Europe and India are too sensitive to oil prices, says UBS — buy these defensive markets instead
Monday’s relief rally in equities offers an opportunity for investors to rotate into defensive assets, according to researchers at UBS.
David Blitzer and Blackstone-backed group snaps up Indian cricket franchise for $1.8 billion
Indian cricket franchise Royal Challengers Bengaluru has been acquired for $1.78 billion by a consortium of global and Indian investors.
SK Hynix files confidentially for U.S. listing as it rides ‘unprecedented growth’ in memory market
SK Hynix has made a confidential filing for a potential listing in the U.S. this year, as the company looks to expand production.
Meta makes ‘big bet’ on top leaders with stock options as pressure builds to catch up in AI
Meta is granting stock options to top executives as pressure on the company intensifies in the AI battle.
Gold jumps 2% as oil slump eases inflation fears amid Trump Iran talks
Gold climbed as declining oil prices helped temper worries over persistent inflation following reports that Washington is working on a proposal to bring an end to the Middle East conflict.
CNBC Daily Open: U.S.-Iran talks remain clouded in uncertainty
Global markets search for direction amid mixed signals on U.S.-Israel and Iran conflict.
Oil prices fall as Iran signals safe passage for ‘non-hostile’ ships through Strait of Hormuz
Oil prices fell after Donald Trump that Washington and Tehran are “in negotiations right now” and indicated Iran is keen to reach a peace agreement.
Asia-Pacific stocks rise as Trump comments signal de-escalation in Iran conflict
Trump said he decided to back off from his recent threat to order strikes on Iranian energy infrastructure “based on the fact we’re negotiating.”
OpenAI raises additional money to bring record funding round to $120 billion, CFO tells Cramer
The fresh capital brings OpenAI’s historic fundraise to $120 billion, exceeding the ChatGPT creator’s initial target of $100 billion.
OpenAI raises additional money to bring record funding round to $120 billion, CFO tells Cramer
The fresh capital brings OpenAI’s historic fundraise to $120 billion, exceeding the ChatGPT creator’s initial target of $100 billion.
