SoftBank shares plunge over 11% amid broader tech sell-off
Shares of SoftBank fell 11% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector.
Oil falls as Lebanon and Israel agree to implement ceasefire
Oil eased on Thursday after Israel and Lebanon’s ceasefire agreement, while the U.S. House approved a resolution to curb President Donald Trump’s war powers.
SoftBank’s OpenAI bet and rising debt are raising liquidity crunch concerns
Analysts warned that the market’s renewed optimism on SoftBank is masking mounting balance-sheet risks.
CNBC Daily Open: Fresh Iran war worries halt stock rally
Oil prices rise and markets fall after Netanyahu tells CNBC Israel and U.S. prepared to attack Iran again if necessary.
Flesh-eating screwworm is confirmed in the U.S., officials say
The USDA and Texas officials are working to contain New World screwworm from Zavala County, including establishing an infested zone and enforcing quarantine.
Honeywell’s Quantinuum raises $1.68 billion in U.S. IPO as quantum computing heats up, Reuters reports
Honeywell’s Quantinuum said on Wednesday it had raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece.
Japan may be hiding ‘the best AI value,’ Barclays says
Investors chasing Asia’s AI rally may want to look beyond the region’s top-performing stock markets and consider Japan instead, Barclays said.
Inside India newsletter: Why Taiwan and South Korea’s stock markets have surged past India within a week
The Indian equity market is losing favour with global investors, as its domestic consumption story weakens and the country lags in AI.
S&P 500 futures fall after index snaps 9-day win streak amid rising Middle East tensions: Live updates
Rising oil prices and Treasury yields weighed all three major indexes lower on Wednesday.
Asia-Pacific markets fall on renewed Middle East tensions
Asia-Pacific markets open lower amid renewed tensions between Iran and the U.S. and worries that the conflict may keep inflation elevated.
