Samsung crosses $1 trillion valuation as AI frenzy drives historic rally, lifting shares over 15%
The rally comes after the company reported an over eightfold increase in first-quarter operating profits last week.
CNBC Daily Open: ‘Project Freedom’ paused, tech rally unleashed
Within days of announcing “Project Freedom,” U.S. President Donald Trump has paused it, marking the latest twist in the Middle East conflict.
In the global AI race, a sanctioned Chinese firm says cheaper models can still win
As China’s AI competition intensifies, SenseTime is shifting toward multimodal AI, lower-cost models and overseas expansion to remain competitive, co-founder Lin Dahua said.
Oil prices fall more than 6% as U.S. and Iran appear close to deal to end war
Oil prices fell sharply after Axios reported that the U.S. and Iran were closing in on an agreement to bring an end to the conflict.
South Korea’s Kospi tops 7,000 to hit a new high as heavyweight Samsung surges 15%
Signaling diplomatic efforts for resolving the Middle East crisis were on track, Trump said the U.S. bid to guide ships out of Strait of Hormuz had been paused.
Aluminum prices are surging. Here’s how companies are handling the costs
Aluminum’s surge since the start of the Iran war is creating cost pressures for some of America’s largest companies.
FDA withdrew studies finding Covid and shingles vaccines were safe
The studies were “withdrawn because the authors drew broad conclusions that were not supported by the underlying data,” the spokesperson told CNBC.
AMD’s stock soars 16% as data center growth pushes revenue and guidance past estimates
AMD’s earnings report lands as investors rush into the stock on optimism that the AI boom is just getting started.
Frontier Airlines forecasts revenue boost from Spirit collapse
Frontier Airlines said it expects a revenue boost in the wake of Spirit’s collapse.
Intel and Micron are poised to break major milestones
Options traders can’t get enough of semiconductor stocks.
