Market News

Latest financial news from across the markets

Daily Market Overview

The markets are reacting to a mix of geopolitical tensions and corporate developments. South Korea's Kospi has pulled back from the 8,000 mark amid ongoing Trump-Xi discussions, while oil prices surged following reports of China agreeing to purchase U.S. crude. In the tech sector, Cisco's stock jumped after strong earnings driven by AI demand, and Cerebras' IPO has created new billionaires, highlighting the ongoing excitement around AI investments. Additionally, Gemini's shares soared after a significant investment from Winklevoss Capital, reflecting renewed interest in the cryptocurrency space.

Latest Market Updates

Defense stocks come under pressure, Citi reluctant to buy the dip

Defense stocks come under pressure, Citi reluctant to buy the dip

less than a minute ago

European stocks fall as inflation fears return

European stocks fall as inflation fears return

less than a minute ago

CNBC Daily Open: Trump-Xi summit delivers Wall Street boost

CNBC Daily Open: Trump-Xi summit delivers Wall Street boost

less than a minute ago

Closing arguments conclude in Musk v. Altman, jury to deliberate next week

Closing arguments conclude in Musk v. Altman, jury to deliberate next week

less than a minute ago

South Korea’s Kospi retreats from record high to drop over 6% as heavyweight tech names sell-off

South Korea’s Kospi retreats from record high to drop over 6% as heavyweight tech names sell-off

less than a minute ago

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

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

less than a minute ago

Cramer backs Nvidia selling chips in China — but says shares can thrive either way

Cramer backs Nvidia selling chips in China — but says shares can thrive either way

less than a minute ago