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.
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.
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.
SoftBank shares surge over 16% 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.
Japan's Nikkei 225 tops 62,000 for the first time as Asia markets look past Trump’s Iran threats
Asia-Pacific markets jumped, shrugging off renewed tensions in the Middle East.
Nvidia to invest up to $3.2 billion in Corning as part of massive optical fiber deal with 3 new factories focused on AI
Corning is opening three new advanced manufacturing plants in the U.S. dedicated entirely to optical technologies for Nvidia.
Oil rises as U.S.-Iran tensions keep traders focused on Strait of Hormuz risks
Oil prices rose Thursday, as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.
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.
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.
Inside India newsletter: Social media is reshaping the world's fastest-growing market for global brands
Social media influencers are urging consumers to read labels and pushing traditional companies to make healthier products or risk being replaced by newer entrants.
Berkshire-owned distribution giant to deploy driverless big rigs across U.S. Sun Belt
Berkshire Hathaway-owned McLane, one of America's biggest distribution companies, is deploying self-driving big rigs with Aurora for its restaurants business.
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.
Jim Cramer says Big Tech cannot afford to be cheap on AI spending
Cloud computing giants cannot afford to pinch pennies on the artificial intelligence buildout, CNBC's Jim Cramer argued Wednesday.
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.
AMD's Su explains what's behind massive forecast change as stock roars 19% on earnings
CEO Lisa Su highlighted the growing demand for central processing units, doubling her long-term forecast after strong first-quarter earnings.
Will Elon Musk win his lawsuit against Sam Altman's OpenAI? Here's what prediction markets think
Trading activity on Elon Musk's suit against OpenAI is the second highest out of all prediction market contracts related to the billionaire.
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.
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
Anthropic, SpaceX announce compute deal that includes space development
Anthropic has signed a deal with SpaceX, which owns rival xAI, to use all of the compute capacity at the company’s Colossus 1 data center in Memphis, Tennessee.
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.
Marco Rubio heads to the Vatican as 2028 presidential buzz ramps up
Secretary of State Marco Rubio is a frontrunner to succeed President Donald Trump in 2028, and Trump is sending him to meet with Pope Leo XIV.
Trump says Iran will be bombed at a 'much higher level' if it doesn't agree to peace deal
Stocks rose and oil prices plunged on news reports signaling the U.S. and Iran could soon strike an agreement to end the war.
Surging gas prices are hitting lower-income households harder, New York Fed study shows
Lower-income consumers are compensating for higher gas prices by buying less.
Even if an Iran deal calms energy markets, one oil stock can still stand out
Shell plc (SHEL), along with other large integrated oil companies, have benefited from higher oil prices and should warrant investor attention.