The Tech Download: Trump’s China visit sparks fresh questions over chip exports and rare earths access
China President Xi welcomed deeper commercial engagement from the U.S., but uncertainty still hangs over American access to rare earths and chip sales.
Magnum Ice Cream stock soars after report of potential private equity takeover
It comes just six months after Magnum spun off from Unilever to create the world’s largest standalone ice cream maker.
Bonds, stocks and precious metals slump as inflation fears mount, silver falls 7%
Mounting inflation fears, geopolitical tension and ongoing uncertainty around the Iran war has prompted selling pressure across asset classes.
Cerebras stock falls 10% in first full day of trading after blockbuster debut
Cerebras Systems’ shares were lower in early trading Friday, after its blockbuster stock market debut on Thursday.
UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz
The second pipeline project comes as global energy supplies remain under pressure and flows through the Strait of Hormuz remain severely limited
Trump-Xi summit: The 3 big takeaways from historic meeting in Beijing
The two-day meeting wrapped up Friday, setting the tone for further U.S.-China talks this year.
Defense stocks continue to come under pressure – why Citi is ‘reluctant’ to buy the dip
The iShares U.S. Aerospace & Defense ETF has dropped about 10% since the start of March.
CNBC Daily Open: Trump’s China trip ends, but uncertainty remains
U.S. President Donald Trump wraps his trip to China, while political uncertainty grows in the U.K.
European stocks close lower as inflation fears return; Starmer faces leadership challenge
The pan-European Stoxx 600 index finished Friday’s session in negative territory.
Singapore Airlines sticking with Air India for the “long game” despite losses
Air India has been a big drag on SIA’s earnings, but the airline says its investment is part of the “long game”
