Frank Fell/robertharding | Collection Mix: Subjects | Getty Images Asia-Pacific markets opened mixed as investors remained cautious despite a three-week extension of the Israel-Lebanon ceasefire, underscoring lingering geopolitical uncertainty. Israel and Lebanon agreed to extend their ceasefire by three weeks following a meeting in the White House with top U.S. officials, President Donald Trump said Thursday. “The Meeting went very well!” Trump said in…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 23, 2026. Jeenah Moon | Reuters U.S. stock futures were little changed on Thursday night after President Donald Trump said that Israel and Lebanon had agreed to extend their ceasefire by three weeks. S&P 500 futures were…
Earnings are dominating events in Europe on Thursday, with Nestlé, Nokia and L’Oréal all seeing strong gains, but oil prices gains are keeping a cap on investor sentiment. Transit through the Strait of Hormuz remains effectively closed, and the deadlock also continues to weigh on stocks across Asia, where Samsung Electronic shares closed at a fresh…
Investors are starting to find value in an area of the market that not too long ago was heavily associated with growth: software. The group has struggled to keep up with the broader market in recent years. The iShares Expanded Tech-Software Sector ETF (IGV) tumbled 35.7% in 2022 and virtually matched the S & P…
OpenAI CEO Sam Altman during a media tour of a Stargate AI data center in Abilene, Texas, Sept. 23, 2025. Bloomberg | Bloomberg | Getty Images OpenAI on Thursday announced its latest artificial intelligence model, GPT-5.5, which the company says is better at coding, using computers and pursuing deeper research capabilities. The launch comes less…
Signage outside the ServiceNow headquarters in Santa Clara, California, US, on Thursday, Sept. 4, 2025. David Paul Morris | Bloomberg | Getty Images Software stocks plummeted on Thursday as disappointing results from ServiceNow and IBM added to fears that artificial intelligence tools and services will disrupt their businesses. Shares of ServiceNow sank 17% Thursday, on…
A Spirit Airlines plane at New York’s LaGuardia Airport. Leslie Josephs/CNBC Spirit Airlines’ accessible cash to keep operating won’t last long and a government rescue package is on the table, a lawyer for the struggling budget carrier said at a hearing Thursday. The company needs access to existing cash or new funding in the next…
LVMH CEO Bernard Arnault warned Thursday of “world catastrophe” if the conflict in the Middle East is not resolved. His comments came after the Iran war weighed on demand in the first three months of the year, halving the luxury giant’s sales growth. “The world is now in a pretty serious crisis in the Middle…
Jet fuel shortages threaten to disrupt the upcoming summer travel season as the conflict in the Strait of Hormuz intensifies. Nurphoto | Nurphoto | Getty Images Peak travel season is almost here, but the International Energy Agency’s head told CNBC that Europe may struggle to meet surging jet fuel demand as the Middle East crisis…
President Donald Trump’s overall — and economic — approval ratings plunged in the latest CNBC All-America Economic Survey in what appears to be direct fallout from widespread dissatisfaction with the war with Iran, high gasoline prices and negative views of the economy. The survey of 1,000 people nationwide found that 40% approve of the president’s…
