Markets
CNBC Daily Open: Leadership challenge swirls around Starmer
U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. It’s a tough time to go to the polls. That’s what U.K. […]
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Why pension funds are doubling down on private credit despite deepening cracks
Pension funds are sticking with private credit, and in some cases doubling down on allocations even as concerns mount over underwriting standards, valuation opacity and sector concentration. Institutional investors, including pension funds, “generally remain committed to the asset class, with many continuing to build out their allocations,” said Cameron Systermans, head of multi-asset at Mercer […]
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CNBC Daily Open: Who shot first? Hormuz heats again as ceasefire and oil markets in peril
U.S. President Donald Trump sits at a table monitoring military operations during Operation Epic Fury against Iran, with U.S. flags visible behind him, in Washington, United States, on March 2, 2026. The White House via X | Anadolu | Getty Images Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition […]
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Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths
Key Points Iran war may dominate the first U.S. presidential visit to China since 2017. U.S. business delegation may be smaller than those other countries have brought to China recently, according to a source familiar with the matter. The timing of the next meeting — Chinese President Xi Jinping’s visit to the U.S. — is […]
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Asia-Pacific markets set to open lower on fresh Iran-U.S. tensions following clashes
Offshore vessel ‘Zakher Duty’ at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. Amr Alfiky | Reuters Asia-Pacific markets were set to open lower Friday, as concerns grew over renewed hostilities between Iran and the U.S. amid […]
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Corning CEO to Cramer: Deals with 2 unnamed hyperscalers ‘larger’ than $6B Meta pact
The investment story for Corning looks even sweeter in the wake of Jim Cramer’s sit-down with CEO Wendell Weeks on “Mad Money” on Thursday night. One day after Corning’s blockbuster optical partnership with Nvidia , Weeks shed some more light on the company’s new supply agreements with two unnamed hyperscalers. Corning first disclosed these along […]
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Jim Cramer says the AI boom has ‘the power to keep the country’s economy humming’
CNBC’s Jim Cramer said that he’s not worried about the market taking a breather because the artificial intelligence boom remains powerful enough to keep driving stocks higher. All three major indexes closed lower Thursday after the tech-heavy Nasdaq Composite and S&P 500 hit intraday highs earlier in the session. The Dow Jones Industrial Average shed […]
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Nvidia CEO says AI partnership with Corning will ‘revitalize American manufacturing’
Nvidia CEO Jensen Huang told CNBC’s Jim Cramer that the company’s new partnership with Corning represents an important opportunity to rebuild critical parts of the technology supply chain in the United States. “We’re going through the single largest infrastructure buildout in human history,” Huang said “Mad Money” on Wednesday. “Artificial intelligence is going to become […]
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Stocks making the biggest moves after hours: Akamai Technologies, Expedia, Lyft, Texas Roadhouse and more
Check out the companies making headlines after the bell : Gen Digital — The software stock popped 8% after sharing current-quarter and full-year revenue guidance that exceeded analysts’ expectations, per FactSet. Gen Digital also posted a fiscal fourth-quarter adjusted earnings and revenue beat. Airbnb — The vacation rental stock added 1%. First-quarter revenue of $2.68 […]
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Coinbase posts steep first-quarter loss after slide in crypto prices, shares fall 4%
Coinbase posted lower-than-expected results for the first quarter as crypto prices fell, weighing on one of the companies’ major revenue drivers — spot trading in digital assets . Here’s how Coinbase performed in its quarter ended March 31, compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per […]
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