CNBC Daily Open: Trump’s Strait of Hormuz claim meets crude reality
U.S. President Donald Trump boards Air Force One on August 9, 2026 at Morristown Airport in Morristown, New…
Nvidia, Wall Street asset managers partner on $500B AI push
Nvidia is attempting to turn its artificial intelligence chips into Wall Street’s newest asset class, partnering with six…
CNBC Daily Open: Washington and Tehran both play it cool
Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, July 27, 2026. Razieh Poudat…
A super Thursday of earnings and hopes for Iran detente
The Rheinmetall AG logo can be seen in front of the headquarters. Picture Alliance | Picture Alliance |…
CNBC Daily Open: Iran, Oman in talks on Hormuz; SpaceX/Nvidia loyalty
A bull statue at the Korea Exchange (KRX) in Seoul, South Korea, on Wednesday, Nov. 5, 2025. SeongJoon…
U.S. Treasury intervenes to support yen after Japan steps in: FT
The U.S. Treasury bought yen on Friday to support the battered Japanese currency, the Financial Times reported, marking…
Why Situational Awareness hedge fund imploded, even in a tame stock market
Champpixs | Istock | Getty Images The stock market looked unusually tranquil. Beneath the surface, one of Wall…
Tech’s pricey AI buildout: Dwindling cash and soaring memory costs
Almost four years into the artificial intelligence boom, the world’s biggest tech companies are still making grand promises…
Why AI investor Leopold Aschenbrenner is selling all stocks
The battered hedge fund founded by former OpenAI researcher Leopold Aschenbrenner is unwinding many of its trades after…
CNBC Daily Open: Iran attacks again, SK Hynix earnings, Japan quake
A woman and a child walk past Iranian-made Zolfaghar missiles displayed at Azadi Square in Tehran on July…
Pipelines around Hormuz won’t end threat Iran poses to Middle East oil
Middle East oil producers plan to build new pipelines to reduce their dependence on the Strait of Hormuz,…
Big Tech rally drowns out Iran war fears, Buffett urges caution
WASHINGTON, DC – JULY 14: Federal Reserve Chairman Kevin Warsh testifies before the House Financial Services Committee on…