Market News

Latest financial news from across the markets

Daily Market Overview

Wistron shares jumped following the opening of a Texas AI superchip plant aimed at supplying Nvidia, while Super Micro also saw a surge after disclosing new orders linked to SpaceX. In the broader market, stock futures remained steady as investors awaited upcoming earnings reports. Meanwhile, Nike announced plans to streamline its online distribution in China, and Goldman Sachs introduced a private markets platform for wealthy investors seeking new opportunities. Concerns over the ongoing US-Iran conflict continue to influence market sentiment, particularly in oil prices.

Latest Market Updates

CNBC Daily Open: Generic problems, AI valuations and earnings on tap

CNBC Daily Open: Generic problems, AI valuations and earnings on tap

less than a minute ago

Trump plans high generic-drug tariffs in 2028 to spur U.S. production

Trump plans high generic-drug tariffs in 2028 to spur U.S. production

less than a minute ago

CNBC Daily Open: AI race, potential tariffs and Iran conflict heat up

CNBC Daily Open: AI race, potential tariffs and Iran conflict heat up

less than a minute ago

Sony’s 'ironic' PlayStation disc decision threatens a $7 billion resale market

Sony’s 'ironic' PlayStation disc decision threatens a $7 billion resale market

less than a minute ago

Nike to cut off thousands of online distributors in China

Nike to cut off thousands of online distributors in China

less than a minute ago

Japan exports and imports in June grow at fastest pace since November 2022, beating estimates

Japan exports and imports in June grow at fastest pace since November 2022, beating estimates

less than a minute ago

Wall Street can wait: Why one U.S. biotech firm is listing in Hong Kong first

Wall Street can wait: Why one U.S. biotech firm is listing in Hong Kong first

less than a minute ago