Bitcoin cracks $60,000, sinking to lowest level since October 2024
The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets.
CNBC
CNBC International is the world leader for news on business, technology, China, trade, oil prices, the Middle East and markets.
India's economy expands at 7.8% over January to March
The world's fastest growing major economy, India, has been facing major headwinds due to the conflict in Middle East that began end of February.
How the Strait of Hormuz standoff flipped the energy security debate
Iran's influence over the strategically vital Strait of Hormuz has inadvertently transformed the energy security debate.
Global tech sell-off spreads to Europe as chip shares fall
A sell-off in tech stocks gripped U.S. and Asian markets overnight after an earnings report from Broadcom earlier in the week.
China poaches more AI talent from the U.S. as it eyes the next 'super-app'
Tencent Chief AI Scientist Yao Shunyu, who joined the company from OpenAI, said Friday he aims to pursue artificial general intelligence.
India's Central Bank Keeps Rates Steady at 5.25%
India's central bank tries to find a balance between maintaining growth and keeping inflation low, as rising global fuel prices and weak investor sentiment sink the rupee.
Tracking website, food watch: South Korea is obsessing over Nvidia CEO Jensen Huang's visit
South Korean investors are eagerly tracking Nvidia CEO Jensen Huang's every move as they wait to see what the AI megacap company will do next.
Oil little changed on uncertainty over U.S.-Iran peace deal
Oil was little changed on Friday as prospects dimmed for a near-term end to the U.S.-Israeli war with Iran after Hezbollah rejected a new ceasefire in Lebanon.
South Korea labor minister calls on tech firms to share excess AI profits with suppliers, staff: Reuters
South Korea's labor minister called on the country's major tech firms to share the spoils of their profits, warning of worsening inequality risks.
Asia Tech Stocks Drop After Broadcom Rattles AI Trade and Drags Wall Street Names Lower
Asian technology shares fell, tracking losses in U.S. semiconductor stocks after disappointing earnings Broadcom sparked a rotation out of AI-linked names.
CNBC Daily Open: Chips are down
Iran-backed Hezbollah rejected the U.S.-backed ceasefire terms agreed between Israel and Lebanon, demanding a full Israeli withdrawal first.
SpaceX blocked from early U.S. benchmark index entry as S&P reaffirms existing rules
S&P Global said Thursday it was not changing the requirements for entry into its major indices, dealing a setback to the IPO plans of Elon Musk's SpaceX.
South Korea stocks fall 5% as tech heavyweights follow plunge in Wall Street's AI-linked names
Asia-Pacific markets fell on Friday as investors assessed a rotation out of chip stocks on Wall Street that lifted the Dow Jones Industrial Average to a record close.
Friday's big stock stories: What’s likely to move the market in the next trading session
The Dow Industrials rose nearly 900 points on Thursday to touch an all-time high and close at a record as investors rotated away from tech stocks.
Cramer's lightning round: Woodward is 'a very good company'
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
CrowdStrike CEO says AI security fears will become a bigger tailwind in coming quarters
CrowdStrike CEO George Kurtz said it was too early for concerns surrounding Anthropic's Mythos to meaningfully impact first-quarter results.
Jim Cramer says Thursday's rally shows investors' 'huge appetite' for stocks
CNBC's Jim Cramer said Thursday's rally showed investors remain resilient and eager to buy stocks.
S&P 500 futures tick lower as Wall Street awaits May jobs report: Live updates
The S&P 500 is on track to finish the week slightly higher, which would mark its 10th straight week of gains and its longest win streak since 1985.
Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales
Sen. Elizabeth Warren is pressing Jensen Huang's Nvidia over export controls, China sales, Trump and data-center policy as Congress scrutinizes the AI chip boom.
Stocks making the biggest moves after hours: Lululemon Athletica, ServiceTitan, Argan and more
See which stocks are posting big moves after the bell.
