Author: Editor-In-Chief
US President Donald Trump speaks during a press conference during the 2026 NATO Ankara Summit in Ankara, Turkiye, July 8, 2026. Beata Saurzernul Photo | Getty ImagesHello, my name is Justina Lee from Singapore. Welcome to another edition of CNBC’s Daily Open.The latest developments in the Middle East, including the proposed 20% tariff on cargo transiting the Strait of Hormuz, are causing oil prices to soar.U.S. benchmark indexes fell overnight on waning hopes for a Middle East peace deal and a sell-off in tech stocks, but futures were little changed ahead of earnings and inflation data. What you need to…
This drone shot shows the oil tanker Helga moored at one of Iraq’s offshore oil terminals in southern Iraq near Basra, preparing to load crude oil.This is the second vessel to arrive since the closure of the Strait of Hormuz on April 24, 2026. Mohamed Ati | ReutersPresident Donald Trump’s plan to impose a 20% fee on cargo transiting the Strait of Hormuz threatens global oil surpluses, especially if renewed fighting closes the vital waterway again. Analysts said the proposed levy was less about its direct costs and more about what it implied: the growing risk that disruptions to shipping…
TikTok’s policy chief defended the platform’s safety measures as the European Union moves to restrict children’s access to social media amid increased scrutiny of tech giants. Ali Lo, TikTok’s Nordic director of public policy and government, told CNBC’s Karen Tso and Steve Sedgwick that the social media giant is built in a “safe by design” way to ensure young people are safe on the platform. “We are very aware that both parents and policymakers have concerns in this area,” Mr Lowe said on Tuesday’s Squawk Box Europe show. “We want people to have a healthy and secure relationship with apps,…
NANJING, CHINA – JULY 9: Aerial view of new energy vehicles waiting to be shipped at Longtan Port area of Nanjing Port in Nanjing, Jiangsu Province, China on July 9, 2026. Yang Spin | Visual China Group | Getty ImagesChina trade growth was much stronger than expected in June, with shipments surging on rising global demand for AI hardware and a rush of exporters to counter expected U.S. tariff hikes. Tuesday’s customs figures showed overall exports rose 27% year-on-year in U.S. dollar terms, the highest level since October 2021, accelerating from May’s 19.4% increase and well ahead of economists’ expectations…
Published July 14, 2026July 14, 2026US President Donald Trump has issued a new threat to attack and destroy Iran’s nuclear facility, known as Pickaxe Mountain, as attacks between the US and Iran escalate and head toward an unprecedented and unpredictable stage.The threat raises a series of questions about the nature of the nuclear complex, which media reports say is one of the Islamic Republic’s most heavily fortified facilities.Recommended stories list of 4 itemsend of listWhat makes it unique and why is it a prime target?What is the secret behind the site?Mount Pickaxe, located south of Tehran, is a highly fortified…
While long-term interest rates were once highlighted as an attractive yield factor for private credit investors, financial industry experts say tighter monetary policy is becoming the next big stress point for the sector. Central banks around the world are facing new inflationary pressures due to energy strains caused by wars in the Middle East, raising the possibility of further interest rate hikes. This is a problem for private credit, where debt typically has variable interest rates. This means that while lenders will need to distinguish between temporary flexibility and severe credit stress, debt servicing costs for underlying borrowers in many…
U.S. Navy warships pass through the Arabian Sea in tight formation, June 30, 2026, as CENTCOM forces continue to promote regional security and stability.Source: U.S. NavyHello, this is Leonie Kidd from London. President Trump’s demand that traffic passing through the Strait of Hormuz pay a 20% toll in return for protection shocked the international community.This marks a new development in the conflict with Iran and has once again spooked investors after the ceasefire effectively collapsed. What you need to know todayThat’s a harsh reality for the oil market, which is climbing again after posting its biggest one-day jump on Monday…
Sen. Elizabeth Warren (D-Mass.) speaks to reporters outside the Senate chamber on March 21, 2026, in Washington, DC.Tasos Katopodis | Getty ImagesCompanies are declaring war on a provision in the must-pass defense bill that restricts Pentagon contractors from making stock buybacks and paying dividends without Pentagon approval, and are calling on Congress to repeal the provision before it reaches the president’s desk. The U.S. Chamber of Commerce, along with 40 other business groups, sent a letter to Senate leaders Tuesday urging them to remove the measure from the bill, an annual defense policy package known as the National Defense Authorization…
Traders work on the floor of the New York Stock Exchange (NYSE) on February 13, 2026 in New York City. Spencer Pratt | Getty ImagesStock futures were mixed early Tuesday after traders suffered losses in the session as they tried to weather escalating tensions between Iran and the United States. Wall Street also awaited the release of key corporate earnings and the latest inflation data. Dow Jones Industrial Average Futures It fell 103 points (0.2%). S&P500 futures flat, one hand Nasdaq 100 futures It rose by 0.37%.Major U.S. stock indexes fell in regular trading after President Donald Trump said he…
Check out the companies making the biggest moves at noon: Brain — AI platform stocks soared 62% after the company launched Aria, an AI agent designed for the real estate industry. “We believe this creates a scalable, recurring software opportunity in a global real estate software market expected to reach approximately $32 billion by 2033,” CEO Natraj Balasubramanian said in a statement. AppLovin — The software stock fell 12%, making it the worst-performing S&P 500 stock to begin the week. This decline puts AppLovin on pace for daily losses for the sixth time in seven sessions. Biogen — Shares rose…