Jeff J Mitchell | Getty Images President Donald Trump’s decision to remove the 10% tariff on Scotch whisky exports to the U.S. has brought relief to the embattled sector — and could also provide a much-needed boost to a niche corner of the industry: premium cask investing. Cask investing involves buying an oak barrel filled…
CNBC’s Jim Cramer said the market continues to be driven overwhelmingly by enthusiasm around semiconductors and data center stocks, and next week will test whether investors keep rewarding nearly any positive AI-related development. “This market keeps going up and up on the same old stuff: news about semiconductors, even old news about semiconductors, retreaded news…
Rocket Lab‘s stock blasted 34%, notching its best day ever, after the space company topped first-quarter revenue estimates and announced its largest launch deal on record. The Long Beach, California-based company reported $136.7 million in revenue for its space systems business and $63.7 million for its launch segment. That topped FactSet estimates of $132.1 million…
U.S. President Donald Trump speaks during a Small Business Summit in the East Room at the White House in Washington, D.C., U.S., May 4, 2026. Kylie Cooper | Reuters President Donald Trump has said he will give the European Union until July 4 to ratify its trade agreement with the U.S., threatening to raise tariffs…
The Akamai Technologies logo and lettering can be seen on the headquarters building at the company’s German headquarters in Garching near Munich (Bavaria). Matthias Balk | Picture Alliance | Getty Images Akamai’s stock jumped 20% Friday after it announced a $1.8 billion deal with an AI company and posted first-quarter earnings that were in line…
In an aerial view, a Valero refinery is seen on May 5, 2026 in Corpus Christi, Texas. Brandon Bell | Getty Images Oil prices were little changed Friday, after President Donald Trump insisted the U.S. ceasefire with Iran remained in effect despite an exchange of fire in the Strait of Hormuz. International benchmark Brent crude futures added…
Jakub Porzycki | Nurphoto | Getty Images U.S. tech stocks are back in vogue after another stellar earnings season, but Morningstar analysis suggests the sector offers the best value to investors in years. Market chatter in 2024 and 2025 frequently referenced fears of a bubble emerging in the top end of the U.S. equity market,…
Offshore vessel ‘Zakher Duty’ at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. Amr Alfiky | Reuters Asia-Pacific markets traded lower Friday, as concerns grew over renewed hostilities between Iran and the U.S. amid a fragile ceasefire….
While authorities have typically refrained from immediately confirming currency interventions, they usually issue warnings beforehand — an intentional, strategic ambiguity that keeps the element of surprise to maximize market impact. Richard A. Brooks | Afp | Getty Images After multiple warnings against the “speculative” and “one-sided” currency moves, Japan’s Ministry of Finance appears to have put its…
CoreWeave shares tumbled as much as 10% in extended trading on Thursday after the AI infrastructure provider issued light revenue guidance and increased its 2026 capital spending forecast. Here’s how the company did in comparison with LSEG consensus: Earnings per share: Loss of $1.12 adjusted vs. loss of 90 cents expected Revenue: $2.08 billion vs….