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The global chip rout, Cerebras earnings, the PGA Tour's next chapter and more in Morning Squawk

The global chip rout, Cerebras earnings, the PGA Tour's...

Here are five key things investors need to know to start the trading day.

Technology
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OpenAI unveils first chip as part of Broadcom deal in effort to 'build the full stack'

OpenAI unveils first chip as part of Broadcom deal in effort...

Eight months after announcing a custom chip deal, OpenAI and Broadcom are revealing...

News
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Democrats see midterm hope in reliably red Iowa as Trump approval ratings sag

Democrats see midterm hope in reliably red Iowa as Trump...

The path back to a House majority could run through states such as Iowa, where Democrats...

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Defense stocks plummet on reports Germany is scrapping warships; Rheinmetall stock down 17%

Defense stocks plummet on reports Germany is scrapping...

Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates,...

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'No cracks in the armor': Tech stocks rebound after global AI selloff batters chip companies

'No cracks in the armor': Tech stocks rebound after global...

Technology stocks mostly rebounded on Wednesday amid choppy trading following a...

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U.S. Treasury will oversee frozen Iranian funds when they're released, Bessent says

U.S. Treasury will oversee frozen Iranian funds when they're...

Treasury Secretary Scott Bessent said once Iranian frozen assets are released, they...

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Trump claims Iran has assured U.S. there won't be tolls on the Strait of Hormuz

Trump claims Iran has assured U.S. there won't be tolls...

There will be no tolls, insurance costs, or charges of any kind for ships looking...

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South Korea’s biggest chipmaker SK Hynix plans to raise $29 billion via Nasdaq listing as soon as July 10

South Korea’s biggest chipmaker SK Hynix plans to raise...

The company plans to issue 17.79 million new shares at a value of 45.45 trillion...

Technology
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0x Opens Swap API To AI Agents With USDC Pay-Per-Request Model

0x Opens Swap API To AI Agents With USDC Pay-Per-Request...

0x Opens Swap API To AI Agents With USDC Pay-Per-Request Model TL;DR 0x is opening...

Technology
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Toss Bank Tests Solana Stablecoin Rails For Overseas Transfers

Toss Bank Tests Solana Stablecoin Rails For Overseas Transfers

Toss Bank Tests Solana Stablecoin Rails For Overseas Transfers TL;DR South Korea’s...

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