Category
Business
Stories and analysis from The Business Now newsroom.
Business
CVS Health Raises Full-Year Outlook After Strong Earnings Beat and Eli Lilly Weight-Loss Drug Deal
CVS Health Raises Full-Year Outlook After Strong Earnings Beat and Eli Lilly Weight-Loss Drug Deal CVS Health surprised Wall Street with stronger-than-expected second-quarter results, boosted its full-year earnings guidance, and unveiled a strategic partnership with Eli Lilly that could strengthen its position in the fast-growing weight-loss drug market. The combination of improving insurance performance, solid...
Business
Dow Surges Nearly 800 Points as Hormuz Deal Hopes Collide With Iran Denial and SpaceX Earnings
Dow Surges Nearly 800 Points as Hormuz Deal Hopes Collide With Iran Denial and SpaceX Earnings Wall Street is racing higher as investors digest two powerful catalysts at once: renewed hopes that the Strait of Hormuz could reopen and a blockbuster earnings reaction from Palantir, while SpaceX prepares to deliver its first earnings report as...
Business
July 5 Economic Calendar 2026: Jobs, Inflation and ISM Services Could Shake Markets
July 5 Economic Calendar 2026: Jobs, Inflation and ISM Services Could Shake Markets The July 5 economic calendar brings a concentrated run of European and U.S. economic data, with services activity, producer prices, private-sector employment and U.S. oil inventories all scheduled to hit the market. Traders will be watching the data closely for potential signals...
Business
Marco Rubio Says No Final Decision on Strait of Hormuz Yet — What It Means for Global Oil Markets
Marco Rubio Says No Final Decision on Strait of Hormuz Yet — What It Means for Global Oil Markets U.S. Secretary of State Marco Rubio says negotiations over the Strait of Hormuz are making progress, but no final agreement has been reached yet. The uncertainty is keeping global oil markets on edge, even as crude...
Business
Palantir Stock Explodes 20% After Blockbuster Earnings as AI Demand Sends Revenue Soaring
Palantir Stock Explodes 20% After Blockbuster Earnings as AI Demand Sends Revenue Soaring Palantir Technologies (NASDAQ: PLTR) is once again at the center of the AI stock frenzy after a blockbuster earnings report sent shares sharply higher, with investors rushing to reassess the company’s growth story. The latest surge comes as Palantir continues to post...
Business
Oil Drops Near $80 as Strait of Hormuz Reopening Sparks Major Market Shift
Oil Drops Near $80 as Strait of Hormuz Reopening Sparks Major Market Shift Oil prices are sliding sharply as hopes for a U.S.-Iran agreement and a possible reopening of the Strait of Hormuz ease fears of prolonged supply disruption, sending a fresh shock through global energy markets. Brent crude fell about 4% on Tuesday, reaching...
Business
Callum Turner Joins Johnnie Walker Blue Label as Global Ambassador in Major Luxury Brand Move
Callum Turner Joins Johnnie Walker Blue Label as Global Ambassador in Major Luxury Brand Move British actor Callum Turner has been named a global ambassador for Johnnie Walker Blue Label, bringing one of Hollywood’s rising stars into a major international luxury-brand partnership. The appointment adds another high-profile chapter to Turner’s rapidly expanding public profile. The...
Business
Jerry Jones Rethinks AT&T Stadium Sun Problem After FIFA World Cup Curtains Draw Attention
Give feedback Jerry Jones Rethinks AT&T Stadium Sun Problem After FIFA World Cup Curtains Draw Attention Dallas Cowboys owner Jerry Jones is reconsidering whether to tint the windows at AT&T Stadium, a notable change in tone after FIFA used curtains to block sunlight during a 2026 World Cup match at the venue. Jones has long...
Business
ExxonMobil Stock Is Surging — But Is XOM Still a Buy After Its Massive Run?
ExxonMobil Stock Is Surging — But Is XOM Still a Buy After Its Massive Run? ExxonMobil (NYSE: XOM) has become one of Wall Street’s biggest energy stories after a powerful run in 2026, with investors watching the oil giant closely ahead of its latest earnings report. The stock story is especially interesting because XOM combines...