Exxon Mobil Corp
Oil giant Shell tops quarterly profit estimates as Iran war drives price surge
The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Brandon Bell | Getty Images British energy major Shell on Thursday reported stronger-than-expected first-quarter profit as the Iran war sent energy prices soaring. The oil giant posted adjusted earnings of $6.92 billion for the first three months of […]
Read More
Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe
Jet fuel shortages threaten to disrupt summer travel as the loss of supplies from the Middle East ripples across Asia and Europe. Exports from the Persian Gulf represented the largest single source of jet fuel supply to the global market before the U.S. and Israel attacked Iran on Feb. 28, according to the International Energy […]
Read More
Stocks making the biggest moves midday: AMD, Corning, Arm Holdings, Cencora, Uber & more
Here are the stocks making headlines in midday trading. Arm Holdings — The British semiconductor designer’s stock jumped almost 13% on Nasdaq ahead of its latest earnings report due out after the close Wednesday. UBS analyst Timothy Arcuri raised his 12-month price target on ARM Tuesday to $245 from $175 previously. Healthpeak Properties — Shares […]
Read More
Stocks making the biggest moves premarket: AMD, Disney, Uber, Corning, Super Micro Computer & more
Check out the companies making the biggest moves premarket: Advanced Micro Devices — Shares surged 18% after the chipmaker issued strong guidance. AMD is calling for second-quarter revenue of $11.2 billion, plus or minus $300 million, versus the analyst estimate for $10.52 billion. First-quarter results also surpassed expectations on the top and bottom lines. Super […]
Read More
CNBC Daily Open: Trump’s Hormuz gambit lands with a whimper
U.S. Marines from the 31st Marine Expeditionary Unit board M/V Blue Star III, a commercial ship suspected of attempting to transit to Iran in violation of the U.S. blockade of Iranian ports, April 28, 2026. U.S. forces released the vessel after conducting a search and confirming the ship’s voyage would not include an Iranian port […]
Read More
Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’
Exxon Mobil CEO Darren Woods warned Friday that the market has not absorbed the full impact of the unprecedented oil supply disruption triggered by the Iran war and the closure of the Strait of Hormuz. The disruption has been mitigated by the large number of loaded oil tankers that were in transit during the first […]
Read More
Exxon Mobil and Chevron earnings fall as Iran war disrupts oil shipments
The Exxon oil refinery in Baytown, Texas, US, on Thursday, March 5, 2026. Mark Felix | Bloomberg | Getty Images Surging oil prices due to the Iran war did not result in a windfall for Exxon Mobil and Chevron in the first quarter. The two biggest U.S. oil companies reported profits on Friday that fell […]
Read More
Stock futures rise after the S&P 500 hits a record to wrap April’s trading: Live updates
Traders work on the floor of the New York Stock Exchange on April 30, 2026. NYSE U.S. stock futures rose on Thursday night after the S&P 500 and Nasdaq Composite rose to new intraday and closing highs to round out trading for the month of April. S&P 500 futures and Nasdaq 100 futures climbed around […]
Read More
Cramer’s week ahead: Record highs meet a pivotal week for tech earnings
Key Points CNBC’s Jim Cramer said the market has become a “beast”, driven by a powerful rally in data center and AI-related stocks. He then turned to the week ahead, where a packed slate of tech earnings will test whether the surge can continue or if expectations have gotten too high. CNBC’s Jim Cramer said […]
Read More
CNBC Daily Open: Truce on land, storm at sea — markets are counting the cost
Iranian Parliament Speaker, Mohammad Bagher Ghalibaf, gestures while speaking with media in a media conference at a conference hall in the Iranian Parliament building in Tehran, Iran, on Dec. 2, 2025. Morteza Nikoubazl | Nurphoto | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily […]
Read More