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
| Title | Published |
|---|---|
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 |
Hedge funds 'doubling down' on AI are fleeing software stocks: Goldman
Hedge funds 'doubling down' on AI are fleeing software stocks: Goldman
Delivery Hero shares rise 10% as rival Uber mulls another takeover bid
Delivery Hero shares rise 10% as rival Uber mulls another takeover bid
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
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
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
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
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