🦜 International: Top News And Analysis
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Oil shipments are under attack on multiple fronts as fighting escalates in Red Sea, Hormuz and Black Sea
https://www.cnbc.com/2026/07/24/oil-tanker-red-sea-hormuz-black-sea-iran-ukraine.html
Published: July 24, 2026 18:47
More than 60 commercial ships have been attacked in the Persian Gulf, Strait of Hormuz and Gulf of Oman since March 1.
Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others
https://www.cnbc.com/2026/07/24/moodys-ai-spending-credit-quality-amazon-meta-alphabet.html
Published: July 24, 2026 18:20
Moody's said AI spending is forcing even the world's most cash-rich corporations to lean heavily on debt, stock sales and off-balance-sheet moves.
Trump threatens EU with 'substantial TARIFF' for 'ROBBING' U.S. tech giants
https://www.cnbc.com/2026/07/24/trump-tariffs-eu-trade-google-apple-tech.html
Published: July 24, 2026 18:18
Trump's Truth Social post railed against the European Union's new fine on Google, and prior penalties against U.S. tech giants Apple, Meta and Amazon.
How a Chinese AI model stopped OpenAI’s ‘unprecedented’ cyber attack
https://www.cnbc.com/2026/07/24/chinese-ai-model-openai-cyber-attack.html
Published: July 24, 2026 11:00
The origin of the model Hugging Face used to combat the rogue AI is turning heads.
Oil prices ease but are set for 10% weekly gain as Trump mulls 'bigger than ever' attack on Iran
https://www.cnbc.com/2026/07/24/oil-price-trump-hormuz-red-sea-iran-war.html
Published: July 24, 2026 10:27
Oil prices dropped by around 3% on Friday, but remained on track for a weekly jump of 10% as the U.S.-Iran war continued to escalate.
Russian attack cuts power to around 150,000 in Ukraine’s north as Kyiv hits missile, oil facilities
https://www.cnbc.com/2026/07/24/russia-ukraine-war-zelenskyy-putin-oil.html
Published: July 24, 2026 10:07
The update comes as Ukrainian President Volodymyr Zelenskyy welcomed strikes on a key missile components facility in the Russian city of Kirov.
Trump considering a ‘massive attack’ on Iran as Tehran labels UK ‘accomplice’ to America
https://www.cnbc.com/2026/07/24/us-iran-war-trump-hormuz-houthis.html
Published: July 24, 2026 07:57
The president told Axios he was considering an operation "bigger than ever before."
South Korea's president invokes dramatic Japan realty crash to push domestic property agenda
https://www.cnbc.com/2026/07/24/south-korea-property-bubble-japan-lost-decades.html
Published: July 24, 2026 07:07
Lee was highlighting the country's excessive investment in real estate, and highlighted that Japan's housing market "burst like a balloon."
Volkswagen profits slump as it flags full-year revenue squeeze ahead of restructuring
https://www.cnbc.com/2026/07/24/volkswagen-earnings-autos-germany.html
Published: July 24, 2026 06:48
German auto giant Volkswagen on Friday reported weaker-than-expected second-quarter profit and revised down its sales forecast for 2026.
CNBC Daily Open: Nations reject Trump's 'arbitrary' tariffs
https://www.cnbc.com/2026/07/24/cnbc-daily-open-trumps-trade-tariffs-arbitrary.html
Published: July 24, 2026 06:12
There is an international backlash to President Trump's latest push to keep his tariff agenda alive, with his fresh move against American trading partners.
Pentagon lowers official Iran war death toll, omitting four killed this month
https://www.cnbc.com/2026/07/24/pentagon-removed-four-official-iran-war-death-toll.html
Published: July 24, 2026 06:09
The Pentagon lowered its official Iran war death toll to 14 from 18, removing four service members killed this month.
Trump's new global tariff draws rebukes from trade partners over forced-labor justification
https://www.cnbc.com/2026/07/24/trump-global-tariffs-trade-imbalance-forced-labor.html
Published: July 24, 2026 03:15
U.S. trading partners have rejected the forced-labor rationale behind Trump's new global tariffs, while most signaled plans to keep negotiating.
U.S., other nations back open-source AI with 'strong security' at China summit
https://www.cnbc.com/2026/07/24/china-ai-open-source-apec.html
Published: July 24, 2026 02:42
The APEC statement is the first to include open-source cooperation at a minister level, said Li Lecheng, China's industry and information technology minister.
U.S. to see higher generic drug prices thanks to tariffs, CEO of leading India pharma firm warns
https://www.cnbc.com/2026/07/24/us-to-see-higher-generic-drug-prices-on-tariffs-indian-pharma-ceo.html
Published: July 24, 2026 02:24
CEO of Indian pharma company Dr Reddy's has warned that Trump's proposed tariffs on generic drugs will make them more expensive for patients.
China's largest memory chipmaker sparks fears of a cash drain as it readies for public debut
https://www.cnbc.com/2026/07/24/cxmt-china-ipo-listing-chip-memory.html
Published: July 24, 2026 02:08
CXMT is stoking fears that its blockbuster stock market debut could pull cash from China's equities.
CNBC Daily Open: Brent crude is back at $100 — and Trump renews tariffs
https://www.cnbc.com/2026/07/24/cnbc-daily-open-brent-100-trump-renews-tariffs.html
Published: July 24, 2026 01:06
Houthi strikes on Saudi tankers pushed Brent past $100 and Treasury yields to an 18-month high, while an AI spending jitters punished Tesla and Alphabet.
Amazon cracks down on use of AI images by sellers after New York law
https://www.cnbc.com/2026/07/23/amazon-makes-sellers-label-ai-generated-people-in-images-after-ny-law.html
Published: July 24, 2026 00:36
A recently enacted New York law mandates that companies disclose when an ad includes a "synthetic performer" in place of a human actor.
Japan core inflation rate in June creeps up from 4-year low as higher oil prices bite
https://www.cnbc.com/2026/07/24/japan-cpi-june-inflation-oil-prices-yen.html
Published: July 24, 2026 00:23
This is the first rise in core inflation since March, and was in line with the1.6% growth expected by economists polled by Reuters.
Allianz to buy HSBC’s Singapore insurance unit for $2.09 billion
https://www.cnbc.com/2026/07/24/allianz-to-buy-hsbcs-singapore-insurance-unit-for-2billion.html
Published: July 24, 2026 00:18
Allianz to acquire Singapore insurance business from HSBC
Intel's turnaround under CEO Lip-Bu Tan gains steam with another strong quarter
https://www.cnbc.com/2026/07/23/intels-turnaround-under-ceo-lip-bu-tan-gains-steam-with-another-strong-quarter.html
Published: July 23, 2026 23:53
It's hard not to be impressed by Tan, who, in a little more than a year, has transformed the company.
Trump to slap 'sweeping' new tariffs on 60 trade partners as global duties expire
https://www.cnbc.com/2026/07/23/trump-tariffs-trade-deadline.html
Published: July 23, 2026 21:43
The Trump administration has ramped its tariff actions back up since the president's trade agenda suffered major legal setbacks earlier this year.
Intel's stock jumps 11% as chipmaker rides AI boom to fastest revenue growth in almost 15 years
https://www.cnbc.com/2026/07/23/intel-intc-earnings-report-q2-2026.html
Published: July 23, 2026 20:35
Intel rallied after the company reported blowout earnings and guidance.
Cerebras stock gains on AMD partnership
https://www.cnbc.com/2026/07/23/cerebras-stock-gains-on-amd-partnership.html
Published: July 23, 2026 18:42
Cerebras and AMD agreed to work together, pairing their technology for AI systems.
Congress splits on war powers resolutions to force Trump to abandon Iran war
https://www.cnbc.com/2026/07/23/congress-pushes-war-powers-resolutions-tells-trump-to-abandon-iran-war.html
Published: July 23, 2026 17:42
Trump would be nearly certain to veto any measure to curtail his ability to wage war with Iran.
Shortsighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil'
https://www.cnbc.com/2026/07/23/short-sighted-stock-market-can-no-longer-brush-off-war-investors-say.html
Published: July 23, 2026 16:56
After staying flat as the U.S.-Iran war heated up again, equities tumbled on Thursday after oil prices crossed $100 per barrel.
'The Odyssey' is cleaning up for IMAX. Expect the momentum to continue
https://www.cnbc.com/2026/07/23/the-odyssey-imax-ticket-sales-revenue.html
Published: July 23, 2026 15:32
Nolan's "The Odyssey" is racking up box office dollars for IMAX and fueling investor confidence that the company will reach a record ticket sales in 2026.
Google Cloud CEO Kurian says customers are spending 50% more as segment blows away expectations
https://www.cnbc.com/2026/07/23/google-cloud-kurian-revenue-earnings.html
Published: July 23, 2026 15:08
Google Cloud CEO Thomas Kurian told CNBC on Thursday that the company's existing customers are spending "roughly 50% more" than they've already committed.
Eli Lilly says it will file for approval of next-generation obesity drug in 2027 as it clears two more trials
https://www.cnbc.com/2026/07/23/eli-lilly-will-file-for-approval-of-retatrutide-obesity-drug-in-2027.html
Published: July 23, 2026 13:52
There are now positive results from five late-stage trials on retatrutide, which Lilly is positioning as the next pillar of its obesity portfolio.
Trump says Saudi nuclear deal contingent on relations with Israel, does not include enrichment
https://www.cnbc.com/2026/07/23/trump-saudi-arabia-nuclear-power.html
Published: July 23, 2026 13:00
The civilian nuclear cooperation agreement, signed Wednesday, will be sent to Congress for review, the Department of Energy said.
China's Geely to make EVs at Ford plant in Spain under new joint venture
https://www.cnbc.com/2026/07/23/ford-china-geely-ev-europe.html
Published: July 23, 2026 11:49
Ford and Geely plan for the joint venture will begin operations in the first half of 2027, with the first new vehicles scheduled to roll off the line in 2028.
Moonshot AI accessed Nvidia's chips despite Chinese export ban, White House official says
https://www.cnbc.com/2026/07/23/moonshot-kimi-nvidia-ai-chips-export-ban.html
Published: July 23, 2026 11:13
A White House official said Moonshot AI, which released the powerful Kimi K3 model last week, accessed Nvidia's GB300 chips in Thailand.
Ozempic face? Botox maker reports boost from 'sagging face' trend
https://www.cnbc.com/2026/07/23/botox-galderma-ozempic-face-glp1.html
Published: July 23, 2026 10:48
The aestetics company hope increased GLP-1 use will fuel demand for treatments addressing facial volume loss, sometimes dubbed "Ozempic face."
Google slapped with $1 billion fine under landmark EU digital law
https://www.cnbc.com/2026/07/23/google-1-billion-eu-fine-dma.html
Published: July 23, 2026 10:24
European regulators fined Google 890 million euros ($1 billion) alleging the company gives preferential treatment to its own services.
Russia’s Amazon-style retail giant Wildberries is now in Ukraine’s crosshairs. Here's why
https://www.cnbc.com/2026/07/23/ukraine-russia-war-wildberries-drones-amazon.html
Published: July 23, 2026 09:54
Ukraine has ratcheted up its attacks on Russia's Amazon-style retail giant Wildberries, signaling a new phase in the war.
Tesla and Alphabet shares slump in premarket trading as AI spending concerns spook investors
https://www.cnbc.com/2026/07/23/tesla-tsla-alphabet-googl-stock-today.html
Published: July 23, 2026 08:34
Both Tesla and Alphabet signaled higher spending as they invest in artificial intelligence.
Treasury yields follow oil prices higher as traders await latest jobs data
https://www.cnbc.com/2026/07/23/treasury-yields-oil-prices-jobless-claims.html
Published: July 23, 2026 08:27
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was up more than 1 basis point to 4.675%
Defense boom lifts European stocks amid strong earnings; Dassault pops 8%
https://www.cnbc.com/2026/07/23/dassault-thales-indra-stock-earnings-defense-boom.html
Published: July 23, 2026 07:58
The continent's defense upcycle translated into another quarter of higher revenue and swelling order books.
UniCredit CEO tells CNBC full acquisition of Commerzbank could happen in fourth quarter
https://www.cnbc.com/2026/07/23/unicredit-commerzbank-takeover-acquisition-2q-earnings.html
Published: July 23, 2026 07:50
UniCredit CEO Andrea Orcel told CNBC Thursday that the Italian bank could "potentially" acquire Commerzbank in the fourth quarter.
Houthis claim strikes on Saudi Arabian oil tankers in Red Sea as Iran conflict expands
https://www.cnbc.com/2026/07/23/iran-war-us-trump-houthis-red-sea-oil.html
Published: July 23, 2026 07:38
Yemen's Houthis said they had targeted two Saudi Arabian oil tankers with drones and missiles for allegedly violating its maritime blockade.
CNBC Daily Open: Spending shock disappoints Wall Street
https://www.cnbc.com/2026/07/23/cnbc-daily-open-alphabet-tesla-spending-ecb.html
Published: July 23, 2026 06:14
Massive spending increases from heavyweights Alphabet and Tesla keep investors on edge, sending shares lower during the U.S. session.
'Project Firepower': Inside Rheinmetall's gunpowder expansion as Europe races to replenish its ammunition
https://www.cnbc.com/2026/07/23/rheinmetall-gunpowder-ammunition-europe-rearm-ceo.html
Published: July 23, 2026 06:03
Scarcity of gunpowder is seen as a choke point for ramping up production of ammunition for militaries, and a barrier for Europe to ensure defense sovereignty
Hedge funds circle UK stocks as new PM Andy Burnham pledges 'new economic model'
https://www.cnbc.com/2026/07/23/andy-burnham-labour-hedge-funds-short-selling-uk.html
Published: July 23, 2026 05:06
Prime Minister Andy Burnham's overhaul of Britain's domestic policy could fuel a range of trading opportunities in U.K. stocks.
Silver and gold prices stage a cautious rebound — but analysts see slim hopes for a sustained rally
https://www.cnbc.com/2026/07/23/silver-gold-prices-rebound-rally-correction.html
Published: July 23, 2026 05:00
Precious metals have rallied in recent days, but analysts say prices could face a difficult path back to all-time highs achieved earlier this year.
Gen Z protests led by India’s 'Cockroach party' are testing Modi’s leadership
https://www.cnbc.com/2026/07/23/gen-z-protest-india-cockroach-modi-leadership.html
Published: July 23, 2026 04:02
Student protests organized by a pseudo-political outfit, Cockroach Janta Party, are gaining momentum as they challenge the political establishment.
Chip firm priced as China's most valuable company before its IPO brings scrutiny to crypto platform
https://www.cnbc.com/2026/07/23/chip-firm-priced-as-most-valuable-china-firm-pre-ipo-on-crypto-site.html
Published: July 23, 2026 03:28
The outsized premium was due in part to offshore investors who, locked out of the highly anticipated listings, turned to crypto for a parallel market.
Alphabet and Tesla test Wall Street's patience as AI spending overshadows growth
https://www.cnbc.com/2026/07/22/alphabet-tesla-test-investor-patience-ai-spending-overshadows-growth.html
Published: July 23, 2026 01:48
Shares of Alphabet and Tesla dipped after the companies reported massive spending increases in their quarterly earnings reports.
CNBC Daily Open: Trump ratchets up war rhetoric, Houthis target Red Sea
https://www.cnbc.com/2026/07/23/cnbc-daily-open-iran-trump-power-plants-bridges.html
Published: July 23, 2026 01:12
U.S. President Donald Trump escalated threats against Iran, saying he would bomb power plants and bridges in the country.
Oil prices climb after tanker struck off Saudi Arabia, Trump escalates Iran threats
https://www.cnbc.com/2026/07/23/oil-prices-today-wti-brent-trump-iran-hormuz.html
Published: July 23, 2026 00:55
Oil prices rose after U.S. President Donald Trump threatened to bomb Iranian infrastructure in response to any attacks on ships transiting the Strait of Hormuz.
Why we're sticking with Alphabet despite an imperfect quarter and more AI spending
https://www.cnbc.com/2026/07/22/why-were-sticking-with-alphabet-despite-an-imperfect-quarter-and-more-ai-spending.html
Published: July 23, 2026 00:23
The market isn't in a forgiving mood, but we're not in a hurry to leave this stock behind.
Inside India newsletter: Skyroot rocket puts India alongside U.S., China in private orbital launch
https://www.cnbc.com/2026/07/23/india-skyroot-rocket-us-china-spacex.html
Published: July 23, 2026 00:05
Indian startup Skyroot joins Chinese and American private companies in the race to launch satellites in low orbit.
ServiceNow CEO defends the company's relevancy, touting a kill switch for rogue AI agents
https://www.cnbc.com/2026/07/22/servicenow-ceo-kill-switch-rogue-ai.html
Published: July 22, 2026 22:56
ServiceNow CEO Bill McDermott said the company is becoming increasingly important as businesses deploy more autonomous AI agents.
U.S. signs nuclear power agreement with Saudi Arabia
https://www.cnbc.com/2026/07/22/trump-saudi-arabia-nuclear-power.html
Published: July 22, 2026 21:56
The agreement will provide U.S. companies with access to Saudi Arabia's nuclear energy program, the Department of Energy said.
Southwest Airlines profit jumps 9% as passengers pick up fuel tab, but third-quarter forecast falls short
https://www.cnbc.com/2026/07/22/southwest-airlines-luv-2q-2026-earnings.html
Published: July 22, 2026 20:29
Southwest Airlines reported a more than 9% increase in second-quarter profit as higher fares are increasingly helping the airline cover its fuel tab.
Tesla misses on earnings despite revenue beat, as free cash flow turns negative
https://www.cnbc.com/2026/07/22/tesla-tsla-q2-2026-earnings-report.html
Published: July 22, 2026 20:29
Tesla's earnings report lands in the midst of a slide in the company's stock price even as its core auto business is rebounding.
IBM lowers full-year forecast after earnings warning
https://www.cnbc.com/2026/07/22/ibm-q2-earnings-report-2026.html
Published: July 22, 2026 20:11
IBM is now looking to improve productivity with artificial intelligence, including with a new coding tool called Bob.
EU antitrust regulators clear Paramount-WBD merger as it faces challenge by U.S. states
https://www.cnbc.com/2026/07/22/european-commission-paramount-wbd-approval.html
Published: July 22, 2026 18:52
European regulators signed off on Paramount's proposed acquisition of Warner Bros. Discovery.
Amazon cuts some jobs in its artificial general intelligence unit
https://www.cnbc.com/2026/07/22/amazon-lays-off-some-employees-in-its-agi-unit.html
Published: July 22, 2026 17:26
Amazon's AGI unit has released a set of AI models, called Nova, and also includes groups working on silicon and quantum computing.
Senate crypto bill would ban federal officials — including presidents — from issuing digital assets
https://www.cnbc.com/2026/07/22/senate-crypto-bill-would-ban-federal-officials-from-issuing-digital-assets.html
Published: July 22, 2026 16:00
A new version of the Clarity Act would impose the first limits on federal officials sponsoring or issuing cryptocurrency.
Congressional stock trading curb due to get House vote amid public support for a ban
https://www.cnbc.com/2026/07/22/house-congressional-stock-trading.html
Published: July 22, 2026 15:59
The House is scheduled to vote on Wednesday on a bill that would bar members of Congress from purchasing additional stocks while in office.
OpenAI cyber models broke out of training environment to hack Hugging Face
https://www.cnbc.com/2026/07/22/open-ai-cyber-models-hack-hugging-face.html
Published: July 22, 2026 15:54
The incident is unique because it was "driven, end to end, by an autonomous AI agent system," according to Hugging Face.
AMD to invest up to $5 billion in Anthropic as part of computing power deal
https://www.cnbc.com/2026/07/22/amd-anthropic-ai-chip-investment.html
Published: July 22, 2026 13:58
Anthropic's agreement with AMD is the latest in a string of infrastructure deals the company has announced this year to increase its computing capacity.
Trump's generic drug tariffs: What they could mean for medicine prices, manufacturers and supply
https://www.cnbc.com/2026/07/22/trump-generic-drug-tariffs-prices-explained.html
Published: July 22, 2026 13:16
Trump's generic drug tariff plan raises questions over prices, U.S. manufacturing and which drugmakers stand to gain or lose as details remain unclear.
Samsung details features of its smart glasses as it enters market dominated by Meta
https://www.cnbc.com/2026/07/22/samsung-smart-glasses-features-specs-price-meta.html
Published: July 22, 2026 13:00
The Samsung smart glasses are the tech giant's first foray into the product category which is currently dominated by Meta.
Samsung ups prices as it launches new foldable smartphones ahead of expected Apple debut
https://www.cnbc.com/2026/07/22/samsung-galaxy-z-fold8-ultra-z-fold8-z-flip8-launch.html
Published: July 22, 2026 13:00
Samsung launched the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8.
SpaceX ends its losing streak, oil prices jump, the Fed's AI red flags and more in Morning Squawk
https://www.cnbc.com/2026/07/22/5-things-to-know-before-the-stock-market-opens.html
Published: July 22, 2026 12:34
Here are five key things investors need to know to start the trading day.
What is Pickaxe Mountain, the Iranian nuclear facility Trump is threatening to strike?
https://www.cnbc.com/2026/07/22/pickaxe-mountain-location-nuclear-iran-trump.html
Published: July 22, 2026 08:38
"We'll be hitting that area pretty soon, and very heavily," President Donald Trump said about Iran's underground nuclear facility in Pickaxe Mountain.
Oil prices jump 4% as Rubio says Iran 'not serious' about peace talks
https://www.cnbc.com/2026/07/22/oil-prices-iran-war-macro-rubio-brent-wti.html
Published: July 22, 2026 08:12
Oil prices rose as hopes for a ceasefire in the Middle East faded.
Zelenskyy ousts Ukraine’s army chief as protests expose wartime power struggle
https://www.cnbc.com/2026/07/22/ukraine-zelenskyy-protests-russia-war-putin.html
Published: July 22, 2026 06:41
The reshuffle comes after almost a week of nationwide unrest and represents one of the biggest political crises since Russia's full-scale invasion in 2022.
CNBC Daily Open: Generic problems, AI valuations and earnings on tap
https://www.cnbc.com/2026/07/22/cnbc-daily-open-generic-problems-ai-valuations-and-earnings-on-tap.html
Published: July 22, 2026 06:22
President Trump takes fresh aim at the pharmaceutical sector, with a plan to levy 100% tariffs on generic drugs as he targets key areas ahead of the midterms.
Great British sell-off? UK takeovers accelerate in a big way
https://www.cnbc.com/2026/07/22/uk-takeovers-rotork-gooch-housego-ramsdens-mitie.html
Published: July 22, 2026 05:30
Last week, three British companies accepted takeover bids on the same day. It's a growing trend, but can the U.K. really afford to let such companies go?
Trump's push for American-made AI chips hits TSMC's margins
https://www.cnbc.com/2026/07/22/trump-pressure-ai-chips-us-tsmc-margins.html
Published: July 22, 2026 05:00
The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing since Trump returned to power in 2025.
India steps up energy shift as costs and tariff pressures mount — oil blending push sparks backlash
https://www.cnbc.com/2026/07/22/india-oil-prices-tariff-ethanol-backlash-iran-war-russia-.html
Published: July 22, 2026 04:56
India is banking on alternative fuels as it prioritizes energy security amid high oil prices and supply constraints.
Tehran's Hormuz threat risks global fallout, Rubio warns as U.S. strikes Iran for 11th straight night
https://www.cnbc.com/2026/07/22/us-iran-war-trump-hormuz-.html
Published: July 22, 2026 04:48
His comments come as U.S. Central Command hit Iranian targets for an 11th straight night.
Wistron shares surge in Taiwan after opening of Texas AI superchip plant to supply Nvidia
https://www.cnbc.com/2026/07/22/wistron-shares-surge-after-opening-texas-plant-for-nvidia-ai-servers-.html
Published: July 22, 2026 04:10
Taiwan’s Wistron Corporation opens first U.S. facility in Fort Worth, Texas.
These Japanese AI winners don’t make chips. They make toilets, glass fiber and seasoning
https://www.cnbc.com/2026/07/22/japanese-ai-winners-toilets-fiberglass-and-seasoning.html
Published: July 22, 2026 02:25
A toilet maker, a glass fiber manufacturer and the maker of MSG have in Japan have become major beneficiaries of the AI boom.
Trump plans steep tariffs on generic drugs starting in 2028 to spur U.S. production
https://www.cnbc.com/2026/07/22/trump-generic-drugs-tariffs-medicine-trade-.html
Published: July 22, 2026 01:17
The phased schedule is intended to push generic drugmakers to move production onshore.
CNBC Daily Open: AI race, potential tariffs and Middle East conflict continue to heat up
https://www.cnbc.com/2026/07/22/cnbc-daily-open-ai-race-potential-tariffs-and-iran-conflict-heat-up-.html
Published: July 22, 2026 00:51
The U.S.-China AI race continues to intensify amid signs that the Trump administration could sanction China over "theft," while OpenAI ramps up IPO efforts.
Sony’s 'ironic' PlayStation disc decision upends gamer conventions and threatens a $7 billion resale market
https://www.cnbc.com/2026/07/22/sonys-playstation-disc-decision-threatens-a-7-billion-resale-market-.html
Published: July 22, 2026 00:30
In 2013, Sony tweaked Xbox by showing how easy it was to share a PlayStation disc. Now, gamers say Sony has become exactly what it mocked.
Nike to cut off thousands of online distributors in China, restructure digital footprint
https://www.cnbc.com/2026/07/21/nike-to-cut-off-thousands-of-online-distributors-in-china.html
Published: July 22, 2026 00:00
Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.
Japan exports and imports grow at fastest pace since November 2022, beating estimates
https://www.cnbc.com/2026/07/22/japan-june-exports-trade-data.html
Published: July 21, 2026 23:56
Exports climbed 19.3%, while imports spiked 25.3% compared to June last year.
Wall Street can wait: Why one U.S. biotech firm is listing in Hong Kong first
https://www.cnbc.com/2026/07/22/axiom-aiosciences-ipo-listing-hong-kong.html
Published: July 21, 2026 23:48
Global biotech firms are increasingly being drawn to Hong Kong for its growing investor base and proximity to Chinese pharmaceutical partners.
The Fed rang the alarm about Anthropic's Mythos AI model — but had to go months without it
https://www.cnbc.com/2026/07/21/fed-mythos-ai-cybersecurity-banks-project-glasswing.html
Published: July 21, 2026 22:34
The central bank didn't have access to Claude Mythos Preview as of mid-July, even as other institutions were racing to patch their vulnerabilities.
OpenAI appoints two new members to board of directors
https://www.cnbc.com/2026/07/21/openai-appoints-two-new-members-to-board-of-directors.html
Published: July 21, 2026 21:22
OpenAI appointed longtime financial executives David Vélez and Robin Vince to its nonprofit and for-profit boards.
Super Micro surges 15% on new order and margin disclosure after SpaceX announcement
https://www.cnbc.com/2026/07/21/super-micro-stock-spacex-announcement.html
Published: July 21, 2026 20:49
Many server makers are seeing faster growth as companies race to deploy artificial intelligence servers.
OpenAI, Anthropic boost lobbying as legacy tech and defense spending slips
https://www.cnbc.com/2026/07/21/openai-anthropic-ai-lobbying-spending-q2-2026.html
Published: July 21, 2026 16:30
The two AI developers spent a combined $3.17 million in the second quarter, up 23% from the first three months of 2026.
IRS chief Frank Bisignano laughs off JPMorgan spying allegations
https://www.cnbc.com/2026/07/21/irs-chief-frank-bisignano-laughs-off-jpmorgan-spying-allegations.html
Published: July 21, 2026 16:29
Bisignano denied allegations The Wall Street Journal reported that he surveilled his colleagues while working at JPMorgan more than a decade ago.
Trump imposing 50% tariffs on certain Canadian goods over alleged trade discrimination
https://www.cnbc.com/2026/07/20/trump-tariffs-canada-trade.html
Published: July 21, 2026 15:25
Canada's relationship with the U.S. has frayed amid Trump's tariff-heavy agenda and vocal displeasure with the nations' trilateral trade pact with Mexico.
Bessent says U.S. could sanction China over AI model 'theft'
https://www.cnbc.com/2026/07/21/bessent-china-ai-sanctions.html
Published: July 21, 2026 14:14
Chinese open-weight models are gaining steam against leading offerings from American companies like OpenAI and Anthropic.
Greer hints new Trump tariffs coming on dozens of countries: 'Expect action soon'
https://www.cnbc.com/2026/07/21/trump-trade-tariffs-greer-section-301.html
Published: July 21, 2026 13:38
U.S. Trade Representative Jamieson Greer's comments the Trump administration could impose new tariffs just as other duties are set to expire.
As the U.S.-Iran war heats up again, these parts of the stock market and economy could be affected
https://www.cnbc.com/2026/07/21/iran-war-economy-markets-trump.html
Published: July 21, 2026 11:56
Investors and economists are deliberating what the latest exchange in hostilities will mean for the broader economy.
Novo Nordisk sues Eli Lilly, alleging misleading GLP-1 advertising
https://www.cnbc.com/2026/07/21/novo-nordisk-sues-eli-lilly-glp-1-ads.html
Published: July 21, 2026 11:35
Novo asked the court to permanently stop Lilly from running the "deceptive" ads and require the drugmaker to issue corrective advertising.
GM beats on earnings, raises guidance amid 'resilient' consumer, pricing
https://www.cnbc.com/2026/07/21/general-motors-gm-earnings-q2-2026.html
Published: July 21, 2026 11:27
Wall Street analysts expect General Motors to report adjusted earnings per share of $3.20 and revenue of $47.01 billion.
Jamie Dimon says markets underestimate risks and he wouldn't buy stocks or Treasurys at current prices
https://www.cnbc.com/2026/07/21/jpmorgan-chase-ceo-jamie-dimon-market-risk.html
Published: July 21, 2026 10:24
Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors' recent willingness to look past wars, tariffs and other shocks.
Nebius stock surges as Nvidia discloses 9.3% stake in neocloud
https://www.cnbc.com/2026/07/21/nebius-stock-nvidia-stake-neocloud.html
Published: July 21, 2026 10:20
Nvidia said it would invest $2 billion into Nebius in March.
Opinion: Burnham is Britain's new prime minister. Now what?
https://www.cnbc.com/2026/07/21/andy-burnham-uk-prime-minister-vat.html
Published: July 21, 2026 09:06
The U.K.'s new prime minister faces a huge test when it comes to convincing the financial markets.
All eyes are on John Healey, the UK's new finance minister. Here’s what’s at stake
https://www.cnbc.com/2026/07/21/andy-burnham-john-healey-chancellor-gilts-jamie-dimon.html
Published: July 21, 2026 08:50
J.P. Morgan boss Jamie Dimon, who backed Healey's predecessor, has waded into the U.K.'s political debate.
U.S. strikes Iran and Houthis threaten Saudi Arabia shipping as mediators push 10-day ceasefire
https://www.cnbc.com/2026/07/21/us-iran-war-trump-hormuz-houthis.html
Published: July 21, 2026 08:45
The latest cycle of strikes comes amid reports that regional mediators have presented Washington and Tehran with a proposal for a 10-day ceasefire.
Treasury yields edge lower as investors map geopolitical risks
https://www.cnbc.com/2026/07/21/treasury-yields-bonds-iran-us-politics.html
Published: July 21, 2026 08:25
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was broadly flat at 4.594%.
Boeing and Airbus prepare for next narrow-body battle – but airlines aren’t pushing for new jets yet
https://www.cnbc.com/2026/07/21/boeing-airbus-narrow-body-planes-deliveries-737max-a320.html
Published: July 21, 2026 08:21
Boeing and Airbus are preparing their next narrow-body jets, but airlines and investors remain focused on production, deliveries and current aircraft.
India's largest asset management firm makes a muted market debut after a $1 billion IPO
https://www.cnbc.com/2026/07/21/india-sbi-market-debut-billion-ipo.html
Published: July 21, 2026 06:51
SBI Funds Management, whose billion-dollar IPO garnered bids worth $31 billion, made a subdued debut with shares listing at a 7% premium.
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