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Inflation jumps, Altman's testimony, Huang joins Trump's China visit and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

CNBC Tech - 2026-05-13 12:32:27

Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace"

IEA

The IEA's oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in April.

CNBC US - 2026-05-13 12:12:32

Walmart cuts 1,000 roles to simplify operations, Reuters reports

WMT, WMTD, WMTN

Under new CEO John Furner ​and a ​reshaped leadership team, the ​retailer is doubling down on a tech-focused strategy.

CNBC US - 2026-05-13 12:11:30

Orion Q1 Earnings Call Highlights

OEC

Cabot Boosting Production In Lithium Battery Chain For EV MarketOrion (NYSE:OEC) raised its full-year earnings outlook after reporting first-quarter adjusted EBITDA that exceeded internal expectations, as management cited stronger demand late in the quarter and ongoing benefits f

Nasdaq Earnings - 2026-05-13 12:04:39

Ally Financial Is Back to Basics—And Investors Are Watching

ALLY, JPM, WFC, COF

Ally Financial (NYSE: ALLY) is rediscovering its roots, and the return to its former self is working. Having pared back on a previous expansion into various consumer products, the auto lender and digital bank is reporting solid profits, improved margins, stronger deposits, and

Nasdaq Earnings - 2026-05-13 11:55:00
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Suicide forum fined £950,000 for not blocking UK users

The regulator said the forum had not done enough to protect UK users - but critics accuse Ofcom of acting too slowly.

BBC Technology - 2026-05-13 11:43:42

A U.S. push into the drones industry will drive big gains for this components maker, says Roth

The investment firm initiated coverage of the drone components maker with a buy rating.

CNBC US - 2026-05-13 11:40:05
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Shrinking Milka chocolate bar tricked consumers, says German court

A court in Bremen has found the manufacturer of the classic Alpine Milk chocolate bar guilty of "shrinkflation".

BBC Business - 2026-05-13 11:29:53

This Stock Has A 13.40% Yield And Sells For Less Than Book

CIM

Chimera Investment Corp (Symbol: CIM) has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among REITs, CIM shares displayed both attractive valuation metri

Nasdaq Stocks - 2026-05-13 11:28:55

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