Day: March 19, 2026
Apollo’s Sambur says software’s AI troubles will persist, noting the ‘very large unknowns’
Apollo Global Management‘s David Sambur told CNBC on Thursday that the selloff in software stocks from fears of artificial intelligence disruption is far from over. “I unfortunately think it’s very early,” Sambur, who is co-head of private equity, told CNBC’s “Money Movers.” Some Wall Street analysts have been comforted by the recent rebound in the […]
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Stock futures tick higher, but S&P 500 heads for fourth losing week in a row amid rising oil prices: Live updates
Traders prepare as sales of MDA Space Ltd begin at the New York Stock Exchange during morning trading on March 12, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty Images Stock futures ticked higher on Thursday night after new comments from Israel Prime Minister Benjamin Netanyahu appeared to somewhat […]
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U.S. tech execs smuggled Nvidia chips to China, prosecutors say
NVIDIA AI Computing Card captured in Hangzhou, Zhejiang Province, China on Dec. 9, 2025. Cfoto | Future Publishing | Getty Images The U.S. Attorney’s Office for the Southern District of New York on Thursday charged people associated with a U.S. server maker with illegally diverting billions of dollars in artificial intelligence servers to China. The […]
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FedEx beats on top and bottom lines, raises guidance on strong performance
Rear view of FedEx delivery truck with logo parked on city street, Dogpatch Neighborhood, San Francisco, California, February 25, 2026. Smith Collection/gado | Archive Photos | Getty Images FedEx on Thursday reported strong fiscal third-quarter results that beat Wall Street’s expectations. The company also raised its guidance for fiscal 2026, projecting revenue growth of 6% […]
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Amazon acquires startup Rivr to test robots for ‘doorstep delivery’
A worker delivers Amazon packages in San Francisco on Oct. 24, 2024. David Paul Morris | Bloomberg | Getty Images Amazon has acquired Rivr, a Swiss robotics company developing machines for “doorstep delivery,” the company confirmed Thursday. Terms of the deal weren’t disclosed. Amazon quietly purchased the company earlier this week, but it didn’t publicize […]
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Public relations firm picks bar fight with Polymarket
Samuel Boivin | Nurphoto | Getty Images Public relations firm Global Situation Room on Thursday sent a cease and desist letter to Polymarket over the prediction market’s planned bar pop-up in Washington. Polymarket has dubbed the bar “The Situation Room,” which the consulting firm’s attorney said infringes on its trademark, according to the letter obtained […]
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Stocks making the biggest moves after the bell: FedEx, Firefly Aerospace, Planet Labs & more
Check out the companies making the biggest moves after the bell: FedEx — The package delivery giant popped 9% on fiscal third-quarter results that beat the Street. FedEx earned $5.25 per share, excluding certain items, on revenue of $24 billion. Analysts polled by LSEG expected a profit of $4.09 per share on revenue of $23.43 […]
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Iran war-induced fertilizer shortage threatens Republicans in farm states ahead of midterms
Garrett Mauch spreads manure as fertilizer on fields at his family’s farm in Lamar, Colorado, on January 21, 2026. RJ Sangosti | The Denver Post Via Getty Images | Denver Post | Getty Images The Strait of Hormuz shutdown caused by the war in Iran is jacking up fertilizer prices, hitting farmers in their pocketbooks […]
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Apple bears are proven wrong yet again as iPhone defies the China slump narrative
Memory shortages. Way behind on AI. Tariff troubles. None of that seems to matter to Apple. It keeps selling tons of iPhones — bucking expectations, especially in China. iPhone sales in China surged 23% during the first nine weeks of 2026, in contrast to a 4% year-over-year decline in the entire smartphone market there, according […]
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$166 a barrel? Middle East oil gives clue to where all prices could be headed if Iran war drags on
The extreme spike in oil prices seen in local markets in the Middle East could give investors a glimpse into to where U.S. and Europe prices are headed if the Strait of Hormuz isn’t opened soon. Dubai crude oil prices surpassed $166 a barrel to a new record high on Thursday, according to market data […]
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