We’ve taken a closer look at Cardinal Health’s quarterly results and conference call following Thursday’s sell-off. Our conclusion: The 4.9% decline was an overreaction, and we would be buyers on Friday morning if not restricted. Note: We’re prevented from trading stocks that Jim Cramer mentions on CNBC TV for 72 hours. He mentioned Cardinal on…
Atlassian shares jumped more than 28% on Friday after the software company topped Wall Street’s expectations for the fiscal third quarter, reporting strong cloud growth and data center revenue. Here’s how the company did compared with LSEG estimates: Earnings per share: $1.75 adjusted vs. $1.32 expected Revenue: $1.79 billion vs. $1.69 billion expected Atlassian’s stock…
The Kansas City Chiefs had three picks in the top-40 selections of the 2026 NFL Draft, and star tight end Travis Kelce is enthused about the impact that one of those players will have, that being Oklahoma Sooners defensive end R Mason Thomas. “The guy is a freak of nature in terms of athleticism and…
My top 10 things to watch Friday, May 1 1. Stocks are up, and oil prices are down, to kick off a new month of trading. Apple shares rose on a strong quarter, helping boost the S & P 500 , which closed above 7,200 for the first time. Brent crude futures tumbled on easing…
A rendering of Smoothie King’s new store design Source: Smoothie King From the rise of GLP-1 drugs to backlash against artificial ingredients, current wellness trends are fueling growth for Smoothie King. “There are significant industry tailwinds behind what we’re doing,” said Gavin Felder, the chain’s president and CFO. “What we’ve learned is people are a…
Google CEO Sundar Pichai attends the AI Impact Summit in New Delhi, India, Friday, Feb. 20, 2026. AP Quietly, shares of Google-parent Alphabet are on the verge of topping $5 trillion, and overtaking AI-leader Nvidia as the world’s most valuable company. And according to options prices, it may happen sooner rather than later. The breakout…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. My colleagues and I will be covering Berkshire Hathaway‘s annual meeting tomorrow — its first without Warren Buffett as CEO. You can follow along with our special coverage on TV and online. S&P 500 futures are little changed this morning…
An Elon Musk sign sits in a bush the federal courthouse during proceedings in the trial over Elon Musk’s lawsuit against OpenAI in Oakland, California, on April 30, 2026. Josh Edelson | AFP | Getty Images A progressive wing of the Democratic Party in Delaware is endorsing primary opponents to six incumbent Democratic state lawmakers…
Here are the biggest calls on Wall Street on Friday: Bank of America reiterates Apple as buy Bank of America says it sees a host of tailwinds for Apple following earnings on Thursday. “We remain bullish on shares of Apple h eading into the remainder of 2026 given (1) iPhone revenues are tracking better than…
Defense Department CTO Emil Michael on Friday said Anthropic is still a supply chain risk, but that Mythos, the company’s artificial intelligence model with advanced cyber capabilities, is a “separate national security moment.” “I think the Mythos issue that’s being dealt with government wide, not just at Department War, is a separate national security moment where…
