Author: Editor-In-Chief
A bull and bear statue stands outside the Frankfurt Stock Exchange on April 7, 2025 in Frankfurt, Germany.Florian Wiegand | Getty Images News | Getty ImagesGlobal stock markets rose modestly on Tuesday, showing a tentative recovery from volatility caused by aggressive selling in global technology stocks. U.S. stocks came under pressure on Friday, led by a sharp decline in semiconductor stocks. This negative momentum spilled over into Asian trade, while European tech stocks also fell. This was triggered by a rotation of AI-related stocks following Broadcom’s lackluster earnings report.By Tuesday, global stock prices appeared to be recovering from the decline.…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Tuesday. If Shakespeare were alive today and reading about all these IPOs, he might have written instead, “To buy or not to buy, that’s the question.”Stock futures are up after mixed trading this morning. of S&P500 It rose modestly yesterday.Here are five important things investors need to know to start their trading day.1. Make a differenceAttendees look at a screen during the Worldwide Developers Conference (WWDC) at Apple Park on June 8, 2026 in Cupertino, California. Josh Edelson | AFP | Getty Imagesapple made a…
US President Donald Trump was booed “ferociously” by fellow New York Knicks fans when he attended the National Basketball Association (NBA) finals at Madison Square Garden in New York on Monday, the first sitting president to do so.Security has been stepped up for his visit, with authorities barring fans without tickets from coming within a few blocks of the venue.I’ll explain what happened.what happened?The president, who was watching the game against the San Antonio Spurs in his executive suite, was jeered by fans when he appeared on a screen inside the arena during the national anthem.Trump was shown on a…
AP — In an unprecedented move, the embattled International Criminal Court’s chief prosecutor was suspended late on Monday after the court’s watchdog referred British lawyer Karim Khan to disciplinary proceedings. The 56-year-old faces allegations of sexual misconduct with female aides in a scandal that has been going on for more than two years. He categorically denied any wrongdoing. The final decision on Mr. Khan’s fate now rests with the ICC’s oversight body, the Conference of the States Parties, which is expected to hold a special session to decide whether Mr. Khan should remain in his post at the world court.…
Apple is hoping to attract newer developers with lower AI infrastructure costs, the company announced Monday during its developer keynote at the Worldwide Developers Conference. The tech giant said developers with fewer than 2 million initial App Store downloads can use the underlying model, which runs on private cloud computing, with no cloud API costs. “This is access to frontier-level intelligence with unparalleled privacy protections, because infrastructure costs shouldn’t hold you back when you start thinking about ideas,” the presenters said. The “less than 2 million” number is another way to reach an audience of indie developers, similar to what…
Health experts say the less sleep teenagers get, the less able they are to cope with the challenges of adolescence. But the amount of sleep teenagers are getting each night is the lowest it’s been since 1991, a new study has found.Sleep levels among American adolescents and teens in eighth, 10th, and 12th grades steadily declined over the years from 1991 to 2023, according to researchers from the University of Minnesota, Columbia University, and the University of Michigan. Their paper, published May 12, used data from Monitoring the Future, an ongoing survey of more than 400,000 U.S. students.In the survey,…
Published June 9, 2026June 9, 2026Donald Trump’s courtside appearance at Madison Square Garden was supposed to be a historic moment, as he became the first sitting US president to attend an NBA Finals game.Instead, his arrival became the talk of the town, prompting boos from some in the crowd and a massive security operation that changed the atmosphere around the storied New York arena on Monday night.President Trump watched from his executive suite as the New York Knicks hosted the San Antonio Spurs, a series that captivated the city and brought back memories of the Knicks’ glory days.Many fans jeered…
“The pilot is fine,” US President Donald Trump said when asked about reports that a US military helicopter crashed near the Strait of Hormuz. The New York Times reported that a U.S. Army Apache helicopter gunship crashed near the Channel on Monday and two crew members had to be rescued. “The pilot is fine, no one was hurt,” President Trump told reporters in New York after watching Monday night’s NBA Finals game. He did not provide further information about what happened, but said a report would be released “tomorrow.” The New York Times reported that it was unclear what caused…
Apple’s Worldwide Developer Conference on Monday began with an apology of sorts. Rather than jumping right into the headlines about improved AI-powered Siri, Craig Federighi, Apple’s senior vice president of software engineering, spent the first part of his keynote listing repairs. For the past two years, Apple has been racing to catch up with AI, but frustrations with its core software have been quietly building. A redesign that users hate, a search feature that barely works, a file sharing feature that routinely fails, and a healthcare app that doesn’t focus enough on half of its user base. Apple said nothing…
Here we will introduce companies that have become a hot topic in intraday trading. Apple – The iPhone maker rose more than 2% as the Global Developers Conference kicked off. Apple is expected to further elaborate on its strategy around artificial intelligence, including updates to Siri. Wix.com – This web development company is down more than 5%. Wix has lowered its full-year outlook, calling for bookings to grow by a low-teens percentage. This was lower than expected, which was in the mid-10% range. Second quarter year-over-year and sales growth is now expected to be in the low to mid-teens, compared…