Iran hosts Hormuz calls with Saudi Arabia, Oman as Trump hails ‘good talks’
Talks over the Strait of Hormuz continue as Iran’s Foreign Ministry discussed the strategically vital maritime passage with Saudi and Omani counterparts.
CNBC Daily Open: Chipping away at the AI boom
Another sharp sell-off in AI-related stocks shows the cracks could be worsening in the tech bull market.
Indonesian stocks stage massive turnaround, hitting bull market status after clocking a five-year low just last month
Attractive valuations, quick intervention by regulators and a return of foreign investors have helped propel Indonesian stocks reach bull-market status.
U.S. crude oil falls below $80 as Iran discusses Strait of Hormuz with Saudi Arabia and Oman
Speaking to reporters aboard Air Force One on Monday en route to Michigan, Trump dismissed suggestions that the U.S. was running short on weapons.
AMD, Intel and Micron extend losses as chip stocks get clobbered
Semiconductor stocks fell on Tuesday, extending a rout in chipmakers after another weak session on Wall Street.
U.S. and Korean tech stocks are now tightly linked — and that could be a worry for investors
The 60-day correlation between the Kospi and Nasdaq 100 recently climbed to about 0.50, its highest level since 2021, according to data provided by Rayliant.
CNBC Daily Open: Apple reclaims its crown, SpaceX returns to Earth
Nvidia has been dethroned by Apple, with the company reaching a market cap of $4.95 trillion.
Anthropic CEO Dario Amodei says AI company isn’t advocating for ban of open-weight models
Critics have questioned why Anthropic didn’t sign an industry letter last week in support of open-weight models.
CNBC’s The China Connection newsletter: A U.S.-China debate that’s becoming bigger than tariffs
The AI race is heating up so fast this summer that it’s reshaping national priorities in the U.S. and China.
Dow jumps more than 500 points as oil prices slide, investors rotate out of chip stocks
Investors are bracing for a big week of mega-cap earnings and a Federal Reserve meeting.
