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Latest financial news from across the markets
Daily Market Overview
Oil prices have eased as increased traffic in the Hormuz Strait has tempered the war premium amid ongoing tensions in the region. In tech, Amazon shares surged following strong earnings and a robust case for AI investments, while Apple saw a drop after concerns over a memory crunch. Meanwhile, shares of SK Hynix and Samsung soared as the AI rally gained momentum. On the economic front, U.S. Treasury yields fell, reflecting investor sentiment as they await fresh economic data.
Latest Market Updates
| Title | Published |
|---|---|
Iran targets U.S. assets in Kuwait after Egypt suffers first drone attack Iran targets U.S. assets in Kuwait after Egypt suffers first drone attack | less than a minute ago |
Korea's 'bipolar' stock market went from meltdown to record rally. Whatâs next? Korea's 'bipolar' stock market went from meltdown to record rally. Whatâs next? | less than a minute ago |
China's factory activity unexpectedly contracts in July on demand slump, typhoons China's factory activity unexpectedly contracts in July on demand slump, typhoons | less than a minute ago |
CNBC Daily Open: Potential Iran tariffs, data centers and tech comments CNBC Daily Open: Potential Iran tariffs, data centers and tech comments | less than a minute ago |
We're raising our Apple price target, seeing plenty of good despite memory crunch We're raising our Apple price target, seeing plenty of good despite memory crunch | less than a minute ago |
Tim Cook sees Apple's hybrid AI strategy as a 'competitive weapon' Tim Cook sees Apple's hybrid AI strategy as a 'competitive weapon' | less than a minute ago |
AWSâ outperformance gives Wall Street analysts confidence in Amazonâs AI strategy AWSâ outperformance gives Wall Street analysts confidence in Amazonâs AI strategy | 9 minutes ago |
Iran targets U.S. assets in Kuwait after Egypt suffers first drone attack
Iran targets U.S. assets in Kuwait after Egypt suffers first drone attack
Korea's 'bipolar' stock market went from meltdown to record rally. Whatâs next?
Korea's 'bipolar' stock market went from meltdown to record rally. Whatâs next?
China's factory activity unexpectedly contracts in July on demand slump, typhoons
China's factory activity unexpectedly contracts in July on demand slump, typhoons
CNBC Daily Open: Potential Iran tariffs, data centers and tech comments
CNBC Daily Open: Potential Iran tariffs, data centers and tech comments
We're raising our Apple price target, seeing plenty of good despite memory crunch
We're raising our Apple price target, seeing plenty of good despite memory crunch
Tim Cook sees Apple's hybrid AI strategy as a 'competitive weapon'
Tim Cook sees Apple's hybrid AI strategy as a 'competitive weapon'
AWSâ outperformance gives Wall Street analysts confidence in Amazonâs AI strategy
AWSâ outperformance gives Wall Street analysts confidence in Amazonâs AI strategy