Month: May 2026

Cramer defends AMD after downgrade: ‘This stock is going to go up much more’
Technology

Cramer defends AMD after downgrade: ‘This stock is going to go up much more’

Key Points CNBC’s Jim Cramer said AMD still has significant upside, arguing AI-driven demand for CPUs will keep pushing the stock higher. Cramer was responding to HSBC’s downgrade of AMD to hold from buy. CNBC’s Jim Cramer pushed back on a downgrade of Advanced Micro Devices , saying the stock still has meaningful upside as […]

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Novo Nordisk’s Wegovy pill head start forces investors to rethink Eli Lilly’s GLP-1 dominance
World

Novo Nordisk’s Wegovy pill head start forces investors to rethink Eli Lilly’s GLP-1 dominance

Still life of the new Wegovy semaglutide tablets on a white background. Its a prescription medicine used with a reduced calorie diet and .and physical activity. Michael Siluk | Universal Images Group | Getty Images When the Wegovy pill launched in January, telehealth provider LifeMD said its business doubled almost overnight.  LifeMD went from seeing […]

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Wyndham CEO on Q1: Big pickup in our customers looking to travel
Travel

Wyndham CEO on Q1: Big pickup in our customers looking to travel

Geoff Ballotti, Wyndham CEO, joins ‘The Exchange’ to discuss the company’s quarterly earnings results, the Wyndham consumers and much more. Source

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Traffic in the Strait of Hormuz won’t return to normal until August or later, according to Kalshi traders
Finance

Traffic in the Strait of Hormuz won’t return to normal until August or later, according to Kalshi traders

Key Points Traders think there’s a 59% chance traffic returns to normal by September 1. Odds that happens by August are hovering around 50%. Kalshi defines normal traffic flows on the contract as the 7-day moving average of transit through the strait crossing 60 based on data from IMF PortWatch.  Source

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Anthropic teams with Goldman, Blackstone and others on .5 billion AI venture targeting PE-owned firms
Business

Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms

Anthropic CEO Dario Amodei looks on after a meeting with French President Emmanuel Macron during the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images Anthropic said Monday it is partnering with private equity giants Goldman Sachs and Blackstone to launch a $1.5 billion firm aimed at […]

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UPS, FedEx stocks sink after Amazon expands logistics network to other businesses
Business

UPS, FedEx stocks sink after Amazon expands logistics network to other businesses

A UPS Boeing 767 departs Los Angeles International Airport en route to Louisville, Kentucky, Jan. 27, 2026. Kevin Carter | Getty Images Shares of logistics giants UPS and FedEx sank on Monday after Amazon announced a new initiative to open up its supply chain networks to other businesses. Both stocks were down 10% in midday […]

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How Spirit Airlines’ demise will benefit rivals — and raise airfares even more
Travel

How Spirit Airlines’ demise will benefit rivals — and raise airfares even more

A Spirit Airlines Airbus A321 airplane taxis at Los Angeles International Airport after arriving from Fort Lauderdale on March 30, 2025 in Los Angeles, California. Kevin Carter | Getty Images Just hours after Spirit Airlines collapsed, its rivals unveiled their new flight plans. Airlines had actually been at work for months on their route changes […]

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Stocks making the biggest moves midday: Berkshire, AMD, Circle, FedEx, UPS & more
Finance

Stocks making the biggest moves midday: Berkshire, AMD, Circle, FedEx, UPS & more

Check out the companies making the biggest moves in midday trading. Logistics firms — Shares of logistics companies were under pressure after Amazon said it would launch Amazon Supply Chain Services , its own freight, distribution, fulfillment and parcel shipping business. GXO Logistics shed 11%, UPS fell about 10%, while FedEx and C.H. Robinson each […]

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Supreme Court temporarily lifts mail ban on abortion pill mifepristone
Politics

Supreme Court temporarily lifts mail ban on abortion pill mifepristone

In this photo illustration, A packet of Mifepristone is seen at Wyoming’s last abortion clinic, Wellspring Center March 10, 2025 in Casper, Wyoming. Natalie Behring | Getty Images The U.S. Supreme Court on Monday temporarily lifted a lower court’s ban on the abortion pill mifepristone being sent through the mail. The administrative stay of the […]

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UAE says it intercepted Iranian missiles for first time since ceasefire began
Politics

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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