CNBC Daily Open: Trump lashes out at electoral system and China in fiery speech
President Trump is doubling down on his 2020 election rigging claims, alleged Chinese interference, and on access to information via a new API product.
Xi pitches China as AI partner to developing world, warns against risks and security overreach
China will provide developing countries with 5,000 opportunities in AI training and seminar programs, as well as develop AI cooperation with various blocs.
World’s largest olive oil company says market has ‘definitively’ entered new phase
The update comes as analysts raise concerns about the prospect of global olive oil supplies swinging dramatically from one season to the next.
India’s biggest IPO this year rakes in bids worth $31 billion, powered by institutional frenzy
The IPO of India’s largest asset manager closed on Thursday, drawing keen interest from institutional investors.
SoftBank sinks over 9% as Asia chip stocks track Wall Street AI sell-off
The declines followed another weak session for U.S. technology stocks, with the Nasdaq Composite falling 1.47% as semiconductor shares came under renewed pressure.
Oil prices rise after Kuwait says Iran attacked water desalination and power plant
Fighting between the U.S. and Iran escalated.
CNBC Daily Open: Trump takes the stage — without his longtime teleprompter operator
U.S. President Donald Trump is poised to give a primetime speech on Thursday focusing on election security, although with a new teleprompter operator.
Seven & i shares end 3.6% higher on report of stake talks with Polish convenience chain Zabka
Shares of Seven & i Holdings Co. jumped after a report said the company was looking to buy a stake in Poland’s Zabka Group.
One of China’s top investors says finance, not AI, is the country’s biggest bottleneck
Finance would be China’s weak point in a prolonged rivalry with the U.S. which has the world’s deepest capital market, says Primavera Capital founder Fred Hu.
S&P 500 closes lower, Nasdaq falls more than 1% as chip stocks suffer: Live updates
The moves come after a decline in chipmakers dragged the broader market lower and the U.S. continued to strike Iran overnight.
