Bill Ackman’s Pershing Square files for IPO on the NYSE
The planned listing would give public investors a stake in Ackman’s investment platform, which oversees a concentrated portfolio of large-cap companies
Oracle earnings will show whether its expensive AI bet is starting to pay off
Oracle’s $300 billion deal with OpenAI established it as a major player in AI cloud computing alongside Amazon, Google and Microsoft.
Volkswagen flags a tough year ahead as 2025 profit halves on tariffs, China competition
Volkswagen reported a more than 50% drop in annual operating profit, citing the impact of U.S. tariffs, currency effects and a strategic shift at Porsche.
Iran defends strikes on Gulf neighbors — but they say trust is broken
Iran has defended its strikes against its Gulf countries but its neighbors say attacks have damaged trust for a long time.
S&P 500 ends volatile day slightly lower as Iran conflict keeps traders on edge: Live updates
Stocks reversed course from their lows Monday and closed higher across the board after Trump gave signs that an end may be in sight for the U.S.-Iran war.
As the Iran war upends energy flows, Russia is emerging as the real winner
Russia is shaping up to be a major beneficiary of the escalating energy crisis in the Persian Gulf, analysts told CNBC.
CNBC Daily Open: Markets recover as Trump hints Iran war is nearing its end
U.S. key benchmarks closed in the green after Trump signaled a near end to the Iran war.
Strait of Hormuz will partially reopen in 2-3 weeks: David Roche
Quantum Strategy’ David Roche says he expects oil reserves can sufficiently support world demand, and that the ‘world won’t run out of oil’. He also explains why he believes Iran can’t afford to escalate the war further, and therefore will not engage m…
10-year Treasury yield is little changed as oil tumbles after Trump warns Iran over Hormuz flows
The 10-year Treasury yield was flat as oil prices tumbled after Trump warned that Iran would be hit harder if it tried to halt Strait of Hormuz shipments.
Iran war threatens catastrophic consequences for the oil market, Aramco CEO says
Saudi Aramco beats profit estimates and keeps $85 billion payouts as oil prices surge again.
