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Finance

Scott Bessent Sees Gas Near $4.50, Calls Spike Temporary—Help Is On The Way

Scott Bessent told Fox News's America's Newsroom that relief is on the way as gas prices approach $4.50 a gallon. He frames the spike as a temporary aberration tied to potential shipping flows through...

Finance

Delta Cancels Hundreds of Flights as Crew Scheduling Bites; Stock Dips

Delta Air Lines canceled roughly 500 flights since Friday, per Business Insider citing an internal memo, underscoring how scheduling shifts are rippling through operations. The moves come as Delta wei...

Finance

Mullin-Amkor Trades Highlight Lawmaker Insider-Trade Scrutiny as AMKR Surges

Senator Markwayne Mullin disclosed Amkor Technology stock purchases totaling up to $150,000 across two 2026 trades, a signal investors watched amid an AI-fueled semiconductor rally. The disclosures we...

Tech

Vodafone sold us a dream - the reality was something different

Sixty-two former Vodafone UK franchisees are suing over 2020 changes to the franchise programme, a case that tests how a major retailer runs its franchised network. Vodafone says improvements have bee...

Finance

Oil slides as Middle East tensions weigh supply risk

Oil prices slipped Tuesday as traders weighed potential supply disruptions from renewed U.S.-Iran tensions. Brent fell to $113.77/bbl and WTI to $105.06/bbl, underscoring the risk premium in near-term...

Finance

United–American merger idea called a bold vision, but hurdles loom

The Allied Pilots Association’s Nick Silva framed United CEO Scott Kirby’s proposed United–American merger as a transformative, “bold vision” for passengers and American pilots. But the plan faces ste...

Politics

Sanders Pushes Windfall Tax on Oil Majors as Iran War Lifts Energy Costs

Sen. Bernie Sanders is pressing for a windfall profits tax on oil majors, arguing profits are rising in the wake of the Iran-U.S. conflict. With crude around $105 per barrel and U.S. gasoline near $4....

Finance

Trump warns Iran will be blown off the face of the Earth if U.S. ships are hit

Trump warned Iran will be blown off the face of the Earth if U.S. ships are hit as Washington clears an effective pathway through Iranian mines. The move aims to reopen the Strait of Hormuz to commerc...

Finance

Cramer's Lightning Round: TTMI a 'Good One' in AI/5G Cycle

Jim Cramer called TTM Technologies (TTMI) a 'good one' in his May 4, 2026 lightning round on CNBC's Mad Money, tying TTMI to the broader AI and 5G compute cycle. The remark could nudge near-term senti...

Tech

BYD April EV sales drop for eighth straight month; exports hit record

BYD's April EV sales fell for the eighth straight month, underscoring intensifying domestic competition. At the same time, exports surged to a record 135,098 units, signaling a stronger push abroad....

Retail

USDA Health Alert Triggers Walmart, Aldi Frozen Pizza Recalls

The USDA FSIS issued an urgent Public Health Alert on April 30 warning that certain frozen pizzas and other FDA-regulated products may be contaminated with Salmonella, triggering nationwide recalls at...

Finance

Stock futures little changed as Middle East tensions weigh on markets

Stock futures were little changed Monday night after major averages tumbled on escalating Middle East tensions. The Dow fell 557.37 points, or 1.13%, the S&P 500 declined 0.41%, and the Nasdaq Composi...

Tech

Andy Jassy: Amazon's AI Push Could Reward Investors as AWS Scales

Amazon CEO Andy Jassy frames this year's AI capital push as a once-in-a-generation bet that should eventually pay off for investors. He argues that profits and cash flow arrive only after infrastructu...

Real Estate

Foreclosures at 6-year high as insurance, taxes squeeze homeowners

Foreclosures surged to a six-year high in Q1 as costs from insurance and property taxes squeeze households. Attom data show nearly 119,000 filings, up 26% year over year, signaling affordability press...

Tech

Geely expands U.S. EV footprint via Volvo, Polestar, Zeekr

Geely’s U.S. push is accelerating as Volvo Cars, Polestar, Zeekr and other Geely brands deepen ties to American networks and potential production. The move underscores a broader shift in cross-border ...

Tech

Palantir beats estimates with 85% revenue growth, fastest expansion since 2020

Palantir topped expectations in Q1 2026 with $1.63 billion in revenue, up 85% year over year and above the $1.54 billion consensus. The strong quarter comes as the company lifts 2026 guidance and sign...

Politics

SEC and Elon Musk settle lawsuit over Twitter buyout in 2022

The SEC and Elon Musk reportedly settled a securities-law lawsuit tied to Musk's $44 billion Twitter takeover in 2022. The move ends a chapter of regulatory scrutiny around disclosures and governance ...

Finance

Novo Wegovy Pill Head Start Reframes Lilly GLP-1 Battle

Novo Nordisk’s Wegovy pill launched in January with a three-month head start over Lilly’s Foundayo, setting the early pace in the growing oral GLP-1 market. The momentum hinges on pricing, access, and...

Tech

Cramer Defends AMD After HSBC Downgrade Amid AI Demand

Jim Cramer’s Investing Club is backing AMD despite HSBC’s downgrade to Hold from Buy. HSBC argues the AI data-center wave may already be priced in and that AMD could struggle to surpass lofty server C...

Finance

Crypto Industry Urges Lawmakers on Breakthrough CLARITY Act Language

A compromise CLARITY Act language released by Sens. Thom Tillis and Angela Alsobrooks aims to prevent stablecoins from being treated as bank deposits. The framework would ban yield-like rewards on sta...

Finance

Traders Doubt Cohen's GameStop Can Pull Off Monster eBay Deal

GameStop unveiled a cash-and-stock bid to acquire eBay at a $55.5 billion valuation, but traders doubt the deal can close. Financing details remain scarce and regulatory hurdles loom, leaving markets ...

Tech

Pinterest surges 17% after earnings beat as AI pivot lifts guidance

Pinterest beat Q1 2026 expectations with revenue of $1.01 billion and adjusted earnings of $0.27 per share, sending the stock about 17% higher. The beat coincides with stronger AI-driven monetization ...

Finance

Paramount Skydance tops earnings on streaming strength as WBD deal advances

Paramount Skydance beat on Q1 2026 results and reiterated its full-year targets as the Warner Bros. Discovery deal progresses toward close. Streaming strength carried the quarter even as TV media face...

Finance

Clene climbs as FDA opens accelerated path for CNM‑Au8

Clene Inc. (CLNN) shares rose about 6.7% after the FDA signaled it would review CNM‑Au8 under the accelerated approval pathway based on neurofilament light (NfL) data. The NDA is planned for Q3 2026, ...

Politics

Budget Airlines Seek Federal Aid as Spirit Winds Down

Spirit Airlines announced an orderly wind-down of operations after its bankruptcy exit plan faltered, a development reported by Fox Business and awaiting official confirmation. Spirit also said it was...

Finance

Fed rate-cut bets could spark big US growth, expert says: 25bp vs 50bp

Markets are pricing in Fed rate cuts as inflation cools, prompting a scenario-based look at 25bp versus 50bp moves. Calamos Investments’ John Koudounis says that if inflation remains contained, easier...

Politics

Supreme Court pauses mail ban on mifepristone; market implications loom

The Supreme Court issued an administrative stay blocking a lower-court ban on mailing mifepristone, keeping access in limbo for now. The stay remains in effect at least through 5 p.m. ET on May 11, wi...

Finance

Oil jumps as Iran strikes UAE port; S&P 500 slides

Oil jumped after Iran struck the UAE's Fujairah hub, sparking a fresh wave of risk in energy markets. Brent traded at $114.18 a barrel and WTI at $105.17, up 5.6% and 3.2% respectively, as the S&P 500...

Tech

Anthropic, Goldman Sachs, Blackstone, and Hellman & Friedman Launch $1.5B Enterprise AI Venture

Anthropic is partnering with Goldman Sachs, Blackstone, and Hellman & Friedman to launch a $1.5 billion enterprise AI venture built around Claude. The plan embeds Anthropic’s Claude AI inside portfoli...

Finance

Pfizer, Arvinas Win FDA Nod For First-Of-Its-Kind Breast Cancer Therapy

The FDA has approved VEPPANU (vepdegestrant) for ESR1-mutated ER+/HER2- advanced or metastatic breast cancer after at least one line of endocrine therapy, marking a first-of-its-kind PROTAC therapy. T...

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