business news
Netflix was long ‘a builder not a buyer.’ Is that era over?
The Netflix logo is pictured at the company’s offices on Vine in Los Angeles, Dec. 5, 2025. Patrick T. Fallon | AFP | Getty Images For years, Netflix top brass would tell investors they were builders not buyers. Now, that sentiment toward growth may be changing. On Thursday Netflix reported its quarterly earnings. Typically, Netflix’s […]
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Iran declares Strait of Hormuz open to shipping; Trump says U.S. blockade still active
Iranian Foreign Minister Seyyed Abbas Araghchi in Cairo, Egypt, on Oct. 17, 2024. Sayed Mohamed | Xinhua News Agency | Getty Images Iran on Friday declared the Strait of Hormuz completely open to commercial traffic during the ceasefire between Israel and Lebanon. “In line with the ceasefire in Lebanon, the passage for all commercial vessels […]
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House Dem Sam Liccardo probes suspicious oil trades during Iran war
Rep. Sam Liccardo, D-Calif., attends a news conference with members of the Congressional Hispanic Caucus during the House Democrats’ 2025 Issues Conference at the Lansdowne Resort in Leesburg, Virginia, March 13, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Sam Liccardo, D-Calif., is probing whether the nation’s top financial regulators are examining […]
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Investors are due a brutal wake-up call as economic reality sets in — and there’s nowhere to hide
Investors are dangerously underestimating the lasting impact of the Middle East war, as markets rally on optimism over a ceasefire agreement and rapid economic rebound. That’s the view of Sophie Huynh, portfolio manager and strategist at BNP Paribas Asset Management, who warned the market is not reflecting “the economic reality of what we could be […]
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The Nasdaq’s win streak, Netflix earnings, another AI pivot and more in Morning Squawk
1. Peace talks US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Thursday, April 16, 2026. Graeme Sloan | Bloomberg | Getty Images Stocks climbed higher in yesterday’s session after President Donald Trump announced that Israel and […]
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Nvidia AI chip rivals attract record funding as competition heats up
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Nvidia has cemented itself at the heart of the AI boom with a monopoly on the most powerful chips to train and run models, but a growing crop of startups are set on challenging the company’s supremacy. And […]
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U.S. tech companies ramp up government lobbying amid Iran war uncertainty
U.S. tech companies are ramping up lobbying of government officials at home and further afield amid the Iran war, as they look to defend their interests and map out contingency plans, industry insiders told CNBC. Conflict in the Middle East has thrown the global business sector into disarray, with oil prices skyrocketing and supply chains […]
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If a violent downturn strikes the market, new ETF strategies may be vulnerable. Here’s why
ETF Edge If a violent downturn strikes the market, new ETF strategies may be vulnerable. Here’s why Published Fri, Apr 17 20267:00 AM EDT Blair Bao WATCH LIVE Source
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Uber Eats has a fix for pesky returns. You can just sit on the couch
An Uber Eats courier is seen in Krakow, Poland, on Aug. 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Returning packages is a pain. Uber says it can fix that. Uber Eats announced a returns feature on Friday that lets customers do it all from the phone, and a courier will pick up and […]
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