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Netflix posts massive earnings beat thanks to WBD breakup, announces Reed Hastings to exit board

by CNBC Markets | April 17, 2026 3:06 am | US Markets

Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal.

Senate overturns Boundary Waters protections, a boon for Chilean mining company

by CNBC Markets | April 17, 2026 3:05 am | US Markets

The vote to allow mining near the protected wilderness area came over the objection of Democrats and two Republicans.

Trump says gas prices ‘not very high’ as most U.S. voters blame him for price spike

by CNBC Markets | April 17, 2026 2:06 am | US Markets

Trump touted the rising stock market as he brushed off concerns that Americans are laboring under higher gas prices as a result of the Iran war.

The ‘debasement trade’ has driven gold to new heights. Wells Fargo’s bull case calls for $8,000 an ounce

by CNBC Markets | April 17, 2026 2:06 am | US Markets

“We’re in the 4th debasement cycle that started in 2022,” wrote Wells Fargo Securities’ Ohsung Kwon.

Trump nominates Erica Schwartz as CDC director

by CNBC Markets | April 17, 2026 1:16 am | US Markets

The CDC has been going through turmoil and several leadership shakeups under HHS Secretary Robert F. Kennedy Jr.

U.S. Navy blockade of Iran enters fourth day. Here’s the latest tanker traffic in Strait of Hormuz

by CNBC Markets | April 16, 2026 11:45 pm | US Markets

Tanker traffic through the Strait or Hormuz has plunged during the war, triggering the largest oil supply disruption in history.

Michael Burry buys the dip in Salesforce and other software stocks after AI-fueled sell-off

by CNBC Markets | April 16, 2026 11:44 pm | US Markets

“I do not believe the technical pressures brought on by the private credit/software debt issues are big enough to affect these stocks for much longer,” he said.

Kevin Warsh wants to lead a scandal-ridden Fed. His wealth is a complication.

by CNBC Markets | April 16, 2026 11:42 pm | US Markets

Sen. Elizabeth Warren, D-Mass., is calling attention to potential issues in the Fed chair nominee’s financial disclosures.

ICE agent charged with assault by Minnesota prosecutors, arrest warrant issued

by CNBC Markets | April 16, 2026 11:41 pm | US Markets

Minnesota state prosecutors continue to investigation the killings of Renee Good and Alex Pretti by federal agents in Minneapolis.

Vance’s Iran and Orbán setbacks raise questions about his standing with Trump

by CNBC Markets | April 16, 2026 11:40 pm | US Markets

Recent staffing moves among JD Vance’s aides have fueled new speculation that the VP and his allies are preparing for a 2028 presidential bid.

Judge blocks above-ground construction of Trump’s White House ballroom

by CNBC Markets | April 16, 2026 11:39 pm | US Markets

The White House’s East Wing was demolished to build a 90,000 square-foot ballroom sought by President Donald Trump. That project is being challenged in court.

Israel and Lebanon agree to 10-day ceasefire, Trump says

by CNBC Markets | April 16, 2026 10:06 pm | US Markets

Vice President JD Vance, Secretary of State Marco Rubio and Joint Chiefs Chairman Dan Caine will work with Israel and Lebanon, Trump said.

TSMC and ASML post-earnings stock moves could be a sign of what’s to come from chip companies

by CNBC Markets | April 16, 2026 8:20 pm | US Markets

Two of the biggest chipmakers, TSMC and ASML, failed to catch major tailwinds from strong earnings. It could be a bellwether for the chip industry as a whole.

World’s biggest chocolate maker issues profit warning as cocoa prices collapse; shares plunge 17%

by CNBC Markets | April 16, 2026 8:19 pm | US Markets

Swiss chocolate maker Barry Callebaut on Thursday lowered its operating profit outlook, citing supply concerns and industry overcapacity.

Airline CEOs urged by lawmaker to lower fares if fuel prices come down

by CNBC Markets | April 16, 2026 8:16 pm | US Markets

Airlines have raised airfare, fuel surcharges and baggage fees this year to help cover a surge in fuel costs since the Iran war started on Feb. 28.

U.S. Navy stopped 13 ships from passing Iranian port blockade, Pentagon says

by CNBC Markets | April 16, 2026 8:16 pm | US Markets

The U.S. has signaled optimism about the prospect of reaching a diplomatic end to the Iran war.

New York Fed President Williams worries war will slow growth, aggravate inflation

by CNBC Markets | April 16, 2026 7:11 pm | US Markets

Williams noted that the conflict has “intensified the uncertainty” around national and local conditions.

Sens. Warren and Blumenthal investigate NLRB decision to drop charges against SpaceX for retaliatory firings

by CNBC Markets | April 16, 2026 5:47 pm | US Markets

Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., are investigating the NLRB after it dropped charges against Elon Musk’s SpaceX in February over retaliatory firings.

Europe could run out of jet fuel in 6 weeks, IEA chief tells AP

by CNBC Markets | April 16, 2026 5:46 pm | US Markets

The International Energy Agency’s head warned Thursday that Europe is going to run out of jet fuel in as soon as six weeks.

PepsiCo earnings beat estimates as Doritos, Lay’s price cuts win back shoppers

by CNBC Markets | April 16, 2026 4:36 pm | US Markets

PepsiCo’s quarterly earnings and revenue topped Wall Street’s expectations.
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