Market News

Trump says U.S. is not forcing Iran to negotiate after fresh round of strikes

U.S. forces completed another wave of strikes against Iran on Tuesday stateside, hitting multiple Islamic Revolutionary Guard Corps sites across the country.

China's Xi keeps Iranian president at arm's length weeks ahead of Trump summit

China's Xi gave Iran's Pezeshkian a brief, low-profile audience at the SCO summit, as Beijing seeks to avoid appearing close to Tehran ahead of a high-stakes summit with Trump.

Palo Alto CEO says $1 trillion of cybersecurity infrastructure isn’t ready for AI

Palo Alto CEO Nikesh Arora said AI is forcing companies to modernize roughly $1 trillion of aging cybersecurity infrastructure that isn’t equipped for attacks.

China dissented from G20 statement opposing 'cheap exports' flooding market, Bessent says

Bessent is leading the Trump administration's plan to choke off Iran's economy by threatening its business partners with secondary sanctions.

Canada's Carney slaps Trump admin for 'doing memes ... throwing shade'

Canadian Prime Minister Mark Carney said "It's beneath their office' when asked about Trump Cabinet secretaries insulting his nation's military.

Japanese green tea giant Ito En surges 8%, defying a broad market sell-off

Ito En shares surged, bucking a broader sell-off in Japanese stocks following its fiscal first-quarter results.

Dell surges 9% after lifting fiscal 2027 forecast on AI server strength

Dell sees AI server revenue tripling in fiscal 2027. Six months ago, it was looking for the number to double.

U.S. House votes to avoid government shutdown amid GOP hard-liner resistance

The U.S. House on Tuesday voted in favor of a short-term spending measure that would avoid a government shutdown until after November's midterm election.

Australia posts second-quarter growth of 2.1%, beating expectations

The GDP print will allow the Reserve Bank of Australia room to go ahead with its policy tightening as it seeks to curb inflation.

Used cars under $20,000 tend to sell quickly — but there are trade-offs for buyers

The share of used cars listed at under $20,000 has dropped from pre-pandemic levels against a backdrop of high inflation.

Hugging Face's new duck robot is selling fast. A Chinese chip powers it

The colorful "Microduck" robot from HuggingFace's French subsidiary Pollen Robotics has sold more than 10,000 units since launching on Thursday.

Global bond yields soar to multi-decade highs as Middle East turmoil reignites inflation fears

Bond yields surged across major markets Tuesday as U.S.-Iran hostilities revived energy and inflation risks, with Japan and U.K. yields at multi-decade highs.

Apple enters John Ternus era as AI challenges and memory crunch intensify

John Ternus' first day as Apple CEO comes at a critical juncture for the iPhone maker, with memory prices soaring and AI challenges looming.

Palo Alto Networks beats quarterly estimates on AI demand, continues acquisition spree

Palo Alto Networks' stock has nearly doubled this year as AI boosts demand for security detection and response tools

House adopts measure condemning socialism ahead of November election

Republicans also inserted a call to pass the highly controversial voter-ID bill known as the SAVE America Act into the socialism resolution.

Stan Kroenke agrees to buy MLB's Angels, valuing team and regional network at $4 billion

Kroenke Sports and Entertainment was valued at more than $26 billion in CNBC's most recent list of the world's most valuable sports empires.

Looking for evidence that Meta's AI investments are paying off? Here are 2 ways

Meta Platforms has become a battleground stock.

OpenAI says Astra AI model is its first that crosses 'Critical' cybersecurity capability

OpenAI said it will make Astra available "soon," but access to its cybersecurity capabilities will be limited.

GoPro joins AI bonanza with pivot into data centers as shares skyrocket 40%

Action camera maker GoPro is merging with private photonics company Starman Optical and joining the AI wave.

Pa. Gov. Shapiro says too many data center developers 'don't care about our communities'

A Gallup survey released in May found that "seven in 10 Americans oppose constructing data centers for artificial intelligence in their local area."

AI token prices are hitting new record lows

A closely followed measure of artificial intelligence token prices touched fresh lows.

Anthropic changes data retention policy after pushback from customers

Anthropic's Enterprise Frontier Safeguards are a response to customer feedback.

10-year yield hits highest since January 2025 as higher oil prices stoke inflation worries

Treasury yields increased on Tuesday as investors monitored a reignition of tensions in the Middle East.

Prediction market traders think job creation rebounded in August

Traders see 50-50 odds that the U.S. economy added more than 50,000 jobs last month.

Crypto enters September with legislative policy gamble hanging by a thread

Comprehensive industry legislation teeters on the brink amid growing doubts the bill will cross the finish line.

Fed Governor Barr says he'll support rate hike if inflation doesn't ease

The policymaker said he's concerned about "broader price pressures taking hold" as inflation has prevailed above the Fed's 2% target.

Softbank's SB Energy files for IPO, says it's 'substantially dependent' on OpenAI

SB Energy hasn't generated any revenue from its data center business, and none of its data centers are operational yet.

Waymo and Zoox expand into more U.S. markets as robotaxi race heats up

Waymo is bringing driverless rides to three more cities, and Amazon plans to start testing in two additional U.S. markets.

Toyota's hybrid RAV4 is in demand as dealers wait for more supply

When Toyota announced the new version of its SUV, it said the RAV4 would only be available as a hybrid and that production would be limited at first.

Trump says U.S. growth could hit 20%. It’s happened only once since WWII

Trump argued rapid growth should not prompt Fed rate hikes, even as inflation remains above the central bank’s 2% target.

Asian gold stocks slide as bullion falls, Sumitomo Metal Mining drops 11%

Taiwan stocks lower at close of trade; Taiwan Weighted down 1.55%

Why is Contemporary Amperex Technology stock sliding today?

Why is Cathay Pacific Airways stock down today?

Why is NIO stock sliding today?

Why is Seres stock sliding today?

CATL falls to 6-month low after Hungary plant halted over worker nickel exposure

Nikkei 225 teeters above 61.8% Fib support: Live levels

SK Hynix coils at ₩1,616,000 in no-trade zone: Live levels

Australia 10-Year Yields surge to a 15-year high, here’s why

Dell’s AI servers drive a stellar earnings performance, and a raised outlook

The company’s backlog has reached $95 billion as demand accelerates for its AI servers

Palo Alto Networks’ stock falls despite strong AI cybersecurity demand

Enterprise cyber threats and AI adoption are giving Palo Alto Networks ‘durable tailwinds,’ according to CEO Nikesh Arora, but the stock retreated after an earnings beat

‘I’m leaving money on the table’: I’m 64 and my husband is 70. Should I take spousal benefits or wait for my own?

“I paid a significant amount into Social Security.”

‘It’s not fair’: My twin brother and I were left houses by our parents. Can I make him pay his share for taxes and upkeep?

“I am frustrated and financially exhausted from continuing to invest my own money into these properties.”

Dow drops below a key chart level, warning of more trouble ahead

The index last closed below its 50-day moving average on April 10, which marked the end of a correction phase that included a 5,000-point drop at its low point.

Which workers are using AI surprisingly often? Dry cleaners and construction workers.

The adoption of artificial intelligence at work has been widespread, but more “shallow” than expected — for now.

This could be the 10-year Treasury’s tipping point into the danger zone

An unrelenting rout has global bond yields touching their highest levels since 2008, driving up borrowing costs for households, businesses and world governments.

Global oil prices surge to a 6-week high after the U.S. strikes Iran in Hormuz

Oil prices on Tuesday settled at their highest levels in nearly six weeks, after the U.S. military said it struck Iranian targets in the Strait of Hormuz in response to Tehran’s overnight attacks on ships transiting the vital waterway.

How these homeowners pulled off buying a house in their early 20s

Despite typical first-time buyers navigating a challenging housing market in recent history, a growing number of young adults have been able to become homeowners.

‘I feel shoehorned’: My father funded my $800,000 Roth IRA. Does that give him the right to say how I invest it?

“His argument is essentially that, since my parents provided the money for the Roth, they have a say in how I invest it.”

Russia secretly helping Iran develop supersonic cruise missiles

Leaks reveal programme behind one of the most significant known transfers of military technology from Moscow to Tehran

The Takaichi revolution

The prime minister’s style is clashing with Japan’s traditions — and the bond market

The wheels are coming off the US world order

Trump believes in a world in which there are no allies, only satellites, and in which power is America’s alone to wield

China’s real robot revolution is not about humanoids

The country is using its superpower of scaling and building supply chains to challenge the global industry

US launches further strikes on Iran as conflict flares up

Escalation pushes oil prices higher and sends Treasury yields to day’s highs as investors fret over new bout of inflation

China derails consensus on communiqué after US-hosted G20

Beijing objects to language calling for elimination of ‘non-market’ policies to curb trade imbalances

Tim Cook handed $47mn pay deal as Apple’s executive chair

Package signals big role for former CEO as his successor John Ternus gets $58mn

EU accelerates plans to break up diplomatic service

France and Germany drive push for reform as pressure mounts on Brussels to find budget savings

Stocks Sink in Broad AI Rout Sparked by China's DeepSeek

U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.

Comex Gold, Silver Settle Lower

Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.