Economy
Stocks making the biggest moves premarket: Honeywell, Nokia, Netflix, IBM, Tesla & more
Check out the companies making the biggest moves before the bell: Netflix — The streaming giant gained more than 1% after a regulatory filing showed the company authorized an additional $25 billion share buyback. Helix Energy Solutions — Shares of the offshore energy company rose more than 3% after Helix agreed to merge with privately […]
Read More
Oil exporters scramble for routes beyond Hormuz — but options are constrained
Maps4Media processed and enhanced Sentinal-2 satellite imagery shows a broad view of the Strait of Hormuz between southern Iran and Oman’s Musandam Peninsula, including surrounding islands, coastal terrain, and turquoise shallow-water zones at the entrance to the Persian Gulf. Maps4media | Getty Images News | Getty Images Middle Eastern oil and gas producers are still […]
Read More
Justin Trudeau tells CNBC that international organizations may no longer be fit for purpose. Watch live
Canada’s former Prime Minister Justin Trudeau said at CNBC’s CONVERGE LIVE in Singapore Thursday that international financial institutions were “spectacularly ill-adjusted” to respond to modern day issues. “You can look to different places around the world to realize that those institutions, whether it was the WTO or the IMF or what have you, aren’t necessarily […]
Read More
South Korea economic growth roared past estimates in Q1, thanks to chips
A screen displays the closing figure of the Korea Composite Stock Price Index (KOSPI) inside a trading room at Hana Bank in Seoul, South Korea, on April 8, 2026. Hwawon Lee | Anadolu | Getty Images South Korea’s economy beat expectations in the first quarter of 2026 to record the fastest growth since mid-2020, as booming semiconductor demand offset the drag of weak public spending, central bank […]
Read More
Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him
Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chair, told lawmakers that he would like the central bank to change its strategy for measuring inflation. But Bank of America economist Aditya Bhave warned Wednesday that such a reconfiguration — part of a broader “regime change” that Warsh has promised for the central bank — […]
Read More
White House UAE financial lifeline raises bigger questions about booming Mideast economy post-war
Tourists and visitors walking around the Sheikh Zayed Grand Mosque the largest Mosque the United Arab Emirates, a key place of daily worship in Abu Dhabi, United Arab Emirates. There are 82 domes of seven different sizes and 4 minarets throughout, and has a large car park and a shopping mall underneath it. Andrew Aitchison […]
Read More
Stocks making the biggest moves midday: Axe Compute, AST SpaceMobile, United Airlines, GE Vernova & more
Check out the companies making the biggest moves midday: Calix — The AI and cloud platform tumbled 16% after the company warned of margin headwinds for the year, overshadowing better-than-expected results for the first quarter. TE Connectivity — Shares of the electrical components maker shed 12% after the company’s second-quarter guidance underwhelemed investors. TE sees […]
Read More
Trump administration in advanced talks for Spirit Airlines rescue package, source says
The Trump administration is in advanced talks for a financing package for Spirit Airlines as the carrier is facing the risk of a liquidation, according to a person familiar with the matter. The iconic discounter Spirit has been challenged for years by rising costs, changing consumer tastes, an engine recall and a court-blocked plan to […]
Read More
Ceasefire extension, Best Buy’s new CEO, Amazon’s GLP-1 push and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. With all the volatility in the oil market, I found it helpful to look at this timeline for a reminder of all that’s happened over the last eight weeks. Stock futures are higher this morning. All three major indexes closed […]
Read More
Stocks making the biggest moves premarket: GE Vernova, Vertiv, Best Buy & more
Check out the companies making the biggest moves premarket: United Airlines — Shares rose more than 1.5% even after the airline posted disappointing guidance for its current quarter and full year as rising fuel prices pressure its outlook. United expects 2026 adjusted earnings of between $7 and $11 per share, down from prior guidance of […]
Read More