CNBC Daily Open: Positive day for U.S. and European markets amid Fed minutes and ECB developments
Traders think there’s a roughly 50% of the Fed cutting rates in June. They should start considering the possibility of higher interest rates, too.
European stocks end lower as investors parse Airbus, Renault earnings
European stocks finished lower on Thursday as investors parse through Airbus and Renault earnings.
Former South Korean president Yoon Suk Yeol gets life sentence over martial law attempt
The ruling, delivered by Seoul Central District Court judge Jee Kui-youn, was lighter than the death penalty prosecutors sought in January.
Airbus falls 6% after targeting only 870 deliveries this year as Boeing competition tightens
The sentiment around Airbus has turned markedly more sour since the beginning of the year.
Watch CNBC’s full interview with Microsoft President Brad Smith at the AI Impact Summit in India
Microsoft President Brad Smith told CNBC’s Arjun Kharpal that U.S. tech companies should “worry a little bit” about the subsidies their Chinese competitors receive from their government in the AI race. They were speaking at the sidelines of the AI Impa…
Saudi’s Humain invested $3 billion in xAI’s Series E funding round
The investment made Humain a “significant” minority shareholder, with its xAI holdings converted into SpaceX shares, it said.
CNBC Daily Open: Traders are betting for a rate cut — but a hike could be on the table
Traders think there’s a roughly 50% of the Fed cutting rates in June, according to the CME FedWatch tool. Perhaps they should start considering the possibility of higher interest rates, too.
Dow drops more than 260 points as private credit, Iran worries weigh on markets: Live updates
The three major averages fell on Thursday as investors eyed simmering tensions between the U.S. and Iran.
South Korea’s Kospi jumps to record high as regional rally tracks Wall Street gains
Asia-Pacific markets traded higher on Thursday, with several bourses in the region returning from the Lunar New Year holiday.
Anthropic is clashing with the Pentagon over AI use. Here’s what each side wants
Anthropic landed a $200 million Defense contract last year, as did AI rivals OpenAI, Google and xAI.
