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Latest financial news from across the markets

Daily Market Overview

Stock futures are on the rise, buoyed by a rebound in chipmakers, which has lifted the S&P 500. In the tech sector, Nvidia is gaining attention as its CEO declines to testify before the Senate on AI and China, while OpenAI prepares for a potential IPO. Meanwhile, GSK is in discussions to acquire Nuvalent for over $9 billion, highlighting ongoing consolidation in the pharmaceutical industry. Oil prices have shown slight increases as investors await clarity following recent geopolitical tensions in the Middle East.

Latest Market Updates

Electric vehicle giant BYD predicts 80% of China car sales will soon be electric

Electric vehicle giant BYD predicts 80% of China car sales will soon be electric

less than a minute ago

UK's GSK to acquire U.S. drugmaker Nuvalent for $10.6 billion

UK's GSK to acquire U.S. drugmaker Nuvalent for $10.6 billion

less than a minute ago

CNBC Daily Open: Tim Cook's last WWDC, tech IPOs and Middle East tensions

CNBC Daily Open: Tim Cook's last WWDC, tech IPOs and Middle East tensions

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Asia chip-linked shares recover after U.S. peers bounce back

Asia chip-linked shares recover after U.S. peers bounce back

less than a minute ago

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

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

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USDA Secretary Rollins calls Texas ag chief 'unserious' amid screwworm threat

USDA Secretary Rollins calls Texas ag chief 'unserious' amid screwworm threat

less than a minute ago

CNBC's The China Connection newsletter: Finding buyers for the humanoid robots

CNBC's The China Connection newsletter: Finding buyers for the humanoid robots

less than a minute ago