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Asia-Pacific markets gave up early gains as reports surfaced about the U.S. intercepting Iranian oil tankers in Asian waters, raising concerns about ongoing geopolitical tensions. The S&P and Nasdaq had recently closed at record highs, buoyed by a ceasefire extension in Iran, but sentiment turned as ServiceNow's stock dropped 14% due to subscription revenue impacts from the conflict. Meanwhile, Lululemon announced former Nike executive Heidi O'Neill as its new CEO, and Rivian celebrated a production milestone for its R2 electric vehicle.
Latest Market Updates
| Title | Published |
|---|---|
Roche CEO laments Swiss franc strength, continues U.S. investment Roche CEO laments Swiss franc strength, continues U.S. investment | less than a minute ago |
Markets cheer ceasefire â but hostilities continue Markets cheer ceasefire â but hostilities continue | less than a minute ago |
Microsoft looked at buying Cursor before SpaceX deal, sources say Microsoft looked at buying Cursor before SpaceX deal, sources say | less than a minute ago |
Japanese carmakers deepen their hold in the world's third largest market Japanese carmakers deepen their hold in the world's third largest market | less than a minute ago |
Meta is tracking employee keystrokes on Google, LinkedIn, Wikipedia for AI training Meta is tracking employee keystrokes on Google, LinkedIn, Wikipedia for AI training | less than a minute ago |
Thursday's big stock stories: Whatâs likely to move the market in the next trading session Thursday's big stock stories: Whatâs likely to move the market in the next trading session | less than a minute ago |
Cramer's lightning round: Buy Arm Cramer's lightning round: Buy Arm | less than a minute ago |
Roche CEO laments Swiss franc strength, continues U.S. investment
Roche CEO laments Swiss franc strength, continues U.S. investment
Markets cheer ceasefire â but hostilities continue
Markets cheer ceasefire â but hostilities continue
Microsoft looked at buying Cursor before SpaceX deal, sources say
Microsoft looked at buying Cursor before SpaceX deal, sources say
Japanese carmakers deepen their hold in the world's third largest market
Japanese carmakers deepen their hold in the world's third largest market
Meta is tracking employee keystrokes on Google, LinkedIn, Wikipedia for AI training
Meta is tracking employee keystrokes on Google, LinkedIn, Wikipedia for AI training
Thursday's big stock stories: Whatâs likely to move the market in the next trading session
Thursday's big stock stories: Whatâs likely to move the market in the next trading session
Cramer's lightning round: Buy Arm
Cramer's lightning round: Buy Arm