CNBC Daily Open: Markets digest U.S.-Iran war as conflict spreads
The escalating war in the Middle East has ratcheted up fears of prolonged disruption to global trade via key maritime corridors.
South Korea defense stocks soar with heavyweight Hanwha Aerospace surging 20% as traders react to Iran war
The sector’s gains were a sharp contrast to the wider Kospi, falling over 7% to clock its worst day in 19 months.
South Korea’s Kospi sees worst day in 19 months amid broader decline in Asia markets
Oil prices continue to rise Iran’s Revolutionary Guard says it has closed the Strait of Hormuz
Anthropic’s Claude sees ‘elevated errors’ as it tops Apple’s free apps after Pentagon clash
The app surged to the top free app on Apple’s App Store after Anthropic clashed with the Department of Defense over limits for the technology.
Apple launches lower cost iPhone 17e and a new iPad Air powered by its M4 chip
Apple opens week of product launches with refreshed low-cost iPhone and a faster iPad Air, as it begins what looks to be a broader multi-day hardware push.
Nvidia to invest $4 billion in two photonics companies
Coherent and Lumentum will both receive $2 billion each from the chip giant as part of the strategic investment.
Nvidia to invest $4 billion into photonics companies Coherent and Lumentum
Coherent and Lumentum will both receive $2 billion each from the chip giant as part of the strategic investment.
Starlink to partner with Deutsche Telekom to launch satellite mobile service in Europe
The service will go live in 2028. It comes as Starlink’s owner, SpaceX, gears up for an IPO.
Starlink to partner with Deutsche Telekom to launch satellite mobile service in Europe
The service will go live in 2028. It comes as Starlink’s owner, SpaceX, gears up for an IPO.
Iran strikes halt Qatar LNG output, shaking global energy markets
QatarEnergy said the attack hit its liquefied natural gas facilities at Ras Laffan Industrial City and Mesaieed Industrial City.
