Month: May 2026
Trump says he’s raising EU auto tariffs to 25% without clarifying how
President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies. “Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged […]
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Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’
Exxon Mobil CEO Darren Woods warned Friday that the market has not absorbed the full impact of the unprecedented oil supply disruption triggered by the Iran war and the closure of the Strait of Hormuz. The disruption has been mitigated by the large number of loaded oil tankers that were in transit during the first […]
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The market isn’t grading all Big Tech earnings the same — here’s why
In this Club Check-in, CNBC Investing Club’s Paulina Likos and Zev Fima break down what really matters for investors after a flurry of earnings reports that highlighted both strong demand for artificial intelligence infrastructure and a continued surge in spending. The AI trade faced a major test this week as several of the key hyperscalers […]
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U.S. oil prices will exceed Iran wartime high to above $125 as conflict drags on, Kalshi traders say
In this article @CL.1 @LCO.1 Follow your favorite stocksCREATE FREE ACCOUNT Gas prices over $6.00 are displayed at a Shell station across from the Marathon Petroleum Corp’s Los Angeles Refinery on April 02, 2026 in Carson, California. Justin Sullivan | Getty Images News | Getty Images Western Texas Intermediate crude futures haven’t hit their highs […]
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Six months out, control of the Senate is a dead heat, traders on Kalshi say
Key Points Democrats and Republicans both hold 50% odds to win control of the U.S. Senate, according to traders on Kalshi. Republicans’ odds of maintaining their majority have fallen throughout 2026, but that decline intensified in March as traders grappled with the political consequences of the U.S.-Iran war. Source
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Trump says government gave ‘final’ bailout proposal for Spirit Airlines as liquidation looms
Spirit Airlines airplanes sit parked at Fort Lauderdale – Hollywood International Airport, in Fort Lauderdale, Florida, U.S., April 23, 2026. Marco Bello | Reuters President Donald Trump said Friday that his administration gave a “final” bailout proposal for Spirit Airlines as the budget carrier could be forced to liquidate without a lifeline. Talks with bondholders […]
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Roku is one of the big earnings winners of the day. Two major analysts see more to go
Roku rallied as much as 9% Friday following its first-quarter earnings report on Thursday, and the provider of streamed entertainment still has more room to run, according to leading analysts on Wall Street. Roku continues to strengthen its businesses and is benefiting from broader industry tailwinds, they said. Morgan Stanley reiterated its overweight rating on […]
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Why you won’t find Kentucky Derby bets on prediction platforms
The biggest horse race in the country, the Kentucky Derby, takes place Saturday in Louisville. If you’re looking to make a wager on Kalshi, Polymarket or another prediction platform around the event — you’re out of luck. There are no Kentucky Derby event contracts offered on the major prediction platforms, which host contracts on everything […]
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Pirro keeps pressure on Fed’s Powell despite dropping probe
Jeanine Pirro, US attorney for the District of Columbia, speaks during a news conference at the Department of Justice (DOJ) in Washington, DC, US, on Friday, Feb. 6, 2026. Aaron Schwartz | Bloomberg | Getty Images U.S. Attorney for the District of Columbia Jeanine Pirro may have suspended her criminal investigation into outgoing Federal Reserve […]
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Trump says ‘Iran wants to make a deal, but I’m not satisfied with it’
President Donald Trump speaks to the media before boarding Marine One on the South Lawn of the White House on April 16, 2026. Anna Moneymaker | Getty Images President Donald Trump on Friday said he is not satisfied with a new offer from Iran to end a two-month-old war with the United States and Israel. […]
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