Oil prices plunge on report U.S. and Iran closing in on a deal to end war; Brent crude down to $101
Oil prices fell after Trump said the U.S. would pause its naval escort endeavor in the Strait of Hormuz, raising hopes of a potential deal with Iran.
Wegovy pill sales smash forecasts, sending Novo Nordisk stock 7% higher
Novo Nordisk raised its outlook for 2026 after a strong performance from its newly launched Wegovy pill.
FDA withdrew studies finding Covid, shingles vaccines were safe
The studies were "withdrawn because the authors drew broad conclusions that were not supported by the underlying data," the spokesperson told CNBC.
AMD's stock soars 15% as data center growth pushes revenue and guidance past estimates
AMD's earnings report lands as investors rush into the stock on optimism that the AI boom is just getting started.
Disney reports earnings before the bell. Here's what to expect
Disney's second-quarter earnings report comes less than two months after Josh D'Amaro took the helm as CEO.
Bitcoin treasury firm Strategy breaks from 'never sell' approach to the flagship crypto
Strategy is shifting from passive bitcoin accumulation to actively managing balance sheet to boost bitcoin per share value.
Aluminum prices are surging. Here's how companies are handling the costs
Aluminum's surge since the start of the Iran war is creating cost pressures for some of America's largest companies.
EV maker Lucid suspends production guidance amid incoming CEO's business review
Lucid Group said it will make moves to better align its production with customer demand for its luxury all-electric vehicles.
Spirit starts monthslong process of dismantling airline after biggest collapse in a generation
Spirit Airlines was back in bankruptcy court to start dismantling the airline.
OpenAI trial: Brockman rebuts Musk's take on startup's history, recounts secret work for Tesla
OpenAI President Greg Brockman concluded his testimony on Tuesday as the blockbuster trial between the AI startup and Elon Musk rolled into its second week.
China presses Iran against resuming war, urges Hormuz reopening ahead of Trump-Xi summit
China called for a "prompt resumption of shipping traffic through the Strait of Hormuz," though that point was absent in Iran's statement.
Anthropic CEO warns of cyber ‘moment of danger’ as AI exposes thousands of vulnerabilities
Anthropic CEO Dario Amodei warned AI has created a narrow window for software firms, governments and banks to fix tens of thousands of vulnerabilities.
Lufthansa faces nearly $2 billion in extra fuel cost amid the Iran war, after axing 20,000 flights
Germany's largest airline, Lufthansa, is taking on additional fuel costs as the Middle East conflict poses 'enormous challenges.'
Super Micro stock jumps 18% on guidance beat as revenue more than doubles
Super Micro pointed to progress in U.S. manufacturing in issuing a stronger-than-expected quarterly forecast.
AMC to screen live concerts through Arena One partnership
More than 300 AMC locations in 89 markets across the U.S. will be programmed for live concert screenings. Tickets will range from $40 to $75.
Waters CEO highlights China as key innovation source in the biopharma market
Waters CEO highlighted China as an emerging global biopharmaceutical powerhouse.
Johnson & Johnson reaches a milestone for one of its most exciting pipeline products
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Frontier Airlines forecasts revenue boost from Spirit collapse
Frontier Airlines said it expects a revenue boost in the wake of Spirit's collapse.
Private credit’s $2 trillion boom raises global stability fears, watchdog warns
The Financial Stability Board wants regulators to tighten up their supervision of private credit amid fears of growing stress in the sector.
Samsung crosses $1 trillion valuation as AI frenzy drives historic rally, lifting shares over 15%
The rally comes after the company reported an over eightfold increase in first-quarter operating profits last week.
In the global AI race, a sanctioned Chinese firm says cheaper models can still win
As China’s AI competition intensifies, SenseTime is shifting toward multimodal AI, lower-cost models and overseas expansion to remain competitive, co-founder Lin Dahua said.
Data suggests 'hiring recession' may be behind us — but the Iran war poses job market risks
Hiring activity increased in March, according to federal data issued Tuesday. However, the Iran war threatens to stall that progress in the job market.
Jerome Powell making a 'significant mistake' by staying on at the Fed, Sen. Tim Scott says
Federal Reserve Chair Jerome Powell has said he plans to remain a member of the Federal Reserve board after his term as chair expires this month.
SEC advances Trump-backed proposal to end mandatory quarterly earnings reports
The SEC formally proposed a rule change that would allow companies to file semiannual reports on a new form, 10-S, in place of the traditional quarterly10-Qs