Markets
Citi spells out 3 scenarios for the Strait of Hormuz — and where oil prices would go in each
Oil prices could soar to $130 a barrel by the end of June if flows through the Strait of Hormuz remain disrupted, as Citi analysts outlined a number of possible scenarios facing oil markets. An oil market recovery hinges upon the full reopening of the strait, according to Citi analysts, ahead of Tuesday’s deadline for […]
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Trump says ‘maybe’ government should help struggling Spirit Airlines
President Donald Trump said Tuesday that the federal government could help struggling Spirit Airlines as the discount carrier faces the possibility of liquidation. Trump told CNBC’s “Squawk Box”: “I don’t mind mergers. I think I’d love somebody to buy Spirit, as an example. You know, Spirit’s in trouble. … Maybe the federal government should help that […]
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Kevin Warsh arrives on Capitol Hill for Fed confirmation hearing: Live updates
Who is Kevin Warsh? Kevin Warsh, a former member of the Federal Reserve Board of Governors, arrives at the Sun Valley Resort for the Allen and Company Sun Valley Media and Technology Conference in Sun Valley, Idaho, U.S., July 8, 2025. Brendan McDermid | Reuters Warsh, 56, is an Ivy League-educated lawyer who’s worked in […]
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Trump’s foreign policy is not derailing Latin American stocks’ bull run
U.S. stocks underperformed global peers last year as President Donald Trump’s trade policies and apparent threats to Federal Reserve independence contributed to periodic bouts of investors opting to “sell America”. Latin American markets were a major beneficiary. Trump’s approach to the region so far in 2026 has included an operation to seize and extract Venezuela’s […]
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Apple’s next CEO, Warsh’s confirmation hearing, the psychedelic stock surge and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. President Donald Trump will join CNBC’s “Squawk Box” for a live interview at 8:30 a.m. ET this morning. Watch live on CNBC or CNBC+. Stock futures are rising after a down day on Wall Street. Here are five key things […]
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Dollar debasement and zombie companies: 5 investment strategies we heard today
Uncertainty over U.S.-Iran peace talks in Pakistan continues to shape investor sentiment, with optimism for a potential settlement keeping a cap on oil prices and propping up equity markets. European stocks followed Asian peers higher in early trading, with South Korea’s Kospi index hitting a record high overnight. Meanwhile, U.S. futures are pointing to tentative […]
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Stocks making the biggest moves premarket: Amazon, Apple, GE Aerospace, UnitedHealth & more
Check out the companies making headlines before the bell: UnitedHealth — Shares popped more than 6% after UnitedHealth reported first-quarter earnings and revenue that beat analyst expectations. The company earned $7.23 per share, adjusted, on revenue of $11.72 billion. Analysts expected a profit of $6.57 per share on revenue of $109.57 billion. UnitedHealth also hiked […]
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Volkswagen announces voice AI in its Chinese cars from later this year
Key Points German automaker announced it would incorporate AI agents that allow humans to control car features with voice commands into its cars in China. CTO Thomas Ulbrich told CNBC that the in-car AI agent would draw on tech from Tencent, Alibaba and Baidu. Volkswagen has invested heavily in China in recent years, with stakes […]
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JPMorgan expands $1.5 trillion economic security splurge into Europe
Key Points JPMorgan Chase expands its $1.5 trillion economic security initiative into continental Europe. The 10-year program, launched in the U.S. and Britain last year, will focus on areas including defense, energy and tech. CEO Jamie Dimon said the U.S. and Europe had been too reliant on “unpredictable sources” for goods that are critical to […]
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CNBC Daily Open: Tim Cook finds the new Apple of his eye
Apple’s John Ternus speaks during Apple’s annual worldwide developer conference (WWDC) in San Jose, California, June 5, 2017. Stephen Lam | Reuters Hello, this is Hui Jie writing to you from Singapore, while Leonie is away preparing for CNBC’s CONVERGE LIVE event, featuring names like former Canadian PM Justin Trudeau and Capital Group CEO Mike […]
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