🦜 International: Top News And Analysis
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Tanker struck in Strait of Hormuz as U.S.-Iran tensions escalate
https://www.cnbc.com/2026/06/27/tanker-struck-in-strait-of-hormuz-as-us-iran-tensions-escalate.html
Published: June 27, 2026 16:20
The attacks come as the United States and Iran are supposed to be engaging in a 60-day ceasefire as they attempt to work toward a resolution.
Why investors may want to prioritize bond markets outside the U.S.
https://www.cnbc.com/2026/06/27/inflation-as-major-reason-to-invest-in-global-bond-markets.html
Published: June 27, 2026 15:00
Allspring Global Investments is pushing clients toward countries with central banks that are raising interest rates or have different inflation dynamics.
American couple left New York City and bought a house in Italy for $13,000: 'We found a different way of life'
https://www.cnbc.com/2026/06/27/american-couple-left-united-states-bought-italy-house-cassandra-tresl-alex-ninman.html
Published: June 27, 2026 14:00
Cassandra Tresl and Alex Ninman moved in with Tresl's grandfather in the Czech Republic in 2020 and closed on a house in Abruzzo, Italy, in 2022.
SpaceX stock has cooled. Hiring for jobs in the space economy hasn't
https://www.cnbc.com/2026/06/27/spacex-jobs-stem-careers-labor-economy.html
Published: June 27, 2026 13:03
The SpaceX IPO euphoria is over, but the bullish trend in space economy jobs remains in place within a labor market where many other sectors have slowed hiring.
The memory shortage shaking Apple and Microsoft is 'existential crisis' for smaller players
https://www.cnbc.com/2026/06/27/memory-crunch-shaking-apple-and-microsoft-existential-for-small-guys.html
Published: June 27, 2026 12:25
While Apple and Microsoft raise prices on key devices to help cover the soaring costs of memory, smaller consumer electronics companies are in dire straits.
Straight women can’t get enough of gay romance stories like ‘Heated Rivalry’ and ‘Red, White & Royal Blue’
https://www.cnbc.com/2026/06/27/heated-rivalry-red-white-royal-blue-rachel-reid-gay-romance-yaoi-mlm.html
Published: June 27, 2026 12:22
Women aren't the protagonists or love interests in a subgrenre of romance focused on gay men. Still, they're consuming these stories in droves.
Berkshire CEO Greg Abel sworn in as U.S. citizen at baseball game
https://www.cnbc.com/2026/06/27/berkshire-ceo-greg-abel-sworn-in-as-us-citizen-at-baseball-game.html
Published: June 27, 2026 12:11
Abel, a longtime Iowa resident who was born in the Canadian city of Edmonton in 1962, was among the roughly two dozen people from 16 countries who participated in an annual naturalization ceremony hosted by the Iowa Cubs Thursday night in Des Moines.
Red-alert heatwaves are becoming Europe's new normal. Investors are paying attention
https://www.cnbc.com/2026/06/27/europe-heatwave-uk-temperature-el-nino-invest.html
Published: June 27, 2026 05:00
Temperature records were smashed across Europe this week, prompting several countries across the continent to issued high-level warnings about danger to life.
From concerts to train rides, bots are winning the ticket wars — but they're only part of the problem
https://www.cnbc.com/2026/06/27/ticket-bots-concert-scalpers-ticketmaster-china-korea.html
Published: June 27, 2026 05:00
From concerts to train reservations, automated bots have become the latest target in the fight against ticket scalping.
Trump admin allows Anthropic to release Mythos AI model to some companies, government agencies
https://www.cnbc.com/2026/06/26/us-government-anthropic-claude-mythos5-ai.html
Published: June 27, 2026 00:34
Anthropic disabled access to its Fable 5 and Mythos 5 models to comply with a government export control directive citing "national security authorities."
SpaceX will join Nasdaq-100
https://www.cnbc.com/2026/06/26/spacex-added-to-nasdaq-100-on-hold-on-hold-on-hold.html
Published: June 27, 2026 00:23
Adding SpaceX this quickly would make the Elon Musk company one of the first beneficiaries of Nasdaq's recently adopted fast-track inclusion framework.
U.S. strikes Iran after Trump accuses Tehran of ceasefire violation in Strait of Hormuz
https://www.cnbc.com/2026/06/26/us-strikes-iran-strait-of-hormuz-ceasefire.html
Published: June 26, 2026 21:34
The attack comes as the United States and Iran are supposed to be engaging in a 60-period of no hostilities as they hold talks to end their war.
Oracle stock has worst week since 2001 dot-com bust as AI financing concerns escalate
https://www.cnbc.com/2026/06/26/oracle-stock-ends-worst-week-since-2001-as-investors-dwell-on-finances.html
Published: June 26, 2026 20:21
Oracle's surging spending, negative free cash flow and $130 billion debt pile are weighing on the stock.
Walmart heir Lukas Walton buys minority stake in the Chicago Bulls and United Center
https://www.cnbc.com/2026/06/26/walmart-heir-lukas-walton-chicago-bulls.html
Published: June 26, 2026 20:12
Lukas Walton is the 39-year-old grandson of Walmart founder Sam Walton. He and Samantha Walton are residents of Chicago.
Gavin Newsom calls for national billionaires tax: 'It's time for an economic reset'
https://www.cnbc.com/2026/06/26/gavin-newsom-national-billionaires-tax-california.html
Published: June 26, 2026 18:01
California Gov. Gavin Newsom said he supports imposing "a true minimum tax on billionaires" and closing "tax-free lifestyle loan" loopholes for the rich.
Trump threatens 100% tariff on countries putting 'Digital Services Tax on American Companies'
https://www.cnbc.com/2026/06/26/trump-tariff-trade-tech-tax.html
Published: June 26, 2026 17:12
"This TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not," Trump wrote in a Truth Social post.
OpenAI limits new AI models to 'trusted partners' at request of U.S. government
https://www.cnbc.com/2026/06/26/openai-limits-new-ai-models-to-trusted-partners-request-us-government.html
Published: June 26, 2026 17:02
OpenAI said it previewed the new models' capabilities with the government ahead of the launch.
Trump says Iran violated ceasefire with drone attacks on Strait of Hormuz ships
https://www.cnbc.com/2026/06/26/trump-iran-ceasefire-strait-of-hormuz.html
Published: June 26, 2026 16:17
The International Maritime Organization earlier paused efforts to evacuate ships and seafarers stranded in the Strait of Hormuz after a cargo vessel was struck.
Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
https://www.cnbc.com/2026/06/26/minneapolis-fed-president-neel-kashkari-says-he-expects-a-rate-hike-this-year.html
Published: June 26, 2026 16:04
Kashkari said he sees a hike likely this year as the economy continues to feel the hit from spiking inflation.
ON Semi tanks 20% following Synaptics deal as CEO defends core business
https://www.cnbc.com/2026/06/26/on-semi-stock-synaptics-ceo-hassane-el-khoury.html
Published: June 26, 2026 15:39
The pivot into physical AI grows On Semi's addressable market by an additional $30 billion, the company said.
OpenAI hasn't held pre-IPO investor meetings or set timeline yet, sources say
https://www.cnbc.com/2026/06/26/open-ai-ipo-timeline-investors.html
Published: June 26, 2026 15:34
OpenAI said it confidentially filed its prospectus with the SEC earlier this month, but noted it "may be a while" before it goes public.
Trump eases pressure on Fed Chairman Kevin Warsh as inflation tops 4%
https://www.cnbc.com/2026/06/26/trump-warsh-fed-rate-cuts-inflation.html
Published: June 26, 2026 14:54
President Donald Trump's economic advisors are giving Warsh space, as the new Fed chairman, on interest rates as the president repeats calls to cut.
Billionaire investor Jeremy Grantham says bitcoin will 'dwindle away with a whimper'
https://www.cnbc.com/2026/06/26/billionaire-investor-jeremy-grantham-says-bitcoin-will-dwindle-away-with-a-whimper.html
Published: June 26, 2026 14:13
Jeremy Grantham renewed his long-running criticism of bitcoin, predicting it will gradually fade into irrelevance over decades.
Ex-Apollo CEO Leon Black says Jeffrey Epstein duped him out of more than $60 million
https://www.cnbc.com/2026/06/26/leon-black-jeffrey-epstein-house-oversight-committee.html
Published: June 26, 2026 13:31
"I knew Jekyll. I didn't know Hyde," Leon Black says about Jeffrey Epstein in his prepared statement to the House Oversight and Government Reform Committee.
OpenAI and Anthropic face new AI reality as companies shift from tokenmaxxing to efficiency
https://www.cnbc.com/2026/06/26/openai-anthropic-new-ai-spending-reality-as-users-shift-to-efficiency.html
Published: June 26, 2026 12:10
Companies are tightening their AI budgets to focus on getting a return on their investment, and that could dampen growth rates at OpenAI and Anthropic.
Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch
https://www.cnbc.com/2026/06/26/polymarket-annualized-revenue-1-billion-us-exchange-.html
Published: June 26, 2026 12:00
World Cup trading and the end of its U.S. waitlist are driving rapid growth for Polymarket's prediction market platform.
'The cult of Elon': SpaceX investors grapple with volatility amid big swings
https://www.cnbc.com/2026/06/26/spacex-volatility.html
Published: June 26, 2026 11:35
SpaceX stock has seen big spikes and drop in its opening two weeks as a public company.
Volkswagen plans to cut 15% of its workforce and close four German plants, report says
https://www.cnbc.com/2026/06/26/volkswagen-vw-job-cuts-autos-germany.html
Published: June 26, 2026 11:27
Auto giant Volkswagen is reportedly planning to cut 100,000 jobs and end production at four German plants over the coming years.
Micron falls 5% in premarket, paring earlier gains amid tech rout
https://www.cnbc.com/2026/06/26/micron-stock-earnings-tech-selloff-ai.html
Published: June 26, 2026 10:18
Micron Technology's shares tumbled on Friday amid a global sell-off in technology stocks.
Shipping rebounds in Strait of Hormuz one week after U.S.-Iran deal – but fragile confidence threatens recovery
https://www.cnbc.com/2026/06/26/strait-of-hormuz-shipping-oil-us-iran.html
Published: June 26, 2026 09:36
Shipping traffic through the strategically vital Strait of Hormuz is recovering one week after the U.S. and Iran signed an interim peace deal.
Red Lobster's Ultimate Endless Shrimp promotion described as a 'car crash for the company, lawsuit says
https://www.cnbc.com/2026/06/26/red-lobsters-endless-shrimp-promotion-was-a-car-crash-lawsuit-says.html
Published: June 26, 2026 07:54
"Thai Union doubled down on a campaign to squeeze out every drop of value that it could," creditors said
Binance to stop providing services to European clients after failing to obtain license: Financial Times
https://www.cnbc.com/2026/06/26/binance-to-stop-providing-services-to-european-clients-after-failing-to-obtain-license-ft.html
Published: June 26, 2026 07:23
All crypto companies have to obtain a license under the bloc's Markets in Crypto-Assets Regulation by July 1, or risk penalties.
U.S.-Iran peace deal grants access to Tehran's nuclear sites, UN watchdog says
https://www.cnbc.com/2026/06/26/us-iran-peace-deal-nuclear-access.html
Published: June 26, 2026 06:41
"The technical work has started, and we hope to be there soon," IAEA chief Rafael Grossi said at a news conference in Japan on Friday.
CNBC Daily Open: One session, two major sell-offs
https://www.cnbc.com/2026/06/26/cnbc-daily-open-one-session-two-major-sell-offs.html
Published: June 26, 2026 06:00
Friday's session looks set to be dominated by two major sell-offs — the tech rout deepening and oil prices diving further into the red.
NBA targets Asian resurgence with technology and talent push
https://www.cnbc.com/2026/06/26/nba-targets-asian-resurgence-with-technology-and-talent-push-.html
Published: June 26, 2026 05:50
Southeast Asia has emerged as one of the NBA's fastest-growing markets for fan engagement, making the region a focal point for both player development and business expansion.
Airwallex hits $11 billion valuation with $320 million raise as fintech pushes into finance run by AI agents
https://www.cnbc.com/2026/06/26/airwallex-series-h-funding-11-billion-valuation-ai-finance.html
Published: June 26, 2026 04:27
Airwallex raised $320 million to build the financial infrastructure powering a world where AI agents handle business payments and finance.
Oil slides nearly 2% as markets look past fresh Iran tensions and focus on supply outlook
https://www.cnbc.com/2026/06/26/oil-prices-middle-east-iran-strait-of-hormuz-opec-iraq-wti-brent-crude.html
Published: June 26, 2026 04:07
Oil extended declines on Friday, with markets focused any further breakthroughs in the Middle East conflict, while digesting a flurry of news from the region.
UN agency pauses Hormuz ship evacuation plan after first vessel attack under peace deal
https://www.cnbc.com/2026/06/26/strait-of-hormuz-vessel-attack-evacuation-pauses-iran-united-states-peace-deal-negotiation-.html
Published: June 26, 2026 02:07
The pause follows a container ship being struck near the coast of Oman on Thursday, with a U.S. official saying that Iran was responsible for the attack.
CNBC Daily Open: Oil worries flare as tech's winners split from the pack
https://www.cnbc.com/2026/06/26/cnbc-daily-open-oil-worries-flare-as-techs-winners-split-from-the-pack.html
Published: June 26, 2026 01:49
Renewed Middle East tensions are in focus, after Iran reportedly attacked a cargo ship, OPEC faces potential exit of Iraq, and Iran and the U.S. disgree over funds use.
SoftBank sinks 12% as Asia tech rout tracks declines in the U.S.
https://www.cnbc.com/2026/06/26/global-tech-stocks-ai-infrastructure-costs-selloff-softbank-apple.html
Published: June 26, 2026 01:29
SoftBank Group plunged, leading a broad selloff in Asian technology stocks amid mounting concerns over the rising cost of artificial intelligence infrastructure.
Chicago Fed President Goolsbee says inflation is too high, calls Warsh 'a serious guy'
https://www.cnbc.com/2026/06/25/chicago-fed-president-goolsbee-says-inflation-is-too-high-calls-warsh-a-serious-guy.html
Published: June 25, 2026 19:04
In a live CNBC interview from his home district, the policymaker declined to speculate on where he thinks interest rates are headed.
Iranian leader scoffs at Trump claim that Iran must buy U.S. farm products with unfrozen assets
https://www.cnbc.com/2026/06/25/iran-ghalibaf-trump-us-farm-products-assets.html
Published: June 25, 2026 16:49
"The only crop we're harvesting is what you planted: decades of mistrust," Iranian parliament speaker Mohammad Bagher Ghalibaf said in a social media post.
GM reveals 2027 GMC Sierra pickup with new V-8 engines, redesigned styling
https://www.cnbc.com/2026/06/25/gm-gmc-sierra-pickup.html
Published: June 25, 2026 16:15
The new GMC Sierra trucks are crucial to GM's sales and earnings, especially highly profitable luxury Denali and off-road AT4 models.
Bayer wins Supreme Court case making it harder to sue over glyphosate in Monsanto's Roundup
https://www.cnbc.com/2026/06/25/glyphosate-roundup-bayer-supreme-court-case-monsanto.html
Published: June 25, 2026 15:13
Glyphosate, used in Roundup weedkiller, is the most commonly used weedkiller in agriculture, and it has long been linked to cancer claims.
JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits
https://www.cnbc.com/2026/06/25/jpmorgan-chase-co-presidents-lake-exits.html
Published: June 25, 2026 13:19
The moves would appear to make Doug Petno and Troy Rohrbaugh the most obvious possible successors to JPMorgan Chase CEO Jamie Dimon.
Bitcoin is having a tough year. Traders are betting it's going to get worse
https://www.cnbc.com/2026/06/25/bitcoin-is-having-a-tough-year-traders-are-betting-its-going-to-get-worse.html
Published: June 25, 2026 13:17
Options traders are treating this break like it could be the tip of an iceberg.
The world’s top-performing stock market still isn’t a developed market. Here’s why, according to the MSCI chief
https://www.cnbc.com/2026/06/25/south-korea-emerging-market-developed-msci-kospi.html
Published: June 25, 2026 13:13
MSCI CEO Henry Fernandez said South Korea's stock market still falls short of developed market standards.
Apple raises prices on MacBook and iPad due to memory crunch, hints at more to come
https://www.cnbc.com/2026/06/25/apple-macbook-ipad-price-hike-memory.html
Published: June 25, 2026 13:04
Tim Cook said last week that Apple would hike prices due to surging memory and storage costs.
Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
https://www.cnbc.com/2026/06/25/pce-inflation-report-may-2026-.html
Published: June 25, 2026 12:56
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
Iraq piles pressure on OPEC over quota dispute after UAE exit
https://www.cnbc.com/2026/06/25/iraq-opec-oil-supply-quota-exports-subdued.html
Published: June 25, 2026 11:58
Reuters reported that though Iraq had considered leaving OPEC, the ​current plan is to remain a member of the group while seeking a higher output quota.
Chevron CFO says gas prices will normalize after Trump presses Big Oil
https://www.cnbc.com/2026/06/25/chevron-gas-prices-trump-big-oil.html
Published: June 25, 2026 10:05
Her comments come shortly after President Donald Trump ordered an investigation into Big Oil, accusing them of "gouging" consumers.
Micron stock jumps over 16% in premarket trading after blockbuster earnings
https://www.cnbc.com/2026/06/25/micron-stock-3q-earnings-memory.html
Published: June 25, 2026 10:01
The company's revenue more than quadrupled from $9.3 billion a year earlier to $41.46 billion, it reported on Wednesday
Amazon adds new funding, lifting India AI and cloud investment to $48 billion
https://www.cnbc.com/2026/06/25/amazon-investment-billion-ai-india.html
Published: June 25, 2026 09:19
Amazon announces fresh investment of $13 billion to expand AI and cloud infrastructure in India, taking its total investment to $48 billion.
Defense stocks slide again, as Germany’s naval U-turn shakes confidence in Europe’s rearmament boom
https://www.cnbc.com/2026/06/25/rheinmetall-defense-stocks-germany-f126.html
Published: June 25, 2026 09:11
Rheinmetall and other European defense stocks fell for a second day, after Germany scrapped the F126 naval program, raising procurement concerns.
Air con and building efficiency stocks rally as Europe bakes in extreme heat
https://www.cnbc.com/2026/06/25/europe-heat-wave-cooling-energy-stocks.html
Published: June 25, 2026 08:55
The latest heat wave has underscored the need for efficient technologies and adequate power supply to keep Europe cool.
Gold holds below $4,000, silver below $60 — has the shimmer worn off the precious metal rally?
https://www.cnbc.com/2026/06/25/gold-silver-price-rally-invest-interest-rates.html
Published: June 25, 2026 08:46
Gold is down almost 8% so far this year, while silver has shed more than 20%.
Second worker dies at BYD's Hungary factory already under scrutiny for labor practices
https://www.cnbc.com/2026/06/25/second-worker-dies-at-hungary-byd-factory-scrutinized-for-labor-issues.html
Published: June 25, 2026 08:19
A second worker died at the construction site of BYD's electric vehicle factory in Hungary, CNBC has learned.
One of India's largest gold exporters paid its managing director just $180 a month, investigators say in accounting probe
https://www.cnbc.com/2026/06/25/india-rajesh-exports-investigation-accounting-irregularities-valcambi.html
Published: June 25, 2026 07:23
Indian authorities have found accounting discrepancies in books of Indian gold company Rajesh Exports, and owner of Swiss refiner Valcambi.
Despite Trump trade rhetoric, Asian investors keep betting on U.S.: Former House Majority Leader Eric Cantor
https://www.cnbc.com/2026/06/25/asian-investors-us-exposure-eric-cantor-trump-trade-singapore-moelis.html
Published: June 25, 2026 06:07
Cantor said that investment flows still have "so much" allocation to the U.S., because investors recognise that the country was still one with a "rule of law."
CNBC Daily Open: Micron steals Nvidia's margin king crown
https://www.cnbc.com/2026/06/25/cnbc-daily-open-micron-steals-nvidias-margin-king-crown.html
Published: June 25, 2026 05:46
Micron overtakes Nvidia and Meta to be Wall Street's new margin king.
Trump pledges rapid U.S. response for Venezuela after historic earthquakes kill dozens
https://www.cnbc.com/2026/06/25/venezuela-earthquakes-casualties-trump-pledges-support-aids-oil-.html
Published: June 25, 2026 05:25
The swift U.S. offer of assistance reflects a degree of diplomatic realignment between the Trump administration and the Venezuelan interim government.
Anthropic's latest hiring spree reveals where it's building AI data centers next
https://www.cnbc.com/2026/06/25/anthropic-global-ai-data-center-push.html
Published: June 25, 2026 05:00
The AI lab is hiring for AI data center roles in Australia and Japan as it rushes to expand compute capacity overseas.
Iran's neighbor, U.S. ally: What Pakistan gains from being a peacemaker
https://www.cnbc.com/2026/06/25/irans-neighbor-us-ally-what-pakistan-gains-from-being-a-peacemaker.html
Published: June 25, 2026 03:35
Pakistan's efforts to bring an end to the conflict in the Middle East are driven by the need to avoid a spillover across its borders.
Iran declares new Hormuz route 'unacceptable and dangerous,' warns against ships transiting without approval
https://www.cnbc.com/2026/06/25/iran-navy-shipping-recovery-strait-of-hormuz-unauthorized-routes-us-fragile-mou-.html
Published: June 25, 2026 03:28
The stern warning underscores Tehran's resolve to retain control over the Strait of Hormuz and to resist transits that bypass its authorization.
Investors still seek a human touch even with AI tools at hand: HSBC
https://www.cnbc.com/2026/06/25/investors-still-seek-a-human-touch-even-with-ai-tools-at-hand-hsbc-.html
Published: June 25, 2026 03:22
Investors are still turning to the judgment of a professional adviser in their last investment decision, despite using AI tools, a HSBC survey found.
Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming
https://www.cnbc.com/2026/06/25/oil-price-supply-concerns-ease-with-hormuz-tanker-traffic-resuming-.html
Published: June 25, 2026 02:25
Oil prices fell as investors bet global crude supplies will improve, as tankers stranded in the Persian Gulf for months have begun leaving the Strait of Hormuz.
CNBC Daily Open: Nvidia may still be tech’s king, but Micron just stole a scene
https://www.cnbc.com/2026/06/25/nvidia-tech-micron-margin.html
Published: June 25, 2026 01:46
Micron overtakes Nvidia and Meta to be Wall Street's new margin king
SK Hynix surges 11% after filing for blockbuster Nasdaq listing
https://www.cnbc.com/2026/06/25/chip-tech-stocks-sk-hynix-nasdaq-adr-listing-29-billion-ai-investment.html
Published: June 25, 2026 00:55
Shares of South Korean chip giant SK Hynix surged 11% on Thursday after the company said it is seeking to raise as much as $29.4 billion.
Buildings collapse as quakes rock Venezuela, 'high casualties' likely
https://www.cnbc.com/2026/06/25/buildings-collapse-as-quakes-rock-venezuela-high-casualties-likely.html
Published: June 25, 2026 00:10
A magnitude 7.2 earthquake struck about 160 km (100 miles) west of Caracas, with a magnitude 7.5 tremor hitting less than a minute later, according to the U.S. Geological Survey (USGS).
Inside India newsletter: Meet the humans teaching robots to perform routine tasks, as India finds a way to enter the AI race
https://www.cnbc.com/2026/06/25/inside-india-newsletter-humans-are-teaching-robots-to-do-ai.html
Published: June 25, 2026 00:09
Several companies have cropped up in India providing video training data made by humans that is being used to teach robots in the U.S. and China.
South Korea’s IPO bust clouds equity markets as Chaebol structure restrains listings
https://www.cnbc.com/2026/06/24/south-koreas-ipo-bust-clouds-equity-markets.html
Published: June 24, 2026 23:30
South Korea's IPO activity has lagged that of its regional peers as the structure of the market and governance reforms collide.
Micron is tech's new margin king as memory crisis pushes company past Nvidia and Meta
https://www.cnbc.com/2026/06/24/micron-is-techs-margin-king-memory-crisis-pushes-it-past-nvidia-meta.html
Published: June 24, 2026 22:33
Micron said in its earnings report that its gross margin jumped to 84.9% from 39% a year ago.
Anthropic accuses Alibaba of campaign to 'brazenly' and 'illicitly' extract AI capabilities
https://www.cnbc.com/2026/06/24/anthropic-alibaba-distillation-campaign.html
Published: June 24, 2026 21:18
The letter, which was obtained by CNBC, claims Alibaba carried out "the largest known distillation attack on Anthropic to date."
Micron stock jumps 10% as soaring prices from memory crunch lead to quadrupling of revenue
https://www.cnbc.com/2026/06/24/micron-mu-earnings-report-q3-2026.html
Published: June 24, 2026 20:23
Micron's quarterly earnings report follows a 700% surge in the memory maker's stock price over the past year.
Bitcoin falls back under $60,000, hitting its lowest level since October 2024
https://www.cnbc.com/2026/06/24/bitcoin-falls-back-under-60000-hitting-its-lowest-level-since-october-2024.html
Published: June 24, 2026 19:09
Bitcoin, now in the eighth month of its bear market, dropped to an October 2024 low amid a pullback in tech stocks.
Energy secretary says U.S. has ended Iran's ability to close Strait of Hormuz
https://www.cnbc.com/2026/06/24/iran-strait-hormuz-oil-chris-wright-energy-secretary.html
Published: June 24, 2026 19:07
Some 72 ships loaded with 19 million barrels of oil have passed through Hormuz in the past 24 hours, Energy Secretary Chris Wright said.
Qualcomm announces AI data center CPU, signs Meta as first major customer
https://www.cnbc.com/2026/06/24/qualcomm-data-center-cpu-meta.html
Published: June 24, 2026 19:03
Qualcomm's primary business has been smartphones, which accounted for two-thirds of the company's product revenue in it's most recent quarter.
Nvidia's Huang calls black market data centers made of smuggled parts a 'dead end'
https://www.cnbc.com/2026/06/24/nvidia-huang-data-center-smuggled-chips.html
Published: June 24, 2026 18:22
Washington regulators and the Trump administration are increasingly wary of China getting ahold of advanced AI software and hardware.
Traders are getting worried the chip stock bull market is cracking. How to protect yourself
https://www.cnbc.com/2026/06/24/traders-are-getting-worried-the-chip-stock-bull-market-is-cracking-how-to-protect-yourself.html
Published: June 24, 2026 17:14
Options traders were buying a lot of protection on the iShares Semiconductor ETF (SOXX) on Tuesday.
Micron earnings are set to send the market on a wild ride — and a new ETF may add to the volatility
https://www.cnbc.com/2026/06/24/micron-earnings-could-jolt-markets-and-a-new-etf-may-fuel-volatility.html
Published: June 24, 2026 16:57
The Roundhill T-REX 2X Long DRAM Daily Target ETF (RAM) is a 2x levered version of the popular DRAM ETF.
Toyota gains on General Motors in new U.S. sales forecast: 'GM may be looking over their shoulder'
https://www.cnbc.com/2026/06/24/toyota-gm-us-sales.html
Published: June 24, 2026 16:39
Toyota has notably leaned into hybrid vehicles while GM and others bet on all-electric vehicles, which saw lower-than-expected adoption from consumers.
Cerebras CEO says margin forecast was 'misunderstood' as stock plummets after earnings
https://www.cnbc.com/2026/06/24/cerebras-cbrs-stock-earnings.html
Published: June 24, 2026 16:12
AI chipmaker Cerebras has a staggered lock-up expiration that includes some shares becoming available for trading this week.
Oil tankers with 35 million barrels exited Persian Gulf through Strait of Hormuz since Iran deal
https://www.cnbc.com/2026/06/24/oil-tanker-strait-hormuz-iran-deal.html
Published: June 24, 2026 16:03
The jump in oil exports comes as the threat level for ships crossing Hormuz has been downgraded to "moderate."
Slate Auto says $24,950 electric truck will be profitable; targets positive cash flow next year
https://www.cnbc.com/2026/06/24/slate-ev-pickup-truck-ceo-business-goals.html
Published: June 24, 2026 15:59
EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.
Amazon's Zoox unveils redesigned robotaxi ahead of upcoming expansion
https://www.cnbc.com/2026/06/24/amazons-zoox-unveils-redesigned-robotaxi-ahead-of-upcoming-expansion.html
Published: June 24, 2026 15:05
Zoox is updating its robotaxis as the Amazon division plots expansion in additional markets and prepares to charge for rides.
Trump cancels signing of bipartisan housing bill, demanding voter-ID provision
https://www.cnbc.com/2026/06/24/trump-cancels-housing-bill-signing-save-america-act.html
Published: June 24, 2026 14:54
President Donald Trump abruptly canceled the signing of a bill aimed at increasing housing affordability an hour before he was due at the Capitol for the ceremony.
Kalshi CEO says prediction market thinking about IPO, but not for this year
https://www.cnbc.com/2026/06/24/kalshi-ceo-says-company-thinking-about-ipo-but-not-for-this-year-.html
Published: June 24, 2026 13:42
Tarek Mansour said to CNBC's "Squawk Box" it made sense for the company at the stage to think about a debut on public markets.
U.S. Treasury will oversee frozen Iranian funds when they're released, Bessent says
https://www.cnbc.com/2026/06/24/us-treasury-will-oversee-frozen-iranian-funds-when-theyre-released-bessent-says.html
Published: June 24, 2026 12:19
Treasury Secretary Scott Bessent said once Iranian frozen assets are released, they will be overseen by Treasury and routed largely to U.S. agriculture, medicines.
Trump claims Iran has assured U.S. there won't be tolls on the Strait of Hormuz
https://www.cnbc.com/2026/06/24/trump-claims-iran-has-assured-us-there-wont-be-tolls-on-the-strait-of-hormuz.html
Published: June 24, 2026 12:17
There will be no tolls, insurance costs, or charges of any kind for ships looking to pass through the Strait of Hormuz, Trump said.
South Korea’s biggest chipmaker SK Hynix plans to raise $29 billion via Nasdaq listing
https://www.cnbc.com/2026/06/24/sk-hynix-nasdaq-adr-listing-south-korea.html
Published: June 24, 2026 11:57
The company plans to issue 17.79 million new shares at a value of 45.45 trillion won ($29.65 billion).
France suffers major power outage as Europe sizzles in record-breaking heat
https://www.cnbc.com/2026/06/24/france-power-outage-europe-heat-wave.html
Published: June 24, 2026 10:57
A heat-related power outage left around 68,000 homes without electricity in western France as record-breaking heat sweeps Europe.
Treasury yields dip as oil falls to pre-war levels
https://www.cnbc.com/2026/06/24/treasury-yields-oil-falls-pre-war-levels.html
Published: June 24, 2026 10:05
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 1 basis point to 4.479%.
Tech companies would have to pay AI data center energy costs under bill moving in Congress
https://www.cnbc.com/2026/06/24/ai-data-centers-tech-companies-congress-energy-costs.html
Published: June 24, 2026 10:00
A House subcommittee may advance legislation Wednesday to make tech companies pay the energy costs for operating data centers to power AI.
Defense stocks plummet after Germany to scrap warship plans; Rheinmetall stock down 13%
https://www.cnbc.com/2026/06/24/rheinmetall-stock-defense-germany-warship-scrap-plans.html
Published: June 24, 2026 07:53
Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to the Financial Times.
UK prime minister: An impossible job?
https://www.cnbc.com/2026/06/24/starmer-resigns-as-pm-is-the-uk-ungovernable.html
Published: June 24, 2026 07:35
A country once known for political stability now looks almost ungovernable.
Defense giant KNDS plans IPO in Paris and Frankfurt
https://www.cnbc.com/2026/06/24/knds-ipo-paris-frankfurt.html
Published: June 24, 2026 06:53
KNDS plans to list shares in Paris and Frankfurt, with current shareholders expected to sell up to 20% of existing share capital.
Morgan Stanley doubles China humanoid robot shipment forecast as commercialization accelerates
https://www.cnbc.com/2026/06/24/morgan-stanley-china-humanoid-robot-market-forecast.html
Published: June 24, 2026 06:39
Morgan Stanley has sharply raised its outlook for China's humanoid robotics market, as early commercial deployment in real-world scenarios accelerated.
CNBC Daily Open: Trump takes on big oil
https://www.cnbc.com/2026/06/24/cnbc-daily-open-trump-takes-on-big-oil.html
Published: June 24, 2026 05:48
President Trump accuses energy companies of price "gouging" customers by keeping oil prices at the pump higher.
Oil extends decline as Trump accuses oil firms of 'gouging' consumers
https://www.cnbc.com/2026/06/24/oil-prices-wti-brent-crude-trump-doj-gasoline-prices-strait-of-hormuz.html
Published: June 24, 2026 05:25
U.S. President Donald Trump intensified pressure on oil companies to lower gasoline prices following the recent decline in crude.
Ukraine is raising the cost of war for Russia — and testing Putin's resolve
https://www.cnbc.com/2026/06/24/ukraine-russia-drone-strikes-moscow-escalation.html
Published: June 24, 2026 05:00
A string of political victories and deep-strike successes has bolstered confidence in Ukraine amid its long-running war with Russia.
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