Business & Finance

Oil prices fall below $100 as U.S.-Iran tensions keep traders focused on Strait of Hormuz risks

Oil prices fell Thursday, as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.

CNBC 4 hours ago

Business & Finance

Peloton beats estimates on revenue as higher subscription prices offer a boost

Peloton CEO Peter Stern told CNBC that the company believes raising prices on its subscriptions was a value-driven move.

CNBC 4 hours ago

Business & Finance

Amazon to carry Ozempic pill at U.S. kiosks, offer same-day delivery

Amazon said on Thursday its pharmacy will stock Novo Nordisk's Ozempic pill to treat type 2 diabetes at its kiosks and ⁠offer same-day delivery of the drug.

CNBC 4 hours ago

Business & Finance

Stocks making the biggest moves premarket: Whirlpool, Shake Shack, McDonald's, Arm Holdings & more

These are the stocks posting the largest moves in the premarket.

CNBC 4 hours ago

Business & Finance

Gold and silver's historic rally could resume 'as fog of war lifts', market watchers say

On Thursday, spot gold jumped 1.2% to $4,750 per ounce amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.

CNBC 4 hours ago

Business & Finance

McDonald's earnings top estimates despite 'challenging environment'

Shares of McDonald's have fallen 10% over the last year, hurt by concerns about the broader economy.

CNBC 4 hours ago

Business & Finance

Shell tops profit estimates as Iran war boosts oil price, cuts share buybacks

Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.

CNBC 4 hours ago

Business & Finance

This aluminum producer is on fire. Why Wells Fargo sees the stock rising even more

Analyst Timna Tanners upgraded the aluminum miner and smelter to overweight from equal weight.

CNBC 5 hours ago

Business & Finance

Rare disease families find roadmap to drug development at bootcamps

Ultragenyx’s Rare Bootcamp gives families a roadmap to help drive research and develop new treatments for rare diseases.

CNBC 5 hours ago

Business & Finance

This oil tanker stock has outperformed. Bank of America sees more gains, even if U.S.-Iran war ends

The bank upgraded the oil transport name to buy from underperform.

CNBC 5 hours ago