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Most Asian markets gave up early gains and ended lower on Thursday as reports that the United States had seized at least three Iranian oil tankers in Asian waters raised concerns that the Middle East conflict could drag on. Stocks in Japan and South Korea hit record highs in early trading, following an overnight rally on Wall Street after President Donald Trump extended a ceasefire with Iran, boosting investor sentiment along with strong corporate earnings.The U.S. military has seized at least three Iranian-flagged tankers in Asian waters and diverted them from positions near India, Malaysia and Sri Lanka, shipping and…

CNBC’s Jim Cramer called Tesla a buy Thursday after the company’s latest results and Elon Musk’s comments on the call. “As someone who pays attention to all the other technologies, I would be a Tesla buyer right now,” Cramer said on “Squawk on the Street.” He argued that investors focused on short-term concerns are missing Tesla’s long-term potential. The electric car maker reported mixed results Wednesday night, with first-quarter adjusted earnings of 41 cents per share compared to expectations of 37 cents. However, sales were $22.39 billion, slightly lower than the forecast of $22.64 billion. Shares fell about 4% on…

U.S. President Donald Trump speaks at the Health Care Affordability Event in the Oval Office of the White House on April 23, 2026, in Washington, DC.Brendan Smialowski AFP | Getty ImagesPresident Donald Trump said Thursday that Americans should expect higher gas prices “for some time” as a result of the Iran war, but he did not specify a timing.But President Trump said he was in no hurry to reach a peace deal with Iran and insisted the war would have a modest impact on both stocks and stock prices. crude oil price More than he expected.”To be honest with you,…

Geopolitical conflicts, such as the U.S.-Israel war on Iran and the conflict between Russia and Ukraine, have put demand on U.S. defense companies soaring as the Pentagon scrambles to replenish its stockpile of weapons and aircraft.Lockheed Martin, Northrop Grumman, RTX Corp. and Boeing reported first-quarter results this week that showed limited growth as supply chain and production delays weighed on the industry.Recommended stories list of 4 itemsend of listLockheed Martin reported first-quarter results on Thursday, falling short of analysts’ expectations. Net income for the first quarter of 2026 was $1.5 billion, down from $1.7 billion in the first quarter of…

caracas — On payday Friday, a popular shopping mall in eastern Caracas is crowded. But even though the hallways look full, the shop windows are brightly lit, and the store is well-stocked, many people come and go empty-handed. Shoppers walk around, browse products, compare prices, but buy very little. An exception was the store of a world-famous lingerie brand, where queues formed following the announcement of special discounts on certain products. Although this is a recent scene, it reflects a reality that existed before January 3rd. Then-President Nicolas Maduro and his wife, Cilia Flores, were captured by the United States…

In early April, startup Era held a gathering in New York for artists who had received developer kits. The artists showed off a variety of mini-gadgets they’ve created, including souvenirs that tell facts and jokes about France, a phone-like device that looks at stock prices and lets you know if it’s a good day to quit work, and a gadget that tells you about air quality. All of these devices are experimental, but what they have in common is Era’s platform that allows hardware manufacturers to create AI agents and orchestration for AI devices. The company doesn’t intend to create…

Hello, this is Priyanka Salve writing from Singapore.Welcome to the latest edition of Inside India. A one-stop destination for stories and developments in the world’s fastest growing large economy.Indian consumers’ desire to move away from gasoline cars was supposed to be Tesla and BYD’s shining moment in the world’s third-largest car market. But traditional automakers, which have dominated the Indian market for decades, have an ace up their sleeve: hybrid cars.enjoy!Do you have any thoughts about today’s newsletter? Share them with the team.big storyWhile demand for electric vehicles is surging around the world, Indian consumers are opting for a different…

On February 19, 2026, Meta CEO Mark Zuckerberg left federal court in downtown Los Angeles after defending the company in a landmark social media addiction trial.John Putman | Anadolu | Getty ImagesMeta plans to lay off 10% of its workforce (approximately 8,000 people) as it continues to ramp up its investment in artificial intelligence.The layoffs will begin May 20, and the company will reverse plans to hire people to fill 6,000 open positions, according to a Thursday memo to employees. Bloomberg first reported on the layoffs. Meta’s latest layoffs follow several smaller cuts that the company said were necessary to…

Brian McDermott believes he can devise the code to finally defeat England’s quest to win their first Rugby League World Cup and end Australia’s years of dominance.McDermott was confirmed on Thursday to replace Sean Wayne, who resigned in January, after the Ashes’ 3-0 win over Australia, and has been tasked with delivering England’s first World Cup win. Co-hosts and defending champions Australia have won nine of the past 10 World Cups and pose a formidable obstacle for England, who have not won since 1995. But an enthusiastic McDermott insists the gap can be closed and three-time runners-up England can take…

Surviving the early stages as an AI startup is about more than just making the technology work: it’s about hiring the right people, avoiding costly mistakes, and standing out in a crowded market. This week on Build Mode, Isabelle Johannesen speaks with Jasper Carmichael Jack, founder and CEO of Artisan, a fast-growing AI startup building an AI workforce for sales. Best known for its viral “Stop Hiring Humans” campaign, Artisan is leveraging AI to reimagine outbound sales while still betting on hiring great talent. In this episode, we dive into what it really takes to build and scale a venture-backed…