World Markets
Asia-Pacific markets trade mixed as investors sell tech names on Wall Street
People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets traded mixed Thursday, after investors continued selling tech names on Wall Street like Nvidia and Oracle for a second straight day. Nvidia slid almost […]
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European defense stocks rally after Trump comments on Ukraine; Saab adds 5%
European shares opened lower on Wednesday morning, even as defense equities gained a boost from U.S. President Donald Trump’s latest comments on the conflict in Ukraine. The pan-European Stoxx 600 was down 0.5% at 8:27 a.m. in London (3:27 a.m. ET), with most sectors trading in the red. Defense stocks bucked the trend, with the […]
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CNBC Daily Open: Bad timing for OpenAI’s Stargate to come online
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Talk about bad timing. OpenAI’s first Stargate development to come online — a data center in Texas that’s stuffed to the […]
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CNBC Daily Open: Raining on OpenAI’s parade
The steel frame of data centers under construction during a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Talk about bad timing. OpenAI’s first Stargate development to come online — a data center in Texas that’s stuffed to the brims with Oracle and Nvidia infrastructure — […]
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Nvidia and OpenAI’s $100-billion deal sparks global chip stock rally
Nurphoto | Nurphoto | Getty Images Major global semiconductor stocks rose on Tuesday after Nvidia announced plans to invest $100 billion in OpenAI. The deal between Nvidia and OpenAI is on a large scale. OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, which is equivalent to 4 million and 5 […]
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European stocks set to rise after Wall Street sets fresh records
Stocks listed in Europe looked set to open broadly higher on Tuesday, following a Wall Street rally that propelled all three major U.S. indexes to record highs. Futures tied to the Euro Stoxx 50 were last seen trading 0.1% higher. Those linked to the French CAC 40 and Germany’s DAX index were last up by […]
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CNBC Daily Open: A virtuous cycle for Nvidia and OpenAI
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose, California, U.S. March 18, 2025. Brittany Hosea-Small | Reuters Rarely in life do you get a win-win scenario, but Nvidia seems to have conjured one in its partnership with OpenAI. The chipmaker — which […]
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CNBC Daily Open: When you’re good to Nvidia, Nvidia’s good to you
Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Rarely in life do you get a win-win scenario, but Nvidia seems to have conjured one in its partnership with OpenAI. The chipmaker […]
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Trump’s $100,000 H-1B fee sparks a global race to grab top talent
U.S. President Donald Trump signs an executive order in the Oval Office at the White House on September 19, 2025 in Washington, DC. Trump signed two executive orders, establishing the “Trump Gold Card” and introducing a $100,000 fee for H-1B visas. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump’s surprise […]
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CNBC Daily Open: Hindsight could give the Fed a stern lesson on its rate cut
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters The U.S. personal consumption expenditures price index for August comes out Friday. The Federal Reserve will hope the report shows […]
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