Author: Editor-In-Chief
A Korea Exchange (KRX) employee monitors stock market data on a computer screen in the Yeouido financial district in Seoul, South Korea, on May 11, 2026. Chris John | Null Photo | Getty ImagesSouth Korean retail investors who put money into leveraged bets on the country’s AI champions are left with huge losses after a sharp reversal, exposing the risks of a speculative trading boom that underpinned one of the world’s hottest stock markets. The pain was especially acute for holders of single-stock leveraged exchange-traded funds tied to semiconductor giants Samsung Electronics and SK Hynix. Both companies soared with the…
The United States stepped up attacks on Iran’s defenses and maritime capabilities for a ninth straight night into the early hours of Monday, prompting Iran to strike back with retaliatory strikes as warning sirens blared in neighboring Gulf states and Jordan, where there are U.S. military bases.Both countries have accused each other of violating the Memorandum of Understanding (MoU) signed on June 17 in Islamabad, Pakistan. US President Donald Trump has said he believes the ceasefire is over, but that Iran no longer intends to abide by the memorandum.Meanwhile, the Strait of Hormuz, through which 20% of the world’s oil…
KYIV, UKRAINE – JULY 19: Firefighters assess damage from a major overnight attack that killed at least one person and injured 13 others in Kiev, Ukraine, on July 19, 2026. Kiev was attacked with approximately 40 Iskander-M and hypersonic Zircon missiles. (Photo by Paula Bronstein/Getty Images)Paula Bronstein | Getty Images News | Getty ImagesRussia launched its largest ballistic missile attack on Kiev, while Ukrainian drones carried out the largest attack inside Russia in more than two years, raising concerns that the situation could escalate and further strain oil supplies.Russia has carried out a series of ballistic missile and drone attacks…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Monday. Spain won the World Cup yesterday in extra time. But the financial winner may be FIFA. FIFA is expected to earn more than $9 billion in revenue in 2026.Stock futures are rising this morning as traders look to recover from a weak week.Here are five important things investors need to know to start their trading day.1. Increase strikesAn Iranian woman walks in front of a giant anti-American and anti-Israel billboard depicting U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu in Tehran on…
U.S. Secretary of Commerce Howard Lutnick watches as U.S. President Donald Trump delivers a speech in the Oval Office of the White House on June 11, 2026 in Washington, DC. Daniel Heuer | ReutersA new CNBC National Economic Survey finds that about half of Americans don’t think it’s appropriate for the U.S. government to take ownership of U.S.-based companies.The findings come as the Trump administration is negotiating 30 deals worth nearly $27 billion in total, according to the Council on Foreign Relations, a nonpartisan think tank. There may be more. CNBC reports that the administration has held talks with influential…
Editor’s note: Call to Earth is a CNN editorial series dedicated to reporting on the environmental challenges facing our planet and their solutions. Rolex’s Perpetual Planet Initiative has partnered with CNN to promote awareness and education on key sustainability issues and inspire positive action. Getting people interested in vulture conservation can be difficult. They are never cute or cuddly, and a diet of dead animals doesn’t help. Conservationists hope the vulture photo contest will help raise public awareness of the vultures, which play an important ecological role by disposing of their carcasses. “People tend to think they’re ugly,” said Andre…
President Trump and Infantino presenting the FIFA World Cup trophy to Rodri.Katherine Ivill – Amateur | Getty Images Sports | Getty ImagesThe biggest and most daring World Cup in history came to a close on Sunday, with Spain defeating Argentina 1-0 in extra time to claim international football’s biggest prize.Barcelona forward Ferran Torres scored the only goal in what was ultimately a disappointing final, with Argentina reduced to 10 men after Enzo Fernandes received a second yellow card for a foul on Spanish defender Pau Kvarsi, sealing Spain’s second World Cup victory.Madonna, Justin Bieber, BTS and Shakira also appeared at…
Scottish firefighters are battling a bushfire on Arthur’s Seat, a famous hill near the center of the capital Edinburgh. The fire was reported on Sunday evening, according to a Scottish Fire and Rescue Service (SFRS) statement released late on Monday morning. “Operations Control has mobilized six fire extinguishing equipment and specialized resources to the scene and firefighters are working to extinguish the fire, which has affected grassy areas,” SFRS Area Commander David Dooley said in a statement. “Our crews remained on scene this morning and worked tirelessly to extinguish the fire throughout the night. Operations will continue today until the…
Andy Burnham speaks after being confirmed as the new leader of the Labor Party and next Prime Minister at the Labor Party Special Conference in central London on July 17, 2026. Henry Nichols AFP | Getty ImagesHello, this is Leonie Kidd from London. Football may not have come home this time, but Britain’s new Prime Minister Andy Burnham has a new home. Read more!What you need to know todayAndy Burnham will appear in Downing Street today as Prime Minister of the United Kingdom.He is expected to announce a number of policy changes, ranging from devolution of powers from London to…
Jeff Bezos has invested in British startup CuspAI, which announced a partnership on Monday. Nvidia The company seeks breakthroughs in semiconductors, clean energy and advanced manufacturing, collaborating with many other industry leaders. The $450 million funding, valuing CuspAI at $2.6 billion, was led by Kleiner Perkins and NEA, with significant participation from Jeff Bezos’ Bezos Expeditions. Additional new investors include Glade Brook Capital Partners, Lux Capital, AMD Ventures, and the UK Sovereign AI Venture Fund.CuspAI uses artificial intelligence to simulate the performance of new materials, narrowing the possibilities for a huge number of clinical tests. “Most of the big leaps…