Bret Taylor’s Sierra raises nearly $1 billion months after last capital push
Sierra’s $950 million Series E funding round was led by Tiger and Google’s GV, with participation from Benchmark, Sequoia, Greenoaks and others.
Iran attacks UAE; U.S. says it sank boats in Strait of Hormuz
Stock market indices fell, and oil prices rose after the reported attack on the United Arab Emirates by Iran, which came nearly a month into a ceasefire.
Circle jumps nearly 20% on Clarity Act compromise that preserves stablecoin rewards
Lawmakers over the weekend reached a compromise on the market structure bill known as the CLARITY Act that keeps stablecoin reward programs intact.
U.S. military denies Iran’s claim it struck American warship in Strait of Hormuz
Iran has blocked tanker traffic through the Strait of Hormuz since the U.S. and Israel started the war in late February, resulting in supply and price shocks.
‘Misplaced euphoria’: Markets are sleepwalking into a recession amid Iran war oil price shock
As US equities hit fresh highs, strategists warn that investors are downplaying the impact of soaring oil prices.
Watch CNBC’s full interview with GameStop CEO Ryan Cohen
GameStop CEO Ryan Cohen joins ‘Squawk Box’ to discuss details of the company’s offer to buy eBay for $56 billion, the rationale behind the offer, how the combined company would rival Amazon, and more.
Treasury yields edge higher as traders monitor factory data and Middle East developments
Treasury yields gained Monday as traders looked out for more U.S. factory data, while monitoring developments in the Middle East.
CNBC Daily Open: As Gulf fatigue sets in, earnings take center stage
As geopolitical developments indicate a stalemate, company earnings have taken center stage.
India is burning more coal as extreme heat and the Iran war squeeze energy supplies
India, the world’s third-largest emitter of carbon dioxide, is burning more coal as demand for power rises, most of which is coal-fired.
