US equity futures waver ahead of a week full of major central bank rate decisions and $28.8 trillion in market capitalization of S&P 500 firms set to report earnings. Iran has reportedly offered the US a new proposal for reaching a deal to end the war. A gunman firing shots during the White House Correspondents’ Dinner stokes security concerns over King Charles's state visit. Senator Thom Tillis d...
US equity futures waver ahead of a week full of major central bank rate decisions and $28.8 trillion in market capitalization of S&P 500 firms set to report earnings. Iran has reportedly offered the US a new proposal for reaching a deal to end the war. A gunman firing shots during the White House Correspondents’ Dinner stokes security concerns over King Charles's state visit. Senator Thom Tillis drops his blockade of Kevin Warsh's confirmation to head the Federal Reserve. Mark McCormick of BMO Capital Markets looks ahead to central bank decisions. Isabelle Mateos Y Lago of BNP Paribas discusses growth risks and the Fed's rate path. (Source: Bloomberg)
In this article LLY Follow your favorite stocks CREATE FREE ACCOUNT An Eli Lilly and Company pharmaceutical manufacturing plant is pictured in Branchburg, New Jersey, on March 5, 2021. Mike Segar | Reuters Eli Lilly said on Monday it would buy privately held blood cancer treatment developer Ajax Therapeutics for up to $2.3 billion in cash. Ajax's lead asset, AJ1-11095, is an experimental once-d...
In this article LLY Follow your favorite stocks CREATE FREE ACCOUNT An Eli Lilly and Company pharmaceutical manufacturing plant is pictured in Branchburg, New Jersey, on March 5, 2021. Mike Segar | Reuters Eli Lilly said on Monday it would buy privately held blood cancer treatment developer Ajax Therapeutics for up to $2.3 billion in cash. Ajax's lead asset, AJ1-11095, is an experimental once-daily oral treatment that is in early-stage testing for previously treated patients with myelofibrosis - a rare, chronic blood cancer where scar tissue builds up in the bone marrow, disrupting normal blood cell production. "We look forward to the presentation of clinical proof-of-concept data later in 2026, rapidly advancing AJ1-11095 into registrational clinical trials, and using our expertise in blood cancer to hopefully deliver another important new medicine to patients and hematologists," said Jacob Van Naarden, president of Lilly Oncology. Lilly said the total deal value includes an upfront payment and subsequent payments upon the achievement of certain clinical and regulatory milestones. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Equity markets are hitting new highs, signaling Wall Street is largely looking past the predictably volatile situation in Iran. That isn’t the case for individual companies. As first-quarter report cards are rolling in, evidence is building that the war’s impact is stretching beyond the firms that move goods — and people — around the world. Most recently, the conflict raised costs for the containe...
Equity markets are hitting new highs, signaling Wall Street is largely looking past the predictably volatile situation in Iran. That isn’t the case for individual companies. As first-quarter report cards are rolling in, evidence is building that the war’s impact is stretching beyond the firms that move goods — and people — around the world. Most recently, the conflict raised costs for the container manufacturer Sonoco Products Co. and weighed on sales for industrial conglomerate Honeywell International Inc. The list goes on and on, creating a worrisome setup for the market where gains in the biggest technology companies — largely shielded from geopolitical risks — have offset worries around the conflict down the market-cap spectrum. As traders brace for the busiest earnings week on Wall Street, there’s a risk that more bitter surprises are ahead. “Those are the canaries in the coal mine,” said Mark Malek , chief investment officer at Siebert Financial. “The market’s ignoring them for now, trading straight up. I’m constructive, but I’m very cautiously constructive here.” Almost two months since the war in the Middle East began, the Strait of Hormuz remains effectively shut. That’s keeping prices high for commodities exported through the region, exacerbating the pain caused by rising logistics costs. Earnings reports across industrial, materials and energy sectors have highlighted these headwinds. Honeywell said on Thursday that the war had caused weakness in one of its business lines, contributing to a second quarter profit outlook that came short of estimates. And on Friday, oilfield services company SLB Ltd. said that disruptions from the war weighed on its results. Energy, freight and petrochemical costs are rising quickly for Sonoco, the maker of paperboard products that envisions up to $10 million in new expenses in the current quarter. For jet-engine maker General Electric Co., the risk is that demand from airlines falters as a result of disruptions to travel o...
U. J. Alexander/iStock Editorial via Getty Images BASF ( BASFY ) said Monday it is raising prices for products within its global portfolio of antioxidants, process stabilizers, and light stabilizers for plastic applications, citing substantial increases in raw material prices, energy, and logistic costs due to the Middle East war. BASF ( BASFY ) said it will boost prices for the plastic-protecting...
U. J. Alexander/iStock Editorial via Getty Images BASF ( BASFY ) said Monday it is raising prices for products within its global portfolio of antioxidants, process stabilizers, and light stabilizers for plastic applications, citing substantial increases in raw material prices, energy, and logistic costs due to the Middle East war. BASF ( BASFY ) said it will boost prices for the plastic-protecting chemicals, commonly used in the car and consumer goods industries, by as much as 25% effective immediately, in addition to a 20% hike announced in early March. The products impacted are used to prolong the lifespan of plastics in various materials, including those used to make wire and cabling insulation, steering wheels, car door trims, and outdoor plastic furniture. More on BASF BASF: Trading Below Intrinsic Value, But Facing Risks BASF Presents at J.P. Morgan European Chemicals Forum - Slideshow BASF Q4 2025 Earnings Call Transcript
U.S. Vice President JD Vance and U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. gesture onstage during the inaugural Make America Healthy Again (MAHA) summit in Washington, D.C., U.S., Nov. 12, 2025. Nathan Howard | Reuters A Supreme Court case and a bill moving through Congress this week are set to test the bonds of Republicans and the Make America Healthy Again movement, follo...
U.S. Vice President JD Vance and U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. gesture onstage during the inaugural Make America Healthy Again (MAHA) summit in Washington, D.C., U.S., Nov. 12, 2025. Nathan Howard | Reuters A Supreme Court case and a bill moving through Congress this week are set to test the bonds of Republicans and the Make America Healthy Again movement, following a near-rupture in February over the weedkiller glyphosate . The court will hear a case Monday to decide whether federal law preempts state-level lawsuits alleging glyphosate, the chemical in Bayer's herbicide Roundup, causes cancer. And the U.S. House is expected to take up the farm bill this week, a massive agricultural policy measure that includes new protections for the chemical. The MAHA movement, a coalition of activists who push for healthy food and eschew chemicals, helped deliver President Donald Trump back to the White House after their preferred presidential candidate, now-Health and Human Services Secretary Robert F. Kennedy Jr. , dropped out of the election and endorsed the president. The group hates glyphosate, which is the most commonly used herbicide in the U.S. and integral to many farm operations. The Supreme Court arguments and the farm bill put MAHA squarely at odds with Trump and the majority of Republicans in Congress. It comes just months after a prior blowup when Trump signed an executive order to boost the domestic production of glyphosate, a break that caused Kennedy to step in and do damage control . And with the 2026 midterm election less than seven months away and Trump's approval rating down in polls , keeping the coalition intact could be critical for Republicans who are racing to maintain their slim majorities in both chambers of Congress. "It has been a really, really rough few months because we have an attack coming from the executive branch, the judicial branch and over in Congress," said Kelly Ryerson, a MAHA advocate who goes by the ...
Domino's Pizza (DPZ) delivered earnings and revenue surprises of -3.82% and -1.35%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Domino's Pizza (DPZ) delivered earnings and revenue surprises of -3.82% and -1.35%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?