Economy
Aluminum prices are surging. Here’s how companies are handling the costs
A can of Coors Light beer and a Ford F-150 pickup truck. Gabby Jones | Bloomberg | Brandon Bell | Getty Images Aluminum’s surge to multiyear highs in the wake of the Iran war is creating cost pressures for the businesses that manufacture everything from cars to beer cans. Aluminum on the London Metal Exchange […]
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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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Stocks making the biggest moves midday: Shopify, Advanced Micro Devices, PayPal, Intel, Coinbase & more
Here are the stocks making headlines in midday trading. Source
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Iran tensions, Palantir earnings, Musk’s SEC settlement and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Yesterday was a busy day for Amazon‘s top brass: CEO Andy Jassy joined CNBC’s “Mad Money,” while executive chairman Jeff Bezos was the honorary co-chair and lead sponsor of last night’s Met Gala. Stock futures are rising this morning after […]
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Stocks making the biggest moves premarket: Palantir Technologies, PayPal, Intel, Anheuser-Busch InBev & more
Check out the companies making headlines before the bell: PayPal — Shares gained nearly 3% after PayPal reported first quarter earnings of $1.34 per share, on an adjusted basis, on revenues of $8.35 billion. Analysts polled by LSEG had expected per-share earnings of $1.27 on revenues of $8.05 billion. Anheuser-Busch InBev — The Budweiser parent […]
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Oil prices slide as new attacks in Strait of Hormuz threaten fragile U.S.-Iran ceasefire
In an aerial view, the Marathon Petroleum Corp’s Los Angeles Refinery is seen on April 2, 2026 in Carson, California. Justin Sullivan | Getty Images Oil prices declined on Tuesday as traders assessed the risk of immediate supply disruptions amid renewed tensions between the U.S. and Iran. International benchmark Brent crude futures dipped 1.6% to $112.67 […]
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Markets on edge as fresh U.S.-Iran attacks dent optimism over a peace deal
Veiled pro-government supporters stand in a line under a banner depicting portraits of Iran’s late Supreme Leader Ayatollah Ali Khamenei and Ayatollah Mojtaba Khamenei, as they wait to receive donated meals during a state-run religious rally in downtown Tehran, Iran, on April 29, 2026. Nurphoto | Nurphoto | Getty Images Up until the weekend, global […]
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Stocks making the biggest moves midday: Berkshire, AMD, Circle, FedEx, UPS & more
Check out the companies making the biggest moves in midday trading. Logistics firms — Shares of logistics companies were under pressure after Amazon said it would launch Amazon Supply Chain Services , its own freight, distribution, fulfillment and parcel shipping business. GXO Logistics shed 11%, UPS fell about 10%, while FedEx and C.H. Robinson each […]
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Bret Taylor’s Sierra raises nearly $1 billion months after last capital push
Bret Taylor, co-founder and CEO of Sierra, speaking to CNBC at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. CNBC Artificial intelligence startup Sierra is raising nearly a billion dollars in a new funding round, CNBC has learned, as venture capital investors search for winners in an ongoing deal spree. The San […]
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Berkshire shares trade higher as Buffett successor Abel scores good marks at meeting, earnings jump
In this article BRK.B Follow your favorite stocksCREATE FREE ACCOUNT Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC Berkshire Hathaway shares rose in premarket trading Monday after CEO Greg Abel’s solid performance over the weekend helming the annual meeting for the […]
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