Trump pauses U.S. bid to guide ships out of Strait of Hormuz, cites Iran deal progress
President Donald Trump said he is pausing "Project Freedom," the U.S. military's bid to guide commercial ships out of the Strait of Hormuz.

President Donald Trump said he is pausing "Project Freedom," the U.S. military's bid to guide commercial ships out of the Strait of Hormuz.
AMD's earnings report lands as investors rush into the stock on optimism that the AI boom is just getting started.
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.
The rally comes after the company reported an over eightfold increase in first-quarter operating profits last week.
Super Micro pointed to progress in U.S. manufacturing in issuing a stronger-than-expected quarterly forecast.
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.
Lucid Group said it will make moves to better align its production with customer demand for its luxury all-electric vehicles.
Spirit Airlines was back in bankruptcy court to start dismantling the airline.
Strategy is shifting from passive bitcoin accumulation to actively managing balance sheet to boost bitcoin per share value.
Several countries, including the U.S., have a history of using dolphins in conflict areas, though not as weapons.
Hiring activity increased in March, according to federal data issued Tuesday. However, the Iran war threatens to stall that progress in the job market.
CNBC's Jim Cramer said the data center and artificial intelligence boom is spreading far beyond tech companies and into nearly every corner of the market.
Micron has emerged as one of the most valuable U.S. tech companies thanks to insatiable demand for memory that's needed in AI chips.
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.
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.
The studies were "withdrawn because the authors drew broad conclusions that were not supported by the underlying data," the spokesperson told CNBC.
Options traders can't get enough of semiconductor stocks.
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.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Anthropic CEO Dario Amodei warned AI has created a narrow window for software firms, governments and banks to fix tens of thousands of vulnerabilities.
Aluminum's surge since the start of the Iran war is creating cost pressures for some of America's largest companies.
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
Hard work, on its own, won't automatically make you successful, says MasterClass co-founder and CEO David Rogier. Here's what else you need, he says.
What's good for energy stocks may be bad for precious metals if the rally in crude means a rise in Treasury yields, which usually means lower gold prices.