timef 05/07/2026

The U.S. is locked into a heated rivalry with China and a race to lead AI innovation.

The combined company would need to maintain an investment-grade credit profile, GameStop's mysterious financing letter said.

Shivon Zilis, a former OpenAI board member who has four children with Musk, testified that the Tesla CEO wanted the AI startup to join his EV company.

Boeing CEO Kelly Ortberg is expected to join President Donald Trump on his visit to China next week, a source familiar with the planemaker's plans told CNBC.

The 2026 FIFA World Cup is expected to add over $40 billion to the global GDP with its most lucrative edition ever.

The billionaire hedge fund manager said the market may still be in the middle innings of an AI-driven rally.

Saba Capital, the hedge fund led by Boaz Weinstein, has agreed to a three-year pause to its activist campaign against nine London-listed funds

"War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March," the company said.

Shares of McDonald's have fallen 10% over the last year, hurt by concerns about the broader economy.

On Thursday, spot gold jumped 1.2% to $4,750 per ounce amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.

Maersk CEO Vincent Clerc said the shipping giant had deliberately taken a "very cautious approach" during the Middle East crisis.

There have been increasing calls within Europe for the region's most critical workloads to diversify away from dominant U.S. cloud providers.

Japan's Ministry of Finance has intervened in the yen over the country's Golden Week holiday. 

Shortly after the opening bell, the pan-European Stoxx 600 index was seen 0.14% higher.

Maersk said the Iran war had introduced an "additional layer of uncertainty" as it reported first-quarter earnings on Thursday.

Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.

Southeast Asia to benefit significantly from Asian Development Bank's $70 billion new energy and digital infrastructure plan in Asia and the Pacific by 2035.

Iran reviews the latest peace plan proposed by the U.S., as investors remain optimistic about the developements.

Norway's Equinor told CNBC that the company expects the Iran war to deliver a boost to its transition industries.

The benchmark Nikkei 225 surged over 5% to a record high as Japan reopened after extended Golden Week holidays.

The U.S. and Iran are close to a memorandum of understanding that would end the war and establish a framework for further negotiations, Axios reported.

Oil prices rose Thursday, as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.

Social media influencers are urging consumers to read labels and pushing traditional companies to make healthier products or risk being replaced by newer entrants.

Asia-Pacific markets were set to climb, shrugging off renewed tensions in the Middle East.

At Anthropic's developer conference in San Francisco, CEO Dario Amodei said the company is 'working as quickly as possible' to provide additional compute.

Oil executives have warned that the supply disruption in the Middle East will soon cause actual fuel shortages in some parts of the world.

Anthropic said it's forged a deal with SpaceX, which owns rival xAI, to use all of the compute capacity at the company’s Colossus 1 data center in Memphis, Tennessee.

U.S. airlines spent 56.4% more on jet fuel in March than they did in February, U.S. government data released Wednesday show.

Apollo CEO Marc Rowan warned that markets face an elevated risk of unexpected shocks, saying he is positioning the firm defensively for an expected correction.

Novo Nordisk CEO Mike Doustdar says the Ozempic and Wegovy maker is looking for deals more than ever before.