Market News

Latest financial news from across the markets

Daily Market Overview

The stock market is experiencing a positive momentum, with the S&P 500 nearing record highs as optimism grows around potential U.S.-Iran peace talks, which have also contributed to a decline in oil prices. European shares have hit a one-month high, buoyed by gains in the tech sector. Meanwhile, inflation continues to weigh on American consumers, with many feeling financial stress amid rising prices. In the tech space, companies like Huawei are ramping up competition with new smartphone chips as the rivalry with Nvidia and Apple intensifies.

Latest Market Updates

Hedge funds 'doubling down' on AI are fleeing software stocks: Goldman

Hedge funds 'doubling down' on AI are fleeing software stocks: Goldman

less than a minute ago

Delivery Hero shares rise 10% as rival Uber mulls another takeover bid

Delivery Hero shares rise 10% as rival Uber mulls another takeover bid

less than a minute ago

Iran is in the 'process of blinking' over the Strait of Hormuz, Petraeus says

Iran is in the 'process of blinking' over the Strait of Hormuz, Petraeus says

less than a minute ago

Huawei plans new smartphone chips this fall as rivalry with Nvidia and Apple heats up

Huawei plans new smartphone chips this fall as rivalry with Nvidia and Apple heats up

less than a minute ago

Singapore reports lower-than-expected inflation for April at 1.8%, revises economic growth higher

Singapore reports lower-than-expected inflation for April at 1.8%, revises economic growth higher

less than a minute ago

Oil market at 'tank bottoms' in Asia, and Europe isn't far behind, warns market veteran Jeff Currie

Oil market at 'tank bottoms' in Asia, and Europe isn't far behind, warns market veteran Jeff Currie

less than a minute ago

CNBC Daily Open: Trump keeps the world guessing with mixed messaging on Iran deal

CNBC Daily Open: Trump keeps the world guessing with mixed messaging on Iran deal

less than a minute ago