The jump comes on reports that Apple is discussing using Intel chips for its U.S. devices and follows a historic 114% surge last month.
DOD expected "some churn at the beginning" of "Project Freedom," Defense Sec. Hegseth said, referring to an effort to move ships through the Strait of Hormuz.
Central banks are widely expected to raise interest rates in a bid to temper soaring energy prices.
The "Universal Electric Vehicle" platform is expected to be key to Ford transforming its EV unit from billions of dollars in annual losses to breakeven by 2029.
Ferrari NV on Tuesday beat Wall Street's first quarter earnings expectations and reconfirmed its guidance for the year.
Pfizer is looking to newer products and acquisitions to offset a declining Covid business.
The U.S.' bid to re-open the Strait of Hormuz, dubbed "Project Freedom," was nicknamed "Project Deadlock" by Iran.
It comes as the U.S. Navy seeks to deliver on President Donald Trump's "Project Freedom" initiative.
The victory of Indian Prime Minister Narendra Modi's political party in state polls dispels worries about his waning popularity, analysts said.
The Italian lender is making a takeover bid for German rival Commerzbank, despite pushback in Germany.
An escalation in attacks in the Middle East puts the fragile ceasefire at risk, but market activity remains muted, with earnings keeping investors' attention.
European stocks are expected to open lower on Tuesday as investors digest the latest developments in the Iran war.
Inflation had picked up materially in the second half of 2025, and the conflict in the Middle East had resulted in sharply higher fuel and commodity prices.
Europe's largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts' estimates.
Secret Service Officer John Spillman has been placed on administrative leave after his arrest, which in Miami.
BYD's deliveries fell for an eighth straight month in April, while Stellantis-backed Leapmotor logged a record number of deliveries
Tensions flared up again in the Middle East after Iran struck the United Arab Emirates.
Oil prices declined on Tuesday, retreating from sharp gains in the previous session.
Disney and 20th Century Studios' "The Devil Wears Prada 2" opened the summer movie season with $77 million in ticket sales.
Hong Kong's IPO surge looks to be just getting started, as China's tech boom sees its ecosystem mature.
Chinese company Zhejiang Geely Holding Group has big investments in three automakers already doing business in the U.S.
Early signs from the launch of Novo Nordisk's Wegovy pill and Eli Lilly & Co.'s Foundayo are making investors rethink the opportunity for GLP-1 pills.
The move marks Anthropic's latest effort to deepen its lead in the market for enterprise AI as competition intensifies with rivals including OpenAI
Spirit Airlines' collapse will give some carriers more pricing power as they race to capture Spirit's customers.