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Apr 01, 2026 • 4 min

Wall Street loses patience with Nike as turnaround drags, China weakness deepens

Nike warned that its turnaround is taking longer than it expected, leading three Wall Street banks to downgrade the stock as investors lose patience.

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CNBC Finance

Apr 01, 2026 • 4 min

Parents with student loans are running out of time to secure forgiveness and affordable payments

Parents with student debt still have time to consolidate their loans and preserve their access to affordable repayment plans and debt forgiveness.

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CNBC Finance

Apr 01, 2026 • 2 min

Eli Lilly opposes push to pass Trump's drug pricing deals into law, CEO says

Eli Lilly opposes the White House's push to codify "most favored nation" drug pricing into law, CEO Dave Ricks said in an interview with CNBC.

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CNBC Finance

Apr 01, 2026 • 3 min

Franklin Templeton acquires digital assets investment firm in active crypto management push

Franklin Templeton has agreed to buy 250 Digital, which will join the newly established unit Franklin Crypto, as the firm deepens its digital assets push.

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CNBC Finance

Apr 01, 2026 • 2 min

SpaceX confidentially files for IPO, setting stage for record offering

Elon Musk's SpaceX is reportedly targeting a valuation of around $1.75 trillion in its forthcoming IPO.

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CNBC Finance

Apr 01, 2026 • 7 min

FDA approves Eli Lilly's GLP-1 pill, opening the next phase of the weight loss drug market

The FDA approval of Eli Lilly's GLP-1 pill Foundayo comes nearly three months after Novo Nordisk's oral version of Wegovy hit the market.

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CNBC Finance

Apr 01, 2026 • 2 min

Intel shares jump 9% after buying back Ireland chip fab in sign of renewed strength

The semiconductor company will now wholly own Fab 34 after spending $14.2 billion to repurchase the 49% stake it sold to Apollo Global Management two years ago.

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CNBC Finance

Apr 01, 2026 • 1 min

Shutting Hormuz is a template for China in Taiwan

Beijing will seek to replicate Tehran’s playbook in the Taiwan Strait — and the global economic impact could be even worse

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Financial Times (FT)

Apr 01, 2026 • 9 min

'I hate customer-service chatbots': The consumer-AI refund relationship is off to a rocky start

Generative AI is designed to please humans, but maybe not in the case of customer service chatbots dealing with angry consumers looking for refunds.

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CNBC Finance

Apr 01, 2026 • 3 min

Germany stops gas stations from raising pump prices more than once a day

Germany is introducing a fuel package to prevent powerful gas companies from "abusive fuel price increases," as the Middle East conflict continues.

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CNBC Finance

Apr 01, 2026 • 3 min

Trump says Iran's president asked for ceasefire, but U.S. wants Hormuz Strait open first

The war began in late February when the U.S. and Israel launched strikes on Iran, causing economic turmoil and massive global energy disruptions.

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CNBC Finance

Apr 01, 2026 • 4 min

Jim Cramer's top 10 things to watch in the stock market Wednesday

Nike's earnings were disappointing, and RH is also facing a rocky turnaround.

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CNBC Finance