ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ken Griffin, Citadel CEO, joins ‘The Exchange’ to discuss the risks around the Iran war, if the market action makes sense and much more. 03:48 Tue, May 5 20262:01 PM EDT <
Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. Amirhosein Khorgooi | ISNA | WANA | Via Reuters Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Within days of announcing “Project Freedom,” U.S. President Donald Trump has paused it, marking the…
This photo shows a view of LyondellBasell refinery near the Houston Ship Channel, part of the Port of Houston, on April 29, 2026. Ronaldo Schemidt | AFP | Getty Images Oil prices fell on Wednesday after President Donald Trump said the U.S. would pause its naval escort effort in the Strait of Hormuz, raising hopes…
A man looks at a screen showing global stock market information on the street in Tokyo, Japan. Chris McGrath | Getty Images Asia-Pacific markets were set to open higher, tracking Wall Street gains overnight as a drop in oil prices and strong earnings lifted investor sentiment. Signaling diplomatic efforts for resolving the Middle East crisis…
Wolfe Research believes that the latest growth driver for Five Below comes in the form of a squishy toy dumpling. In a Tuesday note to clients, analyst Spencer Hanus reiterated his outperform rating on the off-price retail chain. Hanus’ new price target of $291 price target implies upside of 26% from where shares of Five…
Palantir’s stock is down after a gangbusters first quarter , and while the earnings report showed one or two tiny blemishes, signs of any real weakness for the company were basically nonexistent, even by the hyperbolic standards of tech-sector performance. The lukewarm investor response more likely signals wariness of soaring valuations and fatigue with idiosyncratic…
Spirit Airlines and Frontier Airlines ticket counters at Kansas City International Airport. Leslie Josephs/CNBC Frontier Airlines expects a revenue boost from Spirit Airlines’ collapse over the weekend, a shuttering that removed Spirit’s capacity from the market overnight. “Drawing on the benefits realized from prior Spirit capacity adjustments, we believe their exit supports a [revenue per…
A Spirit Airlines airplane at Baltimore Washington International Thurgood Marshall Airport (BWI) in Baltimore, Maryland, US, on Saturday, May 2, 2026. Daniel Heuer | Bloomberg | Getty Images Spirit Airlines’ more than three-decade run ended over the weekend, but on Tuesday it was just starting the monthslong process of dismantling the company after the biggest…
Here are the stocks making headlines in midday trading. <
Asha Sharma, CEO of Xbox at Microsoft, speaks to employees at an Xbox town hall in Redmond, Washington, on Feb. 24, 2026. Microsoft Microsoft Xbox CEO Asha Sharma told employees in a Tuesday memo that she’s appointing new leaders, as the software company looks to return its video game unit to growth. Sharma moved to…
