Economy
Clock ticks on Spirit Airlines as bondholders weigh Trump bailout. Here’s what could happen next
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines’ future is hanging in the balance over the next week as President Donald Trump said the government could bail out the […]
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Stocks making the biggest moves midday: Intel, AMD, Charter, Hims & Hers, Eli Lilly and more
Check out the companies making the biggest moves in midday trading: Comcast , Charter Communications — The NBCUniversal parent tumbled nearly 8% after a Deutsche Bank downgrade to hold from buy. Analysts at the bank said that, “there’s visibility into a return to sustainable revenue, EBITDA, and [free cash flow] growth; we do not expect […]
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Treasury yields little changed after Israel-Lebanon ceasefire announcement
Lebanon Ambassador to the US Nada Hamadeh Moawad speaks to reporters after a meeting with US President Donald Trump, Lebanon Ambassador to the US and Israel Ambassador to the US, at the White House in Washington, DC on April 23, 2026. Mandel Ngan | AFP | Getty Images U.S. Treasury yields were little changed on […]
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Stocks making the biggest moves premarket: Intel, Advanced Micro Devices, Procter & Gamble & more
Check out the companies making the biggest moves premarket: Intel — Shares nearly 27% after the chipmaker posted first-quarter earnings that beat Wall Street’s expectations. Intel posted adjusted earnings of 29 cents per share on revenue of $13.58 billion, while analysts polled by LSEG had expected it to earn 1 cent per share on $12.42 […]
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The aerospace and defense trade is taking investors deeper into space, and more ETFs are up for the mission
The aerospace and defense trade is taking investors deeper into space and exchange-traded funds want a part of it. VettaFi’s Cinthia Murphy told CNBC’s “ETF Edge” this week there are now more ETFs tackling the space theme more directly — listing the Procure Space ETF (UFO) and Global X Defense Tech ETF (SHLD) as examples. […]
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Stocks making the biggest moves midday: Texas Instruments, United Rentals, Wex, Penn Entertainment & more
Check out the companies making the biggest moves midday: Texas Instruments — The semiconductor stock soared 19% after the company forecast that its current-quarter earnings would come in the range of $1.77 to $2.05 per share, versus the $1.57 consensus, according to LSEG. Similarly, it sees its revenue coming in between $5 billion to $5.4 […]
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Spirit Airlines lawyer says cash ‘not going to last for very much longer,’ but government rescue on the table
A Spirit Airlines plane at New York’s LaGuardia Airport. Leslie Josephs/CNBC Spirit Airlines’ accessible cash to keep operating won’t last long and a government rescue package is on the table, a lawyer for the struggling budget carrier said at a hearing Thursday. The company needs access to existing cash or new funding in the next […]
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These charts show how Iran’s economy is in freefall
An Iranian salesperson sits beside a portrait of Iran’s late Supreme Leader Ayatollah Ali Khamenei at his fruit shop in the Shahid Boroujerdi residential complex in southern Tehran, Iran, on April 14, 2026. Morteza Nikoubazl | Nurphoto | Getty Images The war in the Middle East is plunging Iran’s already fragile economy into freefall. Tehran’s […]
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