Business
Airbus reports falling profits as jet deliveries slow
File: Visitors pass an Airbus SAS A320 aircraft on the second day of the Farnborough International Air Show in Farnborough, U.K., on Tuesday, July 10, 2012. Matthew Lloyd | Bloomberg | Getty Images Airbus reported quarterly profits that halved from a year ago late Tuesday, as deliveries of its best-selling aircraft slowed. First-quarter sales came […]
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U.S. airlines are hiking fares — and travelers keep booking
A United Airlines plane taxis at Los Angeles International Airport on April 21, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Jet fuel prices have surged this year since the attacks on Iran that began two months ago led to the Strait of Hormuz effectively closing. For now, airline executives say travelers are […]
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GM: Iran war causing cost increases, but pricey vehicles continue to sell
A Cadillac all-electric 2025 Escalade IQ luxury SUV is displayed during press day of the North American International Auto Show in Detroit, Michigan, September 14, 2023. Rebecca Cook | Reuters DETROIT — General Motors on Tuesday said the Iran war is causing cost increases to its business, but inflated consumer expenses such as higher gas […]
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OpenAI brings its models to Amazon’s cloud after ending exclusivity with Microsoft
Amazon Web Services CEO Matt Garman speaks at the HumanX conference in San Francisco on April 7, 2026. Big Event Media | HumanX Conference | Getty Images A day after OpenAI revamped its relationship with Microsoft so that it can run all of its products on any cloud, the artificial intelligence company said its models […]
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JetBlue is full-steam ahead on Fort Lauderdale, regardless of Spirit’s fate
JetBlue Airways is moving forward with its flight plans at Fort Lauderdale–Hollywood International Airport, its president said, regardless of whether the airport’s No. 1 carrier, Spirit Airlines, gets a government bailout. JetBlue, United Airlines, Frontier Airlines, Breeze Airways and others added flights last year at Fort Lauderdale, which is Spirit’s home hub, as well as […]
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ABC faces renewed Trump backlash as Kimmel says comments ‘not, by any stretch’ call for violence
A sign is displayed outside the El Capitan Entertainment Centre in Hollywood where the “Jimmy Kimmel Live!” show will be recorded on the first night the show will return to the ABC lineup on September 23, 2025 in Los Angeles, California. Mario Tama | Getty Images President Donald Trump is reviving calls this week for […]
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Office demand rebounds to highest level since Covid pandemic began
A “For Lease” sign in the Financial District of San Francisco, California, US, on Wednesday, May 3, 2023. Jason Henry | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals […]
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Tech’s hyperscalers face Wall Street for first time since U.S. Iran war sent oil prices soaring
Sebastien Bozon | Afp | Getty Images The last time tech’s hyperscalers addressed Wall Street, three months ago, they announced plans to collectively spend well over half a trillion dollars this year to build out their artificial intelligence infrastructure. That was before the U.S. invaded Iran, causing oil prices to spike, and leading to a […]
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Musk and Altman go to trial, GM earnings, Spotify’s fitness push and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Shares of key players in the artificial intelligence trade — like Oracle, Nvidia and SoftBank Group — are all falling this morning following a report that OpenAI missed internal targets for revenue and user growth. Stock futures are mixed in […]
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Stocks making the biggest moves premarket: Oracle, General Motors, Coca-Cola, Spotify & more
Check out the companies making headlines before the bell: Oracle — The software giant dropped more than 5% after The Wall Street Journal, citing people familiar, reported OpenAI recently missed its own targets for new users and revenue, raising concerns the company may not be able to support its massive AI spending. A number of […]
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