CNBC Business News Update

Markets dip after a U.S. strike on Iran, with pain across major indices. Oil and energy names race higher as crude spikes. Defense and drone makers jump on conflict-driven demand. Gold draws renewed interest amid safe-haven buying. Travel and cruise stocks slip amid regional disruptions.

Phil LeBeau, veteran automotive and airline reporter, offers sharp industry-specific analysis. He breaks down how the U.S.-Iran clash and a spike in oil ripple through markets. Talks cover risks of Iranian retaliation, rising jet fuel and gasoline, and why travel and airline stocks are tumbling.

A concise market wrap covering a mixed February for the major averages and a sharp Friday sell-off. Discussion of standout winners hitting record highs even as analysts downgrade U.S. prospects and the dollar slips. Concerns about private credit health after sour loans and dividend cuts. Rising wholesale inflation and a crude oil surge that is pushing jet fuel and airline pain. Preview of retail earnings and a big tech event.

Gary Cohn, former National Economic Council director and business executive, provides expert commentary on inflation and producer price index developments. He discusses input-cost pressures from commodities, labor and interest rates. The conversation also touches on a major market sell-off and UBS's broad downgrade of U.S. stocks.

Andy Jassy, Amazon CEO, on the company’s big investment in OpenAI and long-term AI partnership plans. Rick Santelli, market commentator, on a surprising wholesale inflation jump. Gary Cohn, former NEC director, on rising input costs and pressure on producer prices. The conversation covers market sell-offs, inflation data, and major AI funding moves.

Alex Sherman, a sports-business reporter covering the NBA's international plans, breaks down a proposed 10–12 team NBA Europe expansion. Contessa Brewer, a business reporter focused on insurance and finance, reports on State Farm's $5 billion cash return and roughly 10% auto premium cuts. They also touch on why Nvidia tumbled after earnings and other market movers in short, punchy segments.

Josh Brown, CEO of Ritholtz Wealth Management and market commentator, explains why NVIDIA often retreats after big earnings moves. Contessa Brewer, CNBC correspondent and anchor, reports State Farm cutting auto premiums and returning $5 billion. They also cover job cuts at eBay and recent labor claim trends.

Markets trade mixed as chip giant earnings send shares on a rollercoaster. CEO commentary explores how AI will work with everyday tools. A major automaker issues a massive recall over a software glitch. Jobless claims stay low while software and restaurant stocks react to shifting investor expectations.

A market roundup covering index gains and which sectors led the rally. A deep dive into Nvidia's quarterly beat and investor reactions to the CEO's remarks. Discussion of major tech moves like Salesforce’s huge buyback and Snowflake's reaction. Talk about tariff-driven market jitters and why mortgage rates near four-year lows have not revived home sales. A quick consumer note on Panera’s new value meal.

Midday market moves and top stock movers get a quick run-through. NVIDIA ticks higher ahead of its after-hours report and AI chip competition is in focus. Tariff-driven volatility and its market effects are explored. Early tax refunds arriving and where that money might flow are discussed. Home improvement chain results and mortgage-rate shifts round out the roundup.