CNBC Daily Open: Trump’s Iran deal is ‘days away’ — yet again
U.S. Energy Secretary Chris Wright said ship traffic through the Strait of Hormuz was “rising very meaningfully,” although he did not provide specific data.
Dow drops more than 900 points as chip sell-off worsens, Trump threatens more Iran attacks: Live updates
The major averages dropped Wednesday after Trump pledged more Iran attacks, saying that “we’re going to be attacking them very hard.”
Kalshi trading in ‘perps’ crosses $1 billion in volume within a week of launch
A spokesperson for the company said that the product is the fastest growing in the prediction market platform’s history.
Stocks making the biggest moves midday: Apple, Micron Technology, Coherent, DraftKings, J.M. Smucker & more
Here are the companies making headlines in midday trading.
Anthropic releases Mythos-like AI model to the public two months after private rollout rocked Wall Street
Anthropic said the broad release is possible because of new safeguards that block responses in specific high-risk areas.
Energy Secretary Chris Wright says traffic in Strait of Hormuz is rising ‘very meaningfully’
Wright said that describing the volume of oil exports out of Hormuz as increasing is a “fair statement.”
36-year-old’s fitness company was ‘a week away’ from bankruptcy—now it’s valued at $10.1 billion
Whoop was born from founder and CEO Will Ahmed’s obsession with tracking his own fitness and recovery as a college athlete.
Trump family got about $500M from crypto venture — but investors saw steep losses
Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump family. The company’s shares are down 93%.
Vinted boss sees ‘fundamental’ shift in consumer patterns, as secondhand firm notches $9 billion valuation
Vinted is seeing a structural shift in consumer behaviour as habits form around the resale economy, its marketplace CEO told CNBC.
Rivian is betting on its R2 EV to turn the automaker into a household name like Tesla
The R2 SUV is meant to transform Rivian from a niche EV manufacturer that sells luxury vehicles into a more mainstream brand like U.S. EV leader Tesla.
