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Latest financial news from across the markets
Daily Market Overview
Markets are reacting to heightened tensions in the Middle East, particularly following recent U.S. airstrikes in Iran, which have driven oil prices higher amid fears of disruption in the Strait of Hormuz. The S&P 500 and Nasdaq have reached record highs, buoyed by optimism around AI stocks, while Micron and SK Hynix have joined the $1 trillion market cap club. In corporate news, Salesforce reported strong earnings but issued cautious guidance, and Zscaler's shares plummeted 31% after a sales shakeup. Meanwhile, LG Energy Solution's stock surged 16% following a significant U.S. battery storage deal.
Latest Market Updates
| Title | Published |
|---|---|
Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC | less than a minute ago |
CNBC Daily Open: Oil falls on Iran peace hopes â then U.S. launches airstrikes CNBC Daily Open: Oil falls on Iran peace hopes â then U.S. launches airstrikes | less than a minute ago |
Thursday's stock stories: Whatâs likely to move the market in the next session Thursday's stock stories: Whatâs likely to move the market in the next session | less than a minute ago |
Travel pivot: How the Iran conflict is fueling India's tourism boom Travel pivot: How the Iran conflict is fueling India's tourism boom | less than a minute ago |
Fedâs Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape' Fedâs Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape' | less than a minute ago |
Google employee made $1 million on Polymarket on insider info, feds say Google employee made $1 million on Polymarket on insider info, feds say | less than a minute ago |
Salesforce's beat fails to convince the market that software can survive AI Salesforce's beat fails to convince the market that software can survive AI | less than a minute ago |
Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC
Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC
CNBC Daily Open: Oil falls on Iran peace hopes â then U.S. launches airstrikes
CNBC Daily Open: Oil falls on Iran peace hopes â then U.S. launches airstrikes
Thursday's stock stories: Whatâs likely to move the market in the next session
Thursday's stock stories: Whatâs likely to move the market in the next session
Travel pivot: How the Iran conflict is fueling India's tourism boom
Travel pivot: How the Iran conflict is fueling India's tourism boom
Fedâs Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape'
Fedâs Kashkari tells CNBC that inflation fight takes priority as labor market is 'in decent shape'
Google employee made $1 million on Polymarket on insider info, feds say
Google employee made $1 million on Polymarket on insider info, feds say
Salesforce's beat fails to convince the market that software can survive AI
Salesforce's beat fails to convince the market that software can survive AI