Month: May 2026
CNBC Daily Open: Trump’s Hormuz gambit lands with a whimper
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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Oil prices fall in choppy trade as Trump plans to ‘free’ ships stranded due to Mideast conflict
The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. Asghar Besharati | Getty Images Oil prices fell in choppy trade Monday, as market participants assess U.S. President Donald Trump’s announcement to “free” ships that have been trapped due to the closure of […]
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Asia markets set to open mixed after Trump unveils plan to free ships in Hormuz
A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to open mixed Monday as investors assess President Donald Trump’s plan to “free” ships stranded in the Strait of […]
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Stock futures tick higher as investors monitor latest in U.S.-Iran developments: Live updates
Traders works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on April 30, 2026. Timothy A. Clary | AFP | Getty Images U.S. stock futures inched higher Sunday night as investors closely eyed the latest developments in the Middle East. S&P 500 futures added 0.1%, and […]
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How Rakuten built a tech empire by betting early on e-commerce, mobile and AI
Rakuten founder Mickey Mikitani reflects on building one of Japan’s most influential tech companies — and why he continues to make bold bets on telecom, AI and global growth. Rakuten began as an online marketplace at a time when few believed the internet could support a real business. Nearly three decades later, it has grown into one of […]
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Trump says U.S. will ‘free’ ships trapped in Persian Gulf by Strait of Hormuz closure
U.S. President Donald Trump speaks to reporters as he departs the White House on May 1, 2026 in Washington, DC. Anna Moneymaker | Getty Images President Donald Trump said Sunday that the U.S. will attempt to “free” stranded cargo ships that have been trapped by the Strait of Hormuz closure since the war with Iran […]
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Big Tech earnings show how big, smart spending can be rewarded by the market
I am growing tired of the endless bubble talk about all of the data center spending. It’s obvious from this quarter that the bubble talk has been proven wrong; try getting someone to say that, though. So, who do I think I am to go there? Just an observer. One who believes that this was […]
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Greg Abel earns solid scorecard from Berkshire shareholders after first annual meeting
Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC OMAHA, Nebraska — In his debut running Berkshire Hathaway‘s annual meeting, Greg Abel delivered what many shareholders came to see: a steady hand, a firm grasp of the sprawling conglomerate and just enough of […]
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Pirro appears to drop plans to appeal criminal investigation of Fed Chair Powell
Jeanine Pirro is sworn in as the new interim U.S. Attorney for the District of Columbia during a ceremony hosted by U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 28, 2025. Leah Millis | Reuters U.S. Attorney for the District of Columbia Jeanine Pirro on Sunday appeared to abandon a […]
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Here are the 3 big things we’re watching in the stock market in the week ahead
The S & P 500 kept its record run alive last week, boosted by a strong batch of earnings reports that showed the artificial intelligence spending boom isn’t slowing down. Even more earnings are on the way in the coming week. Plus, the jobs market will be under the microscope. The market’s blistering rally in […]
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