Kylian Mbappe exercising inside the gym at Ciudad Real Madrid on May 06, 2026 in Madrid, Spain. Antonio Villalba | Real Madrid | Getty Images France has emerged as a clear fan favorite for this year’s FIFA World Cup in North America, according to a Bank of America survey — but Microsoft’s Copilot artificial intelligence…
Paul Tudor Jones speaks onstage during the 2024 Robin Hood Benefit at Jacob Javits Center on May 13, 2024 in New York City. Kevin Kane | Getty Images Billionaire hedge fund manager Paul Tudor Jones sent a warning signal on Thursday, arguing that the U.S. is late to the game on artificial intelligence regulation. “We…
Kelly Ortberg, chief executive officer of Boeing Co., during a media event at the Boeing Delivery Center in Seattle, Washington, US, on Wednesday, Jan. 7, 2026. M. Scott Brauer | Bloomberg | Getty Images Boeing CEO Kelly Ortberg is expected to join President Donald Trump on his visit to China next week, a source familiar…
Hedge funds are staging a dramatic rebound after suffering hefty losses during March’s Middle East-fueled market mayhem, with equity-focused strategies landing their biggest monthly gain for investors in a quarter-century last month. Overall, the industry advanced about 3% on average in April, according to new data published by global industry tracker Hedge Fund Research. “We…
Saba Capital, the hedge fund led by Boaz Weinstein, has agreed to a three-year pause to its activist campaign against up to nine London-listed funds after a deal to secure the future of the Herald Investment Trust. Herald on Thursday announced a tender offer for up to 66% of its issued share capital, intended to…
European stocks opened slightly higher on Thursday as investors await the outcome of reports that Washington and Tehran are nearing an agreement to end the war. The pan-European Stoxx 600 index was just above the flatline in early morning trading. London’s FTSE 100 fell 0.25%, while France’s Cac 40 and Germany’s Dax added 0.2% and…
A Maersk container ship loaded with cargo containers sails out of port waters near the Kwai Tsing Container Terminals on March 19, 2026 in Hong Kong, China. Cheng Xin | Getty Images News | Getty Images The chief executive of Maersk, one of the world’s largest shipping companies, said Thursday that one of its commercial…
While authorities have typically refrained from immediately confirming currency interventions, they usually issue warnings beforehand — an intentional, strategic ambiguity that keeps the element of surprise to maximize market impact. Richard A. Brooks | Afp | Getty Images After multiple warnings against the “speculative” and “one-sided” currency moves, Japan’s Ministry of Finance appears to have put its…
This photo taken on April 20, 2026 shows a national flag of Iran hanging on a building damaged by the U.S.-Israeli attacks in Tehran, Iran. Shadati | Xinhua News Agency | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. A one-page document has…
The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Brandon Bell | Getty Images British energy major Shell on Thursday reported stronger-than-expected first-quarter profit as the Iran war sent energy prices soaring. The oil giant posted adjusted earnings of $6.92 billion for the first three months of…
