Market News

Latest financial news from across the markets

Daily Market Overview

Markets are reacting to a mix of geopolitical tensions and corporate earnings as the UAE's exit from OPEC raises questions about the oil cartel's future. Oil prices have seen a nearly 3% increase amid concerns over disruptions in the Strait of Hormuz. Meanwhile, U.S. airlines are hiking fares, yet demand remains strong despite rising costs. In corporate news, Starbucks has raised its full-year outlook following a successful quarter, while concerns over AI stocks have led to notable sell-offs in tech shares.

Latest Market Updates

Oaktree-owned Pure DC pauses investment decisions in Middle East AI data centers

Oaktree-owned Pure DC pauses investment decisions in Middle East AI data centers

less than a minute ago

UAE's departure from the OPEC oil cartel is not without precedence. Who could be next?

UAE's departure from the OPEC oil cartel is not without precedence. Who could be next?

less than a minute ago

CNBC Daily Open: Oil takes another hit, but chips steal the spotlight

CNBC Daily Open: Oil takes another hit, but chips steal the spotlight

less than a minute ago

Can AI outperform doctors? Experts weigh the pros and cons

Can AI outperform doctors? Experts weigh the pros and cons

less than a minute ago

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

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

less than a minute ago

We're raising our price target on Starbucks after a robust beat-and-raise quarter

We're raising our price target on Starbucks after a robust beat-and-raise quarter

less than a minute ago

Cramer's lightning round: 'I like Halliburton very much.'

Cramer's lightning round: 'I like Halliburton very much.'

less than a minute ago