This week, Spirit Aviation Holdings , parent company of Spirit Airlines, began winding down operations. (Because the company has filed for bankruptcy, it now trades as FLYYQ, with the Q added as a warning to investors.) The biggest cause of the company's demise is the rising cost of jet fuel. Due to the Middle East war and the oil supply shock that followed, the price of airline fuel has essential...
This week, Spirit Aviation Holdings , parent company of Spirit Airlines, began winding down operations. (Because the company has filed for bankruptcy, it now trades as FLYYQ, with the Q added as a warning to investors.) The biggest cause of the company's demise is the rising cost of jet fuel. Due to the Middle East war and the oil supply shock that followed, the price of airline fuel has essentially doubled since the war began in late February, from $85-$90 to $150-$200. Continue reading
US Secretary of Housing and Urban Development Scott Turner discusses affordability and government efforts to cut regulation. He speaks with Bloomberg Balance of Power co-host Joe Mathieu from the Milken Institute Global Conference in Los Angeles. (Source: Bloomberg)
US Secretary of Housing and Urban Development Scott Turner discusses affordability and government efforts to cut regulation. He speaks with Bloomberg Balance of Power co-host Joe Mathieu from the Milken Institute Global Conference in Los Angeles. (Source: Bloomberg)
Shares of FedEx (NYSE:FDX) are down 9% to roughly $359 in midday trading Monday, while United Parcel Service (NYSE:UPS) stock is down 10% to about $97. The trigger: Amazon (NASDAQ:AMZN) has officially launched Supply Chain Services as a direct enterprise offering. Amazon stock is up 1% to $271 on the news, building on a 27% ... FedEx Slides 9%, UPS Sinks 10% as Amazon Supply Chain Services Goes Li...
Shares of FedEx (NYSE:FDX) are down 9% to roughly $359 in midday trading Monday, while United Parcel Service (NYSE:UPS) stock is down 10% to about $97. The trigger: Amazon (NASDAQ:AMZN) has officially launched Supply Chain Services as a direct enterprise offering. Amazon stock is up 1% to $271 on the news, building on a 27% ... FedEx Slides 9%, UPS Sinks 10% as Amazon Supply Chain Services Goes Live: How Real Is the Threat?
China continues to dominate the lithium-ion battery landscape, home to industry heavyweights such as CATL, as manufacturers push to extend battery duration and improve storage efficiency. A growing focus on long-duration energy storage is now taking shape. Zenergy Battery (OTCMKTS:ZENG) has...
China continues to dominate the lithium-ion battery landscape, home to industry heavyweights such as CATL, as manufacturers push to extend battery duration and improve storage efficiency. A growing focus on long-duration energy storage is now taking shape. Zenergy Battery (OTCMKTS:ZENG) has...
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. On Wednesday, CECO Environmental's , Richard F. Wallman, made a $1.10M purchase of
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. On Wednesday, CECO Environmental's , Richard F. Wallman, made a $1.10M purchase of
New York, New York--(Newsfile Corp. - May 4, 2026) - As detailed by Steffan Szumowski, a contributor for VettaFi's Nuclear Energy Content Hub, X-energy (XE), the developer of the Xe-100 advanced small modular reactor (SMR) and XENITH microreactor, made its public market debut earlier this month. While the listing underscores strong investor enthusiasm for next-generation nuclear technology, the co...
New York, New York--(Newsfile Corp. - May 4, 2026) - As detailed by Steffan Szumowski, a contributor for VettaFi's Nuclear Energy Content Hub, X-energy (XE), the developer of the Xe-100 advanced small modular reactor (SMR) and XENITH microreactor, made its public market debut earlier this month. While the listing underscores strong investor enthusiasm for next-generation nuclear technology, the company remains pre-revenue. It carries the typical execution risks associated with bringing a new...
A job seeker holds a Now Hiring Correctional Officers paperwork from the Florida Department of Corrections during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2026, in Sunrise, Florida. Joe Raedle | Getty Images Traders on prediction markets platform Kalshi are penciling in a better-than consensus estimate for the April labor market report set to release o...
A job seeker holds a Now Hiring Correctional Officers paperwork from the Florida Department of Corrections during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2026, in Sunrise, Florida. Joe Raedle | Getty Images Traders on prediction markets platform Kalshi are penciling in a better-than consensus estimate for the April labor market report set to release on Friday. Kalshi traders think there's about a 50% chance nonfarm payrolls will come in at 66,000 jobs or more created in the month. That's higher than predictions by economists polled by Dow Jones for 53,000 new jobs. While in the last year nonfarm payroll growth has swung back and forth between job creation and job losses, traders see an 81% chance this report is a positive number. That would be the first back-to-back month of job growth since May 2025. But traders are also skeptical of a big six-digit report, as they give it just a 30% chance that the report comes in hot at 100,000 or more. Nonfarm payroll growth has slowed enormously since 2025. In the last 10 months , five have experienced negative job growth. And in 2026, job growth has been volatile, with more than 150,000 jobs gained in both January and March but 133,000 lost in February. On Polymarket, traders have a slightly more pessimistic outlook. Traders on that platform think the most likely scenario is a report between zero to 50,000 jobs created, with odds at 26% . Disclosure: CNBC and Kalshi have a commercial relationship that includes a CNBC minority investment. Markets shift and headlines fade, but the core principles of building long-term wealth remain constant. Join us for our third CNBC Pro LIVE, where investors of all backgrounds - from financial professionals to everyday individuals - come together to cut through the noise and gain actionable strategies for smarter, more disciplined investing. No matter where you're starting from, you'll leave with clearer thinking, stronger strategies. Enter your e...
Fastly heads into Q1 earnings with strong security growth and AI momentum, but competition, pricing pressure, and valuation concerns cloud the near-term outlook.
Fastly heads into Q1 earnings with strong security growth and AI momentum, but competition, pricing pressure, and valuation concerns cloud the near-term outlook.
July NY world sugar #11 (SBN26 ) today is up +0.27 (+1.81%), and Aug London ICE white sugar #5 (SWQ26 ) is not trading with markets in the UK closed for the May Day holiday. Sugar prices are sharply higher today for a second day, with NY sugar posting a...
July NY world sugar #11 (SBN26 ) today is up +0.27 (+1.81%), and Aug London ICE white sugar #5 (SWQ26 ) is not trading with markets in the UK closed for the May Day holiday. Sugar prices are sharply higher today for a second day, with NY sugar posting a...
Shares of Microsoft (NASDAQ: MSFT) have been doing poorly this year as investors have become concerned about both its high valuation and a slowing growth rate in its cloud business, Azure. With all eyes on heightened artificial intelligence (AI) expenditure, expectations may be high that Azure should be flourishing. And with that not proving to be the case when the company posted its earnings numb...
Shares of Microsoft (NASDAQ: MSFT) have been doing poorly this year as investors have become concerned about both its high valuation and a slowing growth rate in its cloud business, Azure. With all eyes on heightened artificial intelligence (AI) expenditure, expectations may be high that Azure should be flourishing. And with that not proving to be the case when the company posted its earnings numbers back in January, the stock proceeded to crash. Microsoft recently released its latest quarterly numbers, which told a different story and showed Azure's growth rate coming in better than what analysts expected. Could this be the catalyst the stock needs to go on a prolonged rally? Image source: Getty Images. Continue reading