Day: May 6, 2026
Disney reports earnings before the bell. Here’s what to expect
Josh D’Amaro, chairman of Disney Experiences, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed land on December 19, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Disney will release its fiscal second-quarter results before the bell Wednesday. It will mark the first earnings call led by Josh D’Amaro […]
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China hosts Iran’s top diplomat just days ahead of Trump’s high-stakes visit
BEIJING, CHINA – JULY 15: Iran’s Minister of Foreign Affairs Seyed Abbas Araghchi and Russia’s Minister of Foreign Affairs Sergei Lavrov (not seen) hold a meeting on the sidelines of the 2025 meeting of the SCO Council of Foreign Ministers in Beijing, China on July 15, 2025. Russian Ministry of Foreign Affairs | Anadolu | […]
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Samsung hits $1 trillion valuation as AI rally lifts shares over 10%
Close-up of logo for Samsung on research building in the Silicon Valley, Mountain View, California, October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Shares of Samsung Electronics surged more than 10% Wednesday, pushing the chip giant’s market capitalization past the $1 trillion mark as investors continued to pile into artificial intelligence-linked stocks. […]
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CNBC Daily Open: ‘Project Freedom’ paused, tech rally unleashed
Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. Amirhosein Khorgooi | ISNA | WANA | Via Reuters Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Within days of announcing “Project Freedom,” U.S. President Donald Trump has paused it, marking the […]
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In the global AI race, a sanctioned Chinese firm says cheaper models can still win
China’s artificial intelligence race has no finish line. DeepSeek, Moonshot AI, Alibaba and even consumer electronics firm Xiaomi have all dropped new models in recent weeks, jostling for position on leaderboards. From native AI startups to platform giants, companies across the sector face growing pressure to innovate, expand their user base and find paths to […]
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Oil prices fall as Trump pauses Hormuz escort effort
This photo shows a view of LyondellBasell refinery near the Houston Ship Channel, part of the Port of Houston, on April 29, 2026. Ronaldo Schemidt | AFP | Getty Images Oil prices fell on Wednesday after President Donald Trump said the U.S. would pause its naval escort effort in the Strait of Hormuz, raising hopes […]
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