U.S. and Iran trade fire in Strait of Hormuz; each claims other shot first

CENTCOM’s statement does not mention the status of the U.S.-Iran ceasefire, which has already been frayed by repeated claims that its terms are being breached.
Coinbase posts steep first-quarter loss after slide in crypto prices, shares fall 4%

Crypto trading platform Coinbase reported a surprise first-quarter loss and weaker-than-estimated revenue after the market close Thursday.
Here’s how the stock market may trade the April jobs report, according to JPMorgan

JPMorgan has a list of potential outcomes for the market, depending on what the critically important payroll report shows.
Airbnb tops revenue estimates, but Middle East cancellations rise due to Iran war

Airbnb reported mixed first-quarter results after the bell on Thursday and warned of regional weakness due to the war in Iran.
CoreWeave revenue more than doubles in first quarter, topping estimates

CoreWeave has been raising billions of dollars in debt to finance its data center buildout as it serves the leading AI companies.
One defense stock has fallen so far it’s attractive for a short-term bounce and longer-term, Jay Woods says

The lead contractor on the F-35 fighter peaked on March 2, literally the first trading day after the Iran war started.
Options traders love this under-the-radar AI play

For an $18 billion market-cap company, data-center owner Iren trades like one of the AI giants.
Here’s what to expect from Friday’s release of the April jobs report

The total picture is one of a labor market that, while undoubtedly cooling, is generally stable and resilient despite a number of challenges.
Stocks making the biggest moves midday: Planet Fitness, Whirlpool, Vital Farms, Shake Shack & more

These are the stocks posting the largest moves midday.
Ryan Cohen’s mysterious bank letter backing GameStop’s eBay bid reveals a big issue with deal

The combined company would need to maintain an investment-grade credit profile, GameStop’s mysterious financing letter said.