Month: May 2026
UAE says it intercepted Iranian missiles for first time since ceasefire began
Women stand looking at the Dubai skyline, with the Burj Khalifa, the world’s tallest building, seen from Creek Harbour on April 3, 2026. Fadel Senna | AFP | Getty Images The United Arab Emirates said Monday it successfully intercepted multiple missiles fired from Iran. The reported attack is the first time that the UAE has […]
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Circle jumps 16% on Clarity Act compromise that preserves stablecoin rewards
Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025. NYSE Shares of Circle surged after lawmakers over the weekend struck a compromise on the market structure bill known as the CLARITY Act, preserving stablecoin reward programs under certain conditions. On Friday, key language in […]
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Bret Taylor’s Sierra raises nearly $1 billion months after last capital push
Bret Taylor, co-founder and CEO of Sierra, speaking to CNBC at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. CNBC Artificial intelligence startup Sierra is raising nearly a billion dollars in a new funding round, CNBC has learned, as venture capital investors search for winners in an ongoing deal spree. The San […]
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U.S. military denies Iran’s claim it struck U.S. warship in Strait of Hormuz
U.S. Marines from the 31st Marine Expeditionary Unit board M/V Blue Star III, a commercial ship suspected of attempting to transit to Iran in violation of the U.S. blockade of Iranian ports, April 28, 2026. U.S. forces released the vessel after conducting a search and confirming the ship’s voyage would not include an Iranian port […]
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Musk texted OpenAI’s Brockman about settlement two days before trial began
Elon Musk arrives at the federal courthouse during proceedings in the trial over his lawsuit against OpenAI in Oakland, California, on April 30, 2026. Josh Edelson | Afp | Getty Images Two days before Elon Musk’s multi-billion-dollar lawsuit against OpenAI was slated to head to trial, Musk texted the company’s president, Greg Brockman, to gauge […]
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Berkshire shares trade higher as Buffett successor Abel scores good marks at meeting, earnings jump
In this article BRK.B Follow your favorite stocksCREATE FREE ACCOUNT Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC Berkshire Hathaway shares rose in premarket trading Monday after CEO Greg Abel’s solid performance over the weekend helming the annual meeting for the […]
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‘Misplaced euphoria’: Markets are sleepwalking into a recession amid Iran war oil price shock
Global economies could be “sleepwalking” into a “big recession”, as investors continue to underplay the impact of the oil price shock, Amrita Sen, founder and director, market intelligence at Energy Aspect, told CNBC’s “Squawk Box Europe” on Monday. The S&P 500 hit a new all-time intraday high last week, with the broad market index touching […]
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Berkshire Hathaway meeting, Spirit shuts down, Meta’s return to court and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. Congratulations to Golden Tempo on winning the Kentucky Derby. However, as a financial journalist, I felt inclined to root for Emerging Market. Stock futures are falling this morning. The market is coming off a winning week. Here are five key […]
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Meta’s public nuisance case in New Mexico has billion-dollar consequences
Mark Zuckerberg, CEO of Meta, is seen in the U.S. Capitol after a meeting in the office of Senate Majority Leader John Thune, R-S.D., on Thursday, March 26, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Meta is back in a New Mexico courthouse on Monday as part of an ongoing child safety […]
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Stocks making the biggest moves premarket: eBay, Norwegian Cruise Line, Coinbase & more
Check out the companies making the biggest moves premarket: eBay — Shares of the online marketplace jumped nearly 9% after GameStop made an unsolicited, non-binding offer Sunday to buy eBay for roughly $55.5 billion. GameStop CEO Ryan Cohen said the merger would be a way to create a strong competitor to Amazon . GameStop fell […]
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