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on 05/21/2026

Walmart issues worse-than-expected outlook as high gas prices hit shoppers

Walmart's CFO John David Rainey said higher tax returns helped offset the effect of higher gas prices in the first quarter.

on 05/21/2026

Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes

on 05/21/2026

Nvidia says it has ‘largely conceded’ China’s AI chip market to Huawei

Nvidia CEO Jensen Huang said the company has "largely conceded" China's advanced artificial intelligence chip market to Huawei.

on 05/21/2026

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.

on 05/21/2026

Iran reviews U.S. peace proposal as Trump says he’s willing to wait 'a few days'

It comes after President Donald Trump said he was prepared to wait a few more days to "get the right answers" from Tehran.

on 05/20/2026

Bezos defends billionaires, hypes AI, talks taxes and praises Trump in CNBC interview

Jeff Bezos rejected accusations that Amazon's decision to release a documentary on first lady Melania Trump was an effort to curry favor with the president.

on 05/21/2026

Ubisoft shares plunge 14% after Assassin’s Creed maker warns of annual profit loss

Ubisoft shares plunged on Thursday after the Assassin's Creed maker warned of further losses this year.

on 05/20/2026

UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete

The UAE has redirected some oil exports through an existing pipeline to Fujairah, which has a maximum capacity of 1.8 million barrels per day.

on 05/20/2026

Ram unveils lineup of Hemi V-8 engine-powered 'muscle trucks' despite high gas prices

Stellantis plans to launch a new lineup of what it's calling "muscle trucks" for its Ram brand despite elevated U.S. gas prices due to the war in Iran.

on 05/20/2026

Zuckerberg's Meta layoffs memo: 'Success isn't a given' in the AI era

Meta on Wednesday commenced its latest round of layoffs, which affect about 10% of the company's workforce or roughly 8,000 jobs.

on 05/21/2026

Three key takeaways from Putin's Beijing trip — and what they reveal about China-Russia ties

Putin left Beijing with declarations of enduring friendship with China and a stack of bilateral agreements — but without the energy breakthrough Moscow desperately sought.

on 05/20/2026

Sinkhole shuts runway at LaGuardia Airport, delaying flights, Port Authority warns

The Port Authority said travelers should expect delays and cancellations, with thunderstorms expected also expected to roll in Wednesday.

on 05/21/2026

Traders are making big moves ahead of these earnings reports due Thursday

With Nvidia earnings in the rearview mirror, traders have a handful of earnings before and after the bell to trade on Thursday.

on 05/21/2026

Anthropic set to hit $10.9 billion in revenue during second quarter, source says

If Anthropic hits the revenue target, it will post its first profitable quarter, a source told CNBC

on 05/21/2026

Jim Cramer says the world of tech investing has changed and it's not going back

CNBC's Jim Cramer said semiconductor and AI infrastructure stocks have replaced software as the market's technology leaders.

on 05/21/2026

We're raising our price target on Nvidia after another knockout quarter and guide

Nvidia shares aren't moving much in extended trading. But the initial reaction hardly tells the full story.

on 05/21/2026

'Europe doesn't realize how dangerous it is': Telecoms CEO warns of U.S. dominance in satellites, AI

Europe is vulnerable with a non-state actor like Starlink having the power to switch off the continent's connectivity.

on 05/21/2026

Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth

Intuit's stock has been hammered this year as investors worry that generative artificial intelligence models could threaten software companies.

on 05/20/2026

OpenAI to confidentially file for IPO as soon as Friday: Source

OpenAI is working with banks including Goldman Sachs and Morgan Stanley.

on 05/21/2026

SoftBank Group shares soar 20% as Nvidia earnings signal strong AI momentum

SoftBank Group is closely tied to the AI boom through its stake in Arm Holdings, whose chip designs are used in AI servers and data centers powered by Nvidia systems.

on 05/21/2026

UK-Gulf trade deal a 'monumental achievement,' Bahrain industry minister tells CNBC

Abdulla bin Adel Fakhro said the deal was a win-win for the U.K. and Gulf states.

on 05/21/2026

Congress is best chance to stop Trump 'lawfare' fund, attorneys say

The Department of Justice has set up a $1.8 billion fund that will purportedly compensate victims of prosecutorial overreach under the Biden administration.

on 05/21/2026

Tesla brings 'Full Self-Driving' to China after years of delays as local EV rivals race ahead

Tesla's full self-driving (FSD) capabilities are now available in China after years of delay, the company said in an X post on Thursday.

on 05/21/2026

Inflation fears are rippling through industrial metals. Here's where prices could go next

The moves came amid broader volatile trade in global bond and equity markets, faced with fears of resurgent inflation.