CNBC Daily Open: AI trade goes Meta after Muse launch
The AI bulls are back, and this time it’s Meta driving the rebound.
Alibaba shares jump as new AI chip, data center buildout plans unveiled
Alibaba shares jumped 3% in Hong Kong on Tuesday as the tech giant unveiled a new AI chip and plans to sharply expand its global data center capacity
U.S. strikes Greenland deal at UN to expand military presence at Arctic outposts
Trump said the agreement with Greenland and Denmark would give the U.S. “permanent control over security” in the Danish island territory.
Here’s where UBS says to invest with global yields elevated
Bonds from emerging Asian markets could provide investment opportunities, amid an environment of elevated level of global bond yields.
Investors rush into India’s National Stock Exchange IPO at valuation multiple above Nasdaq
The $2.3 billion NSE IPO, India’s largest public share sale issue so far this year, has drawn strong interest from investors, with bids of more than $10 billion.
Taiwan benchmark Taiex rises to record intraday high as tech stocks advance
Taiwan’s benchmark Taiex rose to a record intraday high Tuesday, driven by gains in the tech sector, following an AI-driven rally on Wall Street.
Here’s who we know is going to the Trump-Xi dinner so far
Very little is known about which Chinese business executives, if any, are expected to attend.
Tesla makes a move on Southeast Asia’s largest EV market. A homegrown giant awaits
Tesla recently set up a subsidiary in Vietnam, taking a step toward a potential entry into a fast-growing EV market dominated by homegrown rival VinFast.
Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eases military pressure
The reports raised hopes of renewed U.S.-Iran diplomacy, with U.S. stock futures mixed and oil prices lower.
CNBC Daily Open: All that glitters is another U.S.-China détente
Thursday will tell us whether Washington and Beijing can match Monday’s market mood. Oil and chip stocks don’t write trade deals.
