO Steve Cahillane said the company's biggest growth opportunity is reinvesting behind its legacy brands.

on 05/06/2026

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.

on 05/07/2026

Shipping giant boss warns Iran war will have bigger impact in coming months as customers face price hikes

Maersk said the Iran war had introduced an "additional layer of uncertainty" as it reported first-quarter earnings on Thursday.

on 05/07/2026

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.

on 05/07/2026

EU weighs restricting use of U.S. cloud platforms to process sensitive government data, sources tell CNBC

There have been increasing calls within Europe for the region's most critical workloads to diversify away from dominant U.S. cloud providers.

on 05/06/2026

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.

on 05/06/2026

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

on 05/07/2026

Rare disease families find roadmap to drug development at bootcamps

Ultragenyx’s Rare Bootcamp gives families a roadmap to help drive research and develop new treatments for rare diseases.

on 05/07/2026

It’s not just Big Oil. Wind giants welcome profit beats as Iran war spurs energy pivot

Norway's Equinor told CNBC that the company expects the Iran war to deliver a boost to its transition industries.

on 05/07/2026

Japan may have fired its yen bazooka twice, but markets are testing Tokyo’s resolve

Japan's Ministry of Finance has intervened in the yen over the country's Golden Week holiday.

on 05/06/2026

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.

on 05/07/2026

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.

on 05/07/2026

Arm's quarter shows how it's carving a lucrative path in the crowded CPU resurgence

This central processing unit renaissance was confirmed when Intel reported earnings two weeks ago. AMD and now Arm told similar stories.

on 05/06/2026

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.

on 05/06/2026

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.

on 05/07/2026

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.

on 05/06/2026

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.

on 05/07/2026

SoftBank shares surge over 18% as Japan tech-fueled rally lifts Nikkei 225 to record highs

The benchmark Nikkei 225 surged over 5% to a record high as Japan reopened after extended Golden Week holidays.