Market News

Latest financial news from across the markets

Daily Market Overview

The market is reacting to a surge in diesel prices, which have reached a record high of $6 per gallon, driven by ongoing conflicts in Ukraine and Iran. Oil prices are also on the rise, surpassing $100 for the first time in nearly four months, adding pressure to inflation concerns. In tech, Oracle's stock jumped 7% following a strong earnings report, while Samsung took a jab at Apple for its late entry into the foldable smartphone market. Meanwhile, the ECB's recent rate hike reflects growing anxieties over energy prices and inflation across the euro area.

Latest Market Updates

Stocks making the biggest moves premarket: GameStop, Oracle, Adobe, RH & more

Stocks making the biggest moves premarket: GameStop, Oracle, Adobe, RH & more

less than a minute ago

Oracle jumps 6% after reporting 30% revenue growth fueled by AI cloud demand

Oracle jumps 6% after reporting 30% revenue growth fueled by AI cloud demand

less than a minute ago

Trump dismisses AI extinction risks amid warnings from OpenAI, Anthropic insiders

Trump dismisses AI extinction risks amid warnings from OpenAI, Anthropic insiders

less than a minute ago

Diesel hits record high of $6 as Ukraine and Iran wars ripple through economy

Diesel hits record high of $6 as Ukraine and Iran wars ripple through economy

less than a minute ago

CNBC Daily Open: Two market forces battle for dominance

CNBC Daily Open: Two market forces battle for dominance

less than a minute ago

Wealthy investors are pouring billions into this new tax strategy despite risks

Wealthy investors are pouring billions into this new tax strategy despite risks

11 minutes ago

Here are Friday's biggest analyst calls: Nvidia, SpaceX, Tesla, Palantir, Shopify, Oracle & more

Here are Friday's biggest analyst calls: Nvidia, SpaceX, Tesla, Palantir, Shopify, Oracle & more

32 minutes ago