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CNBC Daily Open: Generic problems, AI valuations and earnings on tap

CNBC Daily Open: Generic problems, AI valuations and earnings...

President Trump takes fresh aim at the pharmaceutical sector, with a plan to levy...

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Trump plans generic drug tariffs from 2028 with two-year delay testing U.S. onshoring push

Trump plans generic drug tariffs from 2028 with two-year...

The latest tariff salvo underscored Trump's goal of reshoring low-cost drug production,...

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What is Pickaxe Mountain, the Iranian nuclear facility Trump is threatening to strike?

What is Pickaxe Mountain, the Iranian nuclear facility...

"We'll be hitting that area pretty soon, and very heavily," President Donald Trump...

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Japan exports and imports in June grow at fastest pace since November 2022, beating estimates

Japan exports and imports in June grow at fastest pace...

Exports climbed 19.3%, while imports spiked 25.4% compared to June last year.

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Zelenskyy ousts Ukraine’s army chief as protests expose wartime power struggle

Zelenskyy ousts Ukraine’s army chief as protests expose...

The reshuffle comes after almost a week of nationwide unrest and represents one...

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Wistron shares surge in Taiwan after opening of Texas AI superchip plant to supply Nvidia

Wistron shares surge in Taiwan after opening of Texas AI...

Taiwan’s Wistron Corporation opens first U.S. facility in Fort Worth, Texas.

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Tehran's Hormuz threat risks global fallout, Rubio warns as U.S. strikes Iran for 11th straight night

Tehran's Hormuz threat risks global fallout, Rubio warns...

His comments come as U.S. Central Command hit Iranian targets for an 11th straight...

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Trump's push for American-made AI chips hits TSMC's margins

Trump's push for American-made AI chips hits TSMC's margins

The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing...

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India steps up energy shift as costs and tariff pressures mount — oil blending push sparks backlash

India steps up energy shift as costs and tariff pressures...

India is banking on alternative fuels as it prioritizes energy security amid high...

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Trump plans steep tariffs on generic drugs starting in 2028 to spur U.S. production

Trump plans steep tariffs on generic drugs starting in...

The phased schedule is intended to push generic drugmakers to move production onshore.