Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Trump’s Iran deal delivers key gains for Tehran, testing Washington’s red lines
The deal sees both sides commit to further talks to reach a final agreement over the next 60 days and includes a $300 billion plan for Iran’s reconstruction.
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‘No poaching’ our people, China’s AI behemoth DeepSeek reportedly tells investors
The unusual precondition underscores how the contest among Chinese tech giants to build advanced AI has tipped into open competition for engineers.
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Hegseth warns NATO allies that some nations will ‘fail’ U.S. defense review
The U.S. defense secretary also said it was “shameful” that European allies refused to give U.S. forces access to bases to strike Iran.
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Trump-Modi bromance back on display in meeting on sidelines of G7
U.S. President Donald Trump pledged to defend India, but only if Narendra Modi is the leader.
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Intel rises 9% after Trump says company will partner with Apple on U.S. chip design
The boost continues Intel’s recent rally as the chipmaker bounces back from years of headwinds.
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SpaceX shares hold steady after three-day rally loses steam
Investor bullishness showed signs of waning on Wednesday, as shares sank 5%.
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Strait of Hormuz reopening may take weeks to ease shipping backlog and oil pressure
The Strait of Hormuz is set to reopen after Iran and the U.S. sign a peace deal, but experts warn backlogs and security checks could delay normal shipping.
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CNBC Daily Open: Losing the dot plot
Kevin Warsh made a splash at his debut meeting as Federal Reserve chairman, as a more hawkish stance spooks both stocks and bond markets.
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China to return as a major oil buyer in August, JPMorgan says, naming its top stock picks
The pullback in oil imports by the world’s largest oil importer has helped absorb the global energy shock and cap the surge in oil prices since the war began.
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Why Wall Street banks and foreign borrowers are rushing to tap China’s cheap money
Foreign governments, Wall Street banks and multinational companies are flocking to China’s panda bond market.
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