CNBC Business News Update - Market Midday: Stocks Higher, HBO Max Is Coming Back, Boeing Gets Major Plane Order From Qatar 5/14/25

Episode Date: May 14, 2025

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger.

I'm Jessica Edinger CNBC Wall Street is in the green but slightly this afternoon at least for the Dow. It's up two points being led higher by shares of Nvidia. Those are higher by three and a half percent. The S and P 500 index is up 10 points. The NASDAQ up 125 points, about a half percent. Amazon on pace to snap its best rally in about three years. Five straight winning days, but it's lower today. The S&P 500 index is now positive for the year, clawing itself back to about where it started on January 2nd, but the Dow and the NASDAQ,

as of the noon hour Eastern time, are still in the red year to date. HBO Max is coming back as Warner Brothers Discovery is renaming its streaming service again. It used to be Just HBO, then HBO Max, and then Just Max. Now it's going back to HBO Max. The company had ditched that name just two years ago, and it says it's scaling back its volume of content to focus on quality programming and storytelling.

Boeing, with its largest ever 787 Dreamliner jet order with Qatar Airways. The president continues his deal-making trip. He's in Doha, Qatar. He is announcing a major deal for Boeing, a purchase of 160 aircraft, the president says. He calls it the largest deal ever for Boeing. a signing ceremony with the Amir of Qatar the president Appearing very pleased to make this announcement Carl. It's a major deal for American manufacturing

That's part of why the president has been on this trip is to generate a lot of business activity for American companies He appears to be doing it again right now CNBC's Amon Javers American companies. He appears to be doing it again right now. CNBC's Eamon Javers. United Health shares were bouncing up 2% after yesterday's nearly 18% plunge. That's when the CEO announced he was stepping down for personal reasons. Airbnb making some big changes. Airbnb launching a complete redesign of its app. CEO Brian Chesky unveiled a completely new service. Experiences inside the app. It's an effort for Airbnb to become a place for people, not just to book places to rent,

but for people to book local tours, chefs, prepared meals, services, spas, anything that they're doing when they're on a vacation or frankly, in their hometown. CNBC's Andrew Ross Sorkin. American Eagle outfitters shares are tumbling. This after withdrawing full year guidance, the retailer also revealing it's writing off $75 million in inventory. American Eagle says it's making the moves as it deals with

slow sales, steep discounting and an uncertain economy. CNBC's Sylvana Hanau. Egg prices the price drop for eggs since October. The NFL releasing the schedule for its 2526 season tonight. Amazon's two day pet day sale ends tonight. Facebook parent Metta CEO Mark Zuckerberg, 41 years old today. He's the world's second richest man, depending on the day and the stock price. Neck and neck with Amazon founder Jeff Bezos, both behind Elon Musk.

Jessica Edinger, CNBC.