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CNBC Daily Open: Markets rally on hopes of Iran-U.S. Strait of Hormuz deal

CNBC Daily Open: Markets rally on hopes of Iran-U.S. Strait...

U.S. Treasury Secretary Scott Bessent told CNBC that Iran and the U.S. could reach...

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Novo Nordisk stock falls after raised forecast fails to change the debate over its obesity business

Novo Nordisk stock falls after raised forecast fails to...

Wall Street isn't convinced the Ozempic maker has a promising path back to sustainable...

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Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy

Europe is blowing up riverbeds as an extreme drought wreaks...

Severe drought is disrupting energy and freight across Europe as low Rhine and Danube...

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U.S. says Strait of Hormuz is 'free and open' as Bessent signals deal with Iran is close

U.S. says Strait of Hormuz is 'free and open' as Bessent...

U.S. Central Command said the "southern route of the Strait of Hormuz remains free...

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India's central bank keeps benchmark rates steady, cites 'moderate' core inflation

India's central bank keeps benchmark rates steady, cites...

The Reserve Bank of India has kept interest rates unchanged amid creeping inflation.

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U.S. says Strait of Hormuz is 'free and open' as Bessent says deal with Iran is close

U.S. says Strait of Hormuz is 'free and open' as Bessent...

U.S. Central Command said the "southern route of the Strait of Hormuz remains free...

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SpaceX's AI spending unnerves Wall Street despite promises of quick payoff

SpaceX's AI spending unnerves Wall Street despite promises...

In addressing Wall Street for the first time since SpaceX's IPO, executives tried...

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GM, Chinese automaker extend joint venture for 20 years despite geopolitical tensions with U.S.

GM, Chinese automaker extend joint venture for 20 years...

GM said the deal will focus on domestic sales of Buick and Cadillac models in China...

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CNBC Daily Open: Mixed messaging on Iran-U.S. possible deal — but markets are cheering

CNBC Daily Open: Mixed messaging on Iran-U.S. possible...

Developements relating to the Strait of Hormuz remain in focus, amid op Washington...

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SoftBank jumps 10% as Asia tech stocks track Wall Street AI rally

SoftBank jumps 10% as Asia tech stocks track Wall Street...

Asian technology stocks rallied on Wednesday after Wall Street's record-setting...