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Global markets are reacting to heightened tensions in the Strait of Hormuz, with oil prices jumping amid renewed U.S.-Iran hostilities. European stocks are edging lower as investors weigh the potential impact of tariffs threatened by Trump against the EU. In tech, Datadog's shares soared 31% following strong earnings, while Cloudflare's stock dropped 18% after announcing significant layoffs. Meanwhile, optimism around AI partnerships continues, with Nvidia's CEO highlighting a collaboration aimed at revitalizing American manufacturing.
Latest Market Updates
| Title | Published |
|---|---|
Treasury yields edge lower as traders await key jobs data Treasury yields edge lower as traders await key jobs data | less than a minute ago |
CNBC Daily Open: Leadership challenge swirls around Starmer CNBC Daily Open: Leadership challenge swirls around Starmer | less than a minute ago |
From TACO to NACHO: Traders coin new acronym for prolonged Hormuz crisis From TACO to NACHO: Traders coin new acronym for prolonged Hormuz crisis | 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 | less than a minute 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 | less than a minute ago |
Stocks making the biggest moves premarket: Cloudflare, Akamai Technologies, JFrog, Trade Desk & more Stocks making the biggest moves premarket: Cloudflare, Akamai Technologies, JFrog, Trade Desk & more | 3 minutes ago |
States crack down on tax break for wealthy investors States crack down on tax break for wealthy investors | 17 minutes ago |
Treasury yields edge lower as traders await key jobs data
Treasury yields edge lower as traders await key jobs data
CNBC Daily Open: Leadership challenge swirls around Starmer
CNBC Daily Open: Leadership challenge swirls around Starmer
From TACO to NACHO: Traders coin new acronym for prolonged Hormuz crisis
From TACO to NACHO: Traders coin new acronym for prolonged Hormuz crisis
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
Why pension funds are doubling down on private credit despite deepening cracks
Why pension funds are doubling down on private credit despite deepening cracks
Stocks making the biggest moves premarket: Cloudflare, Akamai Technologies, JFrog, Trade Desk & more
Stocks making the biggest moves premarket: Cloudflare, Akamai Technologies, JFrog, Trade Desk & more
States crack down on tax break for wealthy investors
States crack down on tax break for wealthy investors