Economy
Iran war live updates: U.S. embassy in Riyadh hit by drones, Trump promises response ‘soon’
Trump touts ‘virtually unlimited’ U.S. munitions; UAE, Qatar deny weapons’ shortage President Donald Trump said Tuesday that the U.S. has a “virtually unlimited supply” of munitions as the war with Iran escalates. He added that the stockpiles “at the medium and upper medium grade” have never been higher or better. It was not immediately clear […]
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Stocks making the biggest moves after hours: MongoDB, Plug Power, Credo Technology & more
Check out the companies making headlines in after-hours trading. MongoDB — Shares plunged 23% in extended trading. MongoDB said it sees first-quarter adjusted earnings per share of between $1.15 and $1.19 and revenue of between $659 million and $664 million. Analysts polled by LSEG expected earnings of $1.21 per share and $662 million in revenue […]
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Retail investors had two favorite trades during Monday’s market turmoil
Mom-and-Pop investors rushed into a pair of trades on Monday following the U.S.-Israeli strikes on Iran. Retail investors sent millions of dollars on a net basis into the State Street Energy Select Sector SPDR ETF (XLE) and Palantir in the first hour of Monday’s session, according to VandaTrack. But the broader market didn’t see the […]
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Iran, Berkshire Hathaway earnings, OpenAI’s Pentagon deal and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. We’re coming off a weekend that could have long-term ramifications for world politics, so let’s dive in. Stock futures are tumbling this morning. The market notched a losing day and week on Friday. Here are five key things investors need […]
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Stocks making the biggest moves premarket: Exxon Mobil, Lockheed Martin, United Airlines & more
Check out the companies making headlines before the bell. Defense stocks 一 The group rose after a joint U.S.-Israeli attack on Iran over the weekend, that was met with retaliation by the oil producing giant. Lockheed Martin shares also gained 6%, while Northrop Grumman was up 5%. Drone maker AeroVironment jumped more than 10%. Oil stocks […]
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Why Iran should not count on allies Russia and China to come to its aid
China’s Foreign Minister Wang Yi (C) welcomes Russia’s Deputy Foreign Minister Sergey Ryabkov (L) and Iran’s Deputy Foreign Minister Kazeem Gharibabadi before a meeting regarding the Iranian nuclear issue at the Diaoyutai State Guesthouse in Beijing on March 14, 2025. – | Afp | Getty Images As U.S. and Israeli strikes entered their third day, […]
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Iran conflict: Where things stand, global responses — and what comes next
People protest against the US and Israeli strikes on Iran, ICE immigration raids, and in support of Palestinians during a demonstration outside the Westwood Federal Building in the Westwood neighborhood of Los Angeles on June 22, 2025. Bing Guan | Afp | Getty Images The U.S.-Israel conflict with Iran is extending into its third day […]
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Live updates: Iran security chief Ali Larijani rejects U.S. talks, blames Trump for ‘chaos’
Follow the latest news after the U.S. and Israel launched a massive attack on Iran that killed Iran’s Supreme Leader Ayatollah Ali Khamenei. Source
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$100 oil? Prolonged Hormuz closure could spark a 1970s-style energy shock
Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, a waterway through which one-fifth of global oil output passes on June 23, 2025. Giuseppe Cacace | AFP | Getty Images Oil […]
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U.S.-Israel strikes Iran: What we know as markets brace for turmoil
JERUSALEM – FEBRUARY 28: People take shelter as Iran launched missiles and drones towards Israel following the US-Israeli attacks, in Jerusalem on February 28, 2026. Mostafa Alkharouf | Anadolu | Getty Images The U.S. and Israel launched their most aggressive attack ever on Iranian targets over the weekend that killed the Islamic state’s longtime supreme […]
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