If I told you 176 calendar days ago, just after Labor Day, that the U.S. would capture the leader of Venezuela, seize a few million barrels of oil, the Middle East would erupt into a war that eliminated much of Iran’s leadership, crude oil spikes above $120, and June rate cut is mostly off the table…
The Kalshi market “Will Iran effectively close the Strait of Hormuz for 7+ days?” appears on a smartphone screen, with the Kalshi logo displayed on a laptop computer screen in the background, in this photo illustration taken in Chania, Greece, March 9, 2026. Nikolas Kokovlis | Nurphoto | Getty Images Arizona’s attorney general has filed…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Haven’t seen this much since the Iran war started : Oil prices up and stocks up, together. Crude and equities have largely had an inverse relationship…
Microsoft AI CEO Mustafa Suleyman speaks during an event highlighting Microsoft Copilot, the company’s AI tool, on April 4, 2025 in Redmond, Washington. The company also celebrated its 50th anniversary. Stephen Brashear | Getty Images News | Getty Images Microsoft said Tuesday that it’s bringing together the engineering groups for its commercial and consumer Copilot…
Nicolai Tangen, chief executive officer of NBIM, at the Norges Bank Climate Conference in Oslo, Norway, on Oct. 21, 2025. Naina Helén Jåma | Bloomberg | Getty Images European markets are facing a crisis and must get their act together to fix it, the head of the world’s biggest individual investor has said. Speaking to…
Joe Kent, director of the National Counterterrorism Center, testifies during the House Homeland Security Committee hearing titled “Worldwide Threats to the Homeland,” in Cannon building on Wednesday, December 11, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images National Counterterrorism Center Director Joe Kent on Tuesday announced he will resign in response to the…
HSBC analysts just slashed their recommendation on the world’s most valuable pharmaceutical company, Eli Lilly, signaling a potential cooling period for the red-hot obesity drug trade that has come to dominate market narratives of the sector. Analysts led by Rajesh Kumar downgraded Lilly to Reduce from Hold, cutting their target price to $850 from $1,070,…
Key Points Semi-liquid private credit vehicles have curbed withdrawals as investors scramble to withdraw their money. A “robust and growing” secondaries market could help ease pressure amid concerns over squeezed liquidity. Private credit investors may have a potential “off-ramp” as pressure to cash out of the $3 trillion industry grows. Asset managers in the sector,…
Naval units from Iran and Russia carry out to simulation of rescue a hijacked vessel during the joint naval drills held at the Port of Bandar Abbas near the Strait of Hormuz in Hormozgan, Iran on February 19, 2026. Anadolu | Anadolu | Getty Images A fresh wave of attacks on the United Arab Emirates’…
Ali Larijani, Secretary of Iran’s Supreme National Security Council, arrives in Beirut, Lebanon, on September 27, 2025, to attend a memorial service for Hezbollah leader Hassan Nasrallah. Courtney Bonneau | Afp | Getty Images Israeli Defense Minister Israel Katz said on Tuesday that Iran’s security chief, Ali Larijani, had been killed in airstrikes overnight. Katz…
