Plus: TikTok tells advertising clients that it will fight the looming U.S. ban of its app in court. And, journalists face growing threats around the world. Luke Vargas hosts. Â
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Plus: Paramount Global shares jump after Sony Pictures and Apollo Global Management make a $26 billion offer. Cigna shares fall after the healthcare company reports a quarterly loss. J.R. Whalen reports.
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Plus: Peloton says CEO Barry McCarthy is stepping down and it reduces its global workforce by 15%. Exxon Mobil agrees not to add Pioneer Natural Resources CEO Scott Sheffield to its board as part of a deal to acquire the company. J.R. Whalen reports.
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Plus: Exxon Mobil reaches an agreement to close its $60 billion merger with Pioneer. And, TikTok strikes a licensing deal to return Universal Music artists to the platform. Luke Vargas hosts. Â
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Plus: Amazon shares rise 2.2% a day after the tech giant reported better-than-expected earnings. DoorDash reports record-high revenue, but its per-share loss was more than Wall Street expected. J.R. Whalen reports.
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Plus: GOP Rep. Marjorie Taylor Greene said she will call for a vote next week to oust House Speaker Mike Johnson. CVS Health reports lower Q1 earnings due to its Medicare business being hit with higher costs. J.R. Whalen reports.
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Plus: Brazilian planemaker Embraer is exploring the creation of a new passenger aircraft that would compete head-on with offerings from Boeing and Airbus. And, Starbucks vows to win back customers after earnings disappoint. Luke Vargas hosts. Â
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Plus: Stock markets decline as wage growth points to an ongoing war on inflation. Starbucks shares fall more than 9% after hours following the coffee retailer saying net income fell 15% last quarter. J.R. Whalen reports.
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Plus: HSBC CEO Noel Quinn unexpectedly announces he will retire. The European Commission is investigating whether Meta-owned Facebook and Instagram violated rules governing disinformation and misleading advertising ahead of EU elections. J.R. Whalen reports.
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Plus: Microsoft will invest $1.7 billion in AI infrastructure in Indonesia over the next four years. And, Samsung says its Q1 net profit more than quadrupled while a number of leading car makers report a decline in sales. Luke Vargas hosts. Â
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Plus: Tesla shares rise 15% after good news from China. Apple shares finish 2.5% higher after a Bernstein analyst upgraded the stock. J.R. Whalen reports.
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