Breaking News: Markets
Applied Digital shares rip 40% higher on CoreWeave AI lease agreement
Vcg | Visual China Group | Getty Images Shares of Applied Digital rose more than 40% after the company said it signed two long-term lease agreements with CoreWeave for artificial intelligence data centers. Nvidia-backed CoreWeave climbed more than 7% following the announcement. Financial terms of the two agreements were not provided, but Applied Digital said […]
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Steel stocks surge after Trump doubles steel tariffs, Cleveland Cliffs jumps more than 20%
The Cleveland Cliffs Cleveland Works steel mill facility in Cleveland, Ohio, on Oct. 20, 2024. Dustin Franz | Bloomberg | Getty Images Major steel stocks jumped Monday after President Donald Trump hiked tariffs tied to the metal. Shares of mining company Cleveland-Cliffs popped roughly 22% following the announcement, while Steel Dynamics jumped more than 13% […]
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Trump’s 50% steel tariff could see prices tank in Europe — and soar in the U.S.
US President Donald Trump receives a gold helmet with his name on it during a visit to US Steel – Irvin Works in West Mifflin, Pennsylvania, May 30, 2025, to mark the ‘partnership’ between Nippon Steel and US Steel. Saul Loeb | AFP | Getty Images U.S. President Donald Trump surprised markets yet again with […]
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Stocks making the biggest premarket moves: Cleveland-Cliffs, Nucor, Moderna, Tesla and more
Check out the companies making the biggest moves in premarket trading: Steel stocks — Shares of steel companies soared after President Donald Trump doubled tariffs on the metal to 50% from 25%. Cleveland-Cliffs rallied 26%, while Nucor added nearly 11% and Steel Dynamics rose 10%. BioNTech — The Germany-based biotech stock jumped 11.3% after Bristol […]
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European autos stocks fall 2% as Trump’s 50% steel tariffs inflate EU trade tensions
Mid-morning market moves The mood in equities remains downbeat in Europe, with the regional Stoxx 600 index 0.25% lower at 10:30 a.m. U.K. time as investors eye the potential for escalating U.S.-EU tariffs. Autos stocks on the index are down 1.75%, technology stocks are down 1.2% and household goods are down 1%. Oil and gas […]
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IATA’s 2025 Global Outlook sees increases to profitability
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The International Air Transport Association (IATA) announced it’s revised financial outlook for 2025. IATA’s Director-General Willie Walsh, joins CNBC’s Monica Pitrelli in New Delhi, to discuss the updated forecast. Source
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Aussie firms Soul Patts and Brickworks’ $9 billion merger sends their shares rocketing
The Washington H Soul Pattinson logo is seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Stocks of Australian investment firm Washington H. Soul Pattinson, also known as Soul Patts, and its affiliate Brickworks surged after both companies announced a A$14 billion ($9 billion) merger. Shares of Soul Patts traded 13.78% […]
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China says the U.S. undermined Geneva trade deal after Trump accuses Beijing of violations
The U.S. and Chinese flags are seen on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters China on Monday refuted Washington’s claims that it had broken the Geneva trade agreement, instead accusing the U.S. for breaching deal terms, signaling talks between […]
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Asia-Pacific markets trade mixed after Trump says he plans to double steel tariffs to 50%
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images Asia-Pacific markets traded mixed after President Donald Trump told U.S. steelworkers late Friday that he will double tariffs on steel imports to 50%, effective from Wednesday. Japan’s benchmark Nikkei […]
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Stock futures inch lower to kick off start of the new trading month: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 30, 2025, in New York City. Angela Weiss | AFP | Getty Images Stock futures fell on Sunday as Wall Street looks to the start of a new month of trading following a strong performance in […]
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