Intel gains 10% after Trump says company will partner with Apple on U.S. chip design
The boost continues Intel’s recent rally as the chipmaker bounces back from years of headwinds.
Trump-Modi bromance back on display in meeting on sidelines of G7
U.S. President Donald Trump pledged to defend India, but only if Narendra Modi is the leader.
SpaceX stock sinks for a second day as company slips below Amazon in market cap
Investor bullishness showed signs of waning on Wednesday, as shares sank 5%.
Strait of Hormuz reopening may take weeks to ease shipping backlog and oil pressure
The Strait of Hormuz is set to reopen after Iran and the U.S. sign a peace deal, but experts warn backlogs and security checks could delay normal shipping.
China to return as major oil buyer in August, JPMorgan says, naming its top stock picks
The pullback in oil imports by the world’s largest oil importer has helped absorb the global energy shock and cap the surge in oil prices since the war began.
CNBC Daily Open: Losing the dot plot
Kevin Warsh made a splash at his debut meeting as Federal Reserve chairman, as a more hawkish stance spooks both stocks and bond markets.
Why Wall Street banks and foreign borrowers are rushing to tap China’s cheap money
Foreign governments, Wall Street banks and multinational companies are flocking to China’s panda bond market.
Treasury 2-year yield post-Fed spike ‘exaggerated’ or is there room for more? Strategists weigh in
Markets pushed up short-term Treasury yields after Kevin Warsh’s first Fed meeting, though strategists disagreed on whether the move signals a lasting shift toward tighter policy.
Google Gemini co-lead Noam Shazeer leaves for OpenAI
Google’s vice president of engineering and a co-leader of its Gemini AI models announced Wednesday he is leaving the company to join OpenAI.
India’s largest stock exchange files for IPO as mega-listings gather pace
India’s largest stock exchange sets the ball rolling for mega IPOs this year as it files papers to go public.
