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S&P 500 futures edge higher after index posts another record; traders eye developments in Iran: Live updates - CNBC
business 2026/05/07 08:19:00

S&P 500 futures edge higher after index posts another record; traders eye developments in Iran: Live updates - CNBC

The S&P 500 and Nasdaq Composite rallied yet again to new intraday and record closing highs on Wednesday.

CNBC
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Hopes for reopening the Strait of Hormuz push world shares higher, as Brent crude holds above $100 - AP News
business 2026/05/07 07:35:00

Hopes for reopening the Strait of Hormuz push world shares higher, as Brent crude holds above $100 - AP News

World shares have advanced, with Tokyo’s Nikkei 225 up nearly 6%. The price of Brent crude was holding above $100 a barrel early Thursday, however, as investors waited to see if the U.S. and Iran will strike a deal allowing tankers to deliver crude from the P…

Associated Press
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Trump reportedly pressed FDA chief to authorize mango and blueberry vapes after years of rejection - Fortune
business 2026/05/07 07:18:00

Trump reportedly pressed FDA chief to authorize mango and blueberry vapes after years of rejection - Fortune

Trump previously said he would ban flavored vapes in 2019.

Fortune
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Shell tops profit estimates as Iran war boosts oil price, cuts share buybacks - CNBC
business 2026/05/07 06:02:54

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

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

CNBC
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GameStop CEO Says eBay Shut Account After Buyout Funding Stunt - Bloomberg.com
business 2026/05/07 04:19:00

GameStop CEO Says eBay Shut Account After Buyout Funding Stunt - Bloomberg.com

GameStop Corp. Chief Executive Officer Ryan Cohen said his eBay Inc. account was suspended following a publicity stunt in which he listed a raft of personal items — including a pair of socks — to fund his $56 billion bid for the online marketplace.

Bloomberg
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McDonald's is about to report earnings. Here's what to expect - CNBC
business 2026/05/07 04:01:02

McDonald's is about to report earnings. Here's what to expect - CNBC

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

CNBC
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