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22

Tesla cutting around 2,700 jobs in Austin and over 3,300 in California as part of broad restructuring

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Tesla is eliminating about 12% of its workforce at a factory in Austin, Texas, where the electric vehicle company is headquartered.

EW Scripps exploring sale of Black-culture broadcast network Bounce TV

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EW Scripps has received inbound interest in its Black-culture network Bounce TV, CEO Adam Symson said in an exclusive CNBC interview.

21

Senate advances long-awaited aid for Israel, Ukraine, Taiwan, and TikTok bill

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President Biden initially proposed aid for Israel, Ukraine and Taiwan in October.

U.S. oil rises nearly 2% to top $83 a barrel as slowing manufacturing raises interest rate cut hopes

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The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports

HashiCorp shares spike on report that IBM is in talks to buy the cloud software maker

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HashiCorp's business is growing considerably faster than that of IBM, which has been confronting a challenging economic environment.

Bond auctions are a bigger deal than usual this week. The first went the way of the bulls

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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

DJT stock plunges 9% with Trump set to qualify for 36 million bonus shares

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Trump will receive an additional 36 million shares, worth about $1.15 billion, if the stock closes above a $17.50 minimum share price.

Here's what to do if you missed the federal tax deadline

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The federal tax deadline was April 15, and if you missed it, you should file and pay your balance as soon as possible to reduce penalties and interest.

Half of American workers support a ban on talking politics in the office

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Just under half of all workers say they would be in favor of a ban on talking politics in the office, a new CNBC survey finds.

Danaher shares jump 7% as the turnaround in biotech spending finally arrives

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There was much more to like in this print, including strong headline results on the back of strength in all key operating segments.

20

Jim Cramer says Apple stock could go even lower but sees plenty of reasons it shouldn't stay down

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The tech giant has time and time again proved the naysayers and bears wrong.

Here's why Biden administration believes new student loan forgiveness plan will survive legal challenges

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After the Supreme Court blocked President Joe Biden's first plan to forgive student debt, his administration set out to create a more viable relief package.

ByteDance, TikTok shelled out $7 million on lobbying and ads to combat potential U.S. ban

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The disclosures show how TikTok officials lobbied Congress and President Joe Biden's executive office last quarter.

Labor Department issues rule to crack down on bad retirement savings advice

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The Biden administration issued a final "fiduciary" rule that aims to rein in conflicts of interest that officials say erode Americans' savings.

'Your personality will get you 10 times richer than your intelligence,' says self-made millionaire who retired at 35

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When it comes to getting promotions and raises, your EQ is more important than your IQ, says 42-year-old millionaire Steve Adcock.

19

Tesla set to report first-quarter earnings after the bell

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Tesla is set to release first-quarter earnings on Tuesday following a dismal deliveries report earlier this month.

Trump trial: National Enquirer would 'embellish' negative stories about Trump's 2016 rivals, Pecker says

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Trump is charged with falsifying business records related to a scheme to silence porn star Stormy Daniels from speaking about an alleged tryst with him.

Airbnb's new chief business officer shares his top priorities for hosts and travelers

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International stays and more guest experiences are crucial parts of Airbnb's top priorities for future growth.

Healthy Returns: Biotech IPOs ramped up to start 2024, but the market hasn't fully recovered just yet

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Biotech IPOs surged at the start of 2024, but the rest of the year will depend on Fed rate cuts. Meanwhile, doctors using VR and AI to hone their skills.

18

JetBlue shares tumble 15% after airline lowers 2024 revenue outlook

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JetBlue said second-quarter revenue would likely drop as much as 10.5% on the year.

Jim Cramer looks at what Disney CEO Bob Iger is doing well and what he needs to work on post-Peltz

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The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Apple sends invites to May 7 launch event, new iPads expected

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Apple will launch new products on May 7 in an online event, according to invites sent to the media on Tuesday.

How much Americans in their 40s have in their 401(k)s—and how to boost it

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Although many Americans in their 40s are getting closer to retirement age, they don't have much saved. Here's how to get on track.

17

Market veteran Howard Marks says Fed is 'not going back' to ultra-low rates

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That means credit can provide a "very solid foundation" to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.

UAE central bank asks lenders to defer loan repayments for six months to help flood-hit residents

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Roughly a year's worth of rain pummeled the Gulf country in a span of just 12 hours between April 16 and 17, destroying businesses, cars and other property.

16

Less burnout for doctors, better clinical trials, among the benefits of AI in health care

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Artificial intelligence has traditionally been used to make healthcare safer and better. Now generative AI is making efficency a priority.

Spotify reports record quarterly profit after a year marked by deep layoffs and activist attention

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Spotify beat expectations on the top and bottom lines when it reported quarterly earnings Tuesday, after a year of activist investor scrutiny and cost-cutting.

15

PepsiCo earnings beat estimates but product recalls, weaker lower-income consumer hurt U.S. sales

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PepsiCo's volume and sales growth were better in most international markets than in its North America markets.

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

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The S&P 500 and Nasdaq try for two in a row Tuesday, one day after breaking their six-session losing streaks.

Drugmaker Novartis climbs after guidance rise on sales of blockbuster drugs

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Shares of Swiss drugmaker Novartis climbed as much as 4.8% in early deals Tuesday after it raised its full-year guidance following better-than-expected first-quarter results.