United States
Japan’s global defense business may be on the cusp of a big breakout
SAN ANTONIO, ZAMBALES, PHILIPPINES – APRIL 28: A Japanese Self-Defense Forces personnel carried a Japanese national flag in front of missile systems, during an Integrated Air and Missile Defense (IAMD) drill, as part of the ongoing Balikatan (Shoulder-Shoulder) multinational exercise, at a naval base in San Antonio, Zambales, Philippines, on April 28, 2026. The IAMD […]
Read More
S&P 500 futures are little changed after tech-driven rally leads index to new record: Live updates
Traders work at the New York Stock Exchange on May 13, 2026. NYSE S&P 500 futures were little changed on Wednesday night after a narrow rally in technology stocks pushed the index to new all-time highs. S&P futures and Nasdaq 100 futures climbed 0.1% and 0.4%, respectively. Futures tied to the Dow Jones Industrial Average […]
Read More
Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range, according to a person with knowledge of the matter. The deal comes as investors gear up for what’s expected to be a very busy year for new AI offerings. The IPO reeled in at […]
Read More
Beer demand stumbles as gas prices surge, data show
A customer shops for beer in a supermarket in New York on Jan. 22, 2026. Charly Triballeau | AFP | Getty Images U.S. beer sales have dropped more sharply than expected, as new scanner data points to weakness in the category. The slowdown is also raising concerns on Wall Street that higher gasoline prices may […]
Read More
Anduril doubles valuation to over $60 billion as defense tech funding boom continues
The Anduril Industries headquarters in Costa Mesa, California, US, on Thursday, Dec. 14, 2023. Kyle Grillot | Bloomberg | Getty Images Defense tech startup Anduril on Wednesday said it raised $5 billion, doubling its valuation to $61 billion in a funding round led by Thrive Capital and Andreessen Horowitz. CEO Brian Schimpf said in a […]
Read More
Trump arrives in Beijing with CEOs ahead of Xi meetings
U.S. President Donald Trump participates in an arrival ceremony at Beijing Capital International Airport during his visit to the country, in Beijing, China, May 13, 2026. Evan Vucci | Reuters U.S. President Donald Trump has landed in Beijing for a highly anticipated presidential summit with his Chinese counterpart, Xi Jinping. Trump is being accompanied on […]
Read More
Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace”
Oil price spikes are likely over the peak summer demand period as rapidly depleting inventories pile more pressure on the market, the International Energy Agency warned in its latest monthly update released on Wednesday. The oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in […]
Read More
Stocks making the biggest moves premarket: Alibaba, EchoStar, Micron & more
Check out the companies making the biggest moves premarket: EchoStar — Shares rose nearly 4.5% after the Federal Communications Commission approved the company’s $40 billion sale of wireless spectrum to AT & T and SpaceX. The company is selling 50 megahertz of its spectrum to AT & T and 65 megahertz to SpaceX. Alibaba — […]
Read More
CNBC Daily Open: Huang on, Nvidia is on the China trip
NVIDIA CEO Jensen Huang gestures during the NVIDIA GTC global AI conference in San Jose, California, U.S. March 17, 2026. Carlos Barria | Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open, and it is also a welcome for Jensen Huang to President Trump’s China […]
Read More