European defense stocks jump 1% as world leaders meet for NATO summit
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CNBC Daily Open: Investors bet the fragile ceasefire would hold
Trump’s admonishments to Israel and Iran seemed to work. There is now a fragile armistice between the two countries. Oil prices fell. And so it goes.
Asia-Pacific markets open higher as investors weigh Fed comments, Israel-Iran ceasefire
Investors will be keeping an eye on Australia’s inflation data for May.
Asia-Pacific markets trade mixed as investors weigh Fed comments, Israel-Iran ceasefire
Federal Reserve Chair Jerome Powell said Tuesday the Fed was committed to keeping inflation in check.
CEO says AeroVironment has ‘many pieces of the puzzle' for ’Golden Dome' defense system
AeroVironment CEO Wahid Nawabi told CNBC’s Jim Cramer the company has capabilities that could help create the “Golden Dome” missile defense…
Sam Altman calls Iyo lawsuit silly' after OpenAI scrubs Jony Ive deal from website
OpenAI CEO Sam Altman responded on X to a lawsuit from startup Iyo, which is claiming trademark infringement.
Bitcoin price rises as Israel-Iran ceasefire begins, and Senate unveils major crypto bill
Bitcoin rose in trading on Tuesday after Israel and Iran ceasefire, as senators introduced a major crypto bill, and bitcoin treasuries’ boom continues.
FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year.
Carnival shares pop on earnings beat and raised full-year outlook
Carnival shares climbed Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance.
Get whatever work you possibly can,' says Danielle DiMartino Booth, highlighting the need for workers to be adaptable in the fickle economy
In this latest episode of “The Bottom Line,” Danielle DiMartino Booth explains how companies and workers can stay afloat in this fickle economy.
Back-to-school spending persists despite economic pressure, consumer survey says
Families are not holding back on back-to-school spending this year, despite growing economic pressure, according to a new PwC consumer survey.
Ambarella shares soar 17% on report chip designer is exploring sale
The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.
Ambarella shares soar 19% on report chip designer is exploring sale
The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.
Ambarella shares soar more than 20% on report chip designer is exploring sale
The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.
Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan
The sales are the first stop in Huang’s plan adopted in March to sell as many as 600,000 shares of the AI company through the end of the year.
Judge rules Anthropic did not violate authors' copyrights with AI book training
The decision is a major win for AI companies as legal battles play out over the use and application of copyrighted works in LLMs
Trump Slams "Dumb" Fed Chair As Powell Shrugs Off Dovish Colleagues, Reiterates "No Rush" To Cut
In his prepared remarks ahead of this morning's Humphrey-Hawkins testimony to Congress, Fed Chair Po
Home price hikes are slowing more than expected
Home prices are starting to weaken due to higher mortgage rates, more supply on the market and waning demand from homebuyers concerned about the economy.
Senate version of Trump's budget bill would raise the debt ceiling by $5 trillion—what it could mean for your wallet
Senate Republicans back a $5 trillion debt ceiling increase — the largest ever — but experts say its unlikely to raise borrowing costs in the short term.
McDonald's and Krispy Kreme will end doughnut partnership next month
Krispy Kreme and McDonald’s are ending their collaboration for good, saying the deal was not profitable for the doughnut chain.