Oil prices fall on negotiations to manage ship traffic in Strait of Hormuz
Crude prices rose Wednesday after Yemen’s Houthis claimed they had struck a Saudi Arabian oil tanker in the Red Sea.
Lisa Su brushes off Musk’s Nvidia commitment as AMD stock sinks after earnings
The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.
Russian attack kills at least 17 in Kyiv as Ukraine hammers more Wildberries warehouses
The bombardment comes as each side ramps up air attacks on critical infrastructure and logistics hubs.
10-year Treasury yield slides a bit after weak ADP jobs data
The 10-year U.S. Treasury note yield fell on Wednesday following a weaker-than-expected jobs reading from payrolls processing firm ADP.
SpaceX stock falls 13% as AI spending surge rattles investors and massive share unlock looms
CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.
Novo Nordisk CEO defends economics of Wegovy pill as lower prices weigh on sales; shares fall 5%
Wall Street isn’t convinced the Ozempic maker has a promising path back to sustainable growth as competition from Eli Lilly intensifies.
CNBC Daily Open: Markets rally on hopes of Iran-U.S. Strait of Hormuz deal
U.S. Treasury Secretary Scott Bessent told CNBC that Iran and the U.S. could reach a deal to open the Strait of Hormuz by Wednesday.
The Stoxx 600 just hit a record high – here’s what’s driving the pan-European index
Europe’s headline index is up 10% in 2026 so far, but below the surface, the sectoral picture is far more nuanced.
Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy
Severe drought is disrupting energy and freight across Europe as low Rhine and Danube levels raise risks for supply chains and economic growth.
CNBC UK Exchange: Diageo’s turnaround test
The world’s biggest spirits company has since seen its share price more than halve as its fortunes have waned.
