Daikin shares jump 14% after activist investor Elliott pushes for reforms
Daikin shares surged as much as 13.9% after activist investor Elliott urged the company to boost margins and shareholder returns.
CNBC Daily Open: Wall Street buys Trump’s assurances on Iran war ending soon
Booming indexes don’t erase the impact of the war, with the World Bank warning that conflict-related disruptions could last for months.
Inside India newsletter: Small towns are powering e-commerce’s fastest-growing market, dominated by Amazon, Walmart unit
Small towns are fueling India’s e‑commerce surge, with Amazon and Flipkart chasing new shoppers, faster delivery and rising aspirational demand.
Japan’s Nikkei 225 hits record high as hopes for U.S.-Iran deal fuel broader rally in Asia stocks
Asia markets opened higher, with Nikkei at an all-time high after Wall Street hit record levels on growing expectations of a U.S.-Iran deal to end the war.
The public sours on AI and data centers as Anthropic, OpenAI look to IPO and tech keeps spending
Negativity around AI could be a drag on OpenAI and Anthropic as the startups look to go public, and will likely be a major issue in the midterm elections.
S&P 500 posts new record close, Nasdaq notches longest win streak since 2009: Live updates
The S&P 500 and the Nasdaq Composite climbed to new records as traders shook off worries about the Middle East conflict.
As foreign investment slows, India’s wealth is filling the startup funding gap
A wave of newly institutionalized family wealth and a $1.5 trillion inter‑generational transfer are steering more capital into private markets—especially startups. With foreign venture capital becoming more selective, India’s heirs, first‑generation fo…
Treasury Secretary Scott Bessent is preparing banks to collect citizenship data
Treasury Secretary Scott Bessent says the Trump administration expects banks to comply in collecting citizenship information from customers.
Oil tanker jam in Strait of Hormuz is straining U.S.-China relations, says Asia expert David Riedel
David Riedel, Riedel Research, joins ‘Fast Money’ to talk the impact of the Iran war on relations between the U.S. and China ahead of Pres. Trump traveling to the country.
Lumen Technology’s high-stakes fiber bet nearly bankrupted it. Now, it’s powering its AI future
AI’s voracious demand for computing power is putting Lumen Technologies in a sweet spot. The one-time penny stock could soar as data use surges.
