Markets
Nvidia CEO says AI partnership with Corning will ‘revitalize American manufacturing’
Nvidia CEO Jensen Huang told CNBC’s Jim Cramer that the company’s new partnership with Corning represents an important opportunity to rebuild critical parts of the technology supply chain in the United States. “We’re going through the single largest infrastructure buildout in human history,” Huang said “Mad Money” on Wednesday. “Artificial intelligence is going to become […]
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Stocks making the biggest moves after hours: Akamai Technologies, Expedia, Lyft, Texas Roadhouse and more
Check out the companies making headlines after the bell : Gen Digital — The software stock popped 8% after sharing current-quarter and full-year revenue guidance that exceeded analysts’ expectations, per FactSet. Gen Digital also posted a fiscal fourth-quarter adjusted earnings and revenue beat. Airbnb — The vacation rental stock added 1%. First-quarter revenue of $2.68 […]
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Coinbase posts steep first-quarter loss after slide in crypto prices, shares fall 4%
Coinbase posted lower-than-expected results for the first quarter as crypto prices fell, weighing on one of the companies’ major revenue drivers — spot trading in digital assets . Here’s how Coinbase performed in its quarter ended March 31, compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per […]
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Shell CEO says oil market is short nearly 1 billion barrels due to Iran war and the hole deepens every day
The oil market faces a shortage of nearly one billion barrels that will only get worse every day the conflict in the Middle East drags on, Shell CEO Wael Sawan told investors Thursday. “The hard facts are we have dug ourselves a hole of close to a billion barrels of crude shortage at the moment, […]
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Options traders love this under-the-radar AI play
Traders work at the New York Stock Exchange on May 7, 2026. NYSE For an $18 billion market-cap company, data-center owner Iren trades like one of the AI giants. The company had two of the top 20 biggest options trades in the market on Thursday and a total $173 million of premium traded hands, with […]
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Stocks making the biggest moves midday: Planet Fitness, Whirlpool, Vital Farms, Shake Shack & more
Check out the companies making the biggest moves midday: Planet Fitness — Shares fell nearly 33% after the gym operator lowered its full-year earnings outlook. The company now sees its bottom line growing about 4% year on year. That’s down from a forecast that called for an expansion of 9% to 10%. Vital Farms — […]
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Kalshi traders see odds rising that a U.S.-Iran nuclear deal will be reached by 2027
Key Points Traders on prediction markets platform Kalshi now see a 58% chance a deal is reached by 2027. That’s higher than before an Axios report said the two countries were close to a deal to end the war, but lower than in mid-April when there was more hope for an end to the conflict. […]
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S&P hits fresh record as oil continues pullback on hope U.S.-Iran deal is close: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on May 6, 2026 in New York City. Spencer Platt | Getty Images The S&P 500 hit a new all-time intraday high on Thursday as oil prices fell for another day, buoyed by hopes that the U.S. and Iran were closing in on […]
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Norway’s central bank raises interest rates to curb inflation; European stocks end lower
European stocks finished Thursday in negative territory as investors await the outcome of reports that Washington and Tehran are nearing an agreement to end the war. The pan-European Stoxx 600 index closed the session down more than 1%, reversing earlier gains. Major regional bourses in London, Paris, Frankfurt and Milan all finished in the red, […]
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Ryan Cohen’s mysterious bank letter backing GameStop’s eBay bid reveals a big issue with deal
Key Points Earlier this week, GameStop made a bold offer to buy eBay for $56 billion. The video game retailer said that it has lined up a $20 billion financing commitment from TD Securities. A key condition in this financing letter from TD Securities would require the combined entity to maintain an investment-grade credit profile, […]
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