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Latest financial news from across the markets

Daily Market Overview

Markets are reacting cautiously amid rising tensions in the Middle East, particularly following U.S. strikes on Iranian targets, which have driven oil prices higher. In the tech sector, chip stocks have faced a sell-off after Samsung's disappointing earnings, while traders are betting on a potential rally for Nvidia. Jim Cramer highlighted both buying opportunities in retail and the need to sell Wendy's amid market volatility. Meanwhile, Netflix, Disney, and YouTube are vying for FIFA World Cup U.S. rights, potentially leading to a significant media rights deal.

Latest Market Updates

Apple begins testing CXMT chips for devices sold in China, FT says

Apple begins testing CXMT chips for devices sold in China, FT says

less than a minute ago

Lawmakers probe growing use of Chinese AI models in U.S. companies

Lawmakers probe growing use of Chinese AI models in U.S. companies

less than a minute ago

Wednesday's stock stories: What’s likely to move the market in the next session

Wednesday's stock stories: What’s likely to move the market in the next session

less than a minute ago

Cramer's lightning round: Sell Wendy's

Cramer's lightning round: Sell Wendy's

less than a minute ago

Jim Cramer sees a buying opportunity in this retail giant down nearly 18% from its high

Jim Cramer sees a buying opportunity in this retail giant down nearly 18% from its high

less than a minute ago

Kalshi traders see slim odds U.S. government will take stake in OpenAI this year

Kalshi traders see slim odds U.S. government will take stake in OpenAI this year

less than a minute ago

Jim Cramer says the market's reaction to Samsung may signal a shift in AI leadership

Jim Cramer says the market's reaction to Samsung may signal a shift in AI leadership

less than a minute ago