business news
FDA withdrew studies finding Covid, shingles vaccines were safe
The FDA blocked the publication of several studies supporting the safety of vaccines against Covid and shingles in recent months, a Health and Human Services Department spokesperson confirmed on Tuesday. It’s the latest effort by the Trump administration to challenge safe and effective shots in the U.S. and make them harder to access for some […]
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Super Micro stock jumps 19% on guidance beat as revenue more than doubles
Super Micro CEO Charles Liang speaks at the HumanX conference in Las Vegas on March 10, 2025. Big Event Media | HumanX | Getty Images Super Micro Computer shares jumped 19% in extended trading on Tuesday after the server maker issued strong guidance, although revenue for its fiscal third quarter came in below estimates. Here’s […]
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AMD tops estimates for first quarter as data center revenue jumps 57%
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the 2026 CES event in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026. Bridget Bennett | Bloomberg | Getty Images Advanced Micro Devices reported first-quarter earnings Tuesday that topped expectations, while the company’s revenue forecast also exceeded estimates as demand […]
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Frontier Airlines forecasts revenue boost from Spirit collapse
Spirit Airlines and Frontier Airlines ticket counters at Kansas City International Airport. Leslie Josephs/CNBC Frontier Airlines expects a revenue boost from Spirit Airlines’ collapse over the weekend, a shuttering that removed Spirit’s capacity from the market overnight. “Drawing on the benefits realized from prior Spirit capacity adjustments, we believe their exit supports a [revenue per […]
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Iran doesn’t have ‘kamikaze dolphins,’ Hegseth says. But marine mammals have a long history of military use
A US Navy trained dolphin named Ten, seen above, discovered a 1800’s era torpedo in San Diego Bay. Don Bartletti | Los Angeles Times | Getty Images Defense Secretary Pete Hegseth on Tuesday shut down the idea that Iran could weaponize marine mammals in the Strait of Hormuz as the war with Iran continues as […]
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U.S. says ‘Project Freedom’ will reopen Hormuz Strait for commerce. Experts are skeptical
Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. Amirhosein Khorgooi | ISNA | WANA | Via Reuters Defense and geopolitical experts are skeptical that “Project Freedom,” the Trump administration’s new effort to reopen the Strait of Hormuz to commercial traffic, will succeed. “In my view, it’s not a solution at […]
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Intel and Micron are poised to break major milestones
Options Action Intel and Micron are poised to break major milestones Published Tue, May 5 20262:51 PM EDTUpdated 56 Min Ago Oliver Renick@OJRenick WATCH LIVE Source
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Keep buying Five Below as it leans into squishy dumplings, says analyst
Wolfe Research believes that the latest growth driver for Five Below comes in the form of a squishy toy dumpling. In a Tuesday note to clients, analyst Spencer Hanus reiterated his outperform rating on the off-price retail chain. Hanus’ new price target of $291 price target implies upside of 26% from where shares of Five […]
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Spirit starts monthslong process of dismantling airline after biggest collapse in a generation
A Spirit Airlines airplane at Baltimore Washington International Thurgood Marshall Airport (BWI) in Baltimore, Maryland, US, on Saturday, May 2, 2026. Daniel Heuer | Bloomberg | Getty Images Spirit Airlines’ more than three-decade run ended over the weekend, but on Tuesday it was just starting the monthslong process of dismantling the company after the biggest […]
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Anthropic CEO warns of cyber ‘moment of danger’ as AI exposes thousands of vulnerabilities
Key Points Anthropic CEO Dario Amodei warned Tuesday that there is a 6-to 12-month window to patch tens of thousands of software vulnerabilities uncovered by the company’s Mythos model before Chinese AI catches up. Amodei and JPMorgan Chase CEO Jamie Dimon appeared together at an Anthropic financial services event, signaling the AI giant’s lead in […]
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