ASML shares fall after hiking sales forecast for second time this year on strong AI chip demand
ASML on Wednesday raised its guidance for a second time this year as its customers continue to ramp up their production capacity of AI chips.
The British finance minister choice that’s worrying big business
There are reports that Burnham had been persuaded not to appoint early frontrunner Ed Miliband, instead opting for Shabana Mahmood.
Why Europe is suddenly betting big on drones
Drones and autonomous systems are moving from niche battlefield tools to a core part of modern warfare.
Stripe, Advent make $53 billion takeover offer for PayPal, sending stock soaring
Stripe and Advent International have made a joint offer to acquire PayPal for $60.50 per share, in a deal that would valued at more than $53 billion.
Oil rises after another round of U.S. strikes against Iran, naval blockade of the country’s ports
Oil prices rose Wednesday after U.S. forces struck Tehran and Washington reinstated its naval blockade of Iranian ports near the Strait of Hormuz.
China posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls
That second-quarter growth came below Beijing’s full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.
CNBC Daily Open: Trump walks back on Hormuz tolls in TACO Tuesday
U.S. President Donald Trump has reversed his announcement on imposing fees on ships transiting the Strait of Hormuz
SK Hynix South Korean shares jump 8% as Asia tech stocks rally
SK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor shares after a sharp selloff earlier this week.
Stock futures rise as soft inflation reading lifts market: Live updates
Stocks climbed Tuesday after a cooler-than-expected inflation report bolstered hopes that the Fed may not need to raise interest rates as aggressively.
SK Hynix options begin trading. But another group of stocks is stealing its thunder
One explanation for the lack of notable call-buying is that the surge in single-stock ETFs and leveraged funds stole a big chunk of the speculative limelight.
