CNBC Daily Open: Markets rally as Trump signals Iran war could end soon
The impacts from the Iran war continue to way on global supply chains as economists raise their expectations for a potential recession in the U.S.
South Korea’s Kospi leads rebound in Asia markets as Trump says Iran war could end in weeks
On Tuesday stateside, Trump said the U.S. could leave Iran in “two or three weeks,” adding “We leave because there’s no reason for us to do this.”
Crypto asset manager CoinShares to begin trading on Nasdaq through SPAC merger
CoinShares is merging with Vine Hill Capital to form the holding company CoinShares PLC in a deal valuing the business at about $1.2 billion.
How Ireland became dependent on big pharma — and the risks ahead
In just 50 years, Ireland has become the world’s third largest exporter of pharmaceuticals, with medicines now making up about 20% of Ireland’s GDP. So how did Ireland become so tied to the pharma industry — and is that reliance at risk amid tariffs, p…
Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: ‘Redmond is in a pickle’
With Microsoft losing almost a quarter of its value this year, investors have reset the company’s earnings multiple to the lowest since late 2022.
Anthropic leaks part of Claude Code’s internal source code
Claude Code has seen massive adoption over the last year, and its run-rate revenue had swelled to more than $2.5 billion as of February.
OpenAI closes record-breaking $122 billion funding round as anticipation builds for IPO
The round totaled $122 billion of committed capital, up from the $110 billion figure that was previously announced.
The S&P 500 is wrapping up a tough month. Why April could be better
The S&P 500 might get a fresh start in April.
Warren Buffett says Iran bomb would make nuclear disaster harder to avoid
The Berkshire Hathaway chairman said the growing number of nuclear-armed states has fundamentally altered the global risk landscape.
Why $4 a gallon gas prices won’t trigger Fed interest rate hikes — and could lead to cuts
While there’s still plenty of uncertainty about where rates are headed, Wall Street commentary shifted back to expectations for cuts.
