Oil resumes rally as Iran reportedly wants to keep enriched uranium within the country
The International Energy Agency warned that as travel demand grows during the summer season, oil markets could enter a "red zone" soon.
SpaceX scrubs test flight of massive Starship rocket, will retry Friday
SpaceX's attempted Starship launch follows the company's release of its IPO prospectus, which set the stage for what's likely to be a record offering.
The Cuba situation is starting to resemble a pre-conflict playbook
The U.S. pressure campaign against Cuba appears to have entered a new phase.
Anthropic, Microsoft in talks for AI chip deal after $5 billion investment
Microsoft has not made the Maia 200 chips available to customers, but they are used in the company's data centers, offering better efficiency than other silicon.
Eli Lilly says next-generation weight loss drug clears crucial obesity trial
The results bring Lilly one step closer to filing for approval of the injection, retatrutide, which works differently from existing injections and pills.
SoftBank Group extends scorching rally with shares in OpenAI, Arm-backer surging over 11%
Shares of SoftBank Group extended gains for a second straight session Friday.
Lenovo shares jump 15% on record earnings as AI revenue nearly doubles
Shares of Lenovo surged over 15% on Friday, after the electronics giant posted strong revenue growth bolstered by its artificial intelligence business.
China calls for APEC cooperation as commerce minister skips opening over ‘urgent official business’
China's international trade representative Li Chenggang said he was chairing Friday's meeting as Commerce Minister Wang Wentao had urgent matters to attend to.
How Fanatics cornered the sports collectibles market
As FIFA's exclusive collectibles licensee, Fanatics is set to tap a rapidly growing market in the world's largest sport, but longstanding criticisms follow.
LIV Golf seeks to raise up to $350 million from investors as post-PIF reality sets in
LIV Golf is preparing to take its updated business plan and investor pitch on the road as soon as Thursday, in an effort to raise fresh capital.
Cleveland Cavaliers owner Dan Gilbert turns grief over son’s rare disease into search for a cure
Dan Gilbert honors his son Nick by funding research into neurofibromatosis, the rare disease that took Nick’s life.
Crypto bros, scalpers and Logan Paul: Inside the world of Pokémon where cards are sold for millions
A Pokémon card boom is being driven by nostalgia, blockbuster card sales and speculation.
Indian telecom major Bharti Airtel is doubling down on Africa venture, UK's BT
Indian telecom giant Bharti Airtel is raising its stake in British and African ventures as it hunts for growth overseas
Japan core inflation softens to over four year low, weakening case for BOJ rate hike
Core inflation — which strips out prices of fresh food — was lower than the 1.7% expected by economists polled by Reuters and below the 1.8% reading in March.
Asia-Pacific markets trade higher as investors assess U.S.-Iran peace deal diplomacy
While oil prices fell in U.S. trading, reports that Tehran intends to keep its enriched uranium stockpile within the country stand to complicate negotiations with the U.S.
IMAX has held ‘preliminary talks’ with potential buyers, source says
IMAX has held "preliminary talks" through intermediaries, but no official pitches have been made directly by the company, a source told CNBC.
Guzman y Gomez shares surge as much as 20% after fast-food chain says it will exit U.S. market
Guzman y Gomez's shares surged after announcing that it has decided to exit the U.S. market while keeping its Australian business as the main focus
Trump administration says new EPA rules will save you money at the supermarket. It's not clear they will
Trump delayed Biden-era EPA refrigerant rules, saying the move will lower grocery costs, though the impact on food prices remains unclear.
How Walmart's gas price warning shapes our retail outlook — plus, Honeywell's quantum connection
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Trump postpones AI executive order signing: 'I didn't like certain aspects'
Trump said that AI is "causing tremendous good," and he was concerned that the executive order "could have been a blocker."
Airlines are struggling but China's 'Big Three' face a tougher year than most
China's carriers face sky-high jet fuel, lack of hedging strategies, and a customer base that can easily pivot to cheaper high-speed rail services.
AI spending expected to top $1 trillion in 2 years. That estimate's way too low if Jensen Huang's right
"The capex is at a trillion dollars, and it's growing toward the three to four [trillion-dollar mark]," said Nvidia CEO Jensen Huang.
Meta, Broadcom and others to launch $125 million semiconductor research hub at UCLA
Broadcom, Meta, Applied Materials, GlobalFoundries and Synopsys are joining forces to launch a $125 million "Semiconductor Hub" at UCLA.
Workday jumps 14% as it bumps up margin forecast on AI strength
Workday's CEO says the company is seeing success in artificial intelligence.