10-year Treasury yield nears 4.5% again after strong jobs data, rise in oil
U.S. Treasury yields increased Wednesday as traders await new economic data amid ongoing Middle East tensions.
Tesla’s China-made EV sales jump nearly 40% in May as domestic market rebounds
Sales of Tesla’s China-made electric vehicles rose by nearly 40% in May amid a broader recovery in the country’s competitive market.
Novo Nordisk rolls out Wegovy pill in the UAE — testing appetite outside the U.S. with first global launch
Novo is “all in” on launching the Wegovy pill in overseas markets, and it sees it as a “major opportunity.”
Alphabet’s $80 billion stock sale leaves Wall Street in ‘unprecedented territory,’ says Goldman’s Gutman
Goldman Sachs is acting as a joint book-running manager for Alphabet’s underwritten offerings.
OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects
The OECD has cut its global growth outlook, warning of lasting damage caused by the Middle East conflict.
OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects
The OECD has cut its global growth outlook, warning of lasting damage caused by the Middle East conflict.
European shares head for negative open as White House proposes fresh tariffs on EU
European futures data pointed to a broadly negative open for shares listed in the region on Wednesday.
Dulux owner Akzo Nobel closes 17% lower after takeover talks collapse; European stocks fall
Investors are also monitoring developments in the U.S.-Iran war after tensions escalated overnight.
DeepSeek slated to draw $7 billion in maiden fundraising, sources say
Chinese AI startup DeepSeek is set to raise about 50 billion yuan ($7.4 billion) in its first funding round, people with knowledge of the matter said.
CNBC Daily Open: Records upon records for major markets
Wall Street marks another round of fresh record highs, but will new trade tensions and deadlock over Iran start to take the shine off the AI trade?
