business news
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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Apple stages sharpest rally in 9 months as execs cite iPhone, Mac demand in boosting guidance
CHENGDU, CHINA – MARCH 18: Apple CEO Tim Cook attends a special event marking Apple’s 50th anniversary at the Apple Taikoo Li Chengdu store on March 18, 2026 in Chengdu, Sichuan Province of China. VCG | Getty Images Apple shares jumped more than 4% on Thursday, headed for the sharpest rally since August, after the […]
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Bitcoin surged in April, but weak buyer demand makes the rally vulnerable
Bitcoin surged in April, but its run could be on shaky ground, according to crypto data provider CryptoQuant. The flagship crypto coin gained 12.7% for the month, registering back-to-back monthly gains and its best month since April 2025. It eked out a nearly 2% gain in March, following five consecutive down months. Ether gained 8% […]
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Roblox shares plummet 18% as child safety measures weigh on bookings
Roblox shares plummeted 18% on Friday after the company reported first-quarter earnings as its new child safety measures weighed on bookings. “Part of what we’re rolling out with age check, we believe, is the real, right long-term way to build this platform,” CEO David Baszucki said Friday on CNBC’s “Squawk Box.” In a letter to […]
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Lutnick gets grilling on Nvidia chip sales to China in letter from Sen. Chris Coons
U.S. Commerce Secretary Howard Lutnick testifies during Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on fiscal year 2027 budget requests on Capitol Hill in Washington, DC, on April 22, 2026. Saul Loeb | AFP | Getty Images Sen. Chris Coons, D-Del., pressed Commerce Secretary Howard Lutnick about allowing Nvidia‘s H200 chips […]
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Atlassian stock soars 28% after earnings show strong cloud, data center growth
Atlassian shares jumped more than 28% on Friday after the software company topped Wall Street’s expectations for the fiscal third quarter, reporting strong cloud growth and data center revenue. Here’s how the company did compared with LSEG estimates: Earnings per share: $1.75 adjusted vs. $1.32 expected Revenue: $1.79 billion vs. $1.69 billion expected Atlassian’s stock […]
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