A cooling tower is seen at the nuclear-powered Vogtle Electric Generating Plant in Waynesboro, Georgia, U.S. August 13, 2024. Megan Varner | Reuters Odds that the U.S. and Iran reach a nuclear deal at some point in 2026 jumped on prediction markets platform Kalshi after an Axios report on Wednesday that the two countries were close to an agreement to end the war in the Middle East. Kalshi traders ...
A cooling tower is seen at the nuclear-powered Vogtle Electric Generating Plant in Waynesboro, Georgia, U.S. August 13, 2024. Megan Varner | Reuters Odds that the U.S. and Iran reach a nuclear deal at some point in 2026 jumped on prediction markets platform Kalshi after an Axios report on Wednesday that the two countries were close to an agreement to end the war in the Middle East. Kalshi traders now see a 58% chance that a deal is reached by 2027. They even see a 47% chance an agreement is reached by September. Those levels are higher than before the Axios report, but still lower than the odds in the middle of April when there was more hope for a resolution to the conflict. At one point on April 17, odds that the two countries reach a nuclear deal by June were more than 70%. The event contract resolves to "yes" if the U.S. announces, signs or accepts a deal from Iran regarding its nuclear program. While the Axios report said the countries were close to an agreement to end the war, it added that the countries were only nearing a framework for negotiations around the nuclear issue. However, the deal to end the war could include a moratorium on Iranian nuclear enrichment. Iran said it was reviewing the U.S. proposal on Wednesday, though neither country detailed any new developments on Thursday. Traders on Polymarket were more optimistic about a deal before 2027, placing odds of 65% on the bet. Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a 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 email here to ...
IREN (NASDAQ: IREN) reports fiscal Q3 results after the close today. The numbers should look strong, but the real story sits behind them: a Microsoft contract ramp, a freshly energized Sweetwater campus, and a just-announced acquisition that reshapes the business. From Mining Roots to a Full-Stack AI Neocloud Last quarter’s $184.7M revenue report missed the ... Don’t Focus Too Heavily on IREN’s Q3...
IREN (NASDAQ: IREN) reports fiscal Q3 results after the close today. The numbers should look strong, but the real story sits behind them: a Microsoft contract ramp, a freshly energized Sweetwater campus, and a just-announced acquisition that reshapes the business. From Mining Roots to a Full-Stack AI Neocloud Last quarter’s $184.7M revenue report missed the ... Don’t Focus Too Heavily on IREN’s Q3 Today — Look at What Comes Next
jetcityimage Shares of Abbott Laboratories (ABT ) rose 1.75% to $87.81 in the afternoon trade on Thursday , ending a six-session losing streak. The stock had fallen around 5.5% between April 29 and May 06, while the S&P 500, rose 3.21% over the same period. Shares came under pressure after a Missouri appeals court upheld a $495 million verdict against the company in a baby formula case, adding to ...
jetcityimage Shares of Abbott Laboratories (ABT ) rose 1.75% to $87.81 in the afternoon trade on Thursday , ending a six-session losing streak. The stock had fallen around 5.5% between April 29 and May 06, while the S&P 500, rose 3.21% over the same period. Shares came under pressure after a Missouri appeals court upheld a $495 million verdict against the company in a baby formula case, adding to legal overhang. According to Seeking Alpha’s Quant rating system, ABT is rated a hold with a score of 2.78 out of 5, with an A+ in terms of profitability and a D in terms of growth, momentum, and revisions. A recent Seeking Alpha analysis said Abbott Laboratories has experienced a sharp sell-off and now trades at attractive valuation levels following a significant drawdown, adding that “Abbott is now caught in one of its largest drawdowns of the past decades”. While on Wall Street, analysts are bullish , with 21 out of 28 analysts rating the stock with a buy or higher, seven suggesting to hold. Shares have fallen about 14.9 % over the past month and have slipped around 30 % year to date. More on Abbott Laboratories Abbott Laboratories: Buying A Healthcare Giant On Sale Abbott Laboratories Just Got Interesting: Dividend Yield Near 3% Signals Opportunity Abbott Laboratories: Buy The Dip On This Dividend King Missouri appeals court upholds $495M ruling against Abbott in baby formula case FDA says largest ever baby formula probe found U.S. supplies are safe
HABesen/iStock via Getty Images Listen below or on the go on Apple Podcasts and Spotify DOJ investigates multibillion-dollar oil shorts ahead of Iran news. (0:15) McDonald’s tops global comps sales , helped by value meals. (1:22) Amazon expands same-day delivery access for oral Ozempic treatment . (2:19) This is an abridged transcript of the podcast: Our top story so far, the Department of Justice...
HABesen/iStock via Getty Images Listen below or on the go on Apple Podcasts and Spotify DOJ investigates multibillion-dollar oil shorts ahead of Iran news. (0:15) McDonald’s tops global comps sales , helped by value meals. (1:22) Amazon expands same-day delivery access for oral Ozempic treatment . (2:19) This is an abridged transcript of the podcast: Our top story so far, the Department of Justice, alongside the Commodity Futures Trading Commission, is investigating a series of suspiciously timed oil market trades that occurred just before major announcements regarding the Iran conflict, ABC reports. Federal officials are examining at least four trades where traders collectively wagered more than $2.6B that oil prices would fall—shortly before they, in fact, did. The timeline of suspicious activity includes: March 23: $500M bet placed 15 minutes before U.S. President Donald Trump announced a delay to threatened strikes on Iran’s power grid. April 7: $960M bet placed hours ahead of a temporary ceasefire announcement. April 17: $760M bet placed 20 minutes before Iran’s Foreign Minister announced the Strait of Hormuz was open. April 21: $430M in bets placed 15 minutes before Trump extended the ceasefire. Data obtained from the London Stock Exchange Group did not show the identities behind these trades or prove insider trading occurred, ABC said, adding neither the DOJ nor CFTC had comment. The news comes shortly after a large crude-oil short position placed yesterday drew scrutiny after market analysts flagged unusual trading activity ahead of major diplomatic news. Among active stocks, McDonald's ( MCD ) reported solid Q1 results thanks to value offering and the intro of the high-margin Big Arch. Global comparable sales rose 3.8% to top the +3.7% consensus. CEO Chris Kempczinski said the fast-food giant’s “value leadership, breakthrough marketing, and menu innovation continue to serve up what customers want.” Whirlpool ( WHR ) is tumbling after missing on the Q1 top a...
Palantir just posted one of the strongest quarters in its history as a public company. Wall Street's reaction was split. The stock fell. And one analyst said he had never seen anything quite like it at this scale. That analyst was Rosenblatt Securities' John McPeake. And he responded by raising his ...
Palantir just posted one of the strongest quarters in its history as a public company. Wall Street's reaction was split. The stock fell. And one analyst said he had never seen anything quite like it at this scale. That analyst was Rosenblatt Securities' John McPeake. And he responded by raising his ...
At midday, the S&P 500 (SNPINDEX:^GSPC) rose 0.06% to 7,369.49, and the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 0.37%, having set a fresh all-time intraday high earlier this morning. The Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.14% to 49,839.27 as value names lagged tech. Advanced Micro Devices , which has surged this week on strong AI chip demand, slipped this morning. Arm Hold...
At midday, the S&P 500 (SNPINDEX:^GSPC) rose 0.06% to 7,369.49, and the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 0.37%, having set a fresh all-time intraday high earlier this morning. The Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.14% to 49,839.27 as value names lagged tech. Advanced Micro Devices , which has surged this week on strong AI chip demand, slipped this morning. Arm Holdings tumbled 10% despite an earnings beat as investors digested supply and smartphone-demand worries. Eyewear retailer Warby Parker soared 27% on blockbuster Q1 results. Whirlpool dropped by more than 12% after disappointing earnings and a dividend cut. The rebound rally of recent days lost a little steam this morning as investors watch for developments on U.S.-Iran negotiations. Although WTI crude oil is down from April’s peaks of over $110, it is still trading at around $95 a barrel as passage through the Strait of Hormuz remains restricted. Some fear investors are overestimating the stock market’s resilience . Continue reading
The artificial intelligence (AI) infrastructure boom isn't showing any signs of slowing down. Goldman Sachs estimates that the total outlay on AI infrastructure could grow from $765 billion in 2026 to a whopping $1.6 trillion in 2031. There are several companies that investors can consider buying to capitalize on this massive boom over the next five years. From companies like Nvidia and Broadcom t...
The artificial intelligence (AI) infrastructure boom isn't showing any signs of slowing down. Goldman Sachs estimates that the total outlay on AI infrastructure could grow from $765 billion in 2026 to a whopping $1.6 trillion in 2031. There are several companies that investors can consider buying to capitalize on this massive boom over the next five years. From companies like Nvidia and Broadcom that design AI accelerator chips, to neocloud providers such as CoreWeave and Nebius that build AI data centers, to AI software vendors such as Palantir Technologies , investors are spoiled for choice when it comes to benefiting from this lucrative market. However, Dell Technologies (NYSE: DELL) is emerging as one of the biggest winners of the AI infrastructure boom . Let's see why that's the case. Continue reading
Meta (NASDAQ: META) is still generating massive profits from its ad business, but the real story is whether its AI spending can become a long-term advantage. If AI improves targeting, engagement, and monetization across its platforms, the path to $1000 a share may be more realistic than skeptics think. Stock prices used were the market prices of May 4, 2026. The video was published on May 6, 2026....
Meta (NASDAQ: META) is still generating massive profits from its ad business, but the real story is whether its AI spending can become a long-term advantage. If AI improves targeting, engagement, and monetization across its platforms, the path to $1000 a share may be more realistic than skeptics think. Stock prices used were the market prices of May 4, 2026. The video was published on May 6, 2026. Continue reading
Inflation Expectations Jump To 3 Year High As Financial Pessimism Surges: NY Fed Survey Ahead of tomorrow's jobs report which is expected to show a substantial slowdown from last month's 178K surge, moments ago we got another reminder that the stagflationary iceberg remains front and center ahead of the US, after the NY Fed's latest monthly survey of consumer expectations reported that Inflation e...
Inflation Expectations Jump To 3 Year High As Financial Pessimism Surges: NY Fed Survey Ahead of tomorrow's jobs report which is expected to show a substantial slowdown from last month's 178K surge, moments ago we got another reminder that the stagflationary iceberg remains front and center ahead of the US, after the NY Fed's latest monthly survey of consumer expectations reported that Inflation expectations at the one-year horizon rose again to 3.64% in April from the previous month’s 3.42%, the highest since September 2023. Inflation expectations were unchanged at 3.15% for the three-year-ahead horizon and also unchanged at 3.01% at the five-year-ahead horizon in April. The jump in year-ahead expectations took place even though 1 year gas inflation expectations tumbled sharply in April to 5.11% from 9.42% in April, which had been the highest reading since March 2022. Other commodity price change expectations also rose, but to a more limited degree: food prices are now expected to rise 5.2%, down from 6%; medical costs to rise 9.6%, also a bit lower than the 9.7% in March; the price of a college education to rise 8.8% (down from 9%); and rent prices should drop from 7.1% to 6.0%. Turning to the labor market, sentiment has continued to deteriorate fast with respondents saying that the mean probability the US unemployment rate will be higher next year rose another 0.4% (after the 3.6% jump a month ago) to 43.9%; highest reading since April 2025 On the other end, median one-year-ahead earnings growth expectations rose by 0.3% to 2.7% in March, tied for the highest since April 2025. More bad news: the mean perceived probability of losing one’s job in the next 12 months increased again, this time by 0.2% to 14.6%, tied with the series’ 12-month trailing average of 14.6%. The mean probability of leaving one’s job voluntarily, or the expected quit rate, in the next 12 months declined by 0.1% to 18.2%. A silver lining: the mean perceived probability of finding a job if one...
Arm Holdings CEO Rene Haas on Thursday sought to reassure investors about one of the biggest sticking points after its earnings report: Will Arm be able to produce enough of its AI chips to meet demand? In an interview with Jim Cramer on CNBC, Haas said he was "confident" that Arm would secure a sufficient supply of its new central processing units (CPUs) to meet its stated $2 billion in customer ...
Arm Holdings CEO Rene Haas on Thursday sought to reassure investors about one of the biggest sticking points after its earnings report: Will Arm be able to produce enough of its AI chips to meet demand? In an interview with Jim Cramer on CNBC, Haas said he was "confident" that Arm would secure a sufficient supply of its new central processing units (CPUs) to meet its stated $2 billion in customer demand across fiscal 2027 and fiscal 2028. Arm's fiscal 2027 started last month. "This is not perishable demand, to be clear," Haas said. "This is demand that is firm, sustaining, and very, very robust. Agentic AI puts a huge amount of pressure on the CPU to do all the work around orchestration, scheduling, and the management of these agents. That's only work the CPU can do. So, while we are in the process of securing supply for that additional demand, the demand is not going away. I'm confident we'll get that supply, and I'm also very confident that demand is going to continue." The reason why this matters: That $2 billion figure is double what Arm laid out in March when it announced the chip, branded as the AGI CPU. Investors were excited to see that upward revision in Arm's shareholder letter released after Wednesday night's close, and it helped explain why the stock got an after-hours pop. Doubts arose, though, when CFO Jason Child said on the earnings call about an hour later that Arm was maintaining its official outlook of $1 billion in AGI CPU revenue over the next two fiscal years "while we pursue supply chain capacity." He added, "We still expect the first revenues from production chip sales to land in the fourth quarter of this fiscal year." Shares started to lose steam on the supply chain comment. Now layer in that the stock was red hot coming into the print, and it's unsurprising to see shares down 10% on Thursday. Arm shares ended Wednesday up about 75% since debuting the AGI CPU on March 24. Under these conditions, talking about line-of-sight into more revenue...
AMG Critical Materials press release ( AMVMF ): Q1 GAAP EPS of $0.36. Revenue of $446.1M (+14.9% Y/Y). Despite the significant geopolitical instability, the company reiterated 2026 adjusted EBITDA guidance range of $210 to $240 million. It expects adjusted EBITDA in the second quarter of 2026 to approach the level achieved in the second quarter 2025, supported by likely peak tantalum prices and fa...
AMG Critical Materials press release ( AMVMF ): Q1 GAAP EPS of $0.36. Revenue of $446.1M (+14.9% Y/Y). Despite the significant geopolitical instability, the company reiterated 2026 adjusted EBITDA guidance range of $210 to $240 million. It expects adjusted EBITDA in the second quarter of 2026 to approach the level achieved in the second quarter 2025, supported by likely peak tantalum prices and favorable phasing of shipments in AMG Lithium. More on AMG Critical Materials AMG Critical Materials N.V. (AMVMF) Q1 2026 Earnings Call Transcript AMG Critical Materials N.V. 2026 Q1 - Results - Earnings Call Presentation AMG Critical Materials N.V. 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for AMG Critical Materials Financial information for AMG Critical Materials
Middleby (NASDAQ: MIDD) just let investors know that its business is humming, and that's great timing for shareholders. The stock surged 12.2% as of 12:15 p.m. ET after Middleby beat on earnings and raised guidance. It comes just two months before the company will restructure into two separate companies. First lets look at how the businesses are doing. Image source: Getty Images. Continue reading
Middleby (NASDAQ: MIDD) just let investors know that its business is humming, and that's great timing for shareholders. The stock surged 12.2% as of 12:15 p.m. ET after Middleby beat on earnings and raised guidance. It comes just two months before the company will restructure into two separate companies. First lets look at how the businesses are doing. Image source: Getty Images. Continue reading