TazaPulse

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U.S. blockade of Strait of Hormuz set to begin

TazaPulseApril 13, 2026

A smartphone displays the MarineTraffic app showing numerous ship beacons near the Strait of Hormuz with a satellite view in the background, in Creteil, France, on April 8, 2026. Samuel Boivin | Nurphoto | Getty Images The U.S. on Monday morning is set to start blocking ships from entering or exiting the Strait of Hormuz,...

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Eli Lilly market share drops, Novo Nordisk holds firm as generic weight-loss drugs flood India

TazaPulseApril 13, 2026

The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters The market share of India’s most popular weight‑loss drugmaker, Eli Lilly, slipped in March, while rival Novo Nordisk held steady even as Indian generic drugmakers flooded the market with lower‑priced copies. Eli Lilly’s Indian market share in the GLP‑1 category of...

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Pancreatic cancer drug daraxonrasib from Revolution Medicines succeeds in trial

TazaPulseApril 13, 2026

Pancreatic cancer, illustration Nemes Laszl | Science Photo Library | Getty Images Revolution Medicines‘ drug for pancreatic cancer succeeded in a highly anticipated Phase 3 trial, almost doubling the typical length of survival and slashing the risk of death by 60% versus chemotherapy, the company said Monday. RevMed said its daily pill, daraxonrasib, met all...

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‘Fed up’ with Trump and Putin affecting UK energy costs

TazaPulseApril 13, 2026

British Prime Minister Keir Starmer speaks at the start of a Cabinet meeting to mark the fourth anniversary of Russia’s full-scale invasion of Ukraine, at Downing Street in London, Feb. 24, 2026. Wpa Pool | Getty Images News | Getty Images British Prime Minister Keir Starmer said he is “fed up” seeing energy bills in...

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EV demand gets a boost from Iran war as countries shift away from oil

TazaPulseApril 13, 2026

An electric vehicle (EV) is left to charge at a charging station in Tehran on February 23, 2026. Atta Kenare | Afp | Getty Images The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this will...

How market’s private credit crisis fears are spreading to bond ETFs

TazaPulseApril 13, 2026

Fears of a private credit crisis are rising as firms at the heart of the growing, but less liquid and less transparent, bond market face investor redemptions. That stress test has arrived just as private loans became more prevalent in the ETF market. It was a little over a year ago that the Securities and...

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Chinese stocks that can recover on Iran ceasefire

TazaPulseApril 13, 2026

A ceasefire in the Iran war signals a path toward a de-escalation of geopolitical tensions — and an opportunity to re-engage in Asia stocks. That’s according to Morgan Stanley’s Singapore and Hong Kong-based equity strategists, who expect investors to return to themes from earlier in the year around the artificial intelligence supply chain. They also...

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5 things to know before the market opens Monday

TazaPulseApril 13, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. Turns out one of the biggest winners at last month’s Academy Awards might have been Kodak, whose film was used to shoot “One Battle After Another” and “Sinners.” Here’s how a self-proclaimed “turnaround specialist” rebuilt the company — and took...

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A billionaire’s rugged SUV startup eyes U.S. growth

TazaPulseApril 13, 2026

Ineos Grenadier SUV Courtesy Ineos Automotive An automotive startup founded by a knighted billionaire, U.K. chemical mogul and minority owner of one of the world’s most prominent soccer clubs wants to rekindle the rugged SUV market. The company — Ineos Automotive — has produced more than 35,000 off-road SUVs and pickups since starting in 2022,...