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Latest financial news from across the markets

Daily Market Overview

Asia-Pacific markets opened lower amid escalating tensions between the U.S. and Iran, following recent military clashes. Stock futures remained flat as traders awaited the April jobs report, while CoreWeave's stock dropped 10% due to weak revenue guidance. In contrast, software stocks showed signs of recovery, with Datadog soaring 31% on strong earnings. Meanwhile, McDonald's continued to expand in China, even as rising costs from the Iran conflict raised concerns about long-term demand.

Latest Market Updates

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French prosecutors escalate probe of Elon Musk and X to criminal investigation

less than a minute ago

Who shot first? Hormuz heats again as ceasefire and oil markets in peril

Who shot first? Hormuz heats again as ceasefire and oil markets in peril

about 2 hours ago

Why pension funds are doubling down on private credit despite deepening cracks

Why pension funds are doubling down on private credit despite deepening cracks

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Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths

Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths

about 2 hours ago

Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire

Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire

about 2 hours ago

Asia-Pacific markets fall as renewed U.S.-Iran clashes keep investors on edge

Asia-Pacific markets fall as renewed U.S.-Iran clashes keep investors on edge

about 2 hours ago

Stock futures are flat as traders monitor U.S.-Iran developments; April jobs report looms

Stock futures are flat as traders monitor U.S.-Iran developments; April jobs report looms

about 2 hours ago