Trump Says 'I'll Remember' Companies that Don’t Seek Tariff Refunds
President Donald Trump told CNBC he will "remember" U.S. companies that do not seek refunds for the tariffs he imposed under the International Emergency Economic Powers Act, which the Supreme Court ruled illegal in a 6‑3 decision. A day later, U.S. Customs and Border Protection opened an online portal allowing importers to claim more than $160 billion in potential refunds. Major firms such as Apple and Amazon have not filed requests, while retailers like Levi Strauss anticipate an $80 million refund and Gap is still evaluating its exposure. The remarks highlight the political pressure surrounding the refund process and could influence corporate filing behavior.
European Stocks Set to Slump as Gulf Tanker Attacks Threaten Ceasefire
European equities are poised to open lower on Monday as renewed U.S.-Iran tensions threaten the fragile cease‑fire in the Gulf. The FTSE 100 is expected to dip 0.34%, while Germany's DAX could fall 1.1% and France's CAC 40 and Italy's...
From AI Shopping to Video, Alibaba Is Making the Investments Analysts Want to See
Alibaba accelerated its AI rollout in April, unveiling a suite of models including the 3‑D world model Happy Oyster and the video‑generation engine HappyHorse. The company’s AI spending jumped to roughly 20 billion yuan ($2.93 billion) in the March quarter, about twice...
Construction on Trump's White House Ballroom Can Continue for Now, U.S. Appeals Court Says
A three‑judge panel of the U.S. Court of Appeals for the D.C. Circuit temporarily lifted a district judge’s order that halted above‑ground construction of President Donald Trump’s proposed $400 million, 90,000‑square‑foot White House ballroom. The appeals court set a June 5 hearing...
Iran Says Strait of Hormuz Is Closed Again as Vessels Attempting to Cross Come Under Fire
Iran’s Revolutionary Guard announced the Strait of Hormuz is closed again after gunfire struck a tanker, reversing a brief reopening. Tehran warned any vessel attempting passage will be treated as cooperating with the United States and could be targeted. The...
Berkshire Shares Left Behind as S&P 500 Rallies to Record High
Berkshire Hathaway’s stock has lagged the S&P 500 as the index hit a record high, with year‑to‑date losses of about 4.7% versus the market’s gains. The gap between Berkshire B and the S&P widened to 9.7 percentage points on March 31, the...
These Chipmakers and Other Stocks Are Overbought After the Market Rally This Week
The S&P 500 posted its biggest one‑week gain since May, while the Nasdaq logged a 13‑day winning streak – the longest run since 1992. Technology stocks led the rally, with the information‑technology sector up 8% week‑to‑date, propelling chipmakers such as AMD,...
'It's Just Scale': Local Mom-and-Pop Car Dealerships Are Growing or Dying Amid Industry Consolidation, Rise of Mega-Retailers
Family‑owned Sylvester Chevrolet in rural Pennsylvania was sold to New York‑based Matthews Auto Group, marking another deal in a wave of dealership consolidation. The top 150 U.S. dealers now account for 27% of new‑vehicle sales, up from 24.3% in 2021, while...
Nvidia's Once-Tight Bond with Gamers Is Cracking over AI, 'and that Breaks My Heart'
Nvidia’s focus has shifted from its historic gaming base to AI‑driven data‑center GPUs, now accounting for the bulk of its revenue and delivering roughly 69% operating margins versus 40% in the consumer graphics segment. A memory crunch and higher‑margin AI...
Jim Cramer's Top 10 Things to Watch in the Stock Market Friday
Jim Cramer highlighted ten market catalysts for Friday, April 17, 2026, starting with the S&P 500 set to open higher after Iran reopened the Strait of Hormuz, sending oil prices down more than 9%. He noted a 20% jump in...
Dow Futures Rally 500 After Iran Declares Strait of Hormuz Open Amid Lebanon Ceasefire: Live Updates
U.S. stock futures jumped on Friday after Iran announced the Strait of Hormuz was "completely open" following the Israel‑Lebanon cease‑fire. Dow Jones futures rose 524 points (1.1%), while S&P 500 and Nasdaq 100 futures gained 0.8% and 0.9% respectively. The geopolitical easing...
Here Are Friday's Biggest Analyst Calls: Nvidia, Apple, Netflix, JPMorgan, Affirm, UnitedHealth, WeRide & More
Wall Street analysts issued a flurry of high‑profile calls on Friday, with Bank of America reiterating Apple as a buy and Nvidia as Outperform at a $265 price target, while Morgan Stanley named UnitedHealth and Affirm as top picks. Mizuho...
If a Violent Downturn Strikes the Market, New ETF Strategies May Be Vulnerable. Here's Why
MFS Investment Management warned that newly‑launched ETF strategies built on complex derivatives and opaque markets could crumble in a violent market downturn. The firm highlighted liquidity shortfalls, especially for private‑credit and equity‑linked note ETFs, as the primary vulnerability. Amplify ETFs’...
Some Grocers Are Using AI to Cut Food Waste and Boost Profit Margins
Grocers are deploying AI platforms such as Flashfood to dynamically price perishable items, turning potential shrink into revenue. By targeting discounts to items near their best‑by dates, retailers like Kroger have cut waste by roughly 27% while driving extra traffic...
Goldman Sachs Bond Traders Stumbled as Wall Street Rivals Thrived: 'A Fire Is Being Lit Under' Them
Goldman Sachs’ fixed‑income division posted a 10% revenue decline in Q1, falling $910 million short of analyst forecasts. The miss contrasted sharply with rivals—JPMorgan, Morgan Stanley and Citigroup—who posted double‑digit gains in bond trading. Analysts attribute Goldman’s underperformance to misplaced bets on...
Iran War Damaged as Much as $58 Billion of Energy Infrastructure, Rystad Estimates
Rystad Energy estimates that the Iran‑Israel conflict has inflicted $34 billion to $58 billion in damage on regional oil, gas and petrochemical infrastructure. More than 80 energy facilities have been struck, with over a third suffering severe damage. Iran’s own network bears...
S&P 500 and Nasdaq Composite Close at Fresh Records as Traders Look Past Iran War Fears: Live Updates
U.S. equity markets closed at fresh all‑time highs on Wednesday, with the S&P 500 ending at 7,022.95 and the Nasdaq Composite at 24,016.02. The Nasdaq’s rally was the fastest swing from oversold to overbought on record, pushing its RSI above 70...
Lumen Technologies' High-Stakes Fiber Bet Nearly Bankrupted It. Now, It's Powering Its AI Future
Lumen Technologies, after narrowly avoiding bankruptcy, has slashed debt and sold its consumer business, now focusing on AI networking and cloud services built on its extensive fiber infrastructure. A new AWS Interconnect partnership sparked a >10% share rally, highlighting the...
White House Budget Chief Russell Vought Won't Estimate Iran War Cost in Testimony
White House Office of Management and Budget Director Russell Vought told the House Budget Committee he could not provide a ballpark figure for the ongoing Iran war, despite mounting pressure for supplemental funding. A Harvard analysis estimates the conflict could...
JPMorgan Tops Estimates on Wall Street Results, Dimon Flags 'Increasingly Complex' Economic Risks
JPMorgan Chase reported first‑quarter earnings of $5.94 per share, beating analysts’ forecasts as revenue rose 10% to $50.54 billion. Fixed‑income trading surged 21% to $7.08 billion and investment‑banking fees jumped 28% to $2.88 billion, driving the beat. The bank trimmed its full‑year 2026...
S&P 500 Futures Continue Higher a Day After Benchmark Wipes Out Iran War Losses: Live Updates
U.S. equity futures rose on Tuesday, with the S&P 500 up 0.3% and the Nasdaq‑100 gaining 0.5%, as technology stocks such as Oracle and SanDisk led the rally. The market shrugged off a setback in U.S.–Iran peace talks and a...
Wholesale Prices Rose 0.5% in March, Much Less than Expected Despite War Impact
The U.S. producer price index (PPI) rose 0.5% in March, well below the 1.1% consensus estimate. Core PPI, which strips out food and energy, increased only 0.1% month‑over‑month. On an annual basis, the all‑items PPI jumped 4%, the fastest 12‑month...
Here Are Tuesday's Biggest Analyst Calls: Apple, Tesla, Amazon, GM, Crocs, Viking, Alphabet, Ford & More
Wall Street analysts issued a wave of upgrades, initiations and downgrades on Tuesday, spanning technology, automotive, consumer and healthcare stocks. Citi launched coverage of quantum‑computer firm Infleqtion with a Buy rating and a $20 target, while UBS upgraded Ford to...
Asia Markets Trade Lower as Oil Surges After U.S. Moves to Blockade Iran Ports
Asian equity markets slipped on Monday as the United States moved toward a naval blockade of Iranian ports, reigniting fears of a protracted U.S.–Iran conflict. Crude prices surged, with West Texas Intermediate up 8.5% to $104.82 a barrel and Brent...
Why Pressure Is Mounting at Oil Giant BP Ahead of Its Annual General Meeting
BP faces mounting shareholder pressure ahead of its April 23 AGM as the Local Authority Pension Fund Forum, Glass Lewis, ISS and Legal & General recommend voting against the chair and several board‑backed resolutions. The board seeks to retire two climate‑reporting proposals, arguing they...
Judge Told to Reconsider National Security Implications of Halting Trump's White House Ballroom
An appeals court panel ordered a federal judge to revisit the national‑security implications of halting President Donald Trump’s $400 million White House ballroom project. The panel said it lacks sufficient information to determine how much of the construction can be paused...
Intel Leads the List of Most Overbought Stocks After This Week's Comeback Rally
Intel topped CNBC Pro’s list of most overbought stocks this week, surging nearly 25% and posting a 14‑day RSI of 75. The rally was fueled by an expanded AI‑focused partnership with Google and Intel’s involvement in Elon Musk’s Texas‑based Terafab...
How Kodak Is Trying to Turn Around Its Business After Teetering on Bankruptcy
Eastman Kodak, under CEO Jim Continenza, has revived its legacy film business while tackling a heavy debt load. After a 31% jump in fourth‑quarter gross profit to $67 million and a $40 million reduction in interest expense, the company reports a near‑100%...
A Little Known Semiconductor Packaging and Testing Stock Is Poised to Gain in AI Boom. Why Analysts Like It
Amkor Technology, a specialist in semiconductor packaging and testing, has surged 47% this year and is up nearly four‑fold over the past twelve months as AI‑driven demand spikes. The company benefits from $7 trillion in projected global data‑center spending by 2030...
Berkshire Electric Utility's Court Win Could Save It Billions
A Oregon Court of Appeals ruled that PacifiCorp, Berkshire Hathaway Energy’s electric utility, must revisit a class‑action jury instruction that previously tied liability for four wildfires to thousands of plaintiffs. The decision could shave more than $1 billion off the utility’s...
Brent Oil Spot Price Above $120 in Sign that Iran Ceasefire Can't Solve Deep Disruption
Brent spot oil surged to $124.68 per barrel on April 8, roughly $30 above the June futures contract, underscoring persistent market tightness. Although the U.S.–Iran cease‑fire trimmed the premium by about $20, the spot price remains elevated, indicating that the five‑week...
Stock Futures Are Little Changed After Dow Posts Best Day Since April 2025 Following Ceasefire Deal: Live Updates
U.S. stock futures were essentially flat Wednesday night after the Dow posted its strongest session since April 2025, climbing more than 1,300 points (2.85%). The rally followed President Donald Trump’s announcement to suspend attacks on Iran for two weeks, a move...
OpenAI Will Allocate IPO Shares to Retail Investors as It Preps for Debut, CFO Says
OpenAI announced it will reserve a portion of its upcoming IPO for individual investors, targeting roughly $1 billion through private placements with major banks. CFO Sarah Friar highlighted the move as a way to build trust and treat the $852 billion‑valued company...
Modelo Maker Constellation Brands Withdraws 2028 Guidance Due to Uncertainty
Constellation Brands pulled its fiscal 2028 outlook, citing lingering macro‑economic uncertainty, even as it posted a stronger fourth‑quarter performance. Adjusted earnings per share came in at $1.90 versus the $1.72 consensus, and revenue reached $1.92 billion, beating expectations. Net income swung...
Fundstrat's Tom Lee Says the Market Has Bottomed, Stocks Are Headed to All-Time Highs
Fundstrat’s Tom Lee announced on CNBC that the equity market has likely bottomed after a U.S.–Iran cease‑fire eased geopolitical tensions, sending stocks sharply higher. He projects the S&P 500 to close 2026 at 7,300, a 7.6% gain, driven by the “Magnificent...
U.S. Has Violated Ceasefire Agreement, Iran Parliamentary Speaker Says
U.S. President Donald Trump affirmed a two‑week cease‑fire with Iran, but Iran’s parliamentary speaker Mohammad Bagher Ghalibaf accused Washington of breaching three elements of Tehran’s 10‑point proposal, including Israel’s attacks on Lebanon, a drone incursion and denial of Iran’s right to enrich...
Pirro's Powell Probe Faces a Difficult Road to Appeal, Former Prosecutors Say
A federal judge quashed U.S. Attorney Jeanine Pirro's subpoenas in a criminal probe of Federal Reserve Chair Jerome Powell, leaving the investigation in limbo. Pirro says she will appeal, but former prosecutors warn the legal path is steep and success...
Trump Administration Finalizes Better-than-Feared Medicare Advantage Payment Rate in Boost to Health Insurers
The Trump administration approved a 2.48% increase in Medicare Advantage payments for 2027, adding roughly $13 billion to insurer reimbursements. This figure far exceeds the 0.09% hike originally floated in January. The larger rate boost lifted UnitedHealth, CVS Health and Humana...
Offbeat Wall Street Research Firm Says It Sent an Analyst to Strait of Hormuz. Here's What They Learned
Citrini Research sent an analyst by boat to Oman’s Musandam Peninsula to watch shipping in the Strait of Hormuz, reporting roughly 15 vessels per day – far below normal but still active. The firm argues that many ships turn off...
These Are Bank of America’s Top Picks for the Second Quarter After a Tough Start to 2026
Bank of America released its high‑conviction, short‑term buy list for Q2 2026, highlighting Meta Platforms, Spotify and Citigroup as top picks. The bank expects Meta to rally about 54% to a $885 target despite recent litigation, while Spotify is projected to...
Nike Is the Most Oversold Stock on Wall Street After a Wild Week of Trading
Nike (NKE) emerged as the most oversold S&P 500 stock this week, with its relative strength index sinking to 15.8. The sneaker giant’s shares tumbled 14% after it projected fiscal fourth‑quarter sales to fall 2‑4%, missing the consensus expectation of a...
U.S.-Iran War 'Tax' Begins to Hit American Businesses and Consumers
The U.S.–Iran war has triggered a sharp rise in diesel and jet‑fuel prices, turning fuel costs into a de‑facto tax on American businesses and consumers. Moving‑company College Hunks sees its fuel expense share double from 3‑5% to 6‑10% of revenue, while...
U.S. Judge Upholds Block on Subpoenas to Fed's Powell, Teeing up Likely Appeal
A federal judge reaffirmed his March ruling blocking subpoenas issued in a criminal probe of Federal Reserve Chair Jerome Powell, finding they were intended to pressure him into complying with President Trump’s demand for lower interest rates or resignation. The...
United Unveils Basic Polaris Business Fare in Premium Cabin Overhaul
United Airlines is launching a lower‑priced “Base” Polaris fare for its long‑haul business class, offering a lie‑flat seat but charging extra for seat selection and limiting perks. Base passengers receive only one checked bag, United Club lounge access, and cannot...
One Year on From Trump's 'Liberation Day,' Global Investors Are Rethinking American Exceptionalism
One year after President Donald Trump’s “Liberation Day” tariffs—34% on China, 20% on the EU and 46% on Vietnam—global markets have re‑evaluated exposure to the United States. The tariffs sparked a sharp sell‑off in U.S. equities, Treasuries and the dollar,...
Fundstrat Says a Bottoming Process in Stocks Has Begun
Fundstrat's technical strategist Mark Newton says the U.S. equity market has entered a bottoming process after a two‑day rally that gave the S&P 500 its strongest day since May. The S&P fell 5.1% in March, its steepest monthly drop since 2022,...
Large Japanese Companies Are More Optimistic Despite Iran Conflict, but Analysts Say This May Not Last
Japan’s quarterly Tankan survey showed large manufacturers’ optimism index climb to 17 in Q1 2026, the strongest level since late 2021, while large non‑manufacturers maintained a multi‑decade high of 36. The upbeat readings lifted the Nikkei 225 by about 4.5%, reflecting hopes that...
NFL Approves Sale of 7% of Las Vegas Raiders at over $11 Billion Valuation
The NFL approved the sale of a 7% stake in the Las Vegas Raiders, valuing the franchise at $11.1 billion. Controlling owner Mark Davis sold the portion to Egon Durban of Silver Lake and Michael Meldman, who must pay a 10% flip‑tax...
How Ireland Became Dependent on Big Pharma — and the Risks Ahead
Over the past five decades Ireland has transformed into the world’s third‑largest pharmaceutical exporter, with drug manufacturing now contributing roughly 20 % of its GDP. The sector’s rapid growth was driven by generous tax incentives, a skilled workforce and proximity to...
Evercore ISI Predicts 'Inflection Point' Is Days Away, Plans to Commit Capital if S&P 500 Drops to This Level
Evercore ISI managing director Julian Emanuel warned that the market is approaching an inflection point within days, hinging on President Donald Trump's decision on Iran's energy facilities on April 6. He said Evercore will commit new capital if the S&P 500 falls...