European markets close lower as positive momentum falters; UniCredit down 4%
European markets opened lower Tuesday, as positive momentum over the past few days falters.
U.S. ignored evidence major U.K. bank was helping fund sanctioned Iranian groups, whistleblower says
Standard Chartered was previously punished with more than $1.7 billion in fines after violating sanctions on Iran and other blacklisted countries.
Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI
Emails circulated inside Nvidia show that Elon Musk was telling the chipmaker to prioritize shipments of GPUs to X and xAI ahead of Tesla.
Soccer star Mbappe reportedly set to receive bonus of at least $108 million in Real Madrid move
French soccer star Kylian Mbappe will reportedly receive a signing-on bonus of at least £85 million, or $108.4 million, over the next five years.
OPEC+ decision to increase oil supply is a ‘bearish surprise’ for the market, Goldman says
The OPEC+ decision to lay out a detailed plan to increase production puts downward pressure on Brent crude oil prices, Goldman said.
CNBC Daily Open: GameStop can’t stop, Dow drops
GameStop closed 21% higher after jumping more than 70%, as meme stock leader Keith Gill appeared to hold on to a massive position in the video game retailer.
China denies Zelenskyy’s claim that Beijing is trying to disrupt Ukraine’s peace summit
China has denied allegations by Ukraine’s president that Beijing is pressuring other countries not to attend an upcoming Ukraine peace summit in Switzerland.
Intel unveils new AI chips as it seeks to reclaim market share from Nvidia and AMD
U.S. chipmaker Intel on Tuesday announced new artificial intelligence chips for data centers, as it looks to take on rivals Nvidia and AMD.
Europeans may be about to elect their most right-wing parliament in history
Far-right, populist parties are set to see significant gains in this week’s election, as a rising tide of euroskepticism ripples through the European Union.
India stocks tumble 6%, leading Asia lower as election vote count signals close contest for Modi
Stock gauges in India came off record highs hit on Monday, with the Nifty 50 index falling 6%, while the Sensex shed over 7%.
