Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Stocks making the biggest moves premarket: SK Hynix, Micron, MGM Resorts & more
These are the stocks posting the largest moves premarket.
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Hoka’s parent stock has lagged the broader market. Jefferies sees strong gains ahead
The investment firm upgraded the stock to buy from hold.
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India’s inflation accelerates to 4.38% in June, exceeding forecasts
Inflation has risen for the eighth straight month in India, as food and energy prices rise due to the Iran war and deficient rainfall.
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Chinese EV makers are outpacing U.S. automakers in overseas investments
China has a saturated domestic market, which has led Chinese companies to look elsewhere to sell electric vehicles.
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Meta’s Louisiana data center investment to reach $50 billion, aided by generous tax incentives
Meta said the planned Hyperion data center supercluster in Richland Parish, Louisiana, will be a 5GW facility and cost over $50 billion.
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Treasury yields muted as U.S.-Iran ceasefire strained; investors await core inflation data
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was broadly unchanged at 4.473%.
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Europe’s Anduril rival Helsing raises $1.8 billion at $18 billion valuation
Helsing said “investor demand significantly exceeded the available allocation” for its $1.8 billion funding round.
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U.S. and Iran exchange strikes as Strait of Hormuz standoff escalates
Iran responded to a fresh wave of strikes by U.S. forces by launching an attack on American military bases in several Gulf states.
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CNBC Daily Open: Chips ahoy, no Strait answer and earnings on deck
Sharp declines for South Korea’s SK Hynix spook markets in Asia and weigh on futures for Europe and the U.S.
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TSMC, the world’s largest contract chipmaker, reports 68% surge in June revenue
Ahead of its second-quarter earnings, TSMC reported its June and first-half revenue for 2026.
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