Billion-dollar bets: Global investors chase Indian Premier League to ride booming cricket economy
India is the world’s fastest-growing consumer market, and with cricket commanding near-religious devotion, investors are rushing to own IPL franchises.
Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites
Nintendo said the price of the Switch 2 in the U.S. will rise from $449.99 to $499.99. In Japan, Nintendo will hike the price from 49,980 yen to 59,980 yen.
European stocks open lower with Trump’s EU tariff threats, UK election in focus
European equity markets opened lower on Friday, after U.S. President Donald Trump threatened new tariffs on the EU.
Tech stocks could offer their best value in years, analysts say, after stellar earnings season
A succession of strong earnings seasons since then has allowed tech stocks to “grow into” their stock prices.
CNBC Daily Open: Leadership challenge swirls around Starmer
U.K. Prime Minister Keir Starmer is facing fresh pressure, as his Labour party suffers heavy losses in local elections across Britain.
Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump
The world’s largest automaker by sales volume saw a 1.89% year-on-year rise in revenue during the fourth quarter ended March.
‘Not a Chance Hormuz Opens’: How Wall Street’s new NACHO trade bets on a prolonged oil shock
Traders are embracing the “NACHO” trade, betting Hormuz disruptions and elevated oil prices will persist longer than expected.
Why pension funds are doubling down on private credit despite deepening cracks
Pension funds are sticking with private credit, and in some cases doubling down even as concerns mount over underwriting standards, valuation opacity and sector concentration.
CNBC Daily Open: Who shot first? Hormuz heats again as ceasefire and oil markets in peril
On Thursday, the U.S. and Iran opened fire in the Strait of Hormuz, with each side claiming the other initiated the attack.
